The assets of Lawton's top foundations grew to $51,263,161 for the most recent year on record, according to the recently released Oklahoma Foundation DataBook, 2nd Ed. The 432-page DataBook lists every foundation in Oklahoma and profiles the top 214 Oklahoma grantmaking foundations, whose assets represent more than 99% of all Oklahoma foundation assets. The DataBook is the only directory in Oklahoma that lists every one of the 7,710 grants awarded by the state's largest foundations.
There are 3 Lawton foundations profiled in the DataBook. The combined total of the grants awarded by Lawton foundations was $2,725,882.
Lawton nonprofit organizations received 57 grants with a combined total of $2,745,377. The average grant to Lawton nonprofit organizations was $48,165.
Each of the 7,710 grants made by the profiled foundations is described using the 26 Major Field Areas of the National Taxonomy of Exempt Entities (NTEE) classification system, developed specifically to categorize nonprofit organizations. The top categories of foundation grants in Lawton were: 19 grants classified as Education, with a sub-total of $1,576,272; 9 grants classified as Community improvement, development, with a sub-total of $782,564; 12 grants classified as Arts, culture, humanities, with a sub-total of $297,794.
Lawton's largest foundation is the McMahon Foundation, whose assets of $48,300,006 give it a state-wide ranking of 14, as compared to the other 213 foundations profiled. The largest Lawton grant, made by McMahon Foundation, was to Lawton Public Schools in the amount of $920,000. The purpose was: Support special program, purchase furnishings for new facility, purchase technology equipment for students.
The combined asset amount of Oklahoma's top 214 foundations is $4,214,000,218. The foundations profiled in the DataBook are identified by careful cross checking of IRS and state public records (starting with the IRS 990 tax returns foundations are required to file), culling out dedicated purpose foundations or foundations which award scholarships exclusively.
A sample page from the Oklahoma Foundation DataBook, 2nd Ed. and screen-shots of the CD-ROM version of the DataBook are available at www.FoundationDataBook.com.
The Oklahoma Foundation DataBook, 2nd Ed., with the CD, is available for $150.00 from C&D Publishing, 1017 SW Morrison #500, Portland, OR 97205; (208) 743-0569. Price includes postage and handling.
