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Oechsle Family Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2007. The principal officer is Foundation Source. It holds total assets of $59.5M. Annual income is reported at $30.5M. Total assets have grown from $4.4M in 2011 to $57.2M in 2023. The foundation is governed by 6 officers and trustees. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Connecticut, Massachusetts and Illinois. According to available records, Oechsle Family Foundation Inc. has made 151 grants totaling $10.7M, with a median grant of $70K. Annual giving has grown from $2M in 2021 to $2.8M in 2023. Grantmaking activity was highest in 2022 with $5.9M distributed across 78 grants. Individual grants have ranged from $16K to $255K, with an average award of $71K. The foundation has supported 47 unique organizations. The foundation primarily supports organizations in Massachusetts, Connecticut, Illinois, which account for 74% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
The Oechsle Family Foundation is a closely held, all-volunteer family foundation with no paid staff, operating through Foundation Source (501 Silverside Rd, Wilmington, DE) as its administrative home. It was founded in 2007 and is governed by Martina Oechsle-Vasconcelles (President/Treasurer), Linda Oechsle (Secretary/VP), Oliver Vasconcelles, Andrew Vasconcelles, William O. Bunton, and Tyler Bunton — all serving without compensation. This is a personal expression of family values, not an institutional grantmaker.
The single most important strategic fact: the foundation does not accept unsolicited applications. The IRS 990-PF explicitly documents this policy, and no application portal, RFP calendar, or LOI process exists. Cold outreach to Foundation Source will not result in a grant. The realistic path to funding runs through existing relationships, shared philanthropic ecosystems, and organic introduction over a 1-3 year horizon.
Geographic anchors reveal the family's personal geography: Massachusetts (50 grants in dataset), Connecticut (45 grants), and Illinois (17 grants) account for more than 75% of grant activity. The Massachusetts cluster centers on MetroWest and Greater Boston; Connecticut on Greater New Haven and Bridgeport; Illinois on Chicago (Youth Guidance's Becoming a Man program) and Evanston (Northwestern University). New York, Maine, Kansas, California, and Colorado receive modest secondary attention.
The foundation invests in long-term relationships, not one-time grants. Top grantees have received an average of 4-5 grants each over the recorded history. Unrestricted general operating support appears in roughly 40% of recorded grant purposes, signaling genuine trust in grantee leadership rather than program-restricted micromanagement. Programmatic grants cluster around racial equity, hospice and palliative care, economic mobility, early childhood education, workforce development, and immigration services.
A distinct palliative care thread runs through the portfolio — including a named fund ('The Christa Oechsle Fund for Palliative Education') at Newton-Wellesley Hospital — suggesting personal family experience with end-of-life care. Similarly, consistent multi-year Relay for Life giving through both Northwestern University and Charles River-Boston chapters points to cancer-related family history. These emotional anchors are not incidental; they are the foundation's most durable funding commitments.
The foundation's asset base grew dramatically from $5.3M (FY2015) to $59.5M (FY2024), powered by a $18.1M family contribution in FY2020 and $21.3M in net investment income in FY2021. Annual grants followed: $155K (2015) → $260K (2019) → $1.5M (2020) → $2.0M (2021) → $2.9M (2022) → $2.8M (2023) → $2.9M (2024). Giving has stabilized at approximately $2.8-3.0M per year.
Typical grant parameters across 151 recorded grants in the grantee dataset: median $50,000, average $70,715, minimum $16,000 (New Venture Fund, Reverend Ronnie L. Williams Memorial Fund), maximum $200,000 (Christa Oechsle Fund at Mass General Brigham). The foundation's own internal typical-grant-size data confirms floor of $25,000 and ceiling of $200,000, with median $50,000. Most individual awards fall between $25,000 and $100,000.
Concentration is high. The top 10 grantees absorbed $4.28M (40% of total recorded giving): Community Foundation for Greater New Haven ($880K, 5 grants), Foundation for MetroWest ($810K, 7 grants), The Parmenter Foundation ($600K, 6 grants), Cold Spring School ($450K, 7 grants), New Reach Inc. ($440K, 4 grants), Women's Lunch Place ($440K, 4 grants), New Haven Legal Assistance Association ($400K, 4 grants), Northwestern University ($400K, 4 grants), Hope and Comfort ($390K, 4 grants), and Youth Guidance ($375K, 3 grants).
By program area (estimated from grant purposes): social and economic justice and basic needs ~30%, education and early childhood ~20%, hospice/palliative care/health ~18%, workforce development ~10%, immigration and refugee services ~8%, cancer and medical ~7%, environmental and climate ~4%, reproductive rights ~3%. By geography: Massachusetts 33%, Connecticut 30%, Illinois 11%, New York 7%, Maine 3%, Colorado 3%, Kansas 3%, California 4%, DC 2%, Minnesota 2%.
Emergency response grants have been made opportunistically — $100K for Ukraine crisis relief (GlobalGiving), $50,000 for Afghan evacuees (International Institute of New England), $34,000 for Vermont flood recovery — suggesting some capacity for rapid-response giving when crises intersect with existing relationships.
The five peer foundations identified by asset similarity (all in the $59.4-59.6M range) provide useful comparative context for positioning.
| Foundation | Assets | Est. Annual Giving | Primary Focus | Geography | Application |
|---|---|---|---|---|---|
| Oechsle Family Foundation (DE) | $59.5M | ~$2.9M | Social justice, hospice, education | MA, CT, IL | Preselected only |
| Alphawood Foundation (IL) | $59.6M | ~$4-6M est. | Arts, LGBTQ rights, criminal justice | Chicago metro | Invitation only |
| The John C. Mithun Foundation (CA) | $59.5M | Not disclosed | Philanthropy/Grantmaking | California | Not disclosed |
| Prologis Foundation (CO) | $59.6M | ~$3-5M est. | Workforce development, community resilience | National | Competitive/invited |
| Hermann Foundation Inc. (MA) | $59.4M | Not disclosed | Philanthropy/Grantmaking | Massachusetts | Not disclosed |
| Scott Hudgens Family Foundation (GA) | $59.4M | Not disclosed | Philanthropy/Grantmaking | Georgia | Not disclosed |
Among similarly capitalized peers (~$59-60M assets), the Oechsle Family Foundation is notable for its deliberate multi-market geographic footprint spanning three distinct metros simultaneously — uncommon for a family foundation of this size. Its annual payout rate of approximately 5% is standard for a private foundation meeting minimum distribution requirements. The Alphawood Foundation represents the closest philosophical match: progressive values orientation, Illinois geographic overlap, invitation-only structure, and similar asset scale. However, Alphawood's emphasis on arts and LGBTQ rights diverges from Oechsle's hospice/palliative care niche — which has no direct peer equivalent in this cohort and stands as the foundation's most distinctive strategic signature.
No press releases, news announcements, or media coverage of the Oechsle Family Foundation were found in searches conducted in May 2026 for 2025 and 2026 activity. This is consistent with the foundation's deliberately low public profile: no staff, no open application process, and no public communications infrastructure.
The most current financial data available is FY2024, reported through ProPublica (EIN 20-4852371): total assets $59,505,839, total revenue $5,459,039 (driven by $3.86M in asset sales and $1.59M in dividends), and charitable disbursements of $2,862,214. FY2024 grant data (CauseIQ) confirms continued investment in the foundation's two anchor grantmaking partnerships: Community Foundation for Greater New Haven received at least $305,000 ($180K for the Black Futures Fund; $125K for a Power Building Initiative using Guaranteed Basic Income in partnership with Connecticut Urban Opportunity Collaborative and UpTogether). Foundation for MetroWest received $180,000 for education and youth initiatives.
The FY2024 Power Building Initiative grant — specifically funding the design phase of a Guaranteed Basic Income program — marks an evolution toward systems-change philanthropy, building on earlier FII-National/UpTogether grants. Leadership has been stable across all available filings: Martina Oechsle-Vasconcelles has held the President/Treasurer role since at least FY2015. The board expanded modestly in later years (Andrew Vasconcelles and William Bunton joined in later filings), suggesting gradual family succession planning without strategic disruption. The Christa Oechsle Fund for Palliative Education at Newton-Wellesley Hospital continues as a durable named endowment commitment.
Because the Oechsle Family Foundation operates exclusively through preselected grantees and has explicitly documented that it does not respond to unsolicited applications, conventional grant-seeking approaches will not work. The following tips are tailored to realistic pathways into this foundation's orbit.
Build within the ecosystem, not directly to the foundation. The most reliable entry point is through co-grantees. Organizations funded by Community Foundation for Greater New Haven's Black Futures Fund, the UpTogether network, or Connecticut Urban Opportunity Collaborative are natural peers. Joining these coalitions creates the informal visibility that precedes an Oechsle introduction. Similarly, organizations within the MetroWest/Boston nonprofit ecosystem that intersect with Foundation for MetroWest's grantee community are well-positioned.
Leverage the MetroWest philanthropic infrastructure. Foundation for MetroWest (7 grants, $810,000 total) is the foundation's most-funded grant partner. Being known to and ideally funded by Foundation for MetroWest positions an organization favorably. Submit to Foundation for MetroWest's open grant cycles and signal programmatic alignment with workforce development, family economic stability, and youth initiatives.
Make the hospice and palliative care connection explicit. If your organization works in end-of-life care, hospice, or palliative services — particularly in Newton-Wellesley, MetroWest, or Greater Boston — this is the most emotionally resonant area of the portfolio. Frame your work in terms of patient-centered, dignity-focused care consistent with the "Christa Oechsle Fund for Palliative Education" naming at Newton-Wellesley Hospital.
Demonstrate multi-year organizational staying power. Top grantees average 4-5 grants over the recorded history. The foundation invests in durability. If ever invited to submit materials, document organizational financial health, multi-year programming plans, and track record of sustained impact — not pilot projects.
Use specific equity language, not generic DEI framing. The Black Futures Fund, Movement for Black Lives, and Power Building Initiative grants signal genuine progressive alignment with named mechanisms. Use specific language: "guaranteed basic income," "power building," "racial equity infrastructure," "Black-led organizing." Vague DEI commitments will not land.
Never send unsolicited materials. The IRS 990-PF explicitly states the foundation does not respond to unsolicited requests. Submitting cold proposals, LOIs, or emails to Foundation Source may permanently close relationship doors.
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Smallest Grant
$25K
Median Grant
$50K
Average Grant
$71K
Largest Grant
$200K
Based on 28 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.
The foundation's asset base grew dramatically from $5.3M (FY2015) to $59.5M (FY2024), powered by a $18.1M family contribution in FY2020 and $21.3M in net investment income in FY2021. Annual grants followed: $155K (2015) → $260K (2019) → $1.5M (2020) → $2.0M (2021) → $2.9M (2022) → $2.8M (2023) → $2.9M (2024). Giving has stabilized at approximately $2.8-3.0M per year. Typical grant parameters across 151 recorded grants in the grantee dataset: median $50,000, average $70,715, minimum $16,000 (New .
Oechsle Family Foundation Inc. has distributed a total of $10.7M across 151 grants. The median grant size is $70K, with an average of $71K. Individual grants have ranged from $16K to $255K.
The Oechsle Family Foundation is a closely held, all-volunteer family foundation with no paid staff, operating through Foundation Source (501 Silverside Rd, Wilmington, DE) as its administrative home. It was founded in 2007 and is governed by Martina Oechsle-Vasconcelles (President/Treasurer), Linda Oechsle (Secretary/VP), Oliver Vasconcelles, Andrew Vasconcelles, William O. Bunton, and Tyler Bunton — all serving without compensation. This is a personal expression of family values, not an instit.
Oechsle Family Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Martina Oechsle-Vasconcelles | Dir, Pres, Treas | $0 | $0 | N/A |
| Linda Oechsle | Dir, Sec, VP | $0 | $0 | N/A |
| Oliver M Vasconcelles | Dir | $0 | $0 | N/A |
| Tyler Bunton | Dir | $0 | $0 | N/A |
| William O Bunton | Dir | $0 | $0 | N/A |
| Andrew Vasconcelles | Dir | $0 | $0 | N/A |
Total Giving
$3.2M
Total Assets
$57.2M
Fair Market Value
$60.2M
Net Worth
$57.2M
Grants Paid
$2.8M
Contributions
N/A
Net Investment Income
$1.2M
Distribution Amount
$2.9M
Total: $56.4M
Total Grants
151
Total Giving
$10.7M
Average Grant
$71K
Median Grant
$70K
Unique Recipients
47
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer Societyto Relay for Life of Charles River- The Boston Hope Lodge | Framingham, MA | $40K | 2023 |
| Community Foundation For Greater New HavenBlack Futures Fund and Basic Needs Fund | New Haven, CT | $255K | 2023 |
| New Reach IncStable Families Program in Bridgeport | New Haven, CT | $110K | 2023 |
| Womens Lunch Place IncGeneral & Unrestricted | Boston, MA | $110K | 2023 |
| Foundation For Metrowest Incthe Friends of the Waltham Family School, and unrestricted fund | Natick, MA | $100K | 2023 |
| New Haven Legal Assistance Association IncGeneral & Unrestricted | New Haven, CT | $100K | 2023 |
| Brain Health Bootcamp IncGeneral & Unrestricted | Brooklyn, NY | $100K | 2023 |
| The Parmenter Foundation Incto subsidize the hospice beds at the Miriam Boyd Parlin Hospice Residence, and unrestricted fund | Wayland, MA | $100K | 2023 |
| Northwestern UniversityNorthwestern University Building Enhancement Fund | Evanston, IL | $100K | 2023 |
| Hope And Comfort IncGeneral & Unrestricted | Needham, MA | $90K | 2023 |
| International Rescue Committee IncGeneral & Unrestricted | Albert Lea, MN | $87K | 2023 |
| Political Asylum Immigration Representation ProjecGeneral & Unrestricted | Boston, MA | $85K | 2023 |
| All Our Kin IncGeneral & Unrestricted | New Haven, CT | $80K | 2023 |
| Nurse Family PartnershipChild First fund | Denver, CO | $80K | 2023 |
| Hospice Of The Good Shepherd Incto support the Adult Palliative Care program at Good Shepherd | Newton Center, MA | $75K | 2023 |
| Cold Spring School IncFinancial Aid Program | New Haven, CT | $75K | 2023 |
| Gather New HavenGeneral & Unrestricted | New Haven, CT | $75K | 2023 |
| Roca IncYoung Mother's Program | Chelsea, MA | $75K | 2023 |
| Start EarlyGeneral & Unrestricted | Chicago, IL | $75K | 2023 |
| Integrated Refugee & Immigrant Services IncGeneral & Unrestricted | New Haven, CT | $70K | 2023 |
| Fii - NationalFunding the NYC Trust Youth Pilot's year two of qualitative research, and UpTogether's general operations | Oakland, CA | $70K | 2023 |
| A Place To Turn IncGeneral & Unrestricted | Natick, MA | $50K | 2023 |
| Mass General Brigham IncorporatedThe Christa Oechsle Fund for Palliative Education at NWH | Somerville, MA | $50K | 2023 |
| International Institute Of New England IncGeneral & Unrestricted | Boston, MA | $50K | 2023 |
| Alliance For Early SuccessGeneral & Unrestricted | Kansas City, KS | $45K | 2023 |
| American Cancer Society IncRelay For Life of Northwestern University | Maryville, IL | $40K | 2023 |
| Concepts For Adaptive Learning IncGeneral & Unrestricted | New Haven, CT | $40K | 2023 |
| Midwest Access CoalitionGeneral & Unrestricted | Chicago, IL | $35K | 2023 |
| Higher Heights Youth Empowerment Programs IncGeneral & Unrestricted | New Haven, CT | $35K | 2023 |
| Good Shepherd Food BankCampaign to End Hunger in Maine | Auburn, ME | $35K | 2023 |
| Planned Parenthood League Of Massachusetts IncGeneral & Unrestricted | Boston, MA | $35K | 2023 |
| American Prairie FoundationGeneral & Unrestricted | Bozeman, MT | $34K | 2023 |
| Vermont Community Foundationto the VT Flood Response and Recovery Fund with a focus on the needs of the communities in the Black River region of Vermont | Middlebury, VT | $34K | 2023 |
| National Digital Inclusion AllianceGeneral & Unrestricted | Columbus, OH | $30K | 2023 |
| Feast IncGeneral & Unrestricted | Los Angeles, CA | $30K | 2023 |
| The Diaper Bank Of Connecticut IncGeneral & Unrestricted | North Haven, CT | $30K | 2023 |
| West Harlem Environmental Action IncGeneral & Unrestricted | New York, NY | $30K | 2023 |
| Rainforest Foundation IncGeneral & Unrestricted | Brooklyn, NY | $23K | 2023 |
| Massachusetts General Hospitalthe Share for Hair program at MGH | Boston, MA | $20K | 2023 |
| Julie Fund IncThe Julie Fund- Patient related funds | Newton, MA | $20K | 2023 |
| Neighborhood Music School IncGeneral & Unrestricted | New Haven, CT | $17K | 2023 |
| New Venture FundNational Collaborative for Health Equity- in support of the Reverend Ronnie L. Williams Memorial Fund | Washington, DC | $16K | 2023 |
| Youth GuidanceYouth Guidance - Becoming a Man BOSTON and CHICAGO | Chicago, IL | $125K | 2022 |