Oakland Foundation
- Assets
- $2.9m
- Revenue
- $153.6k
- Investments
- $2.5m
- Employees
- 0
- Location
- Stowe, VT
- Founding
- 07/1997
- Data as of
- 12/2023
- EIN
- 55-0754353
Organization Overview
Oakland Foundation is located in Stowe, VT. The organization was established in 1997. 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. Oakland 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, Oakland Foundation generated $153.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $287.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Oakland Foundation has awarded 573 individual grants totaling $1,645,484. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathrine L Coppock President | 12 | $14,000 | |
John D Lutz Vice-Pres | 8 | $10,000 | |
Athey Lutz Secretary | 6 | $7,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $38,097 |
| Dividends & Interest | $102,987 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,493 |
| Capital Gain Net Income | $12,493 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $153,577 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,372 |
| Interest | $0 |
| Taxes | $464 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,821 |
| Total operating and administrative expenses | $67,988 |
| Contributions, gifts, grants paid | $219,175 |
| Total expenses and disbursements | $287,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,422 |
| Savings and temporary cash investments | $424,823 |
| 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 | $131,716 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,892,361 |
| Accounts payable and accrued expenses | $1,071 |
| 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 | $3,551 |
| Total liabilities | $4,622 |
Grants Awarded
Over the last fiscal year, Oakland Foundation has awarded $219,175 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
ALPINE HERITAGE PRESERVATION PURPOSE: RESTORE COTTILL'S OPERA HOUSE | $18,000 |
BLACKWATER MINISTERIAL ASSOCIATION PURPOSE: SUPPORT FOOD BANK | $5,000 |
ACTIVE SOUTHERN WEST VIRGINIA PURPOSE: HEALTH EDUCATION PROGRAMS ALL AGES | $10,000 |
ARTSBRIDGE PURPOSE: ARTS ENCOUNTER PROGRAM | $1,600 |
BOYS & GIRLS CLUB OF BURLINGTON PURPOSE: HELP PURCHASE TRANSPORTATION VAN | $2,000 |
CANAAN VALLEY VOLUNTEER FIRE DEPT PURPOSE: GENERAL SUPPORT | $7,000 |