Puterbaugh Foundation
- Assets
- $12.2m
- Revenue
- $789.2k
- Investments
- $12.0m
- Employees
- 0
- Location
- McAlester, OK
- Founding
- 08/1952
- Data as of
- 12/2023
- EIN
- 73-6092193
Organization Overview
Puterbaugh Foundation is located in McAlester, OK. The organization was established in 1952. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Puterbaugh 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 12/2023, Puterbaugh Foundation generated $789.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Puterbaugh Foundation has awarded 121 individual grants totaling $4,456,394. 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 |
|---|---|---|---|
Steven Taylor President | 6 | $38,762 | |
Cara Bland Treasurer | 2 | $31,381 | |
Sayer Brenner Trustee | 0 | $9,690 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $25 |
| Dividends & Interest | $573,858 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $91,450 |
| Capital Gain Net Income | $91,450 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $123,889 |
| Total Revenue | $789,222 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $79,833 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,861 |
| Depreciation | $0 |
| Occupancy | $5,016 |
| Travel, conferences, and meetings | $72 |
| Printing and publications | $30 |
| Other expenses | $3,207 |
| Total operating and administrative expenses | $101,019 |
| Contributions, gifts, grants paid | $941,234 |
| Total expenses and disbursements | $1,042,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,792 |
| Savings and temporary cash investments | $0 |
| 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 | $9,566 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $204,575 |
| Net Land, buildings, and equipment | $5,928 |
| Other assets | $4,526 |
| Total assets | $12,198,028 |
| 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, Puterbaugh Foundation has awarded $941,234 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
OKLAHOMA HERITAGE MUSEUM PURPOSE: GENERAL OPERATIONS | $26,200 |
OKLAHOMA NATIONAL MEMORIAL PURPOSE: GENERAL OPERATIONS | $25,168 |
UNIVERSITY OF OKLAHOMA FOUNDATION PURPOSE: SCHOLARSHIPS | $25,000 |
OKLAHOMA MEDICAL RESRCH FOUNDATION PURPOSE: GENERAL OPERATIONS | $50,000 |
OKLA STATE UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIPS | $25,000 |
BOYS AND GIRLS CLUB OF MCALESTER PURPOSE: GENERAL OPERATIONS | $50,000 |