Otter Cove Foundation
Preselected recipients only
Otter Cove Foundation is a private foundation in Carmel, California. In tax year 2024 it gave $325,000 in 4 grants; the typical grant was $100,000 and the largest $100,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$325,000
- Number of grants4
- Typical grant$100,000
- Largest grant$100,000
- Assets$14.5 million
- New grantees50%
Giving in 2024 was down from $465,000 the year before.
50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $465,000 | 9 | $12.9 million |
| 2024 | $325,000 | 4 | $14.5 million |
How to apply
Otter Cove Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Otter Cove Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 3 | $225,000 |
| Oregon | 1 | $100,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Stevenson School | TO SUPPORT THE ADVANCEMENT OF EDUCATION, Scholarship program | $100,000 |
| Think Wild | Think Wild provides a wildlife support system in Central Oregon | $100,000 |
| The Marine Mammal Center | Marine mammal rescue and rehabilitation, research and education | $100,000 |
| Community Foundation for Monterey C | To support programs in the local community | $25,000 |
Officers and trustees
- James P Read Jr
- Mark Plumley
- Megan G Lindberg
- Gilan M Read
Questions people ask
Does Otter Cove Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Otter Cove Foundation give?
$325,000 in tax year 2024, across 4 grants, with a typical grant of $100,000.
Who runs Otter Cove Foundation?
Its 2024 filing lists James P Read Jr (President), Mark Plumley (Secretary), Megan G Lindberg (Director) and Gilan M Read (Director/Cfo).
What does Otter Cove Foundation fund?
Based on its grants, mainly education and environment and conservation.