THE MISSION OF OAKWOOD FOUNDATION IS THE DEVELOPMENT, STEWARDSHIP AND DISTRIBUTION OF RESOURCES TO PROMOTE THE HIGHEST LEVEL OF INDEPENDENCE FOR A DIVERSE COMMUNITY OF OLDER ADULTS.
Key facts about Oakwood Foundation Inc
- EIN
- 39-1398037
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,140,120
- Grants made (2024)
- 10
- Average grant
- $214,012
- Median grant
- $27,000
- New grantees (estimate)
- 30% first-time grantees (3 of 10, 2024)
- Total assets
- $18,264,383
- Primary geography
- Wisconsin (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Oakwood Foundation Inc funds
By grant dollars, the top recipient states for Oakwood Foundation Inc's 10 itemized 2024 grants were Wisconsin (100%). The most frequent recipient cities were Madison, WI (9 grants). 100% of grants with a stated purpose were for general or operating support.
Is Oakwood Foundation Inc open to new grantees?
30%
first-time grantees, 2024
In 2024, 3 of 10 grantees (30%) were first-time recipients. First grants averaged $5K; repeat grants $303K. How we count
Medians: $5K first-time, $231K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Oakwood Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.3M
+8.9% YoY
Annual Giving
$2.1M
-53.9% YoY
Grant Count
10
+42.9% YoY
Avg Grant Size
$214K
-67.7% YoY
About Oakwood Foundation Inc
Based on IRS filings
Oakwood Foundation Inc is a nonprofit organization focused on Health, based in Madison, WI. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $18.3M in total assets. In 2024, it awarded 10 grants totaling $2.1M. Net investment income was $1.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,264,383 | $16,778,416 | $21,507,552 |
| Revenue | $2,997,862 | $3,296,677 | $1,672,682 |
| Expenses | $2,539,655 | $4,982,031 | $6,327,106 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,409,058 | $1,496,705 | $460,885 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Oakwood Village Praire Ridge Homes Inc ($648,025), Oakwood Village University Woods Homes Inc ($606,159), Oakwood Village University Woods Apartments Inc ($570,245).
| Recipient | Purpose | Amount |
|---|---|---|
| OAKWOOD VILLAGE PRAIRE RIDGE HOMES INC Madison, WI | GENERAL OPERATIONS | $648,025 |
| OAKWOOD VILLAGE UNIVERSITY WOODS HOMES INC Madison, WI | GENERAL OPERATIONS | $606,159 |
| OAKWOOD VILLAGE UNIVERSITY WOODS APARTMENTS INC Madison, WI | GENERAL OPERATIONS | $570,245 |
| OAKWOOD VILLAGE PRAIRIE RIDGE APARTMENTS INC Madison, WI | GENERAL OPERATIONS | $230,599 |
| CATHOLIC CHARITIES INC DIOCESE OF MADISON Madison, WI | GENERAL OPERATIONS | $30,000 |
| AGEBETTER INC Madison, WI | GENERAL OPERATIONS | $24,000 |
| OAKWOOD CHAMBER PLAYERS INC Madison, WI | GENERAL OPERATIONS | $15,000 |
| BRIARPATCH YOUTH SERVICES INC Fitchburg, WI | GENERAL OPERATIONS | $5,729 |
| MADISON-AREA URBAN MINISTRY DBA JUST DANE Madison, WI | GENERAL OPERATIONS | $5,353 |
| OPERATION IRAQ AND AFGHANISTAN Madison, WI | GENERAL OPERATIONS | $5,010 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sarah Kruger | Chair | 2 | — |
| Donna Ulteig | Vice Chair | 2 | — |
| Rod Nordby | Treasurer | 2 | — |
| Lori Werbeckes | Secretary | 2 | — |
| Sue Ullsvik | Director | 2 | — |
| Ed Young | Director | 2 | — |
| Barb McCarthy | Director | 2 | — |
| Donna Beestman | Director | 2 | — |
| Charlie Bunge | Director | 2 | — |
| Janice Hamilton-Crawford | CEO | 2 | — |
| Christine O'Donnell | CFO | 2 | — |
| David Mossner | Executive Director | 40 | — |
| Susan Rafferty | Chief Human Resources Officer | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Oakwood Foundation Inc?
Oakwood Foundation Inc is a nonprofit organization focused on Health, based in Madison, WI. It holds $18.3M in total assets as of 2024.
How large is Oakwood Foundation Inc?
As of 2024, Oakwood Foundation Inc holds $18.3M in total assets with $3.0M in annual revenue. It awarded 10 grants totaling $2.1M in 2024.
Where does Oakwood Foundation Inc operate?
Oakwood Foundation Inc has awarded grants in Wisconsin.
What size grants does Oakwood Foundation Inc award?
In 2024, Oakwood Foundation Inc awarded 10 grants totaling $2.1M — an average of about $214K per grant, based on its IRS Form 990 filings.
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 2019–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.