Mary E Jones Student Trust

Tax-deductible

Oklahoma City, OK501(c)(3)EIN 73-6133947Revenue $73K in FY2025

On file with the IRS621 N Robinson Ave Ste 100, 73102-6229 · Oklahoma City, OKTax-exempt since Dec 1971Supporting organization — 509(a)(3)

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Support of oklahoma state university foundation scholarships

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$31K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $40K a year · 48% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$31K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
22 mo
of spending, in cash
Looks good: 21.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$73K
-12% vs prior year
Spent
$197K
To programs
80%
Net assets
$1.9M
By yearFY2020–FY2025
Revenue
$73K
FY2025▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2020$65K
FY2021$125K
FY2022$64K
FY2023$95K
FY2024$83K
FY2025$73K
Expenses
$197K
FY2025▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$78K
FY2021$63K
FY2022$67K
FY2023$165K
FY2024$174K
FY2025$197K
Net assets
$1.9M
FY2025▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.1M
FY2021$2.2M
FY2022$2.2M
FY2023$2.1M
FY2024$2.0M
FY2025$1.9M

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $157K Management & general 20% · $40K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $31K paid to officers and key staff.

Part VII, Section A · reportable compensation
$31,076Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Argent Trust Oklahoma$31,076$21,264$20,402———
Argent Trust Companydba Heritage———$20,872$21,900$19,375

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.

See Mary E Jones Student Trust executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds scholarships for Oklahoma State University students.

Provided by the organization

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1 program · $157K · in their own filed words · FY2025
01

This trust is a section 509(a)(3) support organization for the oklahoma state university foundation. All allocations are made directly to the foundation. Oklahoma state university grants scholarships to students at oklahoma state university with the allocation.

$157Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $579K · 2020–2025
Oklahoma State Univ FoundationFY2025$157,334
Oklahoma State Univ FoundationFY2024$149,942
Oklahoma State Univ FoundationFY2023$138,925
Oklahoma State UniversityFY2022$40,854
Oklahoma State UniversityFY2021$36,671
Oklahoma State UniversityFY2020$55,539

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$73K
Ln 12
Investment incomeLn 3$73K
Money outPt IX
$197K
Ln 25
Programscol B$157K
Managementcol C$40K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$357K
Total assetsLn 16$1.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$73K
Gains on assetsLn 7−$16K
Total revenueLn 12$73K
Assets in detailPt X, end of year
CashLn 1−$3
SavingsLn 2$357K
Cash and savings togetherLn 1–2$357K
InvestmentsLn 11–13$1.5M
Total assetsLn 16$1.9M
LiabilitiesLn 26$0
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$210K$357K
InvestmentsLn 11–13$1.8M$1.5M
Total assetsLn 16$2.0M$1.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.0M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$157K$157K
Other salaries and wagesLn 7$36K$36K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$2K$2K
Other expenses (24a–d)Ln 24$1K$1K
Total functional expensesLn 25$197K$157K$40K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $73K$197K−$125K$1.9M 990 PDF
FY2024 $83K$174K−$92K$2.0M 990 PDF
FY2023 $95K$165K−$70K$2.1M 990 PDF
FY2022 $64K$67K−$3K$2.2M 990 PDF
FY2021 $125K$63K$62K$2.2M 990 PDF
FY2020 $65K$78K−$13K$2.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $72,586 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $81,925$72,586
I-11 Other revenuePrior year $998$0
I-12 Total revenuePrior year $82,923$72,586
I-13 Grants and similar amounts paidPrior year $149,942$157,334
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $21,264$36,071
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,274$4,060
I-18 Total expensesPrior year $174,480$197,465
I-19 Revenue less expensesPrior year −$91,557−$124,879
Part VI · Governance 0 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $72,586 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $88,936$88,936
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$16,350−$16,350
VIII-12 Total revenueExcluded from tax $72,586$72,586
Part IX · Statement of functional expenses $197,465 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $157,334$157,334
IX-7 Other salaries and wagesManagement $36,071$36,071
IX-11b Legal feesManagement $1,095$1,095
IX-11c Accounting feesManagement $1,844$1,844
IX-24 Other expenses (24a–d)Management $1,121$1,121
IX-25 Total functional expensesPrograms $157,334 · Management $40,131 · Fundraising $0$197,465
Part X · Balance sheet $1,901,527 assets, 7 lines filed
X-1 Cash, non-interest-bearing−$3
X-2 Savings and temporary cash investmentsStart of year $210,173$356,888
X-11 Publicly traded securitiesStart of year $1,816,233$1,544,642
X-16 Total assetsStart of year $2,026,406$1,901,527
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $2,026,406$1,901,527
X-33 Total liabilities and net assetsStart of year $2,026,406$1,901,527
Part XI · Reconciliation of net assets $1,901,527 net assets at year end
XI-1 Total revenue$72,586
XI-2 Total expenses$197,465
XI-3 Revenue less expenses−$124,879
XI-4 Net assets at start of year$2,026,406
XI-10 Net assets at end of year$1,901,527

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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