Charity Impact Media

Home › Philanthropy, voluntarism & grantmaking

George Kaiser Family Foundation

Tulsa, OK · EIN 73-1574370 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

George Kaiser Family Foundation reported $549.7 million in revenue and $274.0 million in expenses for calendar year 2024. Of every $100 it spent, $63.73 went to program services, $36.27 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 79.2% of the total. The highest compensation it reported for one person was $1,070,497 (Chief Inv. Off.-Private Markets). 113 people received more than $100,000 in reportable compensation. Revenue rose 273% between 2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $274M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $550M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
63.7%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
36.3%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
79.2%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$1,070,497$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.39%1.56%
People paid over $100,000
Part VII, line 2
1133
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
215.156.6
Independent voting board members
Part VI 1a–1b
3 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$56M expenses · 32.0% of program spending · grants $56M

Tulsa Community Foundation - Direct Support of Tulsa Community Foundation, the supported organization, and other directly related entities

$47M expenses · 26.7% of program spending

Civic enhancement projects benefitting the citizens of Tulsa. This includes legacy programs Root Guides LLC, Tulsa Innovation Labs LLC, Tulsa Remote, ADPM, American Song Archives, Tulsa Artist Fellowship, InTulsa Initiative, Invest NorthTulsa, and Build in Tulsa

$28M expenses · 16.0% of program spending · grants $28M

Indirect support of Tulsa Community Foundation, through direct support of charitable organizations that engage in charitable activities which are consistent with the charitable purposes of Tulsa Community Foundation, as well as government sponsored life enhancement projects. Includes social services support and community health initiatives

$44M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Chief Inv. Off.-Private Markets
Officer, 40.00 hrs/week
$1,021,583$0$48,914$1,070,497
Exec. Director
Director/trustee, officer, 40.00 hrs/week
$719,500$0$71,981$791,481
Board of Dir.
Director/trustee, 10.00 hrs/week
$0$642,204$82,930$725,134
Sr Program Officer
Highest compensated employee, 35.00 hrs/week
$491,562$86,800$64,188$642,550
Chief Op Officer
Officer, 40.00 hrs/week
$443,552$0$34,846$478,398
Sr Program Officer
Highest compensated employee, 40.00 hrs/week
$403,142$0$40,704$443,846
Chief Program Officer
Highest compensated employee, 40.00 hrs/week
$367,247$0$55,156$422,403
Senior Program Officer
Highest compensated employee, 40.00 hrs/week
$367,491$0$41,252$408,743

113 people received more than $100,000 in reportable compensation from George Kaiser Family Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.3M (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$250M$500M$750M$1.00B20202021202220232024$550M$274M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$550M$274M63.7%$4.91B$1,070,497
2023 ⓘ$736M$263M72.1%$4.73B$947,225
2022 ⓘ$813M$241M67.3%$4.68B$1,052,569
2021 ⓘ$214M$239M77.8%$4.95B$865,574
2020 ⓘ$148M$181M68.0%$3.84B$881,372

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 3 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5561

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Prescott Capital
Investment Management
$6,131,516
Fred Dorwart Lawyers
Legal Services
$3,291,169
Atento Capital LLC
Investment Management
$3,028,091
Morton Excavating LLC
Excavating
$1,940,375
American Institute for Research
Outcomes Research
$1,672,803

Individuals listed as contractors are left out. 51 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from George Kaiser Family Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for George Kaiser Family Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in Oklahoma

Questions people ask

How much of George Kaiser Family Foundation's spending goes to programs?

In calendar year 2024, George Kaiser Family Foundation reported that 63.7% of its $274.0 million in expenses went to program services, 36.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does George Kaiser Family Foundation pay its top executive?

The largest total compensation George Kaiser Family Foundation reported for one person in calendar year 2024 was $1,070,497, for the role of Chief Inv. Off.-Private Markets (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does George Kaiser Family Foundation get its money?

Of $549.7 million in revenue in calendar year 2024, 79.2% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is George Kaiser Family Foundation a registered charity?

The IRS lists EIN 73-1574370 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523219349308302 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403209349303760 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313199349313961 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203199349314520 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133199349303318 · read the filing

All filings for EIN 73-1574370: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.