The Marilyn and Sonny Oates Foundation
January 5, 2024 Next Deadline - News - Okefenoke REMC
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$11.3M
+2425.7% YoY
Grant Count
14
+100.0% YoY
Avg Grant Size
$808K
+1162.8% YoY
Grantmaking
The foundation does not accept unsolicited applications.
Grant Range
$1,000 to $350,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, with some giving in Tennessee and Pennsylvania.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2024: $10.7 million
- 2023: $10.8 million
- 2021: $9.7 million
- 2020: $4.0 million
Annual Giving:
- 2024: $448,000
- 2023: $275,000
- 2021: $9.7 million
- 2020: $400,000
Giving Rate: Approximately 4.2% of assets (2024)
Annual Expenses: $577,000 (2023)
Total Liabilities: $3,700 (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $10,654,909 | $10,782,931 |
| Revenue | $817,994 | $444,851 | $900,515 |
| Expenses | $11,469,203 | $576,573 | $380,781 |
| Qualifying Distributions | $11,314,982 | $448,000 | $275,000 |
| Net Investment Income | $666,706 | $340,606 | $799,734 |
| Distributable Amount | $1,036,220 | $991,368 | $971,049 |
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
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
William "Sonny" Oates serves as president and treasurer of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| B MARILYN OATES | PRESIDENT & TREASURER | 2 | — |
| JOHN D WOOLF | DIRECTOR | — | — |
| SANDRA FLEETWOOD | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Marilyn and Sonny Oates Foundation on Grantable?
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