//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Oak Foundation Inc. is a private corporation based in STONY BROOK, NY. The foundation received its IRS ruling in 2020. The principal officer is Elaine Chang. It holds total assets of N/A. Annual income is reported at $29K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in New Jersey, California and New York. According to available records, Oak Foundation Inc. has made 16 grants totaling $18K, with a median grant of $1K. Annual giving has decreased from $9K in 2021 to $5K in 2023. Individual grants have ranged from $200 to $2K, with an average award of $1K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in New Jersey and California and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$1K
Largest Grant
$2K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Oak Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NJ, CA, NY.
Oak Foundation Inc. has distributed a total of $18K across 16 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $200 to $2K.
Oak Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Oak Foundation Inc. is headquartered in STONY BROOK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elaine Chang | Chairman | $0 | $0 | N/A |
| Imin Kao | Director | $0 | $0 | N/A |
| Weetin Kao | Director | $0 | $0 | N/A |
| Jonathan Kao | Director | $0 | $0 | N/A |
Total Giving
$9K
Total Assets
$48K
Fair Market Value
$63K
Net Worth
$48K
Grants Paid
$2K
Contributions
$14K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$18K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
9
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Go Live Serve International Incgeneral fund | Mountain View, CA | $2K | 2023 |
| Christian Renewal Ministriesgeneral fund | Milltown, NJ | $1K | 2023 |
| Princeton Christian Fellowshipgeneral fund | Princeton, NJ | $1K | 2023 |
| Chinese Christian Herald Crusadesgeneral fund | Flushing, NY | $500 | 2023 |
| Cornerstone Church Of West Los Angelesgeneral fund | Los Angeles, CA | $2K | 2022 |
| L I Elim Chinese Churchgeneral fund | Stony Brook, NY | $1K | 2021 |
| Go Live Servegeneral fund | Mountain View, CA | $1K | 2021 |
| The Spring Incgeneral fund | San Francisco, CA | $500 | 2021 |
| Cchcgeneral fund | Flishing, NY | $200 | 2021 |