Ortner Family Foundation
- Assets
- $22.1m
- Revenue
- -$267.8k
- Investments
- $21.0m
- Employees
- 0
- Location
- Mclean, VA
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 47-5662226
Organization Overview
Ortner Family Foundation is located in Mclean, VA. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ortner Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Ortner Family Foundation has awarded 50 individual grants totaling $5,969,092. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Ortner President | 2 | $0 | |
Elizabeth Ortner Secretary | 2 | $0 | |
Kimberly Begg Program Director | 40 | $160,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,800 |
| Interest on Savings | $0 |
| Dividends & Interest | $655,376 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$933,006 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$267,830 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $160,000 |
| Other employee salaries and wages | $54,680 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $28,836 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $393,567 |
| Contributions, gifts, grants paid | $1,544,050 |
| Total expenses and disbursements | $1,937,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,031 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,124,691 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,000,000 |
| Total assets | $22,061,131 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,489 |
| Total liabilities | $4,489 |
Grants Awarded
Over the last fiscal year, Ortner Family Foundation has awarded $1,544,050 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CANA ACADEMY PURPOSE: GENERAL PURPOSE | $500,000 |
CATHOLIC INFORMATION CENTER PURPOSE: GENERAL PURPOSE | $10,000 |
CATHOLIC EDUCATION PARTNERS PURPOSE: GENERAL PURPOSE | $50,000 |
ETHICS AND PUBLIC POLICY CENTER PURPOSE: GENERAL PURPOSE | $50,000 |
RELIGIOUS FREEDOM INSTITUTE PURPOSE: GENERAL PURPOSE | $360,000 |
THE CATHOLIC UNIVERSITY OF AMERICA PURPOSE: GENERAL PURPOSE | $100,000 |