Burton Foundation Inc
- Assets
- $40.7m
- Revenue
- $3.4m
- Investments
- $39.3m
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 73-1584983
Organization Overview
Burton Foundation Inc is located in Oklahoma City, OK. The organization was established in 2001. 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. Burton 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 12/2021, Burton Foundation Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 12.4% 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.
Since 2014, Burton Foundation Inc has awarded 408 individual grants totaling $6,345,385. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gretchen Gray Trustee, Sec | 1 | $0 | |
David Gray Trustee, Pre | 1 | $0 | |
Joseph Gray Trustee | 1 | $0 | |
Robert Gray Trustee | 1 | $0 | |
Kari Koster Assistant, S | 1 | $0 | |
Sherrie Schroeder Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goldman Sachs | 12/30/21 | $183,914 |
Foundation Management Inc | 12/30/21 | $181,602 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $467,287 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,945,356 |
| Capital Gain Net Income | $2,945,356 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,412,643 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,054 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,438 |
| Printing and publications | $0 |
| Other expenses | $2,356 |
| Total operating and administrative expenses | $382,219 |
| Contributions, gifts, grants paid | $1,506,315 |
| Total expenses and disbursements | $1,888,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $1,344,131 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,155,476 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $40,691,391 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Burton Foundation Inc has awarded $1,506,315 in support to 69 organizations.
| Grant Recipient | Amount |
|---|---|
BECAUSE WE CARE PHILANTHROPY INC PURPOSE: GENERAL SUPPORT | $1,035,315 |
New York, NY PURPOSE: GENERAL SUPPORT | $30,000 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $30,000 |
Stuart, FL PURPOSE: GENERAL SUPPORT | $30,000 |
Broken Arrow, OK PURPOSE: GENERAL SUPPORT | $25,000 |
BISHOP KELLY HIGH SCHOOL PURPOSE: GENERAL SUPPORT | $23,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |