The Oakmont Foundation Inc
The Oakmont Foundation Inc is a private foundation, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grant totaling $70K. Net investment income was $117K.
Key facts about The Oakmont Foundation Inc
In short: The Oakmont Foundation Inc gave $70K across 1 grant in 2024 (avg $70K), mostly in Georgia. Source: 2024 IRS Form 990-PF.
- EIN
- 58-2666821
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $70,000
- Grants made (2024)
- 1
- Average grant
- $70,000
- Median grant
- $70,000
- Total assets
- $1,336,472
- Primary geography
- Georgia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+5.6% YoY
Annual Giving
$70K
+7.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$70K
+7.4% YoY
Under IRS private-foundation payout rules, The Oakmont Foundation Inc reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.
How The Oakmont Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (+17%). Method
- In 2024 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $60K (2021) to $70K (2024). In 2024 it made 1 grant totaling $70K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was National Christian Foundation ($70K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Christian Foundation Alpharetta, GA | General Purposes | $70,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,336,472 | $1,265,083 | $1,310,588 |
| Revenue | $135,341 | $35,814 | $91,499 |
| Expenses | $87,544 | $80,961 | $77,402 |
| Qualifying Distributions | $70,000 | $65,155 | $61,000 |
| Net Investment Income | $117,463 | $19,881 | $74,951 |
| Distributable Amount | $72,222 | $64,686 | $66,130 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Oakmont Foundation Inc is led by John C. Hamilton, Director & President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
John C. Hamilton
Director & President
On filings since 2020
1 hr/week
No compensation reported
Susan T. Hamilton
Director, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 The Oakmont Foundation Inc
How much does The Oakmont Foundation Inc give each year?
The Oakmont Foundation Inc gave $70K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $65K across 1 grant.
How large is The Oakmont Foundation Inc?
The Oakmont Foundation Inc reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $70K in qualifying distributions that year, against a required minimum of $72K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Oakmont Foundation Inc operate?
The Oakmont Foundation Inc has awarded grants in Georgia.
What is The Oakmont Foundation Inc's EIN?
The Oakmont Foundation Inc's EIN (Employer Identification Number) is 58-2666821. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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