Tulsa Community College Foundation
- Assets
- $22.4m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 04/1971
- Data as of
- 06/2022
- EIN
- 23-7103807
Organization Overview
Tulsa Community College Foundation is located in Tulsa, OK. The organization was established in 1971. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tulsa Community College 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 06/2022, Tulsa Community College Foundation generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $7.8m during the year ending 06/2022. While expenses have increased by 18.0% per year over the past 7 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 2018, Tulsa Community College Foundation has awarded 22 individual grants totaling $27,150,464. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TULSA COMMUNITY COLLEGE FOUNDATION PROVIDES SUPPORT TO TULSA COMMUNITY COLLEGE (TCC) AND ITS MISSION BY DEVELOPING KEY RELATIONSHIPS AND FINANCIAL RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMPAIGN FOR COMPLETION PROGRAMS: SUPPORT OF TCC FACILITIES, ADVISORS, AND ACADEMIC PROGRAMS. THIS YEAR THE WEST CAMPUS STUDENT SUCCESS CENTER WAS FINISHED AND METRO SCIENCE LAB WAS FINISHED; THE TEAM OF ACADEMIC ADVISORS WAS CONTINUED FROM LAST YEAR; CONTINUATION OF FUNDING VARIOUS TCC ACADEMIC PROGRAMS AND INITIATIVES.
BRIDGING THE GAP PROGRAM: TCC'S INFANT & TODDLER PROGRAM, WHICH TRAINS CHILDCARE WORKERS ON EARLY CHILDHOOD DEVELOPMENT AND EFFECTIVE TEACHING METHODS.
SUPPORT OF TCC COLLEGE STUDENTS, FACULTY, ACTIVITIES, AND PROGRAMS IN LINE WITH OUR CORE GOALS AND THE COLLEGE'S STRATEGIC PLAN
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $623,449 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,911,838 |
| Noncash contributions included in lines 1a–1f | $207,275 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,535,287 |
| Total Program Service Revenue | $0 |
| Investment income | $264,122 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $275,613 |
| Net Income from Fundraising Events | -$61,934 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,013,088 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,552,903 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $18,400 |
| Compensation of current officers, directors, key employees. | $18,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,448 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $76,041 |
| Fees for services: Other | $20,204 |
| Advertising and promotion | $4,518 |
| Office expenses | $3,540 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $7,976 |
| All other expenses | $0 |
| Total functional expenses | $7,828,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $283,342 |
| Savings and temporary cash investments | $8,670,862 |
| Pledges and grants receivable | $99,848 |
| 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 | $10,852 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $13,286,529 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,351,433 |
| Accounts payable and accrued expenses | $237,583 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $237,583 |
| Net assets without donor restrictions | $370,093 |
| Net assets with donor restrictions | $21,743,757 |
| 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 | $22,351,433 |
Grants Awarded
Over the last fiscal year, Tulsa Community College Foundation has awarded $7,308,247 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
TULSA COMMUNITY COLLEGE PURPOSE: CAPITAL PROJECTS | $3,796,667 |
TULSA COMMUNITY COLLEGE PURPOSE: TCC ACTIVITY SUPPORT | $3,027,686 |
TULSA COMMUNITY COLLEGE PURPOSE: SIGNATURE SYMPHONY | $280,224 |
TULSA COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $203,670 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Tulsa Community College Foundation has recieved totaling $2,065,108.
| Awarding Organization | Amount |
|---|---|
George Kaiser Family Foundation Tulsa, OK PURPOSE: GKFF Bridging the Gap | $1,010,000 |
George Kaiser Family Foundation Tulsa, OK PURPOSE: Cyber & Analytics Skills Center | $735,000 |
Tulsa Community Foundation Tulsa, OK PURPOSE: GENERAL OPERATIONS | $61,494 |
Hardesty Family Foundation Inc Tulsa, OK PURPOSE: CAPITAL/EQUIPMENT | $50,000 |
Oklahoma Educational Memorial Trust Foundation Tulsa, OK PURPOSE: SCHOLARSHIP GRANTS | $34,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $33,833 |
Endowment Analysis
| Beg. Balance | $17,070,850 |
| Earnings | -$2,322,199 |
| Net Contributions | $410,972 |
| Other Expense | $1,669,424 |
| Grants | $203,670 |
| Ending Balance | $13,286,529 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bacone Baptist Church Muskogee, OK | $8,262,001 | $7,873,102 |
Tulsa Community College Foundation Tulsa, OK | $22,351,433 | $4,013,088 |
Shorter College North Little Rock, AR | $8,338,765 | $8,311,177 |
The Metropolitan Community College Foundation Kansas City, MO | $16,663,239 | $3,405,477 |
Dallas County Community College District Foundation Inc Dallas, TX | $68,087,017 | $10,311,935 |
Jacksonville College Jacksonville, TX | $5,355,399 | $5,417,972 |
Crowleys Ridge College Paragould, AR | $5,358,943 | $3,865,992 |
North Harris Montgomery Community College District Foundation The Woodlands, TX | $39,494,296 | $6,076,044 |
Southwestern Christian College Terrell, TX | $4,746,786 | $3,502,099 |
Labette Community College Foundation Parsons, KS | $3,484,837 | $749,910 |
Northwest Arkansas Community College Foundation Inc Bentonville, AR | $44,091,991 | $5,872,868 |
Pikes Peak Communtiy College Foundation Inc Colorado Springs, CO | $5,356,337 | $1,290,429 |