Burton Foundation Inc
- Assets
- $34.3m
- Revenue
- $1.3m
- Investments
- $34.1m
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 09/2001
- Data as of
- 12/2023
- EIN
- 73-1584983
Organization Overview
Burton Foundation Inc is located in Oklahoma City, OK. The organization was established in 2001. 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. Burton 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 12/2023, Burton Foundation Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Burton Foundation Inc has awarded 642 individual grants totaling $12,310,092. 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 |
|---|---|---|---|
Gretchen Gray Secretary | 1 | $0 | |
Robert Gray Assistant Se | 1 | $0 | |
Joseph Gray President | 1 | $0 | |
Kari Blakley Assistant Se | 1 | $0 | |
Nancy Gaden Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goldman Sachs | 12/30/22 | $177,572 |
Foundation Management Inc | 12/30/22 | $166,264 |
Foundation Management Inc | 12/30/22 | $166,264 |
Goldman Sachs | 12/30/22 | $177,572 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $755,610 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $591,331 |
| Capital Gain Net Income | $591,331 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,346,941 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,354 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $38,762 |
| Printing and publications | $0 |
| Other expenses | $1,765 |
| Total operating and administrative expenses | $362,008 |
| Contributions, gifts, grants paid | $2,582,297 |
| Total expenses and disbursements | $2,944,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $272,731 |
| 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 | $11,145,900 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $34,326,621 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Burton Foundation Inc has awarded $2,582,297 in support to 92 organizations.
| Grant Recipient | Amount |
|---|---|
AID TO THE CHURCH IN NEED PURPOSE: UNRESTRICTED SUPPORT | $30,000 |
ALL SAINTS CATHOLIC SCHOOL PURPOSE: UNRESTRICTED SUPPORT | $2,000 |
ALFRED B MACLAY JR DAY SCHOOL PURPOSE: UNRESTRICTED SUPPORT | $15,000 |
AMERICAN RED CROSS - TULSA CHAPTER PURPOSE: UNRESTRICTED SUPPORT | $2,000 |
AMERICAN RIVERS PURPOSE: UNRESTRICTED SUPPORT | $2,500 |
AMHERST COLLEGE PURPOSE: AMHERST COLLEGE ROWING (UNRESTRICTED | $1,500 |