Oklahoma City Community Foundation Distributing More Than $8 million to Deserving Charities

Charitable organization representatives with Nancy Anthony.

During October, we will be distributing more than $8 million in endowment earnings to nearly 360 charitable organizations in central Oklahoma. The distributions are made through our charitable organization endowment program, which is the largest program of its kind in the nation.

“The Oklahoma City Community Foundation administers permanent endowment funds for the benefit of hundreds of charitable and educational organizations through the Charitable Organization Endowment Program,” said Nancy Anthony, President. “Our extensive program impacts all interest areas for charities in our community and is instrumental to their stability, especially during uncertain economic times. We also provide development, communications, training, planned giving services, and online resources, while working with staff and board members of the organizations to help strengthen and increase their endowment funds.”

As of June 30, 2016, the total market value of funds administered through the program was $167 million. Annual distributions from the endowments begin at our distribution event each year in October and continue throughout the month.

“We want to thank the Oklahoma City Community Foundation for its longstanding commitment to making an impact in our community,” said Lyn Adams, Oklahoma Children’s Theatre executive director. “The Foundation has been with us since the very beginning of our more than 30-year existence. Our outreach programming started with a grant from the Foundation, jumpstarting our mission of reaching low-income communities. This endowment is bringing the arts to thousands of children unable to otherwise participate in the theatre’s programming.”

Beneficiaries of the endowment include a wide range of charitable organizations serving the community in areas such as education, health, community development, senior adult services, the environment, animal welfare, history and preservation, neighborhood associations, religious organizations, social services, arts and culture, and youth-serving organizations.

“Our endowment through the Oklahoma City Community Foundation is a vital component of our commitment to fighting hunger,” said Laura Lang, Regional Food Bank of Oklahoma vice president of development. “Through this program we are able to provide enough food to feed more than 116,000 hungry Oklahomans every week, 37 percent of which are children, through feeding programs including food pantries, homeless shelters, church pantries, soup kitchens, food resource centers and schools throughout central and western Oklahoma.”

For a complete list of charities and distribution amounts, click here. Learn more about our charitable organization endowment program here.

Growing Philanthropy Through Investment Performance

Since 1969, the Oklahoma City Community Foundation has worked with donors to create permanent endowments to serve the charitable needs of our community. Following the vision of our founder John Kirkpatrick, we have fostered the growth of these endowment funds through the stewardship of new gifts and sound investment and distribution practices.

Investment performance has significantly contributed to the growth of the Oklahoma City Community Foundation’s endowment assets. Each year, we receive new gifts from donors, and we make grants and distributions to community organizations through the endowment funds we administer. Since 2006, the Community Foundation has received $297 million in gifts and has granted more than $234 million back to the community. In the same time period, the market value of our assets increased from $485 million in 2006 to $850 million in 2016. More than 76 percent of this growth, or $302 million, was a result of investment performance.

Over time, steady investment performance provides a significant impact in the community. For example:

  • More than $444,000 in scholarships has been awarded to students formerly in Oklahoma’s foster care system from an endowment established in 1997 with a $211,000 gift from Willie Elizabeth Shipley’s estate. Today, this gift is worth $431,000 as a result of investment returns.
  • Since 1996, Sunbeam Family Services has received $153,000 in gifts to their charitable organization endowment fund. Today, these gifts are worth $245,000 and have provided $242,000 in distributions back to the organization.
  • In 1997, Red Earth received $101,000 in gifts to their charitable organization endowment fund. Today, the value of their endowment is $167,000, and they have received $182,000 in distributions from the investment return on these funds.

Investing our endowment assets for both security and long-term growth is just one of the many ways the Oklahoma City Community Foundation is growing philanthropy in our community. By establishing or giving to an endowment fund at the Oklahoma City Community Foundation, you can leverage investment performance to help your charitable gifts make a greater impact. To learn how we can help you grow your philanthropic impact, contact Joe Carter at 405/606-2914.