Overview
What is Oklahoma Bar Foundation?
The Oklahoma Bar Foundation (OBF) is a nonprofit organization based in Oklahoma City, with a mission to advance justice and provide essential legal services to those who cannot afford them. Through annual grant funds, the OBF supports various non-profit organizations across Oklahoma, ensuring critical civil legal aid and advocacy services are accessible to vulnerable populations such as children, seniors, veterans, and domestic violence victims. Furthermore, the OBF awards grants to non-profits that deliver law-related education programs, including schools from grade school to high school. In 2022, the OBF distributed grants to 37 organizations, potentially benefiting around 100,000 individuals and families. The total workforce of OBF consists of 4 dedicated individuals working towards promoting justice and legal awareness in their community.
Official website here: www.okbarfoundation.org/obf
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
The Oklahoma Bar Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the foundation demonstrates solid governance practices, including a fully independent board of members and thorough financial oversight. These high standards indicate a commitment to transparency and responsible management of resources.
Strengths highlighted in the evaluation include a high percentage of program expenses, which stands at 74.44%, suggesting that a significant portion of its budget directly supports its mission-related activities. The foundation also adheres to robust policies regarding conflicts of interest, whistleblower protections, and document retention, further emphasizing its dedication to ethical practices.
While the rating is highly favorable, it is essential to consider that this evaluation is primarily based on financial metrics and governance structures. There may be additional qualitative aspects of the foundation's work that are not captured in this score, but overall, the Oklahoma Bar Foundation demonstrates a strong commitment to financial integrity and accountability in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Oklahoma Bar Foundation legitimate?
Oklahoma Bar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma Bar 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: $191,498
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,529
For more financial information, click here
Official website here: www.okbarfoundation.org/obf
What is the mission statement of Oklahoma Bar Foundation?
The Oklahoma Bar Foundation's mission is centered around promoting justice, providing essential legal services to those in need, and enhancing public understanding of the American legal system. To achieve this, the foundation provides annual funding through grants. These grants support organizations that offer civil legal aid and advocacy services to individuals who cannot afford them, ensuring justice for vulnerable populations such as children, seniors, veterans, and victims of domestic violence. Additionally, grants are awarded to non-profits providing law-related education programs, benefiting students from grade school to high school. In 2022, the foundation granted funds to 37 organizations, impacting an estimated 100,000 individuals or families with law-related services.
Official website here: www.okbarfoundation.org/obf
Who is the CEO of Oklahoma Bar Foundation?
Valerie Couch is the President of Oklahoma Bar Foundation.
Official website here: www.okbarfoundation.org/obf
What is the revenue of Oklahoma Bar Foundation?
Oklahoma Bar Foundation's revenue in 2022 was $1,477,283.
Official website here: www.okbarfoundation.org/obf
Who are the executives of Oklahoma Bar Foundation and what are their salaries?
The average compensation at Oklahoma Bar Foundation during 2022 was $91,507. There are 4 employees and 27 volunteers at Oklahoma Bar Foundation.
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- Compensation: $156,626
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- Other: $34,872
Official website here: www.okbarfoundation.org/obf
Where can I find the form 990 for Oklahoma Bar Foundation?
Oklahoma Bar Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.okbarfoundation.org/obf
Learn more at the official website: www.okbarfoundation.org/obf
Mission Statement of Oklahoma Bar Foundation
The Oklahoma Bar Foundation, a non-profit organization, is dedicated to promoting justice, providing critical legal services to those in need, and increasing public awareness and understanding of the American legal system. This is achieved through annual grant funding. The foundation supports organizations that offer civil legal aid and advocacy services to Oklahoma residents who cannot afford such essential assistance. This funding ensures that justice is accessible to vulnerable populations such as children, seniors, veterans, and victims of domestic violence. Additionally, grants are awarded to non-profits that provide law-related education programs, catering to students from grade school to high school. In 2022, the Oklahoma Bar Foundation granted funds to 37 separate organizations, benefiting approximately 100,000 individuals and families with law-related services.
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Impact
July, 2024
The Oklahoma Bar Foundation's impact is significant in promoting the advancement of justice, providing critical civil legal services to those in need, and increasing public awareness and understanding of the American legal system. Through annual funding and grants, the foundation supports nonprofit organizations in Oklahoma that furnish civil legal aid and advocacy services to individuals who would otherwise not be able to afford them.
By awarding grants to organizations that provide law-related education programs to Oklahomans, including students from grade school through high school, the Oklahoma Bar Foundation ensures that justice is accessible to all Oklahoma children, seniors, veterans, victims of domestic violence, and other individuals in need. In 2022 alone, the foundation awarded grants to 37 separate organizations, benefiting an estimated 100,000 individuals and families who received law-related services.
This information is meant to be a general summary of Oklahoma Bar 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: $428,779
- Gross Receipts: $3,576,329
Assets and Liabilities:
- Total Assets: $17,257,093
- Total Liabilities: $29,629
- Net Assets: $17,227,464
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Organization Details
Founding Year
1949
Phone
(405) 416-7070Principal Officer
Valerie Couch
Main Address
1901 NORTH LINCOLN BOULEVARD, OKLAHOMA CITY, OK, 731054901
Website
www.okbarfoundation.org/obfNTEE Category
Code: I80 - Crime
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