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George Kaiser Family Foundation

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

EIN: 731574370 ✦ Tulsa, OK ✦ Designated as a 501(c)(3)

Overview

What is George Kaiser Family Foundation?

George Kaiser Family Foundation is a charitable organization based in Tulsa, Oklahoma, serving as a Type I supporting organization of the Tulsa Community Foundation. With a team of 377 employees, the foundation is dedicated to combating poverty and improving community well-being through investments in early childhood education, community health, social services, and civic enhancement. The foundation's work aligns with the charitable purposes of the Tulsa Community Foundation, as stated in IRC Section 509(a)(3), and primarily focuses on enhancing the lives of individuals and communities by supporting programs and projects consistent with this mission.


Official website here: www.gkff.org

Is George Kaiser Family Foundation legitimate?

George Kaiser Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. George Kaiser 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.

Here are some key statistics you may want to consider:

Executive Compensation: $2,194,999
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,889,569

For more financial information, click here


Official website here: www.gkff.org

What is the mission statement of George Kaiser Family Foundation?

The George Kaiser Family Foundation is a charitable organization committed to making a significant impact on poverty through investments in various areas. Its primary objectives include early childhood education, community health, social services, and civic enhancement. The foundation functions as a supporting organization of publicly supported charities described in Sections 501(c)(3) and 509(a)(1) or (2) of the Internal Revenue Code. The George Kaiser Family Foundation aims to contribute to the causes these charities support and aligns with their charitable purposes.


Official website here: www.gkff.org

Who is the CEO of George Kaiser Family Foundation?

Ken Levit is the Exec. Director of George Kaiser Family Foundation.


Official website here: www.gkff.org

What is the revenue of George Kaiser Family Foundation?

George Kaiser Family Foundation's revenue in 2022 was $813,108,548.


Official website here: www.gkff.org

Who are the executives of George Kaiser Family Foundation and what are their salaries?

The average compensation at George Kaiser Family Foundation during 2022 was $34,707. There are 377 employees at George Kaiser Family Foundation.

Here are 16 key members and their salaries:

    Robert Thomas (Chief Inv. Off.)
  • Compensation: $997,249
  • Related: $0
  • Other: $55,320

    • Ken Levit (Exec. Director)
  • Compensation: $774,250
  • Related: $0
  • Other: $55,320

    • Phil Lakin (Board Of Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $575,598
  • Other: $58,355

    • William J Stava Iii (Sr Program Officer)
  • Compensation: $454,000
  • Related: $88,440
  • Other: $57,498

    • John Budd (Chief Op Officer)
  • Compensation: $416,479
  • Related: $0
  • Other: $34,997

    • Brian Zorb (Investment Officer)
  • Compensation: $384,904
  • Related: $0
  • Other: $65,008

    • Reid Spears (Sr Program Officer)
  • Compensation: $351,385
  • Related: $0
  • Other: $45,447

    • Annie Van Hanken (Sr Program Officer)
  • Compensation: $351,500
  • Related: $0
  • Other: $42,348

    • Frederic Dorwart (Board Of Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Frohlich (Board Of Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily L Kaiser (Board Of Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leah M Kaiser (Board Of Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip A Kaiser (Board Of Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chester Cadieux Iii (Board Of Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Owens (Board Of Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rose Washington (Board Of Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gkff.org

    Where can I find the form 990 for George Kaiser Family Foundation?

    The George Kaiser Family Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gkff.org

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

    Mission Statement of George Kaiser Family Foundation

    The George Kaiser Family Foundation, or GKFF, is a charitable organization with a mission to make a significant impact on poverty by investing in various sectors. Its primary focus lies in early childhood education, community health, social services, and civic enhancement. By engaging in activities that align with the charitable purposes of publicly supported organizations described in Sections 501(c)(3) and 509(a)(1) or (2) of the Internal Revenue Code, GKFF aims to bring about positive change.

    This Tulsa, Oklahoma-based foundation operates as a Type I supporting organization of the Tulsa Community Foundation. Its dedication extends beyond just providing financial support; it strives to make a tangible difference in the lives of those it serves. By directing its efforts towards breaking the cycle of poverty, GKFF aspires to create lasting, meaningful change. Early childhood education is a crucial component of this mission, as investing in the education of young children sets the foundation for their future success.

    Community health is another area where GKFF makes a substantial impact. By addressing health-related needs, the foundation ensures that individuals and families have the resources they need to thrive. Social services and civic enhancement initiatives further strengthen communities by addressing social issues and encouraging civic engagement.

    In summary, the George Kaiser Family Foundation is a dynamic and dedicated organization with a mission to break the cycle of poverty. Through strategic investments in early childhood education, community health, social services, and civic enhancement, GKFF empowers individuals and communities to reach their full potential.

    Impact

    This information is meant to be a general summary of George Kaiser Family Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The George Kaiser Family Foundation's impact is dedicated to breaking the cycle of poverty through investments in early childhood education, community health, social services, and civic enhancement. Through direct support of charitable organizations that engage in activities consistent with the goals of the Tulsa Community Foundation, GKFF strives to improve the lives of individuals and families in Tulsa, Oklahoma. Their initiatives include social services support and community health projects, aiming to create a positive and lasting impact on the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $261,529,723
  • Program Service Revenue: $0
  • Gross Receipts: $1,161,722,069

    • Assets and Liabilities:
  • Total Assets: $4,921,816,352
  • Total Liabilities: $238,790,662
  • Net Assets: $4,683,025,690
  • Organization Details

    Founding Year

    1999

    Principal Officer

    Ken Levit

    Main Address

    7030 S Yale Avenue 600, Tulsa, OK, 74136

    NTEE Category

    Code: T20 - Philanthropy

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