The Oken Family Foundation Inc
The Oken Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WELLINGTON, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $88K in total assets. In 2024, it awarded 14 grants totaling $548K. Net investment income was $209K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$88K
-78.4% YoY
Annual Giving
$548K
+73.0% YoY
Grant Count
14
+7.7% YoY
Avg Grant Size
$39K
+60.6% YoY
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.
About The Oken Family Foundation Inc
Based on IRS filings
The Oken Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WELLINGTON, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $88K in total assets. In 2024, it awarded 14 grants totaling $548K. Net investment income was $209K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $87,738 | $405,957 | $586,706 |
| Revenue | $232,317 | $157,755 | $539,937 |
| Expenses | $550,536 | $338,504 | $162,656 |
| Qualifying Distributions | $547,500 | $316,500 | $160,000 |
| Net Investment Income | $209,387 | $138,560 | $437,381 |
| Distributable Amount | $8,688 | $24,468 | $2,651 |
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
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sullenberger Aviation Museum ($125,000), Foundation for the Carolinas ($125,000), Loyola Blakefield ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Sullenberger Aviation Museum Charlotte, NC | Capital Campaign | $125,000 |
| Wing Haven Foundation Charlotte, NC | Legacy Campaign | $10,000 |
| Sullenberger Aviation Musuem Charlotte, NC | Capital Campaign | $40,000 |
| Mint Museum Charlotte, NC | Gala Donation | $17,500 |
| Loyola Blakefield Towson, MD | RL Scholars Program | $40,000 |
| Folds of Honor Owasso, OK | Gala Event | $10,000 |
| Loyola Blakefield Towson, MD | Oken Scholarship | $50,000 |
| Loyola Blakefield Towson, MD | 64 Scholarship | $25,000 |
| LOYOLA BLAKEFIELD TOWSON, MD | Greater Glory | $5,000 |
| Foundation for the Carolinas Charlotte, NC | Carolina Theatre Project | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARC D OKEN | PRESIDENT | — | — |
| CELENE D OKEN | SECRETARY/TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Oken Family Foundation Inc?
The Oken Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WELLINGTON, FL. It holds $88K in total assets as of 2024.
How large is The Oken Family Foundation Inc?
As of 2024, The Oken Family Foundation Inc holds $88K in total assets with $232K in annual revenue. It awarded 14 grants totaling $548K in 2024.
Where does The Oken Family Foundation Inc operate?
The Oken Family Foundation Inc has awarded grants in Florida, Louisiana, Maryland, North Carolina, New Jersey, Oklahoma.
What size grants does The Oken Family Foundation Inc award?
In 2024, The Oken Family Foundation Inc awarded 14 grants totaling $548K — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is The Oken Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Oken Family Foundation Inc reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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