Oaklawn Foundation
- Assets
- $15.0m
- Revenue
- $934.7k
- Investments
- $14.0m
- Employees
- 0
- Location
- Wilton, CT
- Founding
- 08/1949
- Data as of
- 12/2023
- EIN
- 13-6127896
Organization Overview
Oaklawn Foundation is located in Wilton, CT. The organization was established in 1949. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Oaklawn Foundation 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, Oaklawn Foundation generated $934.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Oaklawn Foundation has awarded 251 individual grants totaling $6,841,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO DIRECT ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen K Grimm Director | 0 | $0 | |
William S Kies III President/director | 25 | $30,000 | |
Elizabeth K Raftery Treasurer/director | 25 | $25,000 | |
Joseph Paight Director | 0 | $0 | |
William S Kies IV Director | 0 | $0 | |
Jonathan M Wells Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $38 |
| Dividends & Interest | $465,045 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $469,621 |
| Capital Gain Net Income | $469,621 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $934,704 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $55,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25,965 |
| Depreciation | $132 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,294 |
| Printing and publications | $0 |
| Other expenses | $1,459 |
| Total operating and administrative expenses | $211,656 |
| Contributions, gifts, grants paid | $945,000 |
| Total expenses and disbursements | $1,156,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $971,615 |
| 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 | $0 |
| Net Land, buildings, and equipment | $460 |
| Other assets | $0 |
| Total assets | $14,999,063 |
| Accounts payable and accrued expenses | $1,069 |
| 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 | $0 |
| Total liabilities | $1,069 |
Grants Awarded
Over the last fiscal year, Oaklawn Foundation has awarded $1,640,000 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION PURPOSE: DIRECTOR'S GRANT TO 501C ORGANIZATION | $1,000 |
AMERICARES PURPOSE: EMERGENCY PROGRAMS | $20,000 |
AMERICAN RED CROSS PURPOSE: DISASTER RELIEF | $20,000 |
ASCUTNEY OUTDOORS PURPOSE: DIRECTOR'S GRANT TO 501C ORGANIZATION | $3,000 |
BETSY'S PARK PURPOSE: 2021 PLEDGE OF MULTI YEAR GRANT OF $50,000 2021-2024 | $10,000 |
BOYS & GIRLS CLUB GREENWICH PURPOSE: GENERAL OPERATING SUPPORT, EDUCATION PROGRAMMING AND DIRECTOR'S GRANT TO 501C ORGANIZATION | $31,000 |