The Oak Foundation FY2023 filing

Tax-deductible

Minneapolis, MN501(c)(3)Foundations & GrantmakersEIN 27-4741901Revenue $127K in FY2023

On file with the IRSPo Box 5628, 55440-5628 · Minneapolis, MNTax-exempt since Feb 2012Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2023 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $107K a year · 109% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
20 mo
of spending, in cash
Looks good: 19.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$127K
+105% vs prior year
Spent
$210K
Net assets
$2.0M
By yearFY2020–FY2024
Revenue
$127K
FY2023▲ +105%
Tap a bar for its year
Revenue by fiscal year
FY2020−$49K
FY2021$264K
FY2022$62K
FY2023$127K
FY2024$85K
Expenses
$210K
FY2023▼ -26%
Tap a bar for its year
Expenses by fiscal year
FY2020$162K
FY2021$186K
FY2022$285K
FY2023$210K
FY2024$181K
Net assets
$2.0M
FY2023▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.3M
FY2021$2.3M
FY2022$2.1M
FY2023$2.0M
FY2024$1.9M

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 71% · $150K Operating & administrative 29% · $61K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2023 filing did not itemize Part VII
Director/President
$0Pt VII · Sec A
Director/Treasurer
$0Pt VII · Sec A
Director/Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Oak Foundation executive salaries →

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Programs and updates

A private foundation based in Minneapolis, MN.

Questions for The Oak Foundation

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 19 grants · $138K · 2024–2024
Our Lady of PeaceFY2024$25,000
There with CareCO · FY2024$12,500
EtownFY2024$12,500
Individual RecipientFY2024$10,000
Individual RecipientFY2024$10,000
Colorado Horse RescueCO · FY2024$10,000
Growing Gardens of BoulderFY2024$7,500
Converge 45FY2024$5,000
Trees That Feed FoundationIL · FY2024$5,000
Taking the ReinsCA · FY2024$5,000
Individual RecipientFY2024$5,000
Ocean Defenders AllianceCA · FY2024$5,000
Assistance Dogs of HawaiiHI · FY2024$5,000
Go4thegoal FoundationNJ · FY2024$4,000
RewildFY2024$2,500
Isla Urbana USA INCCA · FY2024$2,000
See all 19 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV11
Average grantPart XV$7K
Median grantPart XV$5K
Largest grantPart XV$25K
Top cause focusNTEEHuman Services (21%)

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$127K
Investment income$127K
Other income$238
Money out
$210K
Grants paid$150K
Running costs$61K
Owns and owes
$2.0M
net assets
Cash and savings$349K
Total assets$2.0M
Liabilities$0
People
6
listed
Paid0
2In more detail
Revenue in detail
Investment income$127K
Other income$238
Total revenue$127K
Assets in detailEnd of year
Cash and savings together$349K
Total assets$2.0M
Liabilities$0
Net assets$2.0M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $85K$181K−$95K$1.9M 990 PDF
FY2023 Viewing $127K$210K−$84K$2.0M 990 PDF
FY2022 $62K$285K−$223K$2.1M 990 PDF
FY2021 $264K$186K$78K$2.3M 990 PDF
FY2020 −$49K$162K−$211K$2.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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