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Nonprofiteer
← VAN OTTERLOO FAMILY FOUNDATION

Form 990 for tax year 2022

Filed by VAN OTTERLOO FAMILY FOUNDATION.

Totals

Total revenue
$5,318,397
Total expenses
$2,883,123
Contributions and grants received
$0
Grants paid
$2,692,475
Program service revenue
$0
Investment income
$5,318,397
Other revenue
$0
Total assets, end of year
$40,168,996
Total liabilities, end of year
$1,088,000
Net assets or fund balances, end of year
$39,080,996
Program services expenses (Part IX)
$2,692,475
Management and general expenses
$190,648
Fundraising expenses
$0
Program service expenses (Part III)
$2,692,475

Program services were 93.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $266,577 · excluded $266,577

  • 7a · Gross sales of assets other than inventory

    securities $24,871,016

  • 7b · Less cost or other basis and sales expenses

    securities $19,819,196

  • 7c · Gain or loss

    securities $5,051,820

  • 7d · Net gain or loss

    total $5,051,820 · excluded $5,051,820

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,692,475 · program services $2,692,475

  • 5 · Compensation of officers, directors and key employees

    total $79,860 · management and general $79,860

  • 10 · Payroll taxes

    total $6,544 · management and general $6,544

  • 11c · Fees: accounting

    total $20,000 · management and general $20,000

  • 11f · Fees: investment management

    total $3,559 · management and general $3,559

  • 13 · Office expenses

    total $2,513 · management and general $2,513

  • 24a · Other expenses: ALTRA ROCK FUND K-1 INV

    total $65,834 · management and general $65,834

  • 24b · Other expenses: TAXES

    total $12,238 · management and general $12,238

  • 24c · Other expenses: STATE TAX ANNUAL FILING

    total $100 · management and general $100

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,105,429 · end of year $453,724

  • 11 · Investments: publicly traded securities

    beginning of year $19,181,815 · end of year $15,207,959

  • 12 · Investments: other securities

    beginning of year $16,381,400 · end of year $24,487,313

  • 15 · Other assets

    beginning of year $128,734 · end of year $20,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $28,130 · end of year $20,000

  • 18 · Grants payable

    beginning of year $10,000 · end of year $1,068,000

  • 27 · Net assets without donor restrictions

    beginning of year $36,759,248 · end of year $39,080,996

Mission and programs · 2022

Mission

TO PROVIDE SUPPORT FOR EDUCATIONAL ENTERPRISES THAT DEMONSTRATE INNOVATION AND EXCELLENCE IN TEACHING AND LEARNING WHILE PLACING EMPHASIS ON THE POTENTIAL OF ALL INDIVIDUALS, TARGET UNMET EDUCATIONAL NEEDS, OR PROVIDE AN EXEMPLARY EDUCATIONAL PROGRAM.

Activities or mission (Part I)

BENEFIT EDUCATIONAL ORGANIZATIONS

  • GRANTS TO EDUCATIONAL INSTITUTIONS THAT QUALIFY AS SECTION 501 (C) (3) ORGANIZATIONS

    Expenses $2,692,475 · Grants $2,692,475

As filed on the 2022 return.

Listed in Part VII

  • Rose Marie Van Otterloo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • Peter Woodward

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • Lawrence Griffin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • Erin Van Otterloo

    EXECUTIVE DIRECTOR

    Total calculated
    $79,860
    From this org
    $79,860
    From related orgs
    $0
    Other
    $0
    Hours/week
    13

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
14 August 2024
IRS schema version
2022v5.0
Source object
202402289349300315

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.