The Oak Foundation Usa
- Assets
- $10.0m
- Revenue
- $2.2m
- Investments
- $197.8k
- Employees
- 0
- Location
- New York City, NY
- Founding
- 07/1986
- Data as of
- 12/2021
- EIN
- 13-3321196
Organization Overview
The Oak Foundation Usa is located in New York City, NY. The organization was established in 1986. 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. Oak Foundation USA 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, Oak Foundation USA generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $12.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Oak Foundation USA has awarded 158 individual grants totaling $107,885,012. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Graham Vice President | 40 | $204,866 | |
Anne Henshaw Program Officer | 40 | $158,976 | |
Vicky Rateau Program Assistant | 40 | $128,667 | |
Julie Kowal Program Assistant | 40 | $118,871 | |
Millie Brobston Program Officer | 40 | $117,950 | |
Caroline Turner President/treasurer/trustee | 32 | $103,517 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,231,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $3 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $145 |
| Total Revenue | $2,231,148 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,771,554 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $16,287 |
| Occupancy | $136,728 |
| Travel, conferences, and meetings | $9,895 |
| Printing and publications | $0 |
| Other expenses | $61,796 |
| Total operating and administrative expenses | $2,311,264 |
| Contributions, gifts, grants paid | $10,262,633 |
| Total expenses and disbursements | $12,573,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,710,244 |
| Net Accounts receivable | $1,092,000 |
| 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 | $27,513 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $10,756 |
| Other assets | $0 |
| Total assets | $10,038,273 |
| Accounts payable and accrued expenses | $71,242 |
| Grants payable | $6,372,987 |
| 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 | $6,444,229 |
Grants Awarded
Over the last fiscal year, The Oak Foundation Usa has awarded $10,262,633 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
HARLEM CHILDREN'S ZONE PURPOSE: TO PROVIDE CORE SUPPORT TO HARLEM CHILDREN'S ZONEHCZ AND ITS PIPELINE OF PROGRAMMES THAT OFFER EDUCATION, SOCIAL SERVICE AND WELLNESS SERVICES TO OVER 12,000 CHILDREN AND THEIR FAMILIES IN CENTRAL HARLEM, NEW YORK THE 97-BLOCK ZONE EACH YEAR. HCZ STRIVES TO BREAK THE CYCLE OF POVERTY IN CENTRAL HARLEM BY WORKING AT SCALE TO BUILD COMMUNITY, STRENGTHEN FAMILIES, AND ENSURE CHILDREN SUCCEED FROM BIRTH THROUGH COLLEGE GRADUATION. HCZ'S STRATEGY IS A MODEL FOR COMMUNITIES STRUGGLING WITH POVERTY AND FAILING EDUCATIONAL SYSTEMS. | $6,000,000 |
Washington, DC PURPOSE: TO STRENGTHEN WRI'S GLOBAL NETWORK BY EXPANDING THE CAPACITY AND RESILIENCE OF ITS INTERNATIONAL OFFICES IN BRAZIL, CHINA AND INDIA. THE WORLD RESOURCES INSTITUTE IS A GLOBAL RESEARCH ORGANISATION THAT WAS ESTABLISHED IN 1982. | $622,699 |
Durham, NC PURPOSE: TO PROVIDE HIGH-QUALITY SERVICES TO CHILDREN AND FAMILIES OF EAST DURHAM, NORTH CAROLINA. EAST DURHAM CHILDREN'S INITIATIVE FOCUSES ON THE FOLLOWING PRIORITIES: INCREASING OUT-OF-SCHOOL LEARNING OPPORTUNITIES FOR YOUTH; DEVELOPING MIDDLE AND HIGH SCHOOL PROGRAMMING; EXPLORING OPPORTUNITIES TO SCALE SERVICES; AND CREATING A NEW SERVICE DELIVERY MODEL THAT WILL INCREASE ITS REACH WHILE PROVIDING INDIVIDUALISED ACADEMIC AND SOCIAL-EMOTIONAL SUPPORTS FOR YOUTH. | $500,000 |
HEARTLAND ALLIANCE PURPOSE: TO PROMOTE THE HUMAN RIGHTS OF IMMIGRANTS, REFUGEES AND ASYLUM SEEKERS, PARTICULARLY THOSE DEPRIVED OF THEIR LIBERTY IN IMMIGRATION DETENTION. HEARTLAND ALLIANCE'S NATIONAL IMMIGRANT JUSTICE CENTER USES A MULTI-PRONG APPROACH OF ALLIANCE-BUILDING, POLICY ADVOCACY, IMPACT LITIGATION AND STRATEGIC COMMUNICATIONS TO REDUCE HARSH ENFORCEMENT PRACTICES AND THE NUMBER OF IMMIGRANTS IN DETENTION, IMPROVE DETENTION CONDITIONS AND ENSURE DUE PROCESS PROTECTIONS. | $400,000 |
Philadelphia, PA PURPOSE: TO ENABLE PROJECT HOME TO BUILD QUALITY AND CAPACITY WITHIN ITS RESIDENTIAL PROGRAMMES TO END AND PREVENT HOMELESSNESS IN PHILADELPHIA. PROJECT HOME (WHICH STANDS FOR HOUSING, OPPORTUNITIES FOR EMPLOYMENT, MEDICAL CARE, EDUCATION) ACHIEVES ITS MISSION THROUGH A CONTINUUM OF SERVICES. THESE COMPRISE STREET OUTREACH, A RANGE OF SUPPORTIVE HOUSING AND COMPREHENSIVE SERVICES DESIGNED FOR PERSONS WHO HAVE EXPERIENCED HOMELESSNESS. | $400,000 |
Boston, MA PURPOSE: TO SUPPORT CITY YEAR AND COMPASS ACADEMY TO DISSEMINATE INNOVATIONS IN PERSONALISED LEARNING THAT FOCUS ON SUPPORTING STUDENTS WITH LEARNING DIFFERENCES. CITY YEAR IS COMMITTED TO STRENGTHENING STUDENT SELF-AGENCY, PERSONALISING LEARNING AND DEVELOPING STUDENTS' COGNITIVE AND SOCIAL-EMOTIONAL SKILLS. IT AIMS TO ENSURE THAT ALL STUDENTS GRADUATE READY FOR COLLEGE OR A CAREER. | $350,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
The Morningside Foundation Newton Centre, MA | $22,445,720 | $11,895,776 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
The Patrick J Mcgovern Foundation Inc Boston, MA | $1,660,673,846 | $20,910,577 |
One8 Foundation Boston, MA | $488,764,350 | $32,279,319 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |