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.”