2026-04-23T15:43:47-05:00 2025-06-30 135565207 KPMG LLP 55 SECOND STREET SUITE 1400 SAN FRANCISCO CA 94105 990 2024-07-01 736131373 LYNN COLBERT CHARITABLE FOUNDATION LYNN 5802517027 BANCFIRST PO BOX 1468 DUNCAN OK 73534 GEOFF JOHNSON TRUST OFFICER 5802517027 2026-04-13 1 1 ALISON LAKRITZ P01935980 4159635100 2024 2025-03-06 01:10:19Z GEOFF JOHNSON BANCFIRST 16 S 9TH ST DUNCAN OK 73533 12522156 0 X N/A X 1971 OK SEE SCHEDULE O. GRANT SCHOLARSHIPS TO STUDENTS ATTENDING MURRAY STATE COLLEGE ANDSUPPLEMENTAL OPERATIONAL FUNDS FOR MURRAY STATE COLLEGE. 5 2 0 2 0 0 0 0 0 0 2226313 2688677 2972517 2510590 5198830 5199267 3744156 3708111 0 0 306250 292853 0 0 0 455503 389658 4505909 4390622 692921 808645 51023067 51831712 0 0 51023067 51831712 GRANT SCHOLARSHIPS TO STUDENTS ATTENDING MURRAY STATE COLLEGE AND SUPPLEMENT OPERATIONAL FUNDS FOR MURRAY STATE COLLEGE. 0 0 3708111 3708111 THE LYNN COLBERT CHARITABLE FOUNDATION CONTINUES TO AWARD SCHOLARSHIPS TO STUDENTS ATTENDING MURRAY STATE COLLEGE. THE STUDENTS RECEIVING SCHOLARSHIPS INCLUDE RECIPIENTS FROM WITHIN STEPHENS COUNTY AS WELL AS OUTSIDE THE STEPHENS COUNTY AREA. SOME OF THE STUDENTS RECEIVED TUITION, FEE, & BOOK WAIVERS, WHILE OTHERS RECEIVED ON-CAMPUS HOUSING WAIVERS, AND A GROUP OF STUDENTS RECEIVED WAIVERS FOR BOTH. FUNDS ARE ALSO USED TO SUPPLEMENT OPERATIONAL FUNDS FOR MURRAY STATE COLLEGE AS CHOSEN BY LEADERSHIP OF MURRAY STATE. 3708111 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 2 0 1 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 OK X GEOFF JOHNSON BANCFIRST 5802517027 16 SOUTH 9TH STREET DUNCAN OK 73533 JUSTIN CELLUM CO-TRUSTEE 1.00 40.00 X 0 127564 23433 MARY SUE SUZIE BREWSTER CO-TRUSTEE 1.00 1.00 X 0 0 0 TIM FALTYN CO-TRUSTEE 1.00 40.00 X 0 328107 70420 ZAC POGUE CO-TRUSTEE 1.00 0.00 X 0 0 0 BANCFIRST CO-TRUSTEE 2.00 0.00 X 292853 0 0 292853 455671 93853 1 0 1 0 0 1652419 1652419 2510585 2510585 8359147 7322889 1036258 1036258 1036258 REFUND 900099 5 5 5 5199267 0 0 5199267 3708111 3708111 292853 292853 7334 7334 382324 382324 4390622 3708111 682511 0 537347 3214033 50446607 48578566 39113 39113 51023067 51831712 0 0 X 51023067 51831712 51023067 51831712 51023067 51831712 808645 0 X 0 0 0 X X 1 MURRAY STATE COLLEGE 736017987 2 1 3708111 0 1 3708111 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 FORM 990, PART IV, SECTION A, LINE 2 THE SUPPORTED ORGANIZATION, MURRAY STATE COLLEGE, IS A STATE UNIVERSITY AND THEREFORE NOT REQUIRED TO OBTAIN RECOGNITION OF ITS PUBLIC CHARITY STATUS. 1 MURRAY STATE COLLEGE ONE MURRAY CAMPUS TISHOMINGO OK 73460 736017987 STATE OF OK 3708111 0 COLLEGE SCHOLARSHIPS 1 PART I, LINE 2: THE FOUNDATION'S PRIMARY PURPOSE IS TO GRANT SCHOLARSHIPS TO STUDENTS ATTENDING MURRAY STATE COLLEGE. THE FOLLOWING ARE THE PROCEDURES FOR GRANTING SCHOLARSHIPS: 1. THE MURRAY STATE COLLEGE FINANCIAL ASSISTANCE COMMITTEE (FAC) WILL DETERMINE THE AMOUNT AND NUMBER OF SCHOLARSHIPS TO BE AWARDED. THERE WILL BE TWO TYPES OF SCHOLARSHIPS: ONE FOR TUITION, FEES, AND BOOKS, AND ONE FOR ON-CAMPUS HOUSING. PREFERENCE WILL BE GIVEN TO APPLICANTS FROM STEPHENS COUNTY. SCHOLARSHIP AWARDS FOR RESIDENTS OF ON-CAMPUS HOUSING WILL BE AVAILABLE IN AMOUNTS UP TO THE COST OF ROOM AND BOARD. THIS SCHOLARSHIP, WHEN COMBINED WITH OTHER TYPES OF AID, MAY NOT EXCEED THE STUDENT'S COST OF ATTENDANCE. FUNDS WILL BE UTILIZED FOR ADMINISTRATION COSTS, RECREATION AND PROMOTION, AND SCHOLARSHIPS. 2. THE FAC SUBCOMMITTEE CONSISTS OF THE CHAIR/FINANCIAL AID DIRECTOR, ONE ADDITIONAL MEMBER OF THE FAC, AND ONE LYNN COLBERT CHARITABLE FOUNDATION TRUSTEE. THE SUBCOMMITTEE WILL BE RESPONSIBLE FOR REVIEWING THE APPLICATIONS AND SELECTING SCHOLARSHIP RECIPIENTS. THE REVIEW WILL NEED TO BE COMPLETED AS SOON AS POSSIBLE AFTER THE APRIL 15 PRIORITY DEADLINE AS SCHOOL AWARDS ASSEMBLIES TAKE PLACE IN LATE APRIL AND EARLY MAY. THE SUBCOMMITTEE WILL TAKE INTO CONSIDERATION THE FOLLOWING CRITERIA WHEN SELECTING RECIPIENTS: (A) THE NEED OF THE APPLICANT; (B) THE CHARACTER OF THE APPLICANT; (C) THE SCHOLASTIC RECORD AND INTELLIGENCE OF THE APPLICANT (GPA AND ACT/SAT SCORES); (D) PREFERENCE WILL BE GIVEN TO APPLICANTS FROM STEPHENS COUNTY; (E) PREFERENCE WILL BE GIVEN TO RETURNING STUDENTS. 3. MURRAY STATE COLLEGE HAS DEVELOPED AN APPLICATION AND A BROCHURE TO PROMOTE THE SCHOLARSHIP. MURRAY STATE COLLEGE DISTRIBUTES THESE TO HIGH SCHOOL COUNSELORS. 4. ELIGIBILITY AND RETENTION CRITERIA WILL BE CONSISTENT WITH THAT OF THE ELIGIBILITY CRITERIA IN THE MURRAY STATE COLLEGE SCHOLARSHIP POLICIES AND PROCEDURES. STUDENTS MUST REAPPLY FOR THE SCHOLARSHIP ANNUALLY. 5. MURRAY STATE COLLEGE WILL BE RESPONSIBLE FOR NOTIFYING THE STUDENT OF THE SCHOLARSHIP AND PROVIDING A CERTIFICATE TO BE PRESENTED AT AWARDS ASSEMBLIES. 0 0 0 0 0 0 0 0 0 TIM FALTYN CO-TRUSTEE 0 317003 0 10000 0 1104 0 63171 0 7249 0 398527 0 0 JUSTIN CELLUM CO-TRUSTEE 0 127344 0 0 0 220 0 16184 0 7249 0 150997 0 0 FORM 990, PART VI, SECTION A, LINE 3 BANCFIRST, ACTING IN THE CAPACITY OF A CORPORATE TRUSTEE, HANDLES THE DAILY ACTIVITY ASSOCIATED WITH INVESTMENT MANAGEMENT AND CUSTODY OF THE FOUNDATION'S ASSETS. FORM 990, PART VI, SECTION A, LINE 7A THE TRUST AGREEMENT PROVIDES THAT THERE SHALL BE FIVE TRUSTEES, THREE OF WHOM ARE ELECTED BY THE GOVERNING BODY OF MURRAY STATE COLLEGE, THE FOURTH IS BANCFIRST, A CORPORATE TRUSTEE, AND THE FIFTH TRUSTEE IS A RESIDENT OF STEPHENS COUNTY, OKLAHOMA, WHO IS APPOINTED BY THE REMAINING TRUSTEES. FORM 990, PART VI, SECTION A, LINE 8B THE TRUST DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY SO THIS HAS BEEN APPROPRIATELY MARKED "NO." FORM 990, PART VI, SECTION B, LINE 11B BANCFIRST, CORPORATE TRUSTEE, ENGAGES A THIRD PARTY PAID PREPARER EXPERIENCED IN THE PREPARATION OF FORM 990 TO PREPARE THE RETURN. THE TRUSTEE WORKS CLOSELY WITH THE PAID PREPARER TO ADDRESS ANY QUESTIONS OR ISSUES RELATED TO THE RETURN. BANCFIRST WILL REVIEW THE RETURN AND PROVIDE COPIES OF THE RETURN TO ALL TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE CONSIDERED CONFIDENTIAL AND ARE NOT MADE AVAILABLE TO THE PUBLIC. MURRAY STATE COLLEGE ONE MURRAY CAMPUS TISHOMINGO OK 73460 736017987 COLLEGE OK N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0