Oakwood Foundation Inc
Oakwood Foundation Inc is a Madison, Wisconsin-based public charity established in 1981. It serves as the fundraising and gift-receiving organization for Oakwood Lutheran Senior Ministries, supporting its campuses, residents, and employees.
Oakwood Foundation Inc at a glance
In short: Oakwood Foundation Inc gave $2.1M across 7 grants in 2025 (avg $299K), mostly in Wisconsin. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,089,743
- -2.4% vs 2024
- Grants made (2025)
- 7
- -30.0% vs 2024
- Average grant
- $298,535
- +39.5% vs 2024
- Median grant
- $95,321
- Total assets
- $20,379,832
- +11.6% vs 2024
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026.
How to apply to Oakwood Foundation Inc
- Contact
Mailing address: 6201 Mineral Point Road, Madison, WI 53705
Phone: (608) 230-4699
Website: https://oakwoodvillage.net
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Oakwood Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Oakwood Village University Woods Homes Inc ($687K). Together the top 7 received $2.1M.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 12 grants of 30 (40%).
Geographic Focus
Where this funder awards grants
All 2024 grant dollars went to recipients in Wisconsin. The foundation is based in Madison, and its website describes its work as supporting Oakwood’s two campuses.
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
How Oakwood Foundation Inc gives
- Giving fell 64% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.3M (2020) to $5.9M (2022). In 2025 it made 7 grants totaling $2.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Oakwood Village University Woods Homes Inc Madison, WI | General Operations | $687,418 |
| Oakwood Village Praire Ridge Homes Inc Madison, WI | General Operations | $636,206 |
| Oakwood Village University Woods Apartments Inc Madison, WI | General Operations | $611,598 |
| Oakwood Village Prairie Ridge Apartments Inc Madison, WI | General Operations | $95,321 |
| Agebetter Inc Madison, WI | General Operations | $24,000 |
| Catholic Charities Inc Diocese of Madison Madison, WI | General Operations | $20,000 |
| Oakwood Chamber Players Inc Madison, WI | General Operations | $15,200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $20,379,832 | $3,075,088 | $2,510,285 | $2,089,743 | 7 | $1,306,566 |
| 2024 | $18,264,383 | $2,997,862 | $2,539,655 | $2,140,120 | 10 | $1,409,058 |
| 2023 | $16,778,416 | $3,296,677 | $4,982,031 | $4,645,096 | 7 | $1,496,705 |
| 2022 | $21,507,552 | $1,672,682 | $6,327,106 | $5,866,763 | 3 | $460,885 |
| 2021 | $25,308,403 | $3,654,995 | $1,721,809 | $1,454,359 | 3 | $2,106,685 |
| 2020 | $22,102,250 | $2,416,929 | $1,659,246 | $1,263,829 | 4 | $345,387 |
| 2019 | $19,219,638 | $2,690,501 | $2,502,447 | $1,991,639 | 6 | $908,590 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to develop, steward, and distribute resources to promote the highest level of independence for a diverse community of older adults. Its filing says it makes grants to other publicly supported 501(c)(3) public charities with purposes similar to its mission, and that grants are monitored by the foundation director, staff, and board.
The foundation’s website describes support for flexible mission needs, continuing care for residents who have outlived their resources, staff training and recognition, and improvements to shared campus spaces. Its filing also says endowment funds were established for continuing care, education, and pastoral care.
Among 2024 grantees, Oakwood Village University Woods Homes describes its mission as serving a thriving community where seniors live with dignity, connection, and purpose. AgeBetter Inc says it works collaboratively with older people and others to enhance older people’s health, wellness, independence, and quality of life. Briarpatch Youth Services says it provides services to improve and strengthen the lives of youth, their families, and the community.
Grantmaking
In filing year 2024, the foundation reported 10 grants totaling $2,140,120. Grant amounts ranged from $5,010 to $648,025, with a median grant of $27,000. The largest awards were to Oakwood Village Prairie Ridge Homes ($648,025), Oakwood Village University Woods Homes ($606,159), Oakwood Village University Woods Apartments ($570,245), and Oakwood Village Prairie Ridge Apartments ($230,599). Each was reported for general operations. Its 2025 filing, the latest on this page, reports 7 grants totaling $2.1 million.
Other 2024 grants included Catholic Charities Inc Diocese of Madison ($30,000), AgeBetter Inc ($24,000), Oakwood Chamber Players ($15,000), Briarpatch Youth Services ($5,729), Madison-Area Urban Ministry dba Just Dane ($5,353), and Operation Iraq and Afghanistan ($5,010). All listed grants were reported for general operations.
The foundation’s website describes a Clinical Pastoral Education scholarship for eligible seminary students and clergy, with awards of up to 75% of tuition and a maximum of $1,500 per CPE unit. The scholarship is paid directly to Sankofa CPE Center, LLC; it is a participant scholarship rather than an outside grant application program. The available materials do not state an application process for the foundation’s grants to other organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Sarah Kruger as chair, Donna Ulteig as vice chair, Rod Nordby as treasurer, and Lori Werbeckes as secretary. Directors listed are Sue Ullsvik, Ed Young, Barb McCarthy, Donna Beestman, Charlie Bunge, and Janice Hamilton-Crawford, who is listed as CEO.
Oakwood Foundation Inc is led by Janice Hamilton-Crawford, CEO since 2024 (on filings since 2023); none of the 12 officers listed in 2025 report compensation.
Officers on the 2025 filing
Janice Hamilton-Crawford
CEO
President & CEO → CEO, 2024
On filings since 2023
2 hrs/week
No compensation reported
David Mossner
Executive Director
On filings since 2024
40 hrs/week
No compensation reported
Sarah Kruger
Chair
Vice Chair → Chair & Past Chair Vice, 2021
Chair & Past Chair Vice → Chair, 2022
On filings since 2019
2 hrs/week
No compensation reported
Charlie Bunge
Director
On filings since 2024
2 hrs/week
No compensation reported
Donna Beestman
Director
On filings since 2024
2 hrs/week
No compensation reported
Denis Vogel
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Donna Ulteig
Vice Chair
Director → Vice Chair & Director, 2021
Vice Chair & Director → Vice Chair, 2022
On filings since 2019
2 hrs/week
No compensation reported
Lori Werbeckes
Secretary
On filings since 2019
2 hrs/week
No compensation reported
Rod Nordby
Treasurer
On filings since 2019
2 hrs/week
No compensation reported
Christine O'Donnell
CFO
Director of Finance → CFO, 2023
On filings since 2022
2 hrs/week
No compensation reported
Susan Rafferty
Chief Human Resources Officer
On filings since 2023
2 hrs/week
No compensation reported
Aimme Granger
Cheif Development Officer
New on the 2025 filing
40 hrs/week
No compensation reported
Former officers (15)
- Former: Ed Young (2019–2024) — Director
- Former: Sue Ullsvik (2019–2024) — Director
- Former: Barb McCarthy (2022–2024) — Director
- Former: Linda Johnson (2019–2023) — CFO
- Former: Karl Wellensiek (2020–2023) — Director
- Former: Calvin Williams (2023) — Interim CEO
- Former: Dave Mossner (2023) — Executive Director
- Former: Kevin Hayden (2023) — Interim CEO
- Former: Marjorie Murray (2023) — Chief Operating Officer
- Former: Keith Vanlanduyt (2019–2022) — Executive Director
- Former: Reginald Hislop III (2019–2022) — President & CEO
- Former: Eric Halverson (2019–2021) — Past Chair
- Former: Mary Gulbrandsen (2019–2021) — Director
- Former: Phil Hardacre (2019–2021) — Director
- Former: Carolyn White (2019) — Secretary
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Oakwood Foundation Inc
How much does Oakwood Foundation Inc give each year?
Oakwood Foundation Inc gave $2.1M across 7 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.1M across 10 grants.
What is Oakwood Foundation Inc's typical grant size?
Oakwood Foundation Inc's median grant in 2025 was $95,321, and its average grant was $298,535, across 7 grants on its 2025 IRS Form 990.
Where does Oakwood Foundation Inc give grants?
Oakwood Foundation Inc gives mostly in Wisconsin: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Madison, WI (7 grants).
Does Oakwood Foundation Inc give general operating support?
Yes: 100% of Oakwood Foundation Inc's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990.
Who are Oakwood Foundation Inc's largest grantees?
Oakwood Foundation Inc's largest 2025 grantees include Oakwood Village University Woods Homes Inc ($687,418), Oakwood Village Praire Ridge Homes Inc ($636,206) and Oakwood Village University Woods Apartments Inc ($611,598), according to its 2025 IRS Form 990. Together they received 93% of its itemized 2025 grant dollars.
How large is Oakwood Foundation Inc?
Oakwood Foundation Inc reported $20.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.1M.
What does Oakwood Foundation Inc fund?
The foundation’s stated mission is to develop, steward, and distribute resources to promote the highest level of independence for a diverse community of older adults. See mission & focus areas ↑
How do I apply for a grant from Oakwood Foundation Inc?
Oakwood Foundation Inc has no public application process in the sources Grantable reviewed. Check oakwoodvillage.net for current guidelines, or contact the foundation directly before submitting a request.
What is Oakwood Foundation Inc's EIN?
Oakwood Foundation Inc's EIN (Employer Identification Number) is 39-1398037. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS September 18, 2026)
- Updated Form 990 for fiscal year 2019 (received by the IRS August 31, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS September 8, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 4, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 16, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 3, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 6, 2025)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Oakwood Foundation Inc funds
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