White Oak Foundation Inc
- Assets
- $6.6m
- Revenue
- $5.0m
- Investments
- $6.0m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 35-2090392
Organization Overview
White Oak Foundation Inc is located in Indianapolis, IN. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. White Oak 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, White Oak Foundation Inc generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.7% each year . All expenses for the organization totaled $2.5m during the year ending 12/2022. While expenses have increased by 43.3% 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, White Oak Foundation Inc has awarded 121 individual grants totaling $5,479,967. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Lechleiter President | 2 | $0 | |
Sarah L Lechleiter Secretary | 1 | $0 | |
Daniel M Lechleiter Board Member | 1 | $0 | |
Rachel Lechleiter Director | 1 | $0 | |
Allison Lechleiter Director | 1 | $0 | |
Elizabeth B Kelly Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,761,429 |
| Interest on Savings | $7 |
| Dividends & Interest | $494,542 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $725,772 |
| Capital Gain Net Income | $725,772 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,981,750 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,796 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $35,066 |
| Contributions, gifts, grants paid | $2,430,994 |
| Total expenses and disbursements | $2,466,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $538,101 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,580,389 |
| 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, White Oak Foundation Inc has awarded $2,430,994 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, IN PURPOSE: GENERAL | $1,500,000 |
Indianapolis, IN PURPOSE: GENERAL | $501,527 |
Indianapolis, IN PURPOSE: GENERAL | $204,467 |
Columbus, OH PURPOSE: GENERAL | $50,000 |
PARK TUDOR SCHOOL PURPOSE: GENERAL | $35,000 |
Evansville, IN PURPOSE: GENERAL | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |