Bokf Foundation

Analysis

Bokf Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bokf Foundation reported income of $8.7m and spending of $8.3m, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $7.9m to $8.7m (+9.9%), an average of +1.9% a year. The sharpest change came in the year to December 2023, when income rose by 240%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bokf Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OK. Charities of a similar size with the same main cause include Parkersburg Area Community Foundation Inc ($8.7m), Brooklyn Community Foundation ($8.7m) and Lensic Performing Arts Center Corporation ($8.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $16.5m against liabilities of $0, net assets of $16.5m.