Overview
What is Oklahoma Blood Institute Foundation?
The Oklahoma Blood Institute Foundation is a nonprofit organization, with a base in Oklahoma City, Oklahoma. Its primary objective is to support the mission-driven activities, services, and programs of the Oklahoma Blood Institute, a different nonprofit entity. The foundation aims to utilize funds for a Non-Profit Innovation Ambassador, who will promote the adoption of Oklahoma Blood Institute's patented Thank the Donor platform and related technologies among various nonprofits. This initiative seeks to make these innovations commercially sustainable, thus reducing the burden on Oklahoma Blood Institute and helping it gain recognition in the nonprofit sector. The foundation's ultimate goal is to establish a self-sustaining model, rather than having Oklahoma Blood Institute bear the financial responsibility for these advancements.
Is Oklahoma Blood Institute Foundation legitimate?
Oklahoma Blood Institute Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma Blood Institute 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
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What is the mission statement of Oklahoma Blood Institute Foundation?
The Oklahoma Blood Institute Foundation's mission is centered around supporting the mission-related activities, services, and programs of the Oklahoma Blood Institute. The foundation was established specifically for this purpose, aiming to enhance the institute's initiatives in an innovative manner. A notable part of their mission involves utilizing a Patented Thank the Donor platform and related technologies to encourage non-profit organizations to adopt these innovations. By doing so, the foundation aims to help the Oklahoma Blood Institute transform into a self-sustaining entity within the non-profit world, rather than bearing the financial burden of these innovations alone.
Who is the CEO of Oklahoma Blood Institute Foundation?
John B Armitage Md is the President/Ceo/ Exec. Comm. Dir. of Oklahoma Blood Institute Foundation. The CEO's salary of Oklahoma Blood Institute Foundation is $0 and their total compensation is $823,518.
What is the revenue of Oklahoma Blood Institute Foundation?
Oklahoma Blood Institute Foundation's revenue in 2022 was $110,679.
Who are the executives of Oklahoma Blood Institute Foundation and what are their salaries?
There 9 volunteers at Oklahoma Blood Institute Foundation.
Here are 6 key members and their salaries (Oklahoma Blood Institute Foundation's CEO's salary is $0 and their total compensation is $823,518):
- Compensation: $0
- Related: $742,599
- Other: $80,919
- Compensation: $0
- Related: $306,974
- Other: $57,819
- Compensation: $0
- Related: $15,570
- 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 Oklahoma Blood Institute Foundation?
Oklahoma Blood Institute Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oklahoma Blood Institute Foundation
The Oklahoma Blood Institute Foundation, a supporting entity established for the Oklahoma Blood Institute, is dedicated to funding mission-related activities, services, and programs. Its primary goal is to facilitate the adoption of innovative technologies, such as their patented 'Thank the Donor' platform, by a multitude of non-profit organizations. By doing so, the Foundation aims to make these technologies commercially sustainable, thereby alleviating the burden on the Oklahoma Blood Institute and enhancing its visibility within the non-profit sector. In essence, the Oklahoma Blood Institute Foundation serves as a catalyst for the innovation and growth of the Oklahoma Blood Institute, fostering a self-sustaining model within the non-profit world.
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Impact
October, 2024
Oklahoma Blood Institute Foundation significantly advances the mission-related activities and programs of the Oklahoma Blood Institute. Through targeted funding, it supports initiatives that enhance community engagement and blood donation efforts. A key focus is the development of innovative platforms like the patented "Thank the Donor" initiative, which recognizes and incentivizes blood donors.
By employing an Innovation Ambassador, the Foundation aims to expand the reach of these technologies across a network of nonprofits, fostering a model for commercial sustainability. This strategic approach not only alleviates the financial burden on the Oklahoma Blood Institute but also cultivates a broader culture of philanthropy within the nonprofit sector. The impact extends beyond immediate blood donation needs, contributing to a self-sustaining ecosystem that enhances the overall health and wellbeing of the community.
This information is meant to be a general summary of Oklahoma Blood Institute 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 2022.
- Investment Income: $110,679
- Gross Receipts: $110,679
Assets and Liabilities:
- Total Assets: $6,858,875
- Total Liabilities: $160,000
- Net Assets: $6,698,875
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Organization Details
Founding Year
2005
Phone
(405) 297-5700Principal Officer
John B Armitage Md
Main Address
1001 N LINCOLN BLVD, OKLAHOMA CITY, OK, 731043251
NTEE Category
Code: T30 - Philanthropy
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