Oatey Foundation

CLEVELAND, OH EIN: 86-6314738 Website

The Oatey Foundation is a private, independent foundation based in Cleveland, Ohio. Established in 2001 and designated as tax-exempt since September 2002, it operates as a company-sponsored foundation with a focus on philanthropic grantmaking to nonprofit organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.6M

-2.0% YoY

Annual Giving

$689K

+15.2% YoY

Grant Count

+18.5% YoY

Avg Grant Size

$22K

-2.8% YoY

Under IRS private-foundation payout rules, Oatey Foundation reported a distributable amount of $391K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports libraries and organizations involved with:

Performing arts
Health
Youth services
Services for the disabled
Education
Philanthropy, voluntarism, and grantmaking
Human services

Grantmaking

Ready to take the next step with Oatey Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

Ohio
Tennessee
Illinois

Grant Distribution by State

Ohio $2.9M (88%)

Tennessee $145K (4%)

Florida $75K (2%)

Wyoming $60K (2%)

Illinois $41K (1%)

Pennsylvania $25K (1%)

South Carolina $25K (1%)

Michigan $10K (0%)

+2 more states

States

Florida Illinois Michigan North Carolina New York Ohio Pennsylvania South Carolina Tennessee Wyoming

Cities

Bay VillageBeachwoodBeechwoodChagrin FallsChapel HillChicagoClevelandCleveland HeightsEast MolineFairview ParkGrand RapidsHighland HillsIndependenceJacksonLakewoodMacedoniaMansfieldMayfield VlgNew YorkNorth Charieston

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total assets: $6,564,436
Total revenues: $734,891
Total expenses: $740,857
Total liabilities: $0
Number of employees: 0

Revenue Breakdown (2024):

Grants and contributions: $388,216
Investment income and dividends: $175,960
Net gain from sale of non-inventory assets: $170,715

As of December 2023:

Total assets: $6,698,340
Total giving: $598,250

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,564,436	$6,698,340	$6,025,087
Revenue	$734,891	$1,926,148	$69,668
Expenses	$740,857	$641,848	$599,858
Qualifying Distributions	$689,400	$598,325	$532,535
Net Investment Income	$293,947	$770,268	$97,138
Distributable Amount	$390,920	$314,219	$323,811

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

170 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Community West Foundation ($100,000), Cleveland Foundation Say Yes Cleveland Scholar ($100,000), Rock & Roll Hall of Fame & Museum ($62,500).

Recipient	Purpose	Amount
ACHIEVEMENT CENTERS FOR CHILDREN HIGHLAND HILLS, OH	GENERAL SUPPORT	$10,000
ALZHEIMER'S ASSOCIATION CHICAGO, IL	GENERAL SUPPORT	$10,000
AMERICA SCORES CLEVELAND CLEVELAND, OH	GENERAL SUPPORT	$5,750
AMERICAN RED CROSS OF GREATER CLEVELAND CLEVELAND, OH	GENERAL SUPPORT	$5,000
BUSINESS ADVISORS OF CLEVELAND CLEVELAND, OH	GENERAL SUPPORT	$2,500
CLEVELAND CLINIC PHILANTHROPY INSTITUTE CLEVELAND, OH	GENERAL SUPPORT	$10,000
CLEVELAND COUNCIL ON WORLD AFFAIRS CLEVELAND, OH	GENERAL SUPPORT	$3,000
CLEVELAND MUSEUM OF ART CLEVELAND, OH	GENERAL SUPPORT	$10,000
CLEVELAND ORCHESTRA CLEVELAND, OH	GENERAL SUPPORT	$50,000
CLEVELAND PUBLIC THEATRE CLEVELAND, OH	GENERAL SUPPORT	$3,500

Leadership & Key People

Leadership team and compensation from IRS filings

Bill Oatey has been involved with the Community West Foundation Board of Directors since 2006, including a 4-year term as Chair. He currently serves as Chair of the Grants Committee overseeing the grantmaking process. Bill and Jill Oatey received the 2019 Art of Caring Award.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM OATEY	TRUSTEE & PRESIDENT & TREA	0.1	—
NANCY MCMILLAN	TRUSTEE & SECRETARY	0.1	—
GARY OATEY	TRUSTEE & VICE PRESIDENT	0.1	—

Contact Information

Address: 20600 Emerald Pkwy, Cleveland, OH 44135-6022

Telephone: 216-267-7100

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Oatey Foundation fund?

The foundation supports libraries and organizations involved with: • Performing arts • Health • Youth services • Services for the disabled • Education • Philanthropy, voluntarism, and grantmaking • Human services

How do I apply for a grant from Oatey Foundation?

**Grant Activity:** • Made 27 grants in 2024 • Total giving in 2024: approximately $740,857 in expenses • Total giving in 2023: $598,250 • Typical award range: $1,000–$115,000 **Recent Grant Recipients (2024):** • Community West Foundation: $100,000 (General Support) • Rock and Roll Hall of Fame: $62,500 (General Support) • The Cleveland Orchestra: $50,000 (General Support)

Where does Oatey Foundation make grants?

The foundation primarily funds organizations in: • Ohio • Tennessee • Illinois

What size grants does Oatey Foundation award?

In 2024, Oatey Foundation awarded 32 grants totaling $689K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is Oatey Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Oatey Foundation reported a distributable amount of $391K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.