Overview
What is Hale Family Foundation?
The Hale Family Foundation serves as a Type 1 supporting organization for the Tulsa Community Foundation (TCF), a recognized 501(c)(3) entity. Its primary role is to distribute funds to TCF, which subsequently channels them to various charitable organizations. The Hale Family Foundation's mission aligns with the charitable objectives of TCF, as both organizations engage in activities that benefit the public and adhere to the guidelines set forth in sections 501(c)(3) and 509(A)(1) or (2) of the Internal Revenue Code. In essence, the Hale Family Foundation supports and amplifies the charitable endeavors of Tulsa Community Foundation, contributing to their collective goal of positively impacting the community.
Is Hale Family Foundation legitimate?
Hale Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hale Family Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hale Family Foundation?
The Hale Family Foundation is organized with the primary intent of supporting and aiding publicly recognized charitable organizations, falling under sections 501(C)(3) and 509(A)(1) or (2) of the Internal Revenue Code. These organizations engage in charitable activities that align with the charitable purposes of Tulsa Community Foundation. The foundation's mission is to contribute to and facilitate the functions of these charitable organizations, thereby promoting and advancing their causes. The Hale Family Foundation's activities are intended to be consistent with the charitable objectives of Tulsa Community Foundation.
What is the revenue of Hale Family Foundation?
Hale Family Foundation's revenue in 2023 was $1,361,728.
Who are the executives of Hale Family Foundation and what are their salaries?
There 5 volunteers at Hale Family Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $628,288
- Other: $65,339
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hale Family Foundation?
Hale Family Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hale Family Foundation
The Hale Family Foundation is established with a primary objective of supporting and contributing to the functions of organizations categorized under Section 501(C)(3) and 509(A)(1) or (2) of the Internal Revenue Code. These organizations, similar to the Tulsa Community Foundation, are publicly supported and carry out charitable activities that align with the charitable purposes of the Tulsa Community Foundation. The mission of the Hale Family Foundation is to benefit and aid these charitable organizations in their efforts, ensuring their continued operation and impact in their respective communities. The foundation's activities are centered around supporting organizations that engage in charitable activities, thereby contributing to the betterment of society.
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Impact
October, 2024
The Hale Family Foundation significantly impacts the Tulsa community by facilitating charitable activities that align with the goals of the Tulsa Community Foundation (TCF). Through its role as a Type 1 supporting organization, the foundation focuses on making strategic distributions to TCF, which is then able to implement these resources to support various charitable organizations throughout the region.
This model enhances the capacity of local nonprofits to address critical needs, foster community development, and drive social change. By leveraging its connections and resources, the Hale Family Foundation amplifies the reach and effectiveness of community support initiatives, ultimately improving the quality of life for individuals and families in Tulsa and surrounding areas. The foundation's commitment to philanthropy ensures a continuous flow of funding and support for vital community services, educational programs, and other charitable efforts, reinforcing its influence on local well-being and prosperity.
This information is meant to be a general summary of Hale Family Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,626,357
- Gross Receipts: $1,361,728
Assets and Liabilities:
- Total Assets: $20,607,906
- Total Liabilities: $1,064,559
- Net Assets: $19,543,347
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Organization Details
Founding Year
2004
Principal Officer
John Hale
NTEE Category
Code: T99 - Philanthropy
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