Tulsa Community Foundation FY2023 filing
Administers scholarships, disaster relief grants, and endowment funds to support charitable organizations and individuals in the Tulsa metropolitan area and eastern Oklahoma. For fiscal year 2023 it reported $329.5M in revenue, $216.7M in expenses, and $933.6M in net assets.Pt I
- Founded
- 1998
- Type
- Public foundation / grantmaker · Foundations & Grantmakers
- Location
- Tulsa, OK
- Website
- www.tulsacf.org
- Filings
- 5 on file (2020–2023)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Phil Lakin JR’s $642K as Chief Executive Officer is at the 71st percentile of top reported officer pay among 129 $100M+ philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Phil Lakin JR | $642,204 | $628,288 | $575,598 | $482,136 | $546,094 |
| John Bernard | — | — | $240,820 | $136,383 | $151,887 |
| Michael Dodson | $236,277 | — | — | — | — |
| Mike Dodson | — | $224,412 | $195,552 | $165,187 | $173,655 |
| Zachary Stoycoff | $191,851 | $180,232 | $170,650 | $144,475 | $123,568 |
| Kristin Karlin | $184,738 | $172,084 | $148,584 | — | — |
| Gina Bradford | $171,167 | $159,444 | — | — | — |
| Elizabeth Parducci | $163,564 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
The foundation achieved its primary purpose by making thousands of charitable grants and providing charitable services to support the charitable needs of those in the tulsa metropolitan area and united states. See schedule I for more information.
See schedule o.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 96% | — | — |
| Overhead ratio | 4% | — | — |
| Fundraising cost ratio | 0.2% | — | — |
| Revenue growth | 38% | — | — |
| Investment management fee ratio | 0.2% | — | — |
| Legal fee ratio | <0.01% | — | — |
| Accounting fee ratio | 0.03% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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