The Oak Hill Fund
The Oak Hill Fund is a private family foundation based in Charlottesville, Virginia, established in 2002 as a successor to the W. Alton Jones Foundation (founded in 1944). The foundation operates with a mission to promote the well-being of people and the planet through effective and inspiring grantmaking. Named after the family farm in Charlottesville, the organization manages substantial assets and distributes grants across six focused programs organized under two pillars: Healthy People and Healthy Planet.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$83.6M
+2.5% YoY
Annual Giving
$2.2M
-46.2% YoY
Grant Count
73
-38.1% YoY
Avg Grant Size
$30K
-13.1% YoY
Mission & Focus Areas
The foundation's mission is to promote the well-being of people and the planet through effective and inspiring grantmaking.
The Oak Hill Fund currently operates six programs:
Healthy People:
- Food Security (by invitation only)
- Reproductive Health, Rights, & Justice
Healthy Planet:
- Chesapeake Bay & Water Quality
- Climate Change & Renewable Energy
- Conservation of the Mesoamerican Reef (by invitation only)
- Diminished Tree Species
The foundation's grantmaking reflects the values of its founders: sustainable architecture and affordable housing expertise, and commitment to women's reproductive rights and justice. The organization emphasizes intergenerational involvement, with programs evolving as issues, interests, and generations shift while respecting the legacy of previous generations.
Grantmaking
Four of the six programs are open to submissions on a scheduled basis:
Grant Range
$10,000
Average Grant
$31,000-$95,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation funds initiatives across the United States with particular emphasis on:
- Southeastern United States, with emphasis on Virginia
- Chesapeake Bay watershed (Pennsylvania and Virginia only for water quality projects)
- Mesoamerican Reef region
- Charlottesville area for reproductive health programs
- Major urban centers including New York, San Francisco, and Washington, D.C.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- $81.5 million (as of 2023)
- $83.6 million (as of 2024)
Annual Giving:
- $2.2 million to $4.3 million annually (varies by year)
- 2023: $4,276,200 in total giving
- 2024: $2,220,789 in annual grants
Revenue:
- 2023: $3,944,257 in total revenues
- 2023: $9,622,432 in income
Expenses:
- 2023: $6,043,044 in total expenses
Giving Rate: Approximately 2.7% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $83,598,521 | $81,520,569 | $79,012,609 |
| Revenue | $18,200,917 | $3,944,257 | $3,930,239 |
| Expenses | $4,698,981 | $6,043,044 | $6,468,543 |
| Qualifying Distributions | $3,529,394 | $5,479,336 | $5,784,772 |
| Net Investment Income | $17,519,589 | $3,342,875 | $3,312,546 |
| Distributable Amount | $3,809,959 | $3,864,884 | $4,211,477 |
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
250 grants across all recorded years
Open Grants
1 open opportunity from The Oak Hill Fund
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board & Staff:
- Todd A. Edgerton – President/Treasurer
- Leigh W. Edgerton – Secretary
- Jason E. Halbert – Executive Director
- Anne K. O'Brien – Program & Grants Manager
- Julia P. Schaff – Financial Manager
The organization employs 5 staff members.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TODD A EDGERTON | PRESIDENT/TREASURER | 40 | $232,802 |
| LEIGH W EDGERTON | SECRETARY | 20 | $78,488 |
Recent Grant Examples
Recent developments and announcements
Recent grantees have included:
Book Trust – $200,000 for literacy advancement programs for Pre-K through 3rd grade students in Title I elementary schools in Denver and the Faison Center
The American Chestnut Foundation – Support for blight resistance research in American chestnut trees through multiple breeding strategies
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Oak Hill Fund on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
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