Oklahoma City Public Schools Foundation Inc
- Assets
- $6.6m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 7
- Location
- Oklahoma City, OK
- Founding
- 09/1984
- Data as of
- 12/2023
- EIN
- 73-1222182
Organization Overview
Oklahoma City Public Schools Foundation Inc, operating under the name The Foundation For Okc Public Schools, is located in Oklahoma City, OK. The organization was established in 1984. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2023, Foundation For Okc Public Schools employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Okc Public Schools 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 12/2023, Foundation For Okc Public Schools generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 9.6% per year over the past 8 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 2015, Foundation For Okc Public Schools has awarded 44 individual grants totaling $5,031,360. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT LASTING CHANGE IN OKCPS THAT IMPROVES THE QUALITY OF EDUCATION FOR EVERY STUDENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE INNOVATIVE TEACHER/CLASSROOM SUPPORT - THROUGH A PARTNERSHIP WITH DONORSCHOOSE AND INITIATIVES LIKE PARTNERS IN ACTION AND READOKC, THE FOUNDATION PROVIDES SUPPORT FOR CLASSROOM AND SCHOOL NEEDS IN OKCPS. SINCE 2014, THE FOUNDATION HAS LEVERAGED OVER 11 MILLION DOLLARS IN FUNDING FOR OKCPS CLASSROOM PROJECTS ON DONORSCHOOSE. PARTNERS IN ACTION, WHICH INCLUDES COAT-A-KID & KIT-A-KID, ENGAGES COMMUNITY SUPPORT FOR SCHOOL WIDE PROJECTS IDENTIFIED BY SITE PRINCIPALS. READOKC HAS A MISSION TO INSTILL A LOVE OF READING IN STUDENTS, THROUGH READING CHALLENGES, VOLUNTEER READING BUDDIES AND PROVIDING ACCESS THROUGH LITTLE LIBRARIES AND A MOBILE BOOK BUS.
OTHER PROGRAM SERVICES OF THE FOUNDATION INCLUDE ASSISTING OKCPS WITH FUNDING AND OTHER SUPPORT FOR DISTRICTWIDE NEEDS, SCHOOL BOARD EVENTS AND RECEPTIONS AND OTHER NEEDS IDENTIFIED BY THE DISTRICT.
SUPPORT EFFORTS TO RECRUIT & RETAIN URBAN-READY TEACHERS - THROUGH PROGRAMS LIKE THE TEACHER PIPELINE PROGRAMS (TPP) AND THE URBAN TEACHER PREPARATION ACADEMY (UTPA) THE FOUNDATION PROVIDES DIRECT SUPPORT TO RECRUIT AND TRAIN TEACHERS FOR EMPLOYMENT WITH OKCPS. THE TPP PROVIDE DIRECT TUITION SUPPORT FOR PARAPROFESSIONALS EMPLOYED WITH OKCPS TO GET THEIR TEACHING CERTIFICATION AND TEACH WITH OKCPS. UTPA ENGAGES STUDENTS WHO ARE IN UNDERGRADUATE TEACHER PREPARATION PROGRAMS AT LOCAL UNIVERSITIES AND EXPRESS A DESIRE TO TEACH IN OKCPS. THE PROGRAM PROVIDES MENTORSHIP AND SUPPORT THROUGH THE LATTER HALF OF THE STUDENT'S COURSEWORK AND THE FIRST THREE YEARS IN THE CLASSROOM.
BUILD ADVOCATES FOR OKCPS - THROUGH HIGHLIGHTING SUCCESS STORIES WITHIN OKCPS AND PROGRAMS LIKE WALL OF FAME AND STARS OF EDUCATION, THE FOUNDATION HIGHLIGHTS THE NEED FOR EQUITY AND THE IMPORTANCE OF PUBLIC EDUCATION. THE WALL OF FAME HUMANITARIAN AWARDS DINNER HIGHLIGHTS INSPIRATIONAL STORIES OF OKCPS ALUMNI AND STARS OF EDUCATION RECOGNIZES OUTSTANDING TEACHERS AND PRINCIPALS IN THE DISTRICT THROUGH TEACHER OF THE YEAR AND PRINCIPAL OF THE YEAR AWARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toni Allen Member | Trustee | 1 | $0 |
Christine Berney Member | Trustee | 1 | $0 |
Stephen Butler Member | Trustee | 1 | $0 |
Bryan Coleman Member | Trustee | 1 | $0 |
Jason Constable Member | Trustee | 1 | $0 |
Courtney Franklin Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $118,488 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,950,250 |
| Noncash contributions included in lines 1a–1f | $67,872 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,068,738 |
| Total Program Service Revenue | $225 |
| Investment income | $173,736 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $84,662 |
| Net Income from Fundraising Events | -$25,244 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,302,117 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $345,338 |
| Grants and other assistance to domestic individuals. | $700,529 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $161,612 |
| Compensation of current officers, directors, key employees. | $23,503 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $328,174 |
| Pension plan accruals and contributions | $48,801 |
| Other employee benefits | $56,390 |
| Payroll taxes | $41,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,427 |
| Fees for services: Other | $152,852 |
| Advertising and promotion | $0 |
| Office expenses | $49,082 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,527 |
| Travel | $2,931 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $108,213 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,168 |
| Insurance | $5,660 |
| All other expenses | $0 |
| Total functional expenses | $2,142,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,211,575 |
| Pledges and grants receivable | $811,319 |
| 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 | $6,324 |
| Investments—publicly traded securities | $3,396,742 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $224,001 |
| Total assets | $6,649,961 |
| Accounts payable and accrued expenses | $146,605 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $124,070 |
| 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 | $155,324 |
| Total liabilities | $425,999 |
| Net assets without donor restrictions | $3,381,060 |
| Net assets with donor restrictions | $2,842,902 |
| 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 | $6,649,961 |
Grants Awarded
Over the last fiscal year, Oklahoma City Public Schools Foundation Inc has awarded $292,697 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
OKLAHOMA CITY PUBLIC SCHOOLS PURPOSE: OKCPS GENERAL SUPPORT | $37,852 |
DONORSCHOOSEORG PURPOSE: CLASROOM PROJECT FUNDING | $200,400 |
OKLAHOMA CITY PUBLIC SCHOOLS PURPOSE: PARTNERS IN ACTION SCHOOL PROJECTS FUNDING | $54,445 |