Oedel Foundation
Oedel Foundation is a private foundation based in North Andover, Massachusetts. Its 2023 filing is marked as a final return: the foundation reported converting its investments to cash and making liquidating charitable distributions, with no assets remaining at year-end. It therefore appears to have wound down and stopped grantmaking.
Oedel Foundation at a glance
In short: Oedel Foundation gave $3.0M across 17 grants in 2023 (avg $177K), mostly in Massachusetts. 29% of 2023 grantees were new. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $3,002,029
- +1567.8% vs 2022
- Grants made (2023)
- 17
- -10.5% vs 2022
- Average grant
- $176,590
- +1764.0% vs 2022
- Median grant
- $5,000
- New grantees (estimate)
- 29% first-time grantees (5 of 17, 2023; small sample)
- Primary geography
- Massachusetts (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Oedel Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The filing states that the foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. The filing is marked final, so this should not be read as a current application process.
- Contact
Mailing address: 575 Osgood St 7505, N Andover, MA 01845
Phone: (978) 682-2523
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Oedel Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2023
The largest 2023 recipient was Northshore Community College ($1.2M). Together the top 10 received $3.0M.
Grant Size Distribution
112 grants across all recorded years
The most common grant size was under $50K: 105 grants of 112 (94%).
Geographic Focus
Where this funder awards grants
All 2023 grant dollars went to recipients in Massachusetts.
Grant Distribution by State
Share of 2023 grant dollars across all 17 itemized grants.
States
Cities
Is Oedel Foundation open to new grantees?
29%
first-time grantees, 2023
In 2023, 5 of 17 grantees (29%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $590K; repeat grants $4K. How we count
Medians: $500K first-time, $3K repeat.
- 71% of 2023 grantees were also funded in 2022. Method
- Giving grew 1753% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $162K (2020) to $3.0M (2023). In 2023 it made 17 grants totaling $3.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northshore Community College Danvers, MA | Educational | $1,200,000 |
| Greater Lawrence Technical School Andover, MA | Educational | $700,000 |
| Phoenix Charter Academy Chelsea, MA | Educational | $500,000 |
| Youth Development Organization Lawrence, MA | Community & Charitable | $300,000 |
| Middlesex Community College Bedford, MA | Educational | $250,000 |
| Bread & Roses Lawrence, MA | Community & Charitable | $14,195 |
| Wbur Boston, MA | Community & Charitable | $7,500 |
| WGBH Boston, MA | Community & Charitable | $7,500 |
| Massachusetts Institute for Technology Cambridge, MA | Educational | $5,000 |
| Tufts University Medford, MA | Educational | $5,000 |
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Financial History
Multi-year comparison from IRS filings
The 2023 filing narrative says the foundation had no remaining assets by year-end.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $61,541 | $3,037,009 | $3,002,029 | 17 | $3,003,054 | $53,655 | $72,333 |
| 2022 | $2,975,468 | $1,402,827 | $197,319 | $180,000 | 19 | $181,035 | $1,386,543 | $148,607 |
| 2021 | $1,770,808 | $52,867 | $209,174 | $194,000 | 20 | $195,065 | $39,606 | $180,381 |
| 2020 | $1,926,267 | $80,930 | $174,560 | $162,000 | 56 | — | $69,355 | $164,309 |
Under IRS private-foundation payout rules, Oedel Foundation reported a distributable amount of $72K for 2023 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2023 grants included educational support and community and charitable grants. Among its grantees, Youth Development Organization described its mission as “education and character development for local youth.” Bread & Roses said it provides meals and related services for people in need, primarily in Lawrence; Neighbors in Need said it provides food and basic necessities to people in need; and Lazarus House described its work as providing shelter, food, clothing, education, and support for homeless and poor people in the Lawrence area.
Grantmaking
In 2023, the foundation gave $3,002,029 through 17 grants. Grant amounts ranged from $1,000 to $1,200,000, with a median of $5,000. The largest grants included $1,200,000 to Northshore Community College, $700,000 to Greater Lawrence Technical School, $500,000 to Phoenix Charter Academy, $300,000 to Youth Development Organization, and $250,000 to Middlesex Community College. The foundation’s filing identifies the first three and Middlesex Community College among contributions made as part of its liquidation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2023 filing lists Herbert W Oedel, Virginia G Oedel, Diana Malcom, and Richard H Oedel as trustees.
Oedel Foundation's 2023 filing lists 4 officers; none of the 4 officers listed in 2023 report compensation.
Officers on the 2023 filing
Diana Malcom
Trustee
On filings since 2020
1 hr/week
No compensation reported
Herbert W. Oedel
Trustee
On filings since 2020
1 hr/week
No compensation reported
Richard H. Oedel
Trustee
On filings since 2020
1 hr/week
No compensation reported
Virginia G. Oedel
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 Oedel Foundation
How much does Oedel Foundation give each year?
Oedel Foundation gave $3.0M across 17 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $180K across 19 grants.
What is Oedel Foundation's typical grant size?
Oedel Foundation's median grant in 2023 was $5,000, and its average grant was $176,590, across 17 grants on its 2023 IRS Form 990-PF. Organizations receiving their first grant from Oedel Foundation that year got $590K on average.
Where does Oedel Foundation give grants?
Oedel Foundation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lawrence, MA (4 grants), Boston, MA (3 grants), Andover, MA (2 grants) and Cambridge, MA (2 grants).
Does Oedel Foundation give general operating support?
Not in 2023: none of the 17 grants with a stated purpose on Oedel Foundation's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community & Charitable" (9 grants) and "Educational" (7 grants).
Who are Oedel Foundation's largest grantees?
Oedel Foundation's largest 2023 grantees include Northshore Community College ($1,200,000), Greater Lawrence Technical School ($700,000) and Phoenix Charter Academy ($500,000), according to its 2023 IRS Form 990-PF. Together they received 80% of its itemized 2023 grant dollars.
What does Oedel Foundation fund?
No mission statement for the foundation is provided. Its 2023 grants included educational support and community and charitable grants. Among its grantees, Youth Development Organization described its mission as “education and character development for local youth.” See mission & focus areas ↑
How do I apply for a grant from Oedel Foundation?
The filing states that the foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is Oedel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Oedel Foundation reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Oedel Foundation's EIN?
Oedel Foundation's EIN (Employer Identification Number) is 04-6655524. IRS Form 990 filing data is available on this page for 2020–2023.
Does Oedel Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Oedel Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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