Herman P & Sophia Taubman Foundation
- Assets
- $1.9m
- Revenue
- $2.4m
- Investments
- $1.3m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 08/1957
- Data as of
- 12/2023
- EIN
- 73-6092820
Organization Overview
Herman P & Sophia Taubman Foundation is located in Tulsa, OK. The organization was established in 1957. 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. Herman P & Sophia Taubman 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, Herman P & Sophia Taubman Foundation generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 3.3% 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 2019, Herman P & Sophia Taubman Foundation has awarded 74 individual grants totaling $8,576,490. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of Oklahoma Agent | 10 | $8,739 | |
H Perry Taubman Trustee | 0.5 | $0 | |
Hillary L Taubman Trustee | 0.5 | $0 | |
Anne C Taubman Trustee | 0.5 | $0 | |
Lawrence Taubman Trustee | 0.5 | $0 | |
Deborah Taubman Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $67,923 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,300,126 |
| Capital Gain Net Income | $2,300,126 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,870 |
| Total Revenue | $2,381,919 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,739 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $39 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $32,978 |
| Contributions, gifts, grants paid | $2,098,000 |
| Total expenses and disbursements | $2,130,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $534,451 |
| 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 | $673 |
| Net Land, buildings, and equipment | $7,501 |
| Other assets | $0 |
| Total assets | $1,882,956 |
| 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, Herman P & Sophia Taubman Foundation has awarded $2,098,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CITY FOREST CREDITS PURPOSE: FUNDING FOR STAFF SALARIES & OUTSIDE CONSULTANTS | $125,000 |
ISRAEL GUIDE DOG CENTER FOR THE BLIND PURPOSE: FUNDING FOR DOG TRANSPORT VEHICLE | $47,000 |
NEW SEED FOUNDATION PURPOSE: FUNDING FOR FINANCIAL ASSISTANCE TO INDIGENT FAMILIES | $100,000 |
JEWISH FEDERATION OF GREATER DALLAS PURPOSE: FUNDING TO PROVIDE LIFE-SAVING AND LIFE-SUSTAINING CARE TO THE JEWISH COMMUNITY AND OTHERS IN-NEED DALLAS, AMERICA AND OVERSEAS | $10,000 |
SOCIAL JUSTICE FILM INSTITUTE PURPOSE: FUNDING FOR FILM FESTIVAL & EDUCATIONAL PROGRAMS | $145,000 |
SPELMAN COLLEGE PURPOSE: FUNDING FOR CENTER FOR INNOVATION AND THE ARTS | $250,000 |