Notes to SEFA
At December 31, 2025, the Corporation had the following Section 220 preservation grant which is presented within the net assets with donor restrictions. The preservation grant is also included in the federal expenditures presented. Program or Cluster Title - Section 220 Preservation Grant; Federal ALN Number - 14.XXX; Amount Outstanding - $1,396,483
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Oakhill Associates, Inc. (the Corporation) under programs of federal government for the year ended December 31, 2025. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operation of the Corporation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Corporation.