Oklahoma City Community Foundation Inc
- Assets
- $773.3m
- Revenue
- $91.0m
- Investments
- $3.1m
- Employees
- 55
- Location
- Oklahoma City, OK
- Founding
- 10/1969
- Data as of
- 06/2022
- EIN
- 23-7024262
Organization Overview
Oklahoma City Community Foundation Inc is located in Oklahoma City, OK. The organization was established in 1969. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Oklahoma City Community Foundation Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma City Community Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Oklahoma City Community Foundation Inc generated $91.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $42.4m during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Oklahoma City Community Foundation Inc has awarded 1,912 individual grants totaling $96,551,962. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE CHARITABLE NEEDS OF OUR DONORS AND THE OKC AREA THROUGH THE DEVELOPMENT AND ADMINISTRATION OF ENDOWMENTS AND OTHER CHARITABLE FUNDS WITH THE GOAL OF ENHANCING VALUE.
Describe the Organization's Program Activity:
DISTRIBUTIONS WERE MADE TO VARIOUS CHARITABLE RECIPIENTS IN THE GREATER OKLAHOMA CITY AREA. PROGRAMS INCLUDED "IFUND" GRANTS WHICH SUPPORT ACCESS TO BASIC AND PREVENTIVE HEALTH CARE, PROVIDES ACCESS FOR CHILDREN TO MAINSTREAM SERVICES DESPITE PHYSICAL, MENTAL OR ECONOMIC CIRCUMSTANCES, AND PROGRAMS SUPPORTING ELDERLY INDEPENDENT LIVING. THE "FUND FOR OKC" ALSO PROVIDES GRANTS WHICH ADDRESS ISSUES IN THE COMMUNITY AS THEY ARISE. IN ADDITION THE MARGARET ANNIS BOYS TRUST CONTINUED TO SUPPORT GRANTS THAT BEAUTIFY PUBLIC LAND, WITH AN EMPHASIS ON PROJECTS LOCATED IN PUBLIC PARKS. A NEW INITIATIVE WAS LAUNCHED IN 2014 TO PROMOTE THE INTEGRATION OF PHYSICAL ACTIVITY, GOOD NUTRITION AND OTHER HEALTHY LIFESTYLE CHOICES INTO THE DAILY ROUTINES OF CHILDREN AND ADULTS LIVING IN OKLAHOMA COUNTY.
THE OKLAHOMA CITY COMMUNITY FOUNDATION SUPPORTS SCHOLARSHIP INITIATIVES THAT ENCOURAGE STUDENTS TO ATTAIN THE HIGHEST LEVEL OF EDUCATION AND TRAINING. OUR INITIATIVES INCLUDE THE "OCCF SCHOLARS" PROGRAM FOR STUDENTS WHO EXCEL IN AREAS OTHER THAN GPA; THE "FOUNDATION OF PROMISE" PROGRAM FOR STUDENTS WHO WILL BE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE; THE "OKLAHOMA YOUTH WITH PROMISE" PROGRAM DESIGNED FOR CHILDREN IN FOSTER CARE; THE "NON-TRADITIONAL STUDENT" PROGRAM FOR ADULTS RE-ENTERING COLLEGE AND THE "NURSE EDUCATION" PROGRAM TO ASSIST NURSING STUDENTS AT FIVE LOCAL HOSPITALS.
THE OKLAHOMA CITY COMMUNITY FOUNDATION'S "CHARITABLE ORGANIZATION ENDOWMENT" (COE) PROGRAM IS THE COMMUNITY'S LEADING ADVOCATE FOR ENDOWMENT DEVELOPMENT AND HAS OVER 40 YEARS OF EXPERIENCE IN EFFECTIVE ENDOWMENT ADMINISTRATION. THE FOUNDATION PROVIDES SERVICES AND RESOURCES THAT ADD VALUE TO THE MORE THAN 350 ORGANIZATIONS PARTICIPATING IN THE COE PROGRAM, WITH THE GOAL OF PROVIDING THESE CHARITIES THE OPPORTUNITY TO STRENGTHEN THEIR ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Agee Trustee | Trustee | 0.5 | $0 |
T Scott Spradling Trustee | Trustee | 0.5 | $0 |
Shelley Sanders Trustee | Trustee | 0.5 | $0 |
Christin Mugg Trustee | Trustee | 0.5 | $0 |
David Feroli Chairman | Trustee | 0.5 | $0 |
Mike Collison Trustee | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Media One Advertising Agency | 6/29/22 | $470,696 |
Blackrock Investment Manager | 6/29/22 | $264,982 |
Earnest Partners Investment Manager | 6/29/22 | $260,164 |
Aberdeen Standard Investments Investment Manager | 6/29/22 | $160,261 |
Northern Trust Investment Custodian | 6/29/22 | $141,576 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,913,481 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,345,719 |
| Noncash contributions included in lines 1a–1f | $6,710,668 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,259,200 |
| Total Program Service Revenue | $1,408,625 |
| Investment income | $7,685,299 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,731 |
| Net Gain/Loss on Asset Sales | $18,049,996 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $90,959,641 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,111,231 |
| Grants and other assistance to domestic individuals. | $2,907,901 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,806,431 |
| Compensation of current officers, directors, key employees. | $1,080,246 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,282,501 |
| Pension plan accruals and contributions | $307,847 |
| Other employee benefits | $304,871 |
| Payroll taxes | $277,722 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,031 |
| Fees for services: Accounting | $50,451 |
| Fees for services: Lobbying | $16,800 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $856,194 |
| Fees for services: Other | $332,957 |
| Advertising and promotion | $407,392 |
| Office expenses | $113,559 |
| Information technology | $286,951 |
| Royalties | $0 |
| Occupancy | $55,345 |
| Travel | $19,789 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $440,988 |
| Insurance | $97,354 |
| All other expenses | -$264,897 |
| Total functional expenses | $42,401,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $2,187,235 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,525 |
| Net Land, buildings, and equipment | $7,539,658 |
| Investments—publicly traded securities | $758,811,664 |
| Investments—other securities | $3,093,958 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,626,953 |
| Total assets | $773,266,293 |
| Accounts payable and accrued expenses | $1,055,607 |
| Grants payable | $14,258,887 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,040,234 |
| Total liabilities | $20,354,728 |
| Net assets without donor restrictions | $340,016,572 |
| Net assets with donor restrictions | $412,894,993 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $773,266,293 |
Grants Awarded
Over the last fiscal year, Oklahoma City Community Foundation Inc has awarded $29,822,098 in support to 558 organizations.
| Grant Recipient | Amount |
|---|---|
111PROJECT INC PURPOSE: GENERAL PURPOSE | $120,000 |
45TH INFANTRY DIVISION MUSEUM PURPOSE: GENERAL PURPOSE | $20,223 |
95TH DIVISION FOUNDATION PURPOSE: GENERAL PURPOSE | $5,414 |
8TH STREET CHURCH PURPOSE: GENERAL PURPOSE | $15,628 |
A CHANCE TO CHANGE PURPOSE: GENERAL PURPOSE | $23,896 |
ADULT CONGENITAL HEART ASSOCIATION INC PURPOSE: GENERAL PURPOSE | $26,000 |