Oechsle Family Foundation Inc
- Assets
- $57.2m
- Revenue
- $991.8k
- Investments
- $56.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2007
- Data as of
- 12/2023
- EIN
- 20-4852371
Organization Overview
Oechsle Family Foundation Inc is located in Wilmington, DE. The organization was established in 2007. 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. Oechsle Family 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 12/2023, Oechsle Family Foundation Inc generated $991.8k 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 (36.8%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Oechsle Family Foundation Inc has awarded 142 individual grants totaling $9,547,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyler Bunton Dir | 1 | $0 | |
William O Bunton Dir | 1 | $0 | |
Linda Oechsle Dir, Sec, VP | 1 | $0 | |
Martina Oechsle-Vasconcelles Dir, Pres, Treas | 1 | $0 | |
Andrew Vasconcelles Dir | 1 | $0 | |
Oliver M Vasconcelles Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan Stanley | 12/30/23 | $274,676 |
Foundation Source | 12/30/23 | $95,877 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $590 |
| Dividends & Interest | $1,448,869 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$457,613 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $991,846 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,829 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $98,110 |
| Total operating and administrative expenses | $383,615 |
| Contributions, gifts, grants paid | $2,806,000 |
| Total expenses and disbursements | $3,189,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $801,282 |
| 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 | $41,930 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $57,232,959 |
| 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, Oechsle Family Foundation Inc has awarded $2,806,000 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
A PLACE TO TURN INC PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
ALL OUR KIN INC PURPOSE: GENERAL & UNRESTRICTED | $80,000 |
ALLIANCE FOR EARLY SUCCESS PURPOSE: GENERAL & UNRESTRICTED | $45,000 |
AMERICAN CANCER SOCIETY PURPOSE: TO RELAY FOR LIFE OF CHARLES RIVER- THE BOSTON HOPE LODGE | $40,000 |
AMERICAN CANCER SOCIETY INC PURPOSE: RELAY FOR LIFE OF NORTHWESTERN UNIVERSITY | $40,000 |
AMERICAN PRAIRIE FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $34,000 |