Oakwood Foundation Charitable Tr
- Assets
- $11.6m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Tupelo, MS
- Founding
- 05/1996
- Data as of
- 12/2022
- EIN
- 64-0858879
Organization Overview
Oakwood Foundation Charitable Tr is located in Tupelo, MS. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Oakwood Foundation Charitable Tr 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, Oakwood Foundation Charitable Tr generated $5.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $7.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Oakwood Foundation Charitable Tr has awarded 591 individual grants totaling $49,005,713. 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 |
|---|---|---|---|
John R Grisham Trustee | 1 | $0 | |
Elizabeth R Grisham Trustee | 1 | $0 | |
Robert E Mcdade Jr Financial Manager | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,050,000 |
| Interest on Savings | $265 |
| Dividends & Interest | $75,197 |
| 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 | $0 |
| Total Revenue | $5,125,462 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $300 |
| Total operating and administrative expenses | $2,475 |
| Contributions, gifts, grants paid | $7,414,567 |
| Total expenses and disbursements | $7,417,042 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,625,058 |
| 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 | $11,625,058 |
| 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 | $2,250 |
| Total liabilities | $2,250 |
Grants Awarded
Over the last fiscal year, Oakwood Foundation Charitable Tr has awarded $7,414,567 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
THE FOUNTAIN FUND PURPOSE: GENERAL FUND | $5,000 |
SHARE OUR STRENGTH PURPOSE: GENERAL FUND | $4,100,000 |
SERVICE DOGS OF VIRGINIA PURPOSE: GENERAL FUND | $1,000 |
WASHINGTON LEGAL CLINIC FOR THE HOMELESS PURPOSE: GENERAL FUND | $50,000 |
THE WOMEN'S INITIATIVE PURPOSE: GENERAL FUND | $15,000 |
THE WILDLIFE CENTER OF VIRGINIA PURPOSE: GENERAL FUND | $15,000 |