H A & Mary K Chapman Charitable Trust
- Assets
- $51.9m
- Revenue
- $4.6m
- Investments
- $49.4m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 07/1976
- Data as of
- 12/2022
- EIN
- 73-6177739
Organization Overview
H A & Mary K Chapman Charitable Trust is located in Tulsa, OK. The organization was established in 1976. 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. H A & Mary K Chapman Charitable Trust 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, H A & Mary K Chapman Charitable Trust generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A - THE H.A. & MARY K.CHAPMAN CHARITABLE TRUST IS A NON-OPERATING PRIVATE FOUNDATION WHICH MAKES GIFTS TO CHARITABLE ORGANIZATIONS. THE FOUNDATION DOES NOT OPERATE
ANY FACILITY OR INSTITUTION UNDERTAKING A CHARITABLE, EDUCATIONAL OR RELIGIOUS ENDEAVOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donne W Pitman Manager & Co-Trustee | 15 | $235,063 | |
Andie Doyle Manager & Co-Trustee | 15 | $234,925 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,723 |
| Dividends & Interest | $2,577,115 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,013,915 |
| Capital Gain Net Income | $2,013,915 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$2,320 |
| Total Revenue | $4,597,433 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $573,156 |
| Other employee salaries and wages | $104,957 |
| Pension plans, employee benefits | $42,976 |
| Interest | $0 |
| Taxes | $25,427 |
| Depreciation | $3,729 |
| Occupancy | $61,810 |
| Travel, conferences, and meetings | $15,811 |
| Printing and publications | $0 |
| Other expenses | $40,254 |
| Total operating and administrative expenses | $1,015,105 |
| Contributions, gifts, grants paid | $2,560,000 |
| Total expenses and disbursements | $3,575,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $2,498,559 |
| Net Accounts receivable | $25,504 |
| 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 | $2,421,965 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $51,875,348 |
| 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 |