Tulsa Community Foundation
- Assets
- $776.6m
- Revenue
- $238.0m
- Investments
- $95.8m
- Employees
- 313
- Location
- Tulsa, OK
- Founding
- 06/1999
- Data as of
- 12/2022
- EIN
- 73-1554474
Organization Overview
Tulsa Community Foundation is located in Tulsa, OK. The organization was established in 1999. 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 12/2022, Tulsa Community Foundation employed 313 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tulsa Community 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 12/2022, Tulsa Community Foundation generated $238.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $215.1m during the year ending 12/2022. While expenses have increased by 12.0% per year over the past 6 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 2014, Tulsa Community Foundation has awarded 10,398 individual grants totaling $690,867,283. 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
TCF IS ORGANIZED AND OPERATED FOR CHARTIBALE PURPOSES PRIMARILY FOR THE LONG TERM BENEFIT OF THE TULSA METROPOLITAN AREA AND EASTERN OKLAHOMA CHARITABLE CAUSES.
Describe the Organization's Program Activity:
HUNGER FREE OKLAHOMA (HFO) IS LEVERAGING THE POWER OF COLLABORATION TO SOLVE HUNGER IN OKLAHOMA BY IMPROVING SYSTEMS, POLICIES, AND PRACTICES. HFO BRINGS A UNIFIED, STATEWIDE VOICE TO THE ISSUES AND SOLUTIONS SURROUNDING HUNGER, WITH A GOAL TO ENSURE ALL OKLAHOMANS HAVE ACCESS TO AFFORDABLE, NUTRITIOUS FOOD. HFO OPERATES ON AN INFORMED ADVOCACY AND PROGRAM MODEL - EACH AREA OF HFO'S WORK INFORMS THE FOCUS OF THE OTHER AREAS. HFO CONCENTRATES EFFORTS ON FOUR PRIMARY COMPONENTS THAT FRAME EVERYTHING HFO DOES: COLLABORATION, RESEARCH, TECHNICAL ASSISTANCE/PRACTICE, AND POLICY AND ADVOCACY.APPROXIMATELY 600,000 SERVED STATEWIDE
FUNDING OF QUALIFIED CHARITABLE PURPOSES, ORGANIZATIONS AND OTHER ENTITIES THAT BENEFIT TCF'S INTERESTS AND MISSION.
HEALTHY MINDS POLICY INITIATIVE WORKS TO END UNTREATED MENTAL ILLNESS AND ADDICTION IN OKLAHOMA THROUGH POLICY AND PRACTICE TRANSFORMATION. THE ORGANIZATION'S RESEARCH, POLICY ANALYSIS, AND COMMUNITY INITIATIVES SUPPORT A FUTURE IN WHICH ALL OKLAHOMANS HAVE THE MENTAL HEALTH TREATMENT AND PREVENTION SERVICES THEY NEED, WHEN AND WHERE THEY NEED THEM. HEALTHY MINDS FOCUSES ON FIVE KEY AREAS OF SYSTEMS CHANGE: YOUTH AND SCHOOLS, PARITY BETWEEN PHYSICAL AND MENTAL HEALTH CARE, INTEGRATING BEHAVIORAL HEALTH INTO PRIMARY CARE, WORKFORCE DEVELOPMENT, AND DIVERTING PEOPLE TO APPROPRIATE SETTINGS OF CARE. BY COORDINATING STAKEHOLDERS AND CROSS-SECTOR LEADERS, HEALTHY MINDS ENHANCES THE SYSTEMS THAT SERVE AN ESTIMATED 592,000 OKLAHOMA ADULTS WITH A MENTAL HEALTH CONDITION.
THE OPPORTUNITY PROJECT WORKS ALONGSIDE YOUTH-SERVING ORGANIZATIONS TO DELIVER HIGH QUALITY PROGRAMS, CONNECTS PARTNERS TO YOUTH AND COMMUNITIES, AND ADVOCATES FOR EQUITABLE OUT-OF-SCHOOL TIME EXPERIENCES IN TULSA. THE OPP DOES THIS THROUGH COLLABORATIVE PARTNERSHIPS, PROFESSIONAL LEARNING, DATA COLLECTION AND ANALYSIS, AND INTENTIONAL QUALITY IMPROVEMENT WORK. IN PARTNERSHIP WITH TULSA PUBLIC SCHOOLS, THE OPP SUPPORTED OVER 12,000 YOUTH AND OVER 50 YOUTH-SERVING ORGANIZATIONS ACROSS TULSA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Frohlich Chairperson - Finance Comm | Trustee | 4 | $0 |
John Hale Trustee | Trustee | 1 | $0 |
Joe Mcgraw Trustee | Trustee | 1 | $0 |
Steven Nell Trustee | Trustee | 1 | $0 |
Pierce Norton Chairperson - Audit Commit | Trustee | 1 | $0 |
Rose Washington Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bank Of Oklahoma - Trust Services Investment Mgmt Services | 12/30/22 | $1,593,811 |
Triwest Group Consulting Services | 12/30/22 | $1,323,719 |
Gitwit Creative Consulting Services | 12/30/22 | $271,322 |
The Advancement Group Planned Giving Services | 12/30/22 | $232,610 |
The James Group Event Management | 12/30/22 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $213,280 |
| Fundraising events | $1,731,952 |
| Related organizations | $26,760,899 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,931,274 |
| Noncash contributions included in lines 1a–1f | $41,842,446 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,637,405 |
| Total Program Service Revenue | $10,030,411 |
| Investment income | $16,158,199 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $71,727 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,825,793 |
| Net Income from Fundraising Events | -$2,095,346 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $238,011,217 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $174,746,079 |
| Grants and other assistance to domestic individuals. | $1,308,671 |
| Grants and other assistance to Foreign Orgs/Individuals | $60,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $745,713 |
| Compensation of current officers, directors, key employees. | $235,740 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,344,896 |
| Pension plan accruals and contributions | $554,653 |
| Other employee benefits | $252,904 |
| Payroll taxes | $844,132 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $58,401 |
| Fees for services: Accounting | $58,781 |
| Fees for services: Lobbying | $305,413 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,781,176 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29,677 |
| Office expenses | $232,788 |
| Information technology | $163,528 |
| Royalties | $0 |
| Occupancy | $235,956 |
| Travel | $87,559 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,376 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $608,254 |
| Insurance | $105,879 |
| All other expenses | $970,905 |
| Total functional expenses | $215,116,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $178,758,052 |
| Pledges and grants receivable | $52,938,493 |
| Accounts receivable, net | $1,145,253 |
| 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 | $4,133 |
| Net Land, buildings, and equipment | $18,334,312 |
| Investments—publicly traded securities | $425,512,623 |
| Investments—other securities | $95,800,321 |
| Investments—program-related | $3,914,964 |
| Intangible assets | $0 |
| Other assets | $238,965 |
| Total assets | $776,647,116 |
| Accounts payable and accrued expenses | $1,149,512 |
| Grants payable | $1,037,222 |
| 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 | $5,200,000 |
| Total liabilities | $7,386,734 |
| Net assets without donor restrictions | $735,635,446 |
| Net assets with donor restrictions | $33,624,936 |
| 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 | $776,647,116 |
Grants Awarded
Over the last fiscal year, Tulsa Community Foundation has awarded $166,925,555 in support to 1,951 organizations.
| Grant Recipient | Amount |
|---|---|
12 & 12 INC PURPOSE: GENERAL OPERATIONS | $8,648 |
1826 NETWORK PURPOSE: GENERAL OPERATIONS | $6,000 |
1ST STEP MALE DIVERSION PROGRAM INC PURPOSE: GENERAL OPERATIONS | $831,000 |
36 DEGREES NORTH CO PURPOSE: GENERAL OPERATIONS | $374,751 |
3DE NATIONAL LLC PURPOSE: GENERAL OPERATIONS | $15,000 |
4RKIDS FOUNDATION PURPOSE: GENERAL OPERATIONS | $32,000 |