Sarkeys Foundation
- Assets
- $118.8m
- Revenue
- $6.3m
- Investments
- $113.8m
- Employees
- 0
- Location
- Norman, OK
- Founding
- 08/1964
- Data as of
- 11/2020
- EIN
- 73-0736496
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.
For the year ending 11/2020, Sarkeys Foundation generated $6.3m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $4.7m during the year ending 11/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATTACHMENT 17
ATTACHMENT 17
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Henry Executive Director | 40 | $209,366 | |
Linda English Weeks Sr. Program Officer | 40 | $107,359 | |
Natalie Carns Program Officer | 40 | $75,018 | |
Angela Holladay Dir. Of Grants Mgmt. | 40 | $74,265 | |
Laynie Gottsch Program Officer | 40 | $68,495 | |
Lori Sutton Op Officer/exec Asst | 40 | $56,943 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,311,570 |
| Dividends & Interest | $1,894,229 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,044,596 |
| Capital Gain Net Income | $2,998,418 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $61,504 |
| Total Revenue | $6,311,899 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $309,366 |
| Other employee salaries and wages | $491,202 |
| Pension plans, employee benefits | $99,082 |
| Interest | $0 |
| Taxes | $239,269 |
| Depreciation | $69,301 |
| Occupancy | $64,398 |
| Travel, conferences, and meetings | $15,517 |
| Printing and publications | $11,405 |
| Other expenses | $122,016 |
| Total operating and administrative expenses | $1,816,272 |
| Contributions, gifts, grants paid | $2,858,330 |
| Total expenses and disbursements | $4,674,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,696 |
| Savings and temporary cash investments | $3,262,692 |
| 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 | $6,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $19,365,669 |
| Net Land, buildings, and equipment | $1,585,691 |
| Other assets | $59,757 |
| Total assets | $118,803,495 |
| Accounts payable and accrued expenses | $49,404 |
| Grants payable | $2,247,900 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $231,096 |
| Total liabilities | $2,528,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wildcat Foundation Fort Worth, TX | $1,502,709 | $22,944,190 |
Jeremiah 924 Foundation Springfield, MO | $1,443,820 | $20,396,177 |
Scharbauer Foundation Inc Midland, TX | $204,622,700 | $50,992,703 |
Penner Family Foundation Bentonville, AR | $172,245,354 | $7,890,113 |
Shell Oil Company Foundation Houston, TX | $12,442,860 | $24,092,563 |
Robert & Janice Mcnair Foundation Houston, TX | $172,792,890 | $52,019,173 |
A R And Marylouise Tandy Foundation Tulsa, OK | $17,707,564 | $5,783,209 |
Henderson-Wessendorff Foundation Richmond, TX | $228,329,857 | $27,565,122 |
David Weekley Family Foundation Houston, TX | $118,581,415 | $15,382,555 |
Stemmons Foundation Irving, TX | $27,587 | -$659,646 |
Knobloch Family Foundation Houston, TX | $127,357,096 | $10,088,597 |
Eugene Mcdermott Foundation Dallas, TX | $149,741,866 | $91,443,837 |