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Oklahoma State University Foundation

Stillwater, OK · EIN 73-6097060 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Oklahoma State University Foundation reported $272.9 million in revenue and $195.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.17 went to program services, $8.36 to management and general costs and $11.47 to fundraising. Its largest source of revenue was contributions and grants: 55.8% of the total. The highest compensation it reported for one person was $952,222 (CHIEF INVESTMENT OFFICER). 53 people received more than $100,000 in reportable compensation. Revenue rose 63% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $195M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $273M

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

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
11.5%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.15$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
55.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
2.1%69.9%
Highest reported compensation
Part VII-A, columns D–F
$952,222$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.49%1.28%
People paid over $100,000
Part VII, line 2
538
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
99.113.3
Independent voting board members
Part VI 1a–1b
14 of 15100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$87M expenses · 55.6% of program spending · grants $31,969

Intercollegiate athletics includes the expenditure of funds donated for the benefit of men's and women's athletic programs at Oklahoma State University, including academic enrichment for student athletes, budget support for specific team sports and general budget support for the intercollegiate athletic department

$48M expenses · 30.7% of program spending · grants $30M · revenue $5.6M

General university support includes the expenditure of funds donated for student scholarships and the transfers of most gifts-in-kind donated to the university. These funds also support programs that sustain overall university purposes and objectives and improve quality of student life such as academic affairs, performing arts international and diversity studies, residential life, student affairs, and other instructive programs

$12M expenses · 7.5% of program spending

Facilities and equipment includes the expenditure of funds donated for capital improvement of the university campus, construction of new facilities, renovation of existing facilities, furnishings and equipment

$9.8M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF INVESTMENT OFFICER
Former
$0$877,531$74,691$952,222
COO & GENERAL COUNSEL
Former
$0$875,613$75,313$950,926
PRESIDENT
Director/trustee, officer, 50.0 hrs/week
$494,270$0$68,980$563,250
VP GENERAL COUNSEL
Officer, 50.0 hrs/week
$290,088$0$70,417$360,505
VP OF DEVELOPMENT
Former, 50.0 hrs/week
$322,726$0$36,738$359,464
VP ADMIN AND TREASURER
Former, 50.0 hrs/week
$298,538$0$30,858$329,396
AVP INFORMATION STRATEGY
Highest compensated employee, 50.0 hrs/week
$267,007$0$31,810$298,817
VP OF DEVELOPMENT
Officer, 50.0 hrs/week
$229,014$0$54,956$283,970

53 people received more than $100,000 in reportable compensation from Oklahoma State University Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.8M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$273M$195M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$273M$195M80.2%$1.61B$952,222
FY2024 ⓘ$243M$195M82.7%$1.51B$630,415
FY2023 ⓘ$281M$139M79.0%$1.44B$518,685
FY2022 ⓘ$253M$112M70.7%$1.26B$454,569
FY2021 ⓘ$191M$113M75.1%$1.22B$731,422
FY2020 ⓘ$168M$129M76.4%$997M$653,929

Governance answers, as filed

FY2025 · 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–1b15 · 14 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 2No
  • 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 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5233
  • Volunteers Part I, line 6100

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
TRACTORBEAM LP
Advertising and promotion
$714,539
EXPRESS SERVICES INC
Fundraising
$209,347
LEDBETTER CONSULTING LLC
Consulting services
$150,000
SHAKE RATTLE AND ROLL
Consulting service
$138,435
MERRY MAIDS
Custodial services
$133,315

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

49 private foundations reported grants to Oklahoma State University Foundation totaling $64M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Oklahoma State University 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 Oklahoma State University Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Oklahoma

Questions people ask

How much of Oklahoma State University Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Oklahoma State University Foundation reported that 80.2% of its $195.1 million in expenses went to program services, 8.4% to management and general and 11.5% to fundraising (Form 990, Part IX).

How much does Oklahoma State University Foundation pay its top executive?

The largest total compensation Oklahoma State University Foundation reported for one person in the fiscal year ending June 30, 2025 was $952,222, for the role of CHIEF INVESTMENT OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Oklahoma State University Foundation get its money?

Of $272.9 million in revenue in the fiscal year ending June 30, 2025, 55.8% came from contributions and grants and 2.1% from program service revenue (Form 990, Part VIII).

Is Oklahoma State University Foundation a registered charity?

The IRS lists EIN 73-6097060 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611289349302616 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521229349302392 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349306306 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349306096 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231339349308138 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349307408 · read the filing

All filings for EIN 73-6097060: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.