Allen Family Charitable Foundation
- Assets
- $21.6m
- Revenue
- $1.2m
- Investments
- $20.4m
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 12/2006
- Data as of
- 12/2021
- EIN
- 20-5490143
Organization Overview
Allen Family Charitable Foundation is located in Oklahoma City, OK. The organization was established in 2006. 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. Allen Family Charitable 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, Allen Family Charitable Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $753.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Allen Family Charitable Foundation has awarded 170 individual grants totaling $6,437,744. 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 |
|---|---|---|---|
Paul Allen 1st Vice President | 0 | $0 | |
Mark Allen President | 0 | $0 | |
Greg Allen Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,734 |
| Dividends & Interest | $85,159 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,059,168 |
| Capital Gain Net Income | $1,059,167 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,163,061 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $78,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,967 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,821 |
| Total operating and administrative expenses | $128,944 |
| Contributions, gifts, grants paid | $624,400 |
| Total expenses and disbursements | $753,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,151,553 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,578,677 |
| 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, Allen Family Charitable Foundation has awarded $624,400 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ENID SPORTS ASSOCIATION PURPOSE: PROGRAM AND SERVICES TO SUPPORT SPORTS | $500,000 |
Edmond, OK PURPOSE: GENERAL SUPPORT | $100,000 |
ENID HIGHER EDUCATION COUNCIL PURPOSE: PROGRAMS AND SERVICES THAT SUPPORT EDUCATON. | $10,000 |
BEST DEFENSE FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |
Oklahoma City, OK PURPOSE: PROGRAMS AND SERVICES THAT SUPPORT EDUCATION | $5,000 |
Neligh, NE PURPOSE: PROGRAMS AND SERVICES TO PROMOTE EDUCATION | $2,400 |
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 |