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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. Total assets have grown from $1.6M in 2018 to $5.4M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of environment. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Virginia, District of Columbia and Washington. According to available records, Okane Family Foundation Inc. has made 25 grants totaling $486K, with a median grant of $10K. Annual giving has grown from $123K in 2020 to $201K in 2022. Individual grants have ranged from $900 to $100K, with an average award of $19K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Virginia, District of Columbia, Washington, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$10K
Average Grant
$16K
Largest Grant
$50K
Based on 10 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.
Okane Family Foundation Inc. primarily funds organizations in the area of environment. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in VA, DC, WA.
Okane Family Foundation Inc. has distributed a total of $486K across 25 grants. The median grant size is $10K, with an average of $19K. Individual grants have ranged from $900 to $100K.
Okane Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Okane Family Foundation Inc. is headquartered in GREAT FALLS, VA. While based in VA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cindy O'Kane | PRESIDENT | $0 | $0 | N/A |
| Michael O'Kane | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$5.4M
Fair Market Value
N/A
Net Worth
$5.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
25
Total Giving
$486K
Average Grant
$19K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Langley School Capital CampaignGENERAL PURPOSE | Mclean, VA | $100K | 2022 |
| Kakenya'S DreamGENERAL PURPOSE | Arlington, VA | $30K | 2022 |
| Flint Hill School Annual FundGENERAL PURPOSE | Oakton, VA | $10K | 2022 |
| Wolftrap FoundationGENERAL PURPOSE | Vienna, VA | $10K | 2022 |
| Interfaith Coalition Of WhatcomGENERAL PURPOSE | Bellingham, WA | $10K | 2022 |
| John F Kennedy CenterPRODUCER CIRCLE MBRSHP | Washington, DC | $10K | 2022 |
| Minds IncorporatedGENERAL PURPOSE | Washington, DC | $10K | 2022 |
| Mercersburg AcademyGENERAL PURPOSE | Mercersburg, PA | $10K | 2022 |
| Anacortes Family CenterGENERAL PURPOSE | Anacortes, WA | $10K | 2022 |
| Helping Children WorldwideGENERAL PURPOSE | Chantilly, VA | $900 | 2022 |
| Langley School Annual FundGENERAL PURPOSE | Mclean, VA | $13K | 2021 |
| Va FoundationGENERAL PURPOSE | Richmond, VA | $10K | 2021 |