The assets of Norman's top foundation grew to $88,595,024 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 is 1 Norman foundation profiled in the DataBook. The combined total of the grants awarded by Norman foundations was $3,436,498.
Norman nonprofit organizations received 176 grants with a combined total of $13,189,514. The average grant to Norman nonprofit organizations was $74,940.
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 Norman were: 122 grants classified as Education, with a sub-total of $11,844,924; 9 grants classified as Human services-other, multipurpose, with a sub-total of $765,000; 5 grants classified as Health, general, rehabilitative, with a sub-total of $162,266.
Norman's largest foundation is the Sarkeys Foundation, whose assets of $88,595,024 give it a state-wide ranking of 10, as compared to the other 213 foundations profiled. The largest Norman grant, made by Samuel Roberts Noble Foundation, was to University Of Oklahoma Foundation in the amount of $2,822,868. The purpose was: Medicago Truncatula Genome Sequencing project.
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.
