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Bokf Foundation

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

EIN: 731580807 ✦ Tulsa, OK ✦ Designated as a 501(c)(3)

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Overview

What is Bokf Foundation?

The Bokf Foundation, located in Tulsa, Oklahoma, is a charitable organization dedicated to providing support to various social, civic, health, education, cultural, and other charitable initiatives. Acting as a partner to the Tulsa Community Foundation, the Bokf Foundation contributes to organizations that align with its charitable objectives, as outlined in sections 501(C)(3) and 509(A)(1) or (2) of the Internal Revenue Code. The foundation's activities are geared towards furthering the charitable goals of organizations like the Tulsa Community Foundation, thereby contributing to the betterment of their communities.

Is Bokf Foundation legitimate?

Bokf Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bokf 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 Bokf Foundation?

The Bokf Foundation, functioning as a supporting organization of Tulsa Community Foundation, is committed to serving and carrying out the purposes of 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 objectives of Tulsa Community Foundation. The Bokf Foundation's mission is to benefit these organizations and contribute to their charitable endeavors, thereby furthering their goals and promoting public welfare.

Who is the CEO of Bokf Foundation?

Philip Lakin Jr is the Vice President of Bokf Foundation.

What is the revenue of Bokf Foundation?

Bokf Foundation's revenue in 2022 was $2,558,715.

Who are the executives of Bokf Foundation and what are their salaries?

There 7 volunteers at Bokf Foundation.


Here are 4 key members and their salaries:


Philip Lakin Jr (Vice President)
  • Compensation: $0
  • Related: $575,598
  • Other: $58,355
Fred Dorwart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Paris (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Graham (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bokf Foundation?

Bokf Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bokf Foundation

The Bokf Foundation is a supporting organization that aligns with the charitable purposes of Tulsa Community Foundation, a publicly supported organization categorized under sections 501(C)(3) and 509(A)(1) or (2) of the Internal Revenue Code. Its mission is to benefit and carry out the functions of such charitable organizations, ensuring that their activities are consistent with the charitable objectives of Tulsa Community Foundation. The Bokf Foundation serves to amplify the impact of these organizations, contributing to their collective efforts in delivering charitable services to their respective communities.

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Impact




October, 2024

Bokf Foundation significantly impacts the Tulsa community by facilitating a wide range of charitable contributions to various social, civic, health, education, cultural, and other charitable organizations. With its mission to support publicly supported organizations like the Tulsa Community Foundation, Bokf Foundation plays a crucial role in enhancing the welfare of the community through funding and resources. By channeling funds to vital initiatives, it empowers organizations that address pressing local needs, enrich cultural offerings, and promote education and health. This support fosters a resilient community fabric, enabling various sectors to thrive and ensuring that essential services and programs continue to operate effectively.




This information is meant to be a general summary of Bokf 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.

Revenue
$2,558,715 (2022)
Expenses
$5,266,500 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$402,002
  • Gross Receipts: $7,880,845

Assets and Liabilities:

  • Total Assets: $16,132,802
  • Total Liabilities: $0
  • Net Assets: $16,132,802

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Organization Details

Founding Year

2000

Principal Officer

Philip Lakin Jr

Main Address

PO BOX 2300 11NW, TULSA, OK, 74192

NTEE Category

Code: T110 - Philanthropy

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