NonprofitsThe Oklahoma United Methodist Foundation Inc

The Oklahoma United Methodist Foundation Inc

OKLAHOMA CITY, OK

Total revenue

$6.0M

Total expenses

$4.2M

Net assets

$43.4M

Grants received

$106K

7 grants

EIN

730758119

Tax year

2024

Mission

To create and administer permanent charitable endowments to strengthen Methodist ministries in Oklahoma.

Programs

2 programs

Provided seminary scholarships for future Oklahoma United Methodist pastors allowing them to begin their ministry career without the burden of student loan debt.

Expenses: $273KGrants: $273K

Provided $144,000 funds to the Oklahoma United Methodist Circle of Care, Inc. to support foster care ministry and Pearls Hope Transitional Living Program for single mothers. Pearls Hope provides financial, educational, and familial resources to secure and maintain housing on their own. Pearls Hope serves women who are working to improve their lives or the lives of their children after intervention by the OK Department of Human Services. Remaining funds were for general support.

Expenses: $181KGrants: $181K

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$2.7M
Investment income$2.1M
Other revenue$107K
Total revenue$6.0M

Expenses

Grants paid$1.4M
Salaries & benefits$2.1M
Fundraising
Other expenses$715K
Total expenses$4.2M
Total assets$480.1M
Net assets$43.4M

People

22 listed

NameRoleCompensation

BILLY MEADE

PRESIDENT

Board

$262K

40 hrs/wk

DAVID BATTLES

EXECUTIVE VICE-PRESIDENT

Board

$231K

40 hrs/wk

JACOB BUSSELL

CONTROLLER & TREASURER

Board

$129K

40 hrs/wk

REV DERREK BELASE

BOARD MEMBER

Board

1 hrs/wk

BARBARA BRAUGHT

BOARD CHAIRPERSON

Board

1 hrs/wk

REV DAVID BURRIS

BOARD MEMBER

Board

1 hrs/wk

REV CAROL COOK MOORE

BOARD MEMBER

Board

1 hrs/wk

ALLEN EVANS

BOARD SECRETARY

Board

1 hrs/wk

JOE HALL

BOARD VICE-CHAIRPERSON

Board

1 hrs/wk

DONALD KIM

BOARD MEMBER

Board

1 hrs/wk

LINDA LAMBERT

BOARD MEMBER

Board

1 hrs/wk

STEVE LONG

BOARD MEMBER

Board

1 hrs/wk

REV TISH MALLOY

BOARD MEMBER

Board

1 hrs/wk

BISHOP LAURA MERRILL

BOARD MEMBER

Board

1 hrs/wk

BRIAN ROBERTS

BOARD MEMBER

Board

1 hrs/wk

KIRK WASHBURN

BOARD MEMBER

Board

1 hrs/wk

LINDA BRINKWORTH

BOARD MEMBER

Board

0

DOUG DOWLER

BOARD MEMBER

Board

0

DB GREEN

BOARD MEMBER

Board

0

JEFF HEDRICK

BOARD MEMBER

Board

0

ALAN HERNDON

DIRECTOR OF GIFT PLANNING

Staff

$136K

40 hrs/wk

DARRELL CATES

CONFERENCE & CHURCH RELATIONS

Staff

$129K

40 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$22K
For grant recipient's exempt purposes
2023
$25K
For grant recipient's exempt purposes
2022
$21K
General Purposes
2020
$10K
PROGRAM SUPPORT
2019
$16K
For grant recipient's exempt purposes
2018

Funded by

$106K from 5 funders · 7 grants · 2018–2023

Fidelity Investments Charitable Gift Fund

$63K · 3 grants · 2018–2023

Oklahoma City Retailers Foundation

$21K · 1 grant · 2020

Arizona Community Foundation

$10K · 1 grant · 2019

American Endowment Foundation

$5K · 1 grant · 2020

Details

EIN730758119
Subsection03
Ruling date2020-07
Formed1944
Employees14
THE OKLAHOMA UNITED METHODIST FOUNDATION INC — Mission, Financials & Grants Received | Grantivo