Community Foundation Of Otsego County Inc

Organization Overview

Community Foundation Of Otsego County Inc is located in Springfield Center, NY. The organization was established in 2019. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Community Foundation Of Otsego County Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Otsego County Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Community Foundation Of Otsego County Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 45.7% each year . All expenses for the organization totaled $432.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Community Foundation Of Otsego County Inc has awarded 37 individual grants totaling $396,883. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION LEADS AND INSPIRES COMMUNITY WIDE EFFORTS THAT SIGNIFICANTLY IMPROVE THE QUALITY OF LIFE AND THE PROSPERITY OF THE OTSEGO COUNTY, NY AREA. CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER, WE LEVERAGE COLLECTIVE KNOWLEDGE, CREATIVITY, AND RESOURCES FOR A GREATER IMPACT THAN ANY OF US CAN MAKE ALONE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY OUTREACH AND EDUCATION


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Board, Officers & Key Employees

Name (title)Compensation
Jeff Katz
Executive Dir.
$86,148
David T Bliss
Director
$0
Lou Allstadt
Director
$0
Faith Gay
Director
$0
Alan Donovan
Director
$0
Gary Herzig
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,340,271
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,340,271
Total Program Service Revenue$14,510
Investment income $234,589
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,598,370

Grants Awarded

Over the last fiscal year, Community Foundation Of Otsego County Inc has awarded $145,342 in support to 11 organizations.

Grant RecipientAmount

ARC OTSEGO

PURPOSE: GENERAL ASSISTANCE

$5,500

ATHELAS THERAPEUTIC RIDING

PURPOSE: GENERAL ASSISTANCE

$5,500

CATHOLIC CHARITIES

PURPOSE: GENERAL ASSISTANCE

$35,000

CATSKILL AGRARIAN ALLIANCE

PURPOSE: GENERAL ASSISTANCE

$10,000

COMMUNITY ARTISTS NETWORK

PURPOSE: GENERAL ASSISTANCE

$9,500

FAMILY SERVICES

PURPOSE: GENERAL ASSISTANCE

$8,800
View Grant Profile

Peer Organizations

Organization NameAssets
Pittsburgh Foundation
Pittsburgh, PA
$80,275,888
Hartford Foundation For Public Giving
Hartford, CT
$84,111,242
Fund For The City Of New York Inc
New York, NY
$67,312,664
Federation Of Jewish Communities Of The C I S Inc
New York, NY
$61,739,464
Philadelphia Foundation
Philadelphia, PA
$72,684,648
Community Foundation For Greater New Haven
New Haven, CT
$102,254,142
Vermont Community Foundation
Middlebury, VT
$79,760,072
Community Foundation For Greater Buffalo Inc
Buffalo, NY
$54,971,299
Rochester Area Community Foundation
Rochester, NY
$59,557,190
Jewish Community Foundation Of Greater Metrowest Nj
Whippany, NJ
$283,775,542
Fairfield Countys Community Foundation Inc
Norwalk, CT
$46,758,216
Catholic Charities Of Buffalo
Buffalo, NY
$27,684,521
The Berkshire Taconic Community Foundation Inc
Sheffield, MA
$31,998,976
Central New York Community Foundation Inc
Syracuse, NY
$34,290,952
New World Foundation
New York, NY
$20,326,734
Erie Community Foundation
Erie, PA
$68,689,242
Essex County Community Foundation Incorporated
Danvers, MA
$22,676,023
Lancaster County Community Foundation
Lancaster, PA
$104,729,352
Community Foundations Of The Hudson Valley
Poughkeepsie, NY
$33,010,069
Princeton Area Community Foundation Inc
Princeton, NJ
$20,796,965
Community Foundation Of Greater Johnstown
Johnstown, PA
$30,548,742
Community Foundation Of Western Massachusetts
Springfield, MA
$50,890,910
Community Foundation Of Herkimer And Oneida Counties Inc
Utica, NY
$21,224,240
Greater Worcester Community Foundation Inc
Worcester, MA
$20,277,510
Connecticut Community Foundation Inc
Waterbury, CT
$14,938,642

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