Ok Foundation

Organization Overview

Ok Foundation is located in Salt Lake City, UT. The organization was established in 2001. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. OK 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 12/2021, OK Foundation generated $645.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, OK Foundation has awarded 77 individual grants totaling $4,325,329. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SERVING THE NEEDS OF THE WHOLE CHILD, INCLUDING EDUCATION, SAFETY, ENVIRONMENT, HEALTH, AND WELL-BEING

Describe the Organization's Program Activity:

Part 3 - Line 4a

OK FOUNDATION IMPROVES THE LIVES OF CHILDREN BY SUPPORTING A RESEARCHED COMMUNITY OF CHARITIES SERVING THE MOST IMPORTANT ISSUES FACING KIDS.


OK FOUNDATION IMPROVES THE LIVES OF CHILDREN BY SUPPORTING A RESEARCHED COMMUNITY OF CHARITIES SERVING THE MOST IMPORTANT ISSUES FACING KIDS.


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Board, Officers & Key Employees

Name (title)Compensation
Philip Webb
Executive Di
$182,250
Sombo Chunda
Board Member
$0
Steve Farrell
Board Member
$0
Ron Gunnell
Board Member
$0
Dennis Webb
Board Chair
$0
Jan Robbins
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$314,812
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$314,812
Total Program Service Revenue$0
Investment income $184,834
Tax Exempt Bond Proceeds $0
Royalties $6
Net Rental Income -$1,324
Net Gain/Loss on Asset Sales $248,331
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $645,498

Grants Awarded

Over the last fiscal year, Ok Foundation has awarded $626,203 in support to 8 organizations.

Grant RecipientAmount

ELEVATE MEXICO LENDING

PURPOSE: GENERAL SUPPORT

$203,750

UPSTREAM CINEMA PROJECT

PURPOSE: GENERAL SUPPORT

$150,000

MESOAMERICAN RESEARCH FOUNDATION

Org PageRecipient Profile

Farmington, UT

PURPOSE: GENERAL SUPPORT

$144,000

HAMILTON PRODUCTIONS

PURPOSE: GENERAL SUPPORT

$56,617

RED FRED PROJECT

PURPOSE: GENERAL SUPPORT

$40,983

MALDONADO RELIEF FUND

PURPOSE: GENERAL SUPPORT

$13,069
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Ok Foundation has recieved totaling $7,500.

Awarding OrganizationAmount
The Community Foundation Of Utah

Salt Lake City, UT

PURPOSE: GENERAL SUPPORT

$7,500
View Grant Recipient Profile

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