Inasmuch Foundation
- Assets
- $0.0
- Revenue
- $49.9m
- Investments
- $384.3m
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 09/1999
- Data as of
- 06/2021
- EIN
- 73-1167188
Organization Overview
Inasmuch Foundation is located in Oklahoma City, OK. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Inasmuch 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 06/2021, Inasmuch Foundation generated $49.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $25.1m during the year ending 06/2021. While expenses have increased by 4.5% per year over the past 3 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 2021, Inasmuch Foundation has awarded 887 individual grants totaling $62,522,967. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES RELATED TO PROGRAM RELATED INVESTMENTS.
PROVIDED FUNDING TO ADDRESS VARIOUS EDUCATION ISSUES.
PROVIDED FUNDING FOR RESTORATION OF CENTENNIAL CLOCKS
FUNDING FOR JOURNALISM, HUMAN SERVICES, AND COMMUNITY PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David O Hogan Director | 12 | $98,500 | |
William J Ross Director | 30 | $83,500 | |
Robert J Ross Chairman & CEO | 40 | $422,500 | |
Andrew W Roff Director | 2 | $43,094 | |
Patrick T Rooney Director | 2 | $41,500 | |
Tricia L Everest Advisory Committee | 1.5 | $2,700 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates | 6/29/22 | $688,199 |
Avenir - Fidelity | 6/29/22 | $115,314 |
Ubs | 6/29/22 | $740,047 |
Blackstone Real Estate Partners | 6/29/22 | $101,553 |
Morgan Stanley | 6/29/22 | $615,850 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,514,416 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,704,062 |
| Total Revenue | $49,887,073 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,346,046 |
| Pension plans, employee benefits | $80,279 |
| Depreciation | $13,332 |
| Occupancy | $112,983 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $5,594,863 |
| Contributions, gifts, grants paid | $19,493,548 |
| Total expenses and disbursements | $25,088,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $156,526,737 |
| Other assets | $505,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Inasmuch Foundation has awarded $30,031,219 in support to 432 organizations.
| Grant Recipient | Amount |
|---|---|
OKLAHOMA INSTITUTE FOR CHILD ADVOCACY PURPOSE: HEROES BALL (JULY 30TH, 2021); 1000.00; 06/21/2021 | $1,000 |
COLORADO COLLEGE PURPOSE: GRANTS: ACADEMIC PAVILION; 5000000.00; 04/28/2015 | $500,000 |
NORTHEAST OKC RENAISSANCE PURPOSE: EASTPOINT IMPROVEMENTS; 2500.00; 06/21/2021 | $2,500 |
PARTNERS IN PUBLIC HEALTH PURPOSE: COVID-19 VACCINE DISTRIBUTION (272,000) & FEEDING OUR PUBLIC HEALTH HEROES SPONSORSHIP (15,000); 287000.00; 04/15/2021 | $287,000 |
FOUNDATION FOR THE MCKNIGHT CENTER FOR THE PERFORMING ARTS PURPOSE: PERFORMANCE SPONSOR: POLAR EXPRESS FEATURING THE TULSA SYMPHONY DECEMBER 2, 2021; 10000.00; 06/04/2021 | $10,000 |
NONDOC MEDIA PURPOSE: MATCHING GIFT; 240.00; 06/25/2021 | $240 |