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Oakhill Foundation is a private trust based in LINCOLN, MA. The foundation received its IRS ruling in 2004. The principal officer is John R & Claire R Bertucci Ttees. It holds total assets of $13.7M. Annual income is reported at $2.2M. Total assets have grown from $31K in 2011 to $14.5M in 2023. The foundation is governed by 3 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 2020 to 2023. The foundation primarily funds organizations in Ohio and Massachusetts. According to available records, Oakhill Foundation has made 5 grants totaling $2.5M, with a median grant of $450K. Annual giving has decreased from $1.9M in 2021 to $550K in 2023. Individual grants have ranged from $100K to $1M, with an average award of $496K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Ohio and Massachusetts and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$401K
Median Grant
$1M
Average Grant
$800K
Largest Grant
$1M
Based on 3 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.
Oakhill Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in OH, MA, IL.
Oakhill Foundation has distributed a total of $2.5M across 5 grants. The median grant size is $450K, with an average of $496K. Individual grants have ranged from $100K to $1M.
Oakhill Foundation typically selects its grantees rather than accepting unsolicited proposals.
Oakhill Foundation is headquartered in LINCOLN, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John R Bertucci | TRUSTEE | $0 | $0 | N/A |
| Claire R Bertucci | TRUSTEE | $0 | $0 | N/A |
| David C Megan | TRUSTEE | $0 | $0 | N/A |
Total Giving
$602K
Total Assets
$14.5M
Fair Market Value
$16.4M
Net Worth
$14.5M
Grants Paid
$550K
Contributions
N/A
Net Investment Income
$3M
Distribution Amount
$746K
Total: N/A
Total Grants
5
Total Giving
$2.5M
Average Grant
$496K
Median Grant
$450K
Unique Recipients
4
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Charitable Gift FundCHARITABLE PURPOSES | Cincinnati, OH | $450K | 2023 |
| The Chicago Community FoundationCHARITABLE PURPOSES | Chicago, IL | $100K | 2023 |
| Fidelity Charitable Gift Fund - Bertucci Family FundCHARITABLE PURPOSES | Cincinnati, OH | $1M | 2021 |
| Archdiocese Of BostonCHARITABLE PURPOSES | Braintree, MA | $521K | 2021 |