Oneok Foundation Inc
- Assets
- $25.6m
- Revenue
- $5.0m
- Investments
- $25.0m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 03/1997
- Data as of
- 12/2022
- EIN
- 73-1503823
Organization Overview
Oneok Foundation Inc is located in Tulsa, OK. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Oneok 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, Oneok Foundation Inc generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $5.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Oneok Foundation Inc has awarded 646 individual grants totaling $14,320,292. 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 |
|---|---|---|---|
Pierce H Norton Chairman; President; Director | 2 | $0 | |
Robert F Martinovich Director | 2 | $0 | |
Stephen B Allen Sr Vp; Asst Secr; Gen Counsel | 2 | $0 | |
Terri A Pirtle Executive Director | 2 | $0 | |
Charles M Kelley Director | 2 | $0 | |
Patrick W Cipolla Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,600,000 |
| Interest on Savings | $3,716 |
| Dividends & Interest | $1,188,143 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $167,625 |
| Capital Gain Net Income | $167,625 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,635 |
| Total Revenue | $4,964,119 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,715 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $873 |
| Total operating and administrative expenses | $53,071 |
| Contributions, gifts, grants paid | $4,936,265 |
| Total expenses and disbursements | $4,989,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $494,458 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $57,004 |
| Total assets | $25,575,279 |
| Accounts payable and accrued expenses | $212,410 |
| 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 | $0 |
| Total liabilities | $212,410 |
Grants Awarded
Over the last fiscal year, Oneok Foundation Inc has awarded $4,936,265 in support to 203 organizations.
| Grant Recipient | Amount |
|---|---|
A NEW LEAF INC PURPOSE: THE VILLAGE-PATHWAY CAPITAL CAMPAIGN | $50,000 |
ALEXANDER PUBLIC SCHOOL PURPOSE: 2022 PUBLIC SCHOOL GRANT | $2,350 |
AMERICAN CANCER SOCIETY INC PURPOSE: PROGRAM SUPPORT | $1,000 |
AMERICAN INDIAN CULTURAL CENTER FOUNDATION PURPOSE: CAPITAL CAMPAIGN FIRST AMERICANS MUSEUM | $40,000 |
AMERICAN RED CROSS-NORTHEAST OKLAHOMA REGION PURPOSE: SICKLE CELL DISEASE BLOOD DRIVE INITIATIVE | $25,000 |
ANAHUAC INDEPENDENT SCHOOL DISTRICT PURPOSE: 2022-23 PARTNERS IN EDUCATION SUPPORT | $5,000 |