Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Oakley First National Foundation is a private corporation based in COOKEVILLE, TN. The foundation received its IRS ruling in 2004. The principal officer is J Annette Oakley. It holds total assets of $74K. Annual income is reported at N/A. Total assets have decreased from $172K in 2011 to $99K in 2023. The foundation is governed by 2 officers and trustees. To provide underpriviledged children with scholarships to allow them to attend college. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Oakley First National Foundation has made 6 grants totaling $149K, with a median grant of $22K. Annual giving has grown from $57K in 2020 to $88K in 2022. Individual grants have ranged from $4K to $57K, with an average award of $25K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
To provide underpriviledged children with scholarships to allow them to attend college.
To provide underpriviledged children with scholarships to allow them to attend college. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in TN.
Oakley First National Foundation has distributed a total of $149K across 6 grants. The median grant size is $22K, with an average of $25K. Individual grants have ranged from $4K to $57K.
Oakley First National Foundation typically selects its grantees rather than accepting unsolicited proposals.
Oakley First National Foundation is headquartered in COOKEVILLE, TN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joyce Annett Oakley | SECRETARY DIRECTOR | $0 | $0 | N/A |
| Tammie Sells | OFFICER DIRECTOR | $0 | $0 | N/A |
Total Giving
$280K
Total Assets
$99K
Fair Market Value
$99K
Net Worth
$99K
Grants Paid
$279K
Contributions
$100K
Net Investment Income
$43K
Distribution Amount
$4K
Total: N/A
Total Grants
6
Total Giving
$149K
Average Grant
$25K
Median Grant
$22K
Unique Recipients
2
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cumberland UniversityEDUCATION | Lebanon, TN | $40K | 2022 |
| Tennessee Tech UniversityEDUCATION | Cookeville, TN | $4K | 2022 |