Oklahoma Blood Institute Foundation
- Assets
- $6.9m
- Revenue
- $110.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 09/2000
- Data as of
- 03/2022
- EIN
- 31-1721750
Organization Overview
Oklahoma Blood Institute Foundation is located in Oklahoma City, OK. The organization was established in 2000. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Blood Institute Foundation 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 03/2022, Oklahoma Blood Institute Foundation generated $110.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $204.2k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT MISSION-RELATED ACTIVITIES, SERVICES, AND PROGRAMS OF THE OKLAHOMA BLOOD INSTITUTE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS ARE FOR A NON-PROFIT INNOVATION AMBASSADOR TO TAKE OUR EXISTING PATENTED THANK THE DONOR PLATFORM AND OTHER RELATED PLATFORMS AND SECURE A MASS OF NON-PROFITS TO ADOPT THE TECHNOLOGIES TO BECOME COMMERCIALLY SUSTAINABLE AND TO HELP OBI GAIN TRACTION WITH THE NON-PROFIT WORLD FOR INNOVATIONS DEVELOPED TO BECOME A SELF-SUSTAINING MODEL RATHER THAN OBI CARRYING THE BURDEN FOR THESE INNOVATIONS.
FUNDS TO ASSIST THE CONCEPT OF BUILDING DONOR IDENTITY WITH SPECIALTY RETAIL WHICH ALIGNS WITH A PHILOSOPHY OF RECRUITMENT WHERE EXISTING INTERESTS ARE FOUND TO BE IN LINE WITH WHAT OBI DOES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John B Armitage MD President/ceo/ Exec. Comm. Dir. | OfficerTrustee | 2 | $0 |
Randall Stark Chief Financial Officer | OfficerTrustee | 3 | $0 |
Richard Boatsman MD Board Member | Trustee | 2 | $0 |
Larry Bookman MD Board Member | Trustee | 1 | $0 |
Gary Patzkowsky Board Member | Trustee | 1 | $0 |
David Carpenter Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $57,987 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $52,692 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $110,679 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $160,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $44,197 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $204,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,469 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,850,406 |
| Total assets | $6,858,875 |
| Accounts payable and accrued expenses | $160,000 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $160,000 |
| Net assets without donor restrictions | $4,463,545 |
| Net assets with donor restrictions | $2,235,330 |
| 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 | $6,858,875 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oklahoma Blood Institute Foundation has recieved totaling $3,500,000.
| Awarding Organization | Amount |
|---|---|
Oklahoma Blood Institute Oklahoma City, OK PURPOSE: GENERAL SUPPORT - SEE PART IV | $3,500,000 |
Endowment Analysis
| Beg. Balance | $2,113,959 |
| Earnings | $64,989 |
| Admin Expense | $11,820 |
| Ending Balance | $2,167,128 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
Impact Investing Charitable Foundation Inc Overland Park, KS | $59,629,063 | $92,847,262 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |