GREAT FALLS, VA
Okane Family Foundation Inc.
Quick Facts
- EIN
- 832632761
- Location
- GREAT FALLS, VA
- Category
- Environment
- Total Assets
- $5.4M
- Annual Income
- $2.2M
- IRS Ruling Year
- 2019
- Organization Type
- Corporation
- Principal Officer
- % Michael O Kane
- Tax Deductibility
- Contributions are deductible
About This Foundation
Okane Family Foundation Inc. is a private corporation based in GREAT FALLS, VA. The foundation received its IRS ruling in 2019. The principal officer is % Michael O Kane. It holds total assets of $5.4M. Annual income is reported at $2.2M. The foundation operates in the area of environment. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$284K
2023+19%
Total Assets
$4.8M
2023-2%
Fair Market Value
$2.9M
2023
Net Worth
$4.8M
2023
Grants Paid
$229K
2023
Contributions
$0
2023
Net Investment Income
$115K
2023
Distribution Amount
$248K
2023
Total Giving by Year
$13
18$89K
19$158K
20$206K
21$238K
22$284K
23Asset Growth
$1.6M
18$3.6M
19$4.5M
20$4.4M
21$4.9M
22$4.8M
23Investment Portfolio (2023)
Total: $2.3M
Corporate Stock: $2.3M
Other Investments: $2.3M
Cash: $228K
Corporate Stock (48%)
Other Investments (47%)
Cash (5%)
Expense Breakdown (2023)
Grants Paid$229K
Legal Fees$195
Revenue Sources (2023)
- Dividends
- $121K
- Interest
- $39K
- Capital Gains (Net)
- $16K
- Other Income
- $-6,949
Financial Details (2023)
- Total Revenue
- $169K
- Total Expenses
- $284K
- Exempt Purpose Expenses
- $229K
- Required Distribution
- $248K
- Undistributed Income
- $216K
- Total Liabilities
- $1
- Excise Tax
- $2K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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