Oakmere Foundation Inc
- Assets
- $295.4k
- Revenue
- $143.0k
- Investments
- $129.4k
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 46-2867328
Organization Overview
Oakmere Foundation Inc is located in Greenwich, CT. The organization was established in 2015. 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. Oakmere Foundation 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 12/2022, Oakmere Foundation Inc generated $143.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $80.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Oakmere Foundation Inc has awarded 12 individual grants totaling $959,105. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Heyland President/treas | 0 | $0 | |
Claire Heyland Vice Pres. | 0 | $0 | |
Jennifer D Port Secretary | 0 | $0 | |
Lucy Heyland Director | 0 | $0 | |
Emily Heyland Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $120,000 |
| Interest on Savings | $351 |
| Dividends & Interest | $6,315 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,301 |
| Capital Gain Net Income | $16,301 |
| Net ST Capital Gain | $16,301 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $142,967 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,804 |
| Contributions, gifts, grants paid | $65,000 |
| Total expenses and disbursements | $80,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $165,987 |
| 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 | $129,391 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $295,378 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Oakmere Foundation Inc has awarded $65,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WINDMERE ISLAND FOUNDATION INC PURPOSE: COMMUNITY SUPPORT FOR NEEDY PEOPLE | $5,000 |
AFRICA SURGERY INC PURPOSE: GENERAL SUPPORT TO PROVIDE SURGERIES | $50,000 |
WORLD CENTRAL KITCHEN PURPOSE: GENERAL SUPPORT TO THE UKRAINE PROGRAM | $10,000 |