The Oken Family Foundation Inc
The Oken Family Foundation Inc is a private foundation based in Wellington, Florida. In its 2024 filing, it reported giving $547,500 through 14 grants to charitable organizations, including organizations in North Carolina, Maryland, and Oklahoma.
The Oken Family Foundation Inc at a glance
In short: The Oken Family Foundation Inc gave $548K across 14 grants in 2024 (avg $39K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $547,500
- +73.0% vs 2023
- Grants made (2024)
- 14
- +7.7% vs 2023
- Average grant
- $39,107
- +60.6% vs 2023
- Median grant
- $22,500
- Total assets
- $87,738
- -78.4% vs 2023
- Primary geography
- North Carolina (71% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to The Oken Family Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 12428 Cypress Island Way, Wellington, FL 33414
Phone: (704) 907-6300
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Oken Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Foundation for the Carolinas ($145K across 2 grants). Together the top 9 received $548K.
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 31 grants of 40 (78%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grant dollars went to recipients in North Carolina (71%), Maryland (27%), and Oklahoma (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 14 itemized grants.
Cities
How The Oken Family Foundation Inc gives
- Giving fell 31% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $160K (2022) to $795K (2021). In 2024 it made 14 grants totaling $548K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sullenberger Aviation Museum Charlotte, NC | Capital Campaign | $125,000 |
| Foundation for the Carolinas Charlotte, NC | McColl Park Fund | $125,000 |
| Loyola Blakefield Towson, MD | Oken Scholarship | $50,000 |
| Nourish Up Charlotte, NC | Hunger Hub Campaign | $50,000 |
| Sullenberger Aviation Musuem Charlotte, NC | Capital Campaign | $40,000 |
| Loyola Blakefield Towson, MD | RL Scholars Program | $40,000 |
| Loyola Blakefield Towson, MD | 64 Scholarship | $25,000 |
| Foundation for the Carolinas Charlotte, NC | Carolina Theatre Project | $20,000 |
| Loyola University Towson, MD | Evergreen Fund | $20,000 |
| Mint Museum Charlotte, NC | Gala Donation | $17,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $87,738 | $232,317 | $550,536 | $547,500 | 14 | $547,500 | $209,387 | $8,688 |
| 2023 | $405,957 | $157,755 | $338,504 | $316,500 | 13 | $316,500 | $138,560 | $24,468 |
| 2022 | $586,706 | $539,937 | $162,656 | $160,000 | 8 | $160,000 | $437,381 | $2,651 |
| 2021 | $209,425 | $1,011,283 | $801,858 | $795,000 | 5 | $795,000 | $8,405 | $4,957 |
Under IRS private-foundation payout rules, The Oken Family Foundation Inc reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for aviation museum and community initiatives, hunger relief, scholarships, arts and culture, and horticulture-related work.
The Sullenberger Aviation Museum describes its mission as inspiring aerospace and STEM innovators, educating people about aviation and aerospace, and elevating diversity in STEM and aerospace. The Foundation for the Carolinas says it works to inspire philanthropy and strengthen its region through community initiatives and services to donors and constituents. Nourish Up describes its work as reducing hunger and malnutrition in Mecklenburg County through grocery distribution and meals. Wing Haven Foundation says it cultivates sanctuary in nature, environmental stewardship, and the legacy of Southern horticulture.
Grantmaking
In filing year 2024, the foundation reported 14 grants totaling $547,500. Grant amounts ranged from $5,000 to $125,000, with a median of $22,500.
Among its 2024 grants were $125,000 to the Sullenberger Aviation Museum for its Capital Campaign and $125,000 to the Foundation for the Carolinas for the McColl Park Fund. Other grants included $50,000 to Loyola Blakefield for the Oken Scholarship, $50,000 to Nourish Up for the Hunger Hub Campaign, and $40,000 to the Sullenberger Aviation Museum for its Capital Campaign. The filing also lists grants to Loyola Blakefield, Loyola University, the Mint Museum, Wing Haven Foundation, and Folds of Honor.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Marc D Oken as president and Celene D Oken as secretary/treasurer.
The Oken Family Foundation Inc is led by Marc D. Oken, President on every filing since 2021; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Marc D. Oken
President
On filings since 2021
No compensation reported
Celene D. Oken
Secretary & Treasurer
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 Oken Family Foundation Inc
How much does The Oken Family Foundation Inc give each year?
The Oken Family Foundation Inc gave $548K across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $317K across 13 grants.
What is The Oken Family Foundation Inc's typical grant size?
The Oken Family Foundation Inc's median grant in 2024 was $22,500, and its average grant was $39,107, across 14 grants on its 2024 IRS Form 990-PF.
Where does The Oken Family Foundation Inc give grants?
The Oken Family Foundation Inc gives mostly in North Carolina: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Maryland (27%). The most frequent recipient cities were Charlotte, NC (7 grants) and Towson, MD (6 grants).
Does The Oken Family Foundation Inc give general operating support?
Not in 2024: none of the 14 grants with a stated purpose on The Oken Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are The Oken Family Foundation Inc's largest grantees?
The Oken Family Foundation Inc's largest 2024 grantees include Foundation for the Carolinas ($145,000 across 2 grants), Loyola Blakefield ($130,000 across 5 grants) and Sullenberger Aviation Museum ($125,000), according to its 2024 IRS Form 990-PF. Together they received 73% of its itemized 2024 grant dollars.
How large is The Oken Family Foundation Inc?
The Oken Family Foundation Inc reported $88K in total assets on its 2024 IRS Form 990-PF. It paid out $548K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets).
What does The Oken Family Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included support for aviation museum and community initiatives, hunger relief, scholarships, arts and culture, and horticulture-related work. See mission & focus areas ↑
How do I apply for a grant from The Oken Family Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Oken Family Foundation Inc's EIN?
The Oken Family Foundation Inc's EIN (Employer Identification Number) is 87-0996370. IRS Form 990 filing data is available on this page for 2021–2024.
Does The Oken Family Foundation Inc 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 October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). The Oken Family Foundation Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/the-oken-family-foundation-inc-morg_90772aa672274ba78a52a308fd809dbe
BibTeX
@misc{grantable_870996370_2026,
author = {{Grantable}},
title = {{The Oken Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-oken-family-foundation-inc-morg_90772aa672274ba78a52a308fd809dbe},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Oken Family Foundation Inc'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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