University of Oklahoma Foundation Inc
81% goes to programs $12 to raise $100 Strong reserves
University of Oklahoma Foundation Inc is a 501(c)(3) organization based in Norman, Oklahoma, registered in 1955, with $218,692,988 in FY2023 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
100 Timberdell Road, Norman, OK, 73019 EIN 73-6091755 Since 1955
Revenue (FY2023)
$218.7M
▼ 10.2% vs prior year
Education median: $200K
Expenses (FY2023)
$221.6M
Net assets
$2.3B
Employees
300
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating81% to programs · $12 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For University of Oklahoma Foundation Inc: 81% to programs · $12 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating123 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For University of Oklahoma Foundation Inc: 123 mo reserves · -1% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For University of Oklahoma Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For University of Oklahoma Foundation Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The university of oklahoma foundation is an independent charitable organization that facilitates and manages philanthropic gifts to support the university of oklahoma. with a culture of integrity, skill and persistence, we align the passions of donors and our alumni with the indelible mission of the university of oklahoma.
What they do
Student scholarshipsexpenditures made in accordance with the fund purpose ranging from unrestricted scholarships to restricted scholarships within a college/department or school of the university.
Salary supplementssuch expenditures are processed through the university's payroll system. upon receiving adequate documentation, the foundation will reimburse the university for such expenditures made in accordance with the fund purpose.
Facilities and equipmentexpenditures made in accordance with the fund purpose ranging from the purchase of lab equipment to construction of buildings within a department or school of the university.
Contact & location
- Address
- 100 Timberdell Road, Norman, OK, 73019
- City
- Norman
- State
- Oklahoma
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $157.9M (FY2013) to $218.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $502.6MNet assets $2.3B
Operating margin
-1.3%
Spent more than it raised in the latest fiscal year.
Total assets
$2.8B
Total liabilities
$502.6M
Net assets
$2.3B
Salaries & benefits
$10.6M
5% of expenses
Board members
22
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $218,692,988▼10.2% | $221,615,464▲10.8% | $2,266,737,119▲7.5% | $2,769,347,525▲7.5% | 990 |
| 2022 | $243,442,139▼4.4% | $199,969,998▲0.6% | $2,109,103,351▲6.2% | $2,575,373,616▲4.4% | 990 |
| 2021 | $254,552,099▲10.8% | $198,744,635▲36.7% | $1,985,788,435▼6.7% | $2,467,155,168▼5.6% | 990 |
| 2020 | $229,832,156▲35.7% | $145,348,410▲3.5% | $2,129,277,318▲34.0% | $2,614,502,882▲32.6% | 990 |
| 2019 | $169,341,360▼3.2% | $140,405,191▼7.6% | $1,588,929,491▲4.0% | $1,972,039,473▲2.7% | 990 |
| 2018 | $174,964,623▲13.1% | $151,990,297▼29.9% | $1,527,788,831▲7.4% | $1,920,482,771▲6.6% | 990 |
| 2017 | $154,635,712▲9.2% | $216,771,271▲55.9% | $1,423,005,295▲1.8% | $1,801,653,574▲5.7% | 990 |
| 2016 | $141,661,194▼16.8% | $139,008,295▲20.4% | $1,397,785,820▲6.0% | $1,704,746,681▲6.5% | 990 |
| 2015 | $170,325,961▼4.9% | $115,501,295▲18.4% | $1,319,163,782▲2.9% | $1,600,089,423▲3.2% | 990 |
| 2014 | $179,022,601▲13.4% | $97,551,229▼19.2% | $1,282,001,626▲11.0% | $1,550,934,820▲25.3% | 990 |
| 2013 | $157,910,478 | $120,787,036▲8.4% | $1,154,759,278▲15.7% | $1,238,053,467▲14.0% | 990 |
| 2012 | — | $111,421,808▲4.4% | $998,202,347▲8.8% | $1,085,755,620▲7.8% | 990 |
| 2011 | — | $106,731,536▲6.2% | $917,055,998▼2.6% | $1,007,093,948▼3.3% | 990 |
| 2010 | — | $100,538,455▼21.2% | $941,932,947▲25.8% | $1,041,248,690▲29.2% | 990 |
| 2009 | — | $127,591,755 | $748,830,244 | $805,919,519 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Brad Johnson — $733,626 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brad Johnson | Vice President and Cio | 40 | $733,626 |
| Guy L Patton | President and Ceo | 39 | $696,725 |
| Amy Noah | Vice President and Cao | 40 | $407,755 |
| Eugene Lohmeyer | Deputy Chief Investment Officer | 40 | $376,932 |
| Bonnie Kennedy | Vice President and Coo | 40 | $374,648 |
| Keith Peters | Vice President and General Counsel | 40 | $346,103 |
| Trent Wells | Vice President and Treasurer | 39 | $332,730 |
| Jordan Ellis | Of Counsel | 40 | $273,125 |
| Stacey Maxon | Assistant Vp For Advancement, Ou Helath Sciences | 40 | $249,625 |
| Mary Jill Hughes | Assistant Vp For Advancement, Norman Campus | 40 | $249,255 |
| Lauren Brookey | Assistant Vp For Advancement - Ou-tulsa | 40 | $216,462 |
| Kathy Harlin | Corporate Secretary | 40 | $161,381 |
| Alan Armstrong | Trustee | 1 | — |
| Annabel Jones | Trustee | 1 | — |
| Ann Cosgrove | Trustee | 1 | — |
| Bolaji Sofola | Trustee | 1 | — |
| Chris Anoatubby | Trustee | 1 | — |
| Dan Evatt | Trustee | 1 | — |
| Danny Heatly | Trustee | 1 | — |
| David Moffett | Vice-chair, Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cambridge Associates LLC | Investment Consultant | $585,000 |
| Mcafee & Taft | Legal Consultant | $272,460 |
| Parametric Portfolio Associates | Investment Consultant | $264,662 |
| Marketing Communication Resource Inc | Advertising | $200,511 |
| Hogantaylor LLP | Audit/tax Firm | $171,232 |
Grants received · $57.2M total
340 grants to University of Oklahoma Foundation Inc totaling $57.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Tulsa Community Foundation | General operations | 2024 | $3,690,975 |
| George Kaiser Family Foundation | Early childhood education loan forgiveness study | 2024 | $653,815 |
| Ayco Charitable Foundation | Education | 2024 | $589,000 |
| American Online Giving Foundation Inc | General support | 2024 | $400,717 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $145,700 |
| Charities Aid Foundation America | Charitable donation | 2024 | $130,088 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $106,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $103,000 |
| Greater Houston Community Foundation | Educational | 2024 | $91,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $77,000 |
| The Dallas Foundation | General support | 2024 | $56,000 |
| Servant Foundation | Community development | 2024 | $50,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $32,000 |
| American Endowment Foundation | Educational | 2024 | $31,500 |
| Community Foundation of North Texas | To support the construction of the new softball complex. please notify kendall mayer upon receipt | 2024 | $25,000 |
Grants made · $140.4M in FY2023
3 grants totaling $140.4M in FY2023. All grants made by University of Oklahoma Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Oklahoma | Salary supplements | $58,687,592 |
| University of Oklahoma | Facilities and equipment | $42,174,622 |
| University of Oklahoma | General education assistance | $39,544,519 |
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Frequently asked questions
- Is University of Oklahoma Foundation Inc a legitimate nonprofit?
- Yes. University of Oklahoma Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 73-6091755, based in Norman, Oklahoma. Donations are tax-deductible.
- What is University of Oklahoma Foundation Inc's EIN?
- University of Oklahoma Foundation Inc's Employer Identification Number (EIN) is 73-6091755.
- How much revenue does University of Oklahoma Foundation Inc report?
- University of Oklahoma Foundation Inc reported $218,692,988 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of University of Oklahoma Foundation Inc's spending goes to programs?
- University of Oklahoma Foundation Inc spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University of Oklahoma Foundation Inc have?
- CharityIndex grades University of Oklahoma Foundation Inc A, based on program efficiency and fundraising cost.
- How much does University of Oklahoma Foundation Inc's highest-paid employee make?
- The highest reported compensation on University of Oklahoma Foundation Inc's latest Form 990 is $733,626, paid to Brad Johnson (Vice President and Cio).
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Data for University of Oklahoma Foundation Inc (EIN 73-6091755) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.