Oklahoma City Community Foundation Inc
- Assets
- $584.2m
- Revenue
- $68.8m
- Investments
- $9.9m
- Employees
- 43
- Location
- Oklahoma City, OK
- Founding
- 10/1969
- Data as of
- 06/2020
- EIN
- 23-7024262
Organization Overview
Oklahoma City Community Foundation Inc is located in Oklahoma City, OK. The organization was established in 1969. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2020, Oklahoma City Community Foundation Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Oklahoma City Community Foundation Inc generated $68.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $32.4m during the year ending 06/2020. While expenses have increased by 4.4% per year over the past 5 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, Oklahoma City Community Foundation Inc has awarded 896 individual grants totaling $43,163,361. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE CHARITABLE NEEDS OF OUR DONORS AND THE OKC AREA THROUGH THE DEVELOPMENT AND ADMINISTRATION OF ENDOWMENTS AND OTHER CHARITABLE FUNDS WITH THE GOAL OF ENHANCING VALUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTIONS WERE MADE TO VARIOUS CHARITABLE RECIPIENTS IN THE GREATER OKLAHOMA CITY AREA. PROGRAMS INCLUDED "IFUND" GRANTS WHICH SUPPORT ACCESS TO BASIC AND PREVENTIVE HEALTH CARE, PROVIDES ACCESS FOR CHILDREN TO MAINSTREAM SERVICES DESPITE PHYSICAL, MENTAL OR ECONOMIC CIRCUMSTANCES, AND PROGRAMS SUPPORTING ELDERLY INDEPENDENT LIVING. THE "FUND FOR OKC" ALSO PROVIDES GRANTS WHICH ADDRESS ISSUES IN THE COMMUNITY AS THEY ARISE. IN ADDITION THE MARGARET ANNIS BOYS TRUST CONTINUED TO SUPPORT GRANTS THAT BEAUTIFY PUBLIC LAND, WITH AN EMPHASIS ON PROJECTS LOCATED IN PUBLIC PARKS. A NEW INITIATIVE WAS LAUNCHED IN 2014 TO PROMOTE THE INTEGRATION OF PHYSICAL ACTIVITY, GOOD NUTRITION AND OTHER HEALTHY LIFESTYLE CHOICES INTO THE DAILY ROUTINES OF CHILDREN AND ADULTS LIVING IN OKLAHOMA COUNTY.
THE OKLAHOMA CITY COMMUNITY FOUNDATION SUPPORTS SCHOLARSHIP INITIATIVES THAT ENCOURAGE STUDENTS TO ATTAIN THE HIGHEST LEVEL OF EDUCATION AND TRAINING. OUR INITIATIVES INCLUDE" THE "OCCF SCHOLARS" PROGRAM FOR STUDENTS WHO EXCEL IN AREAS OTHER THAN GPA; THE "FOUNDATION OF PROMISE" PROGRAM FOR STUDENTS WHO WILL BE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE; THE "OKLAHOMA YOUTH WITH PROMISE" PROGRAM DESIGNED FOR CHILDREN IN FOSTER CARE; THE "NON-TRADITIONAL STUDENT" PROGRAM FOR ADULTS RE-ENTERING COLLEGE AND THE "NURSE EDUCATION" PROGRAM TO ASSIST NURSING STUDENTS AT FIVE LOCAL HOSPITALS.
THE OKLAHOMA CITY COMMUNITY FOUNDATION'S "CHARITABLE ORGANIZATION ENDOWMENT" (COE) PROGRAM IS THE COMMUNITY'S LEADING ADVOCATE FOR ENDOWMENT DEVELOPMENT AND HAS OVER 40 YEARS OF EXPERIENCE IN EFFECTIVE ENDOWMENT ADMINISTRATION. THE FOUNDATION PROVIDES SERVICES AND RESOURCES THAT ADD VALUE TO THE MORE THAN 350 ORGANIZATIONS PARTICIPATING IN THE COE PROGRAM, WITH THE GOAL OF PROVIDING THESE CHARITIES THE OPPORTUNITY TO STRENGTHEN THEIR ORGANIZATIONS.
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 |
|---|---|---|---|
Nancy B Anthony President | Officer | 50 | $344,265 |
Joel Schwartz Dir Of It | 45 | $200,781 | |
Rhonda Godwin Sec/vp Of Administration | Officer | 50 | $190,034 |
Elizabeth Eickman Dir Of Kirkpatrick Fam Fnd | Officer | 0 | $173,507 |
Joe Carter Vice Pres Development | 45 | $158,093 | |
Brian J Dougherty Dir Of Mab Trust | 45 | $148,317 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jordan Advertising Advertising Agency | 6/29/20 | $554,935 |
Jp Morgan Chase Investment Manager | 6/29/20 | $263,206 |
Broadridge Matrix Trust Company Investment Aggregator | 6/29/20 | $165,794 |
Earnest Partners Investment Manager | 6/29/20 | $168,392 |
Blackrock Investment Manager | 6/29/20 | $150,855 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,266,001 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $45,743,108 |
| Noncash contributions included in lines 1a–1f | $9,281,417 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,009,109 |
| Total Program Service Revenue | $1,306,257 |
| Investment income | $7,425,943 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,501 |
| Net Gain/Loss on Asset Sales | $6,542,085 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,878,290 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $68,785,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,686,187 |
| Grants and other assistance to domestic individuals. | $2,882,152 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $781,870 |
| Compensation of current officers, directors, key employees. | $483,196 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,985,599 |
| Pension plan accruals and contributions | $260,717 |
| Other employee benefits | $271,674 |
| Payroll taxes | $241,583 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,611 |
| Fees for services: Accounting | $61,059 |
| Fees for services: Lobbying | $15,600 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $694,700 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,637 |
| Office expenses | $90,528 |
| Information technology | $286,696 |
| Royalties | $0 |
| Occupancy | $133,416 |
| Travel | $25,517 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $491,869 |
| Insurance | $0 |
| All other expenses | -$158,977 |
| Total functional expenses | $32,417,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,864,168 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $111,989 |
| Net Land, buildings, and equipment | $8,281,151 |
| Investments—publicly traded securities | $559,546,077 |
| Investments—other securities | $9,916,357 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,455,044 |
| Total assets | $584,174,786 |
| Accounts payable and accrued expenses | $944,121 |
| Grants payable | $13,535,896 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,425,415 |
| Total liabilities | $18,905,432 |
| Net assets without donor restrictions | $198,225,651 |
| Net assets with donor restrictions | $367,043,703 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $584,174,786 |
Grants Awarded
Over the last fiscal year, Oklahoma City Community Foundation Inc has awarded $20,419,263 in support to 459 organizations.
| Grant Recipient | Amount |
|---|---|
Oklahoma City, OK PURPOSE: GENERAL PURPOSES | $1,477,499 |
Oklahoma City, OK PURPOSE: GENERAL PURPOSES | $1,134,807 |
CHEROKEE HILLS BAPTIST CHURCH PURPOSE: GENERAL PURPOSES | $840,484 |
OKLAHOMA EDUCATIONAL TELEVISION AUTHORITY PURPOSE: GENERAL PURPOSES | $702,591 |
Weatherford, OK PURPOSE: GENERAL PURPOSES | $500,000 |
Oklahoma City, OK PURPOSE: GENERAL PURPOSES | $388,332 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oklahoma City Community Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Anne And Henry Zarrow Foundation Tulsa, OK PURPOSE: OKLAHOMA DISASTER FUND FOR ANIMAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $529,104,184 |
| Earnings | $17,573,140 |
| Admin Expense | $5,218,260 |
| Net Contributions | $51,009,109 |
| Other Expense | $2,630,480 |
| Grants | $24,568,339 |
| Ending Balance | $565,269,354 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northeast Arkansas Clinic Char Foundation Inc Jonesboro, AR | $24,103,701 | $92,884,472 |
Denver Foundation Denver, CO | $852,362,353 | $146,305,774 |
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX | $306,692,518 | $97,887,988 |
St Louis Community Foundation Incorporated St Louis, MO | $404,378,232 | $92,826,893 |
Christian Community Foundation Inc Colorado Springs, CO | $312,024,471 | $137,774,056 |
Community First Foundation Arvada, CO | $454,604,459 | $83,094,542 |
Arkansas Community Foundation Inc Little Rock, AR | $423,064,038 | $36,585,354 |
Austin Community Foundation Austin, TX | $299,194,596 | $73,533,997 |
San Antonio Area Foundation San Antonio, TX | $363,969,632 | $131,999,201 |
Rose Community Foundation Denver, CO | $306,490,409 | $19,047,360 |
Oklahoma City Community Foundation Inc Oklahoma City, OK | $584,174,786 | $68,785,609 |
Community Foundation Of North Texas Fort Worth, TX | $381,870,729 | $45,000,711 |