Francis Tuttle Foundation Inc
- Assets
- $2.7m
- Revenue
- $345.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 02/1985
- Data as of
- 06/2022
- EIN
- 73-1226477
Organization Overview
Francis Tuttle Foundation Inc is located in Oklahoma City, OK. The organization was established in 1985. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Francis Tuttle 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, Francis Tuttle Foundation Inc generated $345.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $213.6k during the year ending 06/2022. While expenses have increased by 10.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE STUDENT ASSISTANCE IN THE FORM OF SCHOLARSHIPS, GRANTS, AND EMERGENCY LOANS TO THE STUDENTS OF FRANCIS TUTTLE TECHNOLOGY CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING STUDENT ASSISTANCE
PROJECTS AND AWARDS
PROFESSIONAL FEES RELATED TO PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Freidemann Member | Trustee | 2 | $0 |
Michelle Keylon Member | Trustee | 2 | $0 |
Gayle Kearns Member | Trustee | 2 | $0 |
Lori Alspaugh Member | Trustee | 2 | $0 |
Patricia Gray Member | Trustee | 2 | $0 |
Kay Martin Member | Trustee | 2 | $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 | $220,378 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $220,378 |
| Total Program Service Revenue | $26,934 |
| Investment income | $98,103 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $345,415 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $96,413 |
| 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 | $59,045 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $25,507 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,325 |
| Travel | $2,831 |
| 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 | $213,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,570 |
| Savings and temporary cash investments | $1,181,361 |
| 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 | $1,290,362 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,872 |
| Total assets | $2,745,165 |
| Accounts payable and accrued expenses | $1,352 |
| 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 | $1,352 |
| Net assets without donor restrictions | $108,529 |
| Net assets with donor restrictions | $2,635,284 |
| 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 | $2,745,165 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Francis Tuttle Foundation Inc has recieved totaling $80,247.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50,000 |
At&t Foundation Dallas, TX PURPOSE: EDUCATION | $20,000 |
The Meinders Foundation Oklahoma City, OK PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $247 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
Texas Wesleyan University Fort Worth, TX | $187,144,342 | $108,798,845 |
Park University Parkville, MO | $196,638,780 | $102,110,275 |
Hardin-Simmons University Abilene, TX | $364,651,432 | $94,074,650 |
Austin College Sherman, TX | $297,085,241 | $79,413,708 |
Our Lady Of The Lake University Of San Antonio San Antonio, TX | $113,222,017 | $76,356,070 |
Concordia University Texas Austin, TX | $144,062,806 | $77,596,323 |
Letourneau University Longview, TX | $118,292,663 | $66,156,893 |
Southern Nazarene University Bethany, OK | $123,009,250 | $68,249,636 |
East Texas Baptist University Marshall, TX | $165,907,529 | $69,149,691 |
The University Of Texas Texas A M Investment Management Company Austin, TX | $52,069,429 | $55,635,723 |
Baker University Baldwin City, KS | $111,599,532 | $59,186,378 |