Friends Of Oakland Foundation Inc

Organization Overview

Friends Of Oakland Foundation Inc is located in Oakland, NE. The organization was established in 1990. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Oakland 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 12/2021, Friends Of Oakland Foundation Inc generated $850.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 50.7% each year . All expenses for the organization totaled $118.5k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Friends Of Oakland Foundation Inc has awarded 25 individual grants totaling $467,206. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE COMMUNITY SERVICES

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHARITABLE CONTRIBUTIONS WERE COLLECTED AND DISTRIBUTED FOR EDUCATIONAL SCHOLARSHIPS TO 13 OAKLAND-CRAIG AREA STUDENTS.


FUNDS WERE DISTRIBUTED TO OAKLAND CRAIG PUBLIC SCHOOLS FOR A PLAYGROUND SHADE, RENOVATION OF HIGH SCHOOL GYM, WELDER FOR INDUSTRIAL ARTS PROGRAM, TRASH RECEPTACLES AND ICE CREAM MACHINE.


FUNDS WERE DISTRIBUTED TO OTHER NON PROFIT ENTITIES FOR VARIOUS COMMUNITY IMPROVEMENT PROJECTS


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$4,844
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$704,583
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$709,427
Total Program Service Revenue$0
Investment income $82,231
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $58,566
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $850,224

Grants Awarded

Over the last fiscal year, Friends Of Oakland Foundation Inc has awarded $56,574 in support to 3 organizations.

Grant RecipientAmount

OAKLAND CRAIG PUBLIC SCHOOLS

PURPOSE: Playground equp, etc

$37,869

CITY OF OAKLAND

PURPOSE: Nursing Home improvements

$12,287

SWEDISH HERITAGE CENTER

PURPOSE: Siding

$6,418
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Friends Of Oakland Foundation Inc has recieved totaling $7,500.

Awarding OrganizationAmount
Normil Foundation

Lincoln, NE

PURPOSE: UNRESTRICTED

$7,500
View Grant Recipient Profile

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