Oakhill Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.7M in total assets. In 2024, it awarded 4 grants totaling $1.8M. Net investment income was $833K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.7M
-5.7% YoY
Annual Giving
$1.8M
+221.1% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$442K
+60.6% YoY
Under IRS private-foundation payout rules, Oakhill Foundation reported a distributable amount of $840K for 2024 — the minimum it must pay out in qualifying distributions.
About Oakhill Foundation
Based on IRS filings
Oakhill Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.7M in total assets. In 2024, it awarded 4 grants totaling $1.8M. Net investment income was $833K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,669,946 | $14,500,729 | $11,970,551 |
| Revenue | $846,700 | $3,022,079 | $960,436 |
| Expenses | $1,843,232 | $601,513 | $62,773 |
| Qualifying Distributions | $1,766,889 | $550,217 | — |
| Net Investment Income | $832,705 | $3,002,960 | $944,360 |
| Distributable Amount | $839,929 | $746,200 | $775,503 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fidelity Charitable Gift Fund ($1,250,000), Fidelity Charitable Gift Fund ($257,058), Fidelity Charitable Gift Fund ($130,848).
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY CHARITABLE GIFT FUND CINCINNATI, OH | CHARITABLE PURPOSES | $1,250,000 |
| FIDELITY CHARITABLE GIFT FUND CINCINNATI, OH | CHARITABLE PURPOSES | $130,848 |
| FIDELITY CHARITABLE GIFT FUND CINCINNATI, OH | CHARITABLE PURPOSES | $128,983 |
| FIDELITY CHARITABLE GIFT FUND CINCINNATI, OH | CHARITABLE PURPOSES | $257,058 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN R BERTUCCI | TRUSTEE | 1 | — |
| CLAIRE R BERTUCCI | TRUSTEE | 1 | — |
| DAVID C MEGAN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Oakhill Foundation?
Oakhill Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, MA. It holds $13.7M in total assets as of 2024.
How large is Oakhill Foundation?
As of 2024, Oakhill Foundation holds $13.7M in total assets with $847K in annual revenue. It awarded 4 grants totaling $1.8M in 2024.
Where does Oakhill Foundation operate?
Oakhill Foundation has awarded grants in Illinois, Massachusetts, Ohio.
What size grants does Oakhill Foundation award?
In 2024, Oakhill Foundation awarded 4 grants totaling $1.8M — an average of about $442K per grant, based on its IRS Form 990 filings.
How much is Oakhill Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Oakhill Foundation reported a distributable amount of $840K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Oakhill Foundation's EIN?
Oakhill Foundation's EIN (Employer Identification Number) is 20-6021595. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Oakhill Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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