Tulsa Christian Foundation Inc
- Assets
- $4.9m
- Revenue
- $288.6k
- Investments
- $4.8m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 05/1969
- Data as of
- 12/2022
- EIN
- 73-0771408
Organization Overview
Tulsa Christian Foundation Inc is located in Tulsa, OK. The organization was established in 1969. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tulsa Christian Foundation Inc 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 12/2022, Tulsa Christian Foundation Inc generated $288.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $468.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Tulsa Christian Foundation Inc has awarded 218 individual grants totaling $2,775,440. 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 |
|---|---|---|---|
Dr Robert Mahaffey President | 1 | $0 | |
Mike Davis Vice President/treasurer | 5 | $12,000 | |
Ron Magnusson Secretary | 1 | $0 | |
William C Bequette Director | 1 | $0 | |
Roy Riggs Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $69 |
| Dividends & Interest | $57,330 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $231,243 |
| Capital Gain Net Income | $231,243 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $288,642 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,015 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,308 |
| Total operating and administrative expenses | $23,823 |
| Contributions, gifts, grants paid | $444,890 |
| Total expenses and disbursements | $468,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,126 |
| Savings and temporary cash investments | $90,357 |
| 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 | $4,769,815 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,548 |
| Total assets | $4,879,846 |
| 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 | $225 |
| Total liabilities | $225 |
Grants Awarded
Over the last fiscal year, Tulsa Christian Foundation Inc has awarded $444,890 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN TRANSFORMATIONAL NETWORK LTD PURPOSE: SUPPORT THE SPREADING OF THE GOSPEL. | $10,000 |
ALAMEDA CHURCH OF CHRIST PURPOSE: SUPPORT THE SPREADING OF THE GOSPEL. | $12,000 |
BIBLE LEAGUE PURPOSE: SUPPORT THE SPREADING OF THE GOSPEL. | $12,000 |
CAMPUS MINISTRY UNITED PURPOSE: CAMPUS MINISTRY UNITED | $12,000 |
CHINA NOW PURPOSE: SUPPORT THE SPREADING OF THE GOSPEL. | $2,500 |
CHRISTIAN URBAN DEVELOPMENT ASSOCIATION PURPOSE: ONE HALF OF THE SALARY OF PATY MONTOYA | $16,000 |