The Oaks Foundation Inc

Foundation · Grantmaker Sebring, OH EIN: 34-1724387

Funds distributed to non-profit organizations to provide housing, health care & medical services for a retirement community.

Key facts about The Oaks Foundation Inc

In short: The Oaks Foundation Inc gave $880K across 2 grants in 2025 (avg $440K), mostly in Ohio. Source: 2025 IRS Form 990.

EIN
34-1724387
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$879,850
Grants made (2025)
2
Average grant
$439,925
Median grant
$439,925
Total assets
$7,631,410
Primary geography
Ohio (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$7.6M

+7.2% YoY

Annual Giving

$880K

+13.6% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$440K

+13.6% YoY

How The Oaks Foundation Inc gives

  • Giving grew 71% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About The Oaks Foundation Inc

Based on IRS filings

The Oaks Foundation Inc is a nonprofit organization, based in Sebring, OH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $7.6M in total assets. In 2025, it awarded 2 grants totaling $880K. Net investment income was $454K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 2 itemized 2025 grant dollars.

States

Cities

Sebring

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M2 grants20192 grants20202 grants20212 grants20222 grants20232 grants20242 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Crandall Medical Center: $457KCrandall Medical Center$457KCopeland Oaks: $423KCopeland Oaks$423K

Grant Size Distribution

10 grants across all recorded years

1<$50K$50–100K3$100–250K3$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CRANDALL MEDICAL CENTER Sebring, OHTO SUPPORT OPERATIONS OF PROVIDING LIVING AND SKILLED NURSING SERVICES TO ITS RESIDENTS.$456,789
COPELAND OAKS Sebring, OHTO SUPPORT OPERATIONS OF PROVIDING LIVING AND SKILLED NURSING SERVICES TO ITS RESIDENTS.$423,061

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2019202020212022202320242025
Metric202520242023
Total Assets$7,631,410$7,118,897$6,425,751
Revenue$904,607$941,017$674,126
Expenses$934,823$867,019$1,093,003
Qualifying Distributions———
Net Investment Income$453,600$206,856$180,773
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS May 4, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)

Leadership & Key People

Officers and directors from IRS filings

The Oaks Foundation Inc is led by David Dave Mannion, President since 2023 (on filings since 2019); none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David Dave Mannion

    President

    CEO, CFO & Controller → President, 2023

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Greg New

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Ashley Sheffield

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Andrew Estock

    Vice President

    Director → Vice President, 2023

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Lynne Biery

    Treasurer

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Russel Kiko

    Secretary

    On filings since 2023

    0.5 hrs/week

    No compensation reported

Former officers (6)
  • Former: Lisa Gentile (2019–2024) — Chief Development Officer
  • Former: Randy Roose (2020–2023) — Administrator
  • Former: Bill Williams (2019–2022) — Secretary & Director
  • Former: Tom Gant (2019–2022) — Vice President & Director
  • Former: Paul Bailey (2019–2020) — Director
  • Former: Bruce Slagle (2019) — Treasurer & Director

Data from IRS Form 990 filings, 2019–2025. "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 Oaks Foundation Inc

How much does The Oaks Foundation Inc give each year?

The Oaks Foundation Inc gave $880K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $775K across 2 grants.

How large is The Oaks Foundation Inc?

The Oaks Foundation Inc reported $7.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $905K.

Where does The Oaks Foundation Inc operate?

The Oaks Foundation Inc has awarded grants in Ohio.

What is The Oaks Foundation Inc's EIN?

The Oaks Foundation Inc's EIN (Employer Identification Number) is 34-1724387. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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