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The Toby Keith Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204089800 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(3)

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Overview

What is The Toby Keith Foundation Inc?

The Toby Keith Foundation Inc, situated in Oklahoma City, Oklahoma, is a nonprofit organization mainly dedicated to supporting families of pediatric cancer patients seeking medical treatment in the Oklahoma City area. They operate the "OK Kids Korral," a state-of-the-art facility providing temporary lodging, ensuring families do not have to leave their own communities during their children's treatment. The foundation encourages the health and happiness of these patients by soliciting public support. Additionally, they contribute to local charities in Norman, Oklahoma, and across the state, demonstrating a broad scope of support. With a team of four individuals, the Toby Keith Foundation Inc strives to make a significant impact in the lives of those affected by pediatric cancer.


Official website here: www.tobykeithfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Toby Keith Foundation Inc has achieved an impressive 96% rating from Charity Navigator, which reflects its strong performance in accountability and finance. The foundation's score is bolstered by its commitment to transparency, evidenced by having an independent board consisting solely of eight members and maintaining a high standard for financial oversight and audit practices.

A notable strength of the organization is its program expense ratio of 90.72%, indicating that a significant portion of its resources is directed toward its programs rather than administrative costs. Additionally, the foundation has established sound governance practices, with policies for document retention and conflict of interest clearly outlined. However, it is worth noting that the foundation lacks a whistleblower policy, which could be a potential area for improvement in its governance framework.

Overall, the Toby Keith Foundation demonstrates a robust commitment to its mission and effective financial management. The high rating enhances its credibility and reassures donors of its accountability, although addressing the absence of a whistleblower policy could further strengthen its operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is The Toby Keith Foundation Inc legitimate?

The Toby Keith Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Toby Keith Foundation Inc 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: $105,255
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,796

For more financial information, click here


Official website here: www.tobykeithfoundation.org

What is the mission statement of The Toby Keith Foundation Inc?

The Toby Keith Foundation Inc's mission is centered around promoting the health and happiness of pediatric cancer patients. They accomplish this by mobilizing public support to operate the "OK Kids Korral," a state-of-the-art facility that offers temporary housing for families of pediatric cancer patients who need to relocate to Oklahoma City for medical treatment. In addition to providing temporary accommodation, the foundation also extends its support to local charities in the Norman, Oklahoma area, and across the state. Their mission is driven by the aim to assist these families during a challenging time, offering them a sense of community and support.


Official website here: www.tobykeithfoundation.org

Who is the CEO of The Toby Keith Foundation Inc?

Randal K Hatfield is the President of The Toby Keith Foundation Inc.


Official website here: www.tobykeithfoundation.org

What is the revenue of The Toby Keith Foundation Inc?

The Toby Keith Foundation Inc's revenue in 2022 was $1,613,309.


Official website here: www.tobykeithfoundation.org

Who are the executives of The Toby Keith Foundation Inc and what are their salaries?

The average compensation at The Toby Keith Foundation Inc during 2022 was $55,263. There are 4 employees and 25 volunteers at The Toby Keith Foundation Inc.


Here are 6 key members and their salaries:


Toby K Covel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia A Covel (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randal K Hatfield (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg A Hunter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry S Kimbrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juliet A Nees (Executive Director)
  • Compensation: $118,624
  • Related: $0
  • Other: $10,718


Official website here: www.tobykeithfoundation.org

Where can I find the form 990 for The Toby Keith Foundation Inc?

The Toby Keith Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tobykeithfoundation.org

Learn more at the official website: www.tobykeithfoundation.org

Mission Statement of The Toby Keith Foundation Inc

The Toby Keith Foundation Inc is dedicated to encouraging the health and happiness of pediatric cancer patients. To achieve this, the organization solicits public support to operate the "OK Kids Korral," a state-of-the-art facility that offers temporary housing for families of pediatric cancer patients. These families, who must leave their own communities to receive medical treatment in the Oklahoma City area, find solace and support in this facility. Beyond operating the OK Kids Korral, The Toby Keith Foundation also extends its benevolence to local charities in the Norman, Oklahoma area and throughout the state of Oklahoma. The foundation's mission is a testament to its commitment to supporting pediatric cancer patients and their families during their challenging journey towards recovery.

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Impact




October, 2024

The Toby Keith Foundation Inc has made a significant impact on the lives of pediatric cancer patients and their families. By operating the "OK Kids Korral," the foundation provides a crucial support system for families who must travel to Oklahoma City for medical treatment. This state-of-the-art facility offers temporary housing, allowing families to remain close to their loved ones during a challenging and often distressing time.

Through its commitment to encourage the health and happiness of these young patients, the foundation alleviates some of the burdens associated with cancer treatment. Families can focus on what truly matters—supporting their children—while enjoying a comfortable and welcoming environment.

In addition to the direct services provided at the OK Kids Korral, the foundation also contributes to local charities in Norman and across Oklahoma, further strengthening the community and expanding its support network for families in need. This holistic approach not only addresses immediate logistical challenges but also fosters a sense of hope and resilience among families facing the trials of pediatric cancer.




This information is meant to be a general summary of The Toby Keith Foundation Inc. 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.

Revenue
$1,613,309 (2022)
Expenses
$1,152,701 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,345
  • Gross Receipts: $2,168,486

Assets and Liabilities:

  • Total Assets: $10,890,011
  • Total Liabilities: $4,558,784
  • Net Assets: $6,331,227

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Organization Details

Founding Year

2006

Principal Officer

Randal K Hatfield

Main Address

818 NE 8TH STREET, OKLAHOMA CITY, OK, 73104

NTEE Category

Code: T30 - Philanthropy

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