Sarkeys Foundation

Organization Overview

Sarkeys Foundation is located in Norman, OK. The organization was established in 1964. 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. Sarkeys 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 11/2022, Sarkeys Foundation generated $9.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $7.3m during the year ending 11/2022. While expenses have increased by 6.5% per year over the past 4 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 2021, Sarkeys Foundation has awarded 286 individual grants totaling $15,471,692. 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 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONPROFIT SUPPORT SURVEY AND PROGRAMAS A RESPONSE TO THE COVID CRISIS AND THE STRESS ON NONPROFITS SERVING THE OKLAHOMA PUBLIC, THE FOUNDATION ENGAGED YUUMA AND ITS LEADER, SANDY WRIGHT, TO INITITATE A SURVEY TO DETERMINE IF THOSE NONPROFITS WOULD BENEFIT FROM CRISIS MANAGEMENT AND SUPPORT. THE SURVEY DETERMINED THAT THIS WAS A GREAT NEED, BOTH DURING THIS COVID CRISIS AND LONG-TERM. THE FOUNDATION THEN ENGAGED MS. WRIGHT AND HER COMPANY TO WORK WITH FIVE ORGANIZATIONS, ON AN INDIVIDUAL BASIS TO DETERMINE SPECIFIC NEEDS FOR EACH ORGANIZATION AND WORK TOWARDS SOLUTIONS FOR EACH ORGANIZATION. THIS INITIAL PROJECT WAS COMPLETED IN FEBRUARY 2022.


DIRECT CHARITABLE ACTIVITIES TO SUPPORT LOCAL NONPROFITSPROPERTY EXPENSES AND UPKEEP OF OFFICES PLUS MINOR FURNITURE AND FIXTURES AND SUPPLIES TO ASSIST NONPROFIT ORGANIZATIONS, PROVIDING OFFICE SPACE, AND A MEETING CENTER TO PUBLIC CHARITIES. A THREE-YEAR LEASE AGREEMENT WAS RENEWED IN 2013 WITH BIG BROTHERS/BIG SISTERS OF CLEVELAND COUNTY AND MEALS ON WHEELS FOR OFFICE SPACE AT BELOW MARKET COST. THE SARKEYS STAFF ALSO PROVIDES OUTREACH SERVICES BY CONDUCTING NONPROFIT BOARD TRAININGS, FACILITATING BOARD RETREATS, AND HOSTING GRANT WRITING WORKSHOPS.


CONFERENCE CENTER EXPENSESTHE FOUNDATION'S MEETING CENTER, IN ADDITION TO HOLDING TRAINING SEMINARS AND WORKSHOPS, IS AVAILABLE FOR USE BY NONPROFIT ORGANIZATIONS FOR MEETING SPACE. STATE-OF-THE-ART AUDIO VISUAL EQUIPMENT IS AVAILABLE TO USERS OF THE MEETING CENTER. THE FOUNDATION'S NONPROFIT LIBRARY IS ALSO AVAILABLE FOR RESEARCH OR TO HOLD EVENTS FOR SMALLER GROUPS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jennison Associates
$61,361
Sellwood Consulting Llc
$89,385
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $310,791
Dividends & Interest $2,519,808
Net Rental Income$0
Net Gain on Sale of Assets $6,514,198
Capital Gain Net Income $6,674,864
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $259,901
Total Revenue $9,604,698

Grants Awarded

Over the last fiscal year, Sarkeys Foundation has awarded $8,383,806 in support to 157 organizations.

Grant RecipientAmount

CARE CENTER - CHILD ABUSE RESPONSE AND EVALUATION

Org PageRecipient Profile

Oklahoma City, OK

PURPOSE: THE CARE CENTER BUILDING EXPANSION

$250,000

CARE CENTER - CHILD ABUSE RESPONSE AND EVALUATION

Org PageRecipient Profile

Oklahoma City, OK

PURPOSE: THE CARE CENTER BUILDING EXPANSION

$250,000

HOME INTEGRATION INC

PURPOSE: LINDSEY CAMPUS CAPITAL CONSTRUCTION

$250,000

HOME INTEGRATION INC

PURPOSE: LINDSEY CAMPUS CAPITAL CONSTRUCTION

$250,000

HOME INTEGRATION INC

PURPOSE: LINDSEY CAMPUS CAPITAL CONSTRUCTION

$250,000

CROSSTOWN LEARNING CENTER INC

Org PageRecipient Profile

Tulsa, OK

PURPOSE: FIVE YEAR GRANT ($228,000.00 PER YEAR) TO BRING TEACHING STAFF SALARIES COMMENSURATE WITH PUBLIC SCHOOL TEACHING SALARIES.

$228,000
View Grant Profile

Peer Organizations

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