Pearl M & Julia J Harmon Foundation
- Assets
- $54.3m
- Revenue
- $2.0m
- Investments
- $3.7m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 11/1963
- Data as of
- 05/2022
- EIN
- 73-6095893
Organization Overview
Pearl M & Julia J Harmon Foundation is located in Tulsa, OK. The organization was established in 1963. 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. Pearl M & Julia J Harmon 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 05/2022, Pearl M & Julia J Harmon Foundation generated $2.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $546.6k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION AND MAINTENANCE - PROVIDE CONSTRUCTION ASSISTANCE AND MAINTENANCE SERVICES TO THE NOWATA CITY-COUNTY LIBRARY TULSA CITY-COUNTY LIBRARY GRAND LAKE MENTAL HEALTH CENTER NOWATA CITY SCHOOLS
HARMON COMMUNITY CENTER LIBRARY IN NOWATA FACILITIES
TULSA LIBRARY LITERACY OUTREACH AND VOLUNTEER CENTER FACILITIES
NOWATA CITY SCHOOLS HARMON POOL FACILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George L Hangs Exec Dir & Tty | 40 | $88,910 | |
C K Owens Off Mgr & Tty | 40 | $67,349 | |
Julia Hangs Legal & Tty | 40 | $66,567 | |
Cathey Frederick Tty | 0.2 | $3,300 | |
G E Holmes Tty | 0.2 | $3,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16,050 |
| Dividends & Interest | $233,315 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,314 |
| Capital Gain Net Income | $23,281 |
| Net ST Capital Gain | $33 |
| Income Modifications | $1,867,024 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,729,576 |
| Total Revenue | $2,002,255 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $229,426 |
| Other employee salaries and wages | $50,792 |
| Pension plans, employee benefits | $105,380 |
| Interest | $0 |
| Taxes | $52,174 |
| Depreciation | $5,065 |
| Occupancy | $12,266 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72,578 |
| Total operating and administrative expenses | $537,102 |
| Contributions, gifts, grants paid | $9,500 |
| Total expenses and disbursements | $546,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,827 |
| Savings and temporary cash investments | $24,035,472 |
| Net Accounts receivable | $5 |
| 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 | $0 |
| Net Land, buildings, and equipment | $83,304 |
| Other assets | $26,478,066 |
| Total assets | $54,327,267 |
| Accounts payable and accrued expenses | $278 |
| 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 | $278 |
Grants Awarded
Over the last fiscal year, Pearl M & Julia J Harmon Foundation has awarded $9,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF NOWATA PURPOSE: SUPPORT 4TH OF JULY FIREWORKS | $3,000 |
AIM HIGH CENTER PURPOSE: SUPPORT FOOD PANTRY | $2,500 |
LIVING WORD CHURCH PURPOSE: SUYPPORT FOOD BANK | $2,500 |
New York, NY PURPOSE: SUPPORT FREE AVAILAILABILITY OF LIBREOFFICE SOFTWARE | $1,000 |
Bartlesville, OK PURPOSE: SUPPORT ORCHESTRA | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |