NonprofitsOklahoma City Economic Development Foundation Inc

Community Improvement & Capacity Building

Oklahoma City Economic Development Foundation Inc

OKLAHOMA CITY, OK

Total revenue

$4.9M

Total expenses

$5.2M

Net assets

$1.5M

Grants received

$1.6M

18 grants

EIN

731123147

Tax year

2024

Mission

To create new jobs and payroll in the oklahoma city region.

Programs

3 programs

The foundation partners with the oklahoma city chamber on various programs with the most significant being the forward oklahoma city program. Forward oklahoma city is a five year economic development program designed to meet specific needs and overcome obstacles to quality job growth. Efforts primarily focus on (1) marketing the city of oklahoma city as a relocation site to expand the local job base, (2) enhancing the local k-12 education opportunities, (3) addressing talent retention and attraction, and (4) other miscellaneous programs that support economic development efforts.

Expenses: $1.6MGrants: $1.5M

The foundation has received two grants from the department of commerce economic development administration. Grant 1 relates to the build back better regional challenge and grant 2 relates to the oklahoma biotech innovation cluster collaborative.

Expenses: $749K

The greater oklahoma city partnership was organized to work with the ten county region to promote various economic development programs in the greater oklahoma city region.

Expenses: $112K

Financials

FY 2024

Revenue

Contributions & grants$1.8M
Program service revenue$3.0M
Investment income$44K
Other revenue
Total revenue$4.9M

Expenses

Grants paid$1.5M
Salaries & benefits
Fundraising
Other expenses$3.7M
Total expenses$5.2M
Total assets$2.9M
Net assets$1.5M

People

17 listed

NameRoleCompensation

GILLENWATER CHRISTY

PRESIDENT & CEO

Board

1 hrs/wk

TRAUSCHKE SEAN

IMMEDIATE PAST CHAIR

Board

1 hrs/wk

ROSE TERESA

BOARD CHAIR

Board

1 hrs/wk

HART JOHN

TREASURER

Board

1 hrs/wk

RAINBOLT DAVID

BOARD MEMBER

Board

1 hrs/wk

BENNETT CLAYTON

BOARD MEMBER

Board

1 hrs/wk

HATFIELD JUDY

BOARD MEMBER

Board

1 hrs/wk

HOOPER RHONDA

BOARD MEMBER

Board

1 hrs/wk

LANCE BILL

BOARD MEMBER

Board

1 hrs/wk

MCDANIEL TOM

BOARD MEMBER

Board

1 hrs/wk

MEYER JENNY LOVE

BOARD MEMBER

Board

1 hrs/wk

MUNCRIEF RICK

BOARD MEMBER

Board

1 hrs/wk

NICHOLS J LARRY

BOARD MEMBER

Board

1 hrs/wk

SHORTRIDGE W KENT

BOARD MEMBER

Board

1 hrs/wk

ROSS MICHAEL

CORPORATE SECRETARY

Board

1 hrs/wk

FUNK JR BOB

BOARD MEMBER

Board

1 hrs/wk

DENNY BABARA

CFO / VP OF OPERATIONS

Board

1 hrs/wk

Independent contractors

ERRIS CONSULTING GROUP LLC

CONSULTING

$105K

Grants received

Showing 18 of 18

FromAmountPurposeYear
$660K
GENERAL SUPPORT
2024
$113K
GENERAL OPERATIONS
2024
$50K
To help fund Forward Oklahoma City VI for to help grow and build a new economy, improve the business climate and create an irresistible quality of life for OKC.
2024
$80K
GENERAL OPERATIONS
2023
$79K
GENERAL OPERATIONS
2022
$50K
FORWARD OKC VI
2022
$45K
HUMAN SERVICE-MULTIPURPOSE & OTHER
2022
$10K
Educational Outreach Program
2022
$50K
GRANTS: FORWARD OKC VI; 250000.00; 06/16/2020
2021
$150K
GBETA OKLAHOMA CITY (GBETA OKC); 150000.00; 04/26/2021
2020
$98K
GENERAL OPERATIONS
2020
$50K
GRANTS: FORWARD OKC VI; 250000.00; 06/16/2020
2020
$30K
GENERAL SUPPORT
2020
$20K
General purposes
2020
$12K
ASSIST DONEE IN GENERAL CHARITABLE ACTIVITIES
2020
$3K
SPONSORSHIPS: STATE OF THE CITY (END OF 2021) $1,500 AND STATE OF THE SCHOOLS (AUGUST 2021) $1,500; 3000.00; 12/30/2020
2020
$50K
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2018

Funded by

$1.6M from 9 funders · 18 grants · 2018–2024

Oge Energy Corp Foundation Inc

$690K · 2 grants · 2020–2024

Tulsa Community Foundation

$371K · 4 grants · 2020–2024

Inasmuch Foundation

$303K · 5 grants · 2020–2022

Love Family Affiliated Fund

$65K · 2 grants · 2020–2022

Arvest Foundation

$50K · 1 grant · 2024

Jpmorgan Chase Foundation

$50K · 1 grant · 2018

Eddie Foundation Inc

$12K · 1 grant · 2020

American Fidelity Foundation

$10K · 1 grant · 2022

Details

EIN731123147
NTEE codeS11
Subsection03
Ruling date1981-07
Formed1981
Employees0
Volunteers16
OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC — Mission, Financials & Grants Received | Grantivo