Nonprofit · EIN 73-1574370
GEORGE KAISER FAMILY FOUNDATION
Tax-exempt · TULSA, OK 74136
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $549,695,640 | $274,018,679 | $275,676,961 | $5,090,304,364 | $178,699,370 | $4,911,604,994 |
| December 31, 2023 | 990 | $736,156,680 | $263,309,460 | $472,847,220 | $4,939,370,305 | $209,635,733 | $4,729,734,572 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $435,565,432
- Program service revenue
- $0
- Investment income
- $91,037,757
- Royalties
- $41,991
- Net rental income
- -$3,754,627
- Net gain from sales of assets
- $67,481
- Other revenue
- $23,092,451
Expenses
- Grants and similar amounts paid
- $83,811,354
- Compensation of officers, directors and key employees
- $4,281,178
- Other salaries and wages
- $12,882,047
- Salaries, compensation and benefits (total)
- $19,829,734
- Professional fundraising fees
- $0
- Legal fees
- $800,413
- Accounting fees
- $151,126
- Occupancy
- $26,166
- Travel
- $243,762
- Depreciation
- $846,131
- Program services (functional)
- $174,630,199
- Management and general (functional)
- $99,388,480
Balance sheet and other
- Total assets, start of year
- $4,939,370,305
- Total assets, end of year
- $5,090,304,364
- Total liabilities, end of year
- $178,699,370
- Net assets, end of year
- $4,911,604,994
- Land, buildings and equipment
- $200,683,329
- Publicly traded securities
- $709,114,139
- Gross unrelated business income
- $7,699,683
- Gross receipts
- $695,863,746
- Employees
- 561
- Volunteers
- 0
- Year formed
- 1999
- State of legal domicile
- OK
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Lisa Lambert | Chief Inv. Off.-Private Markets Officer | 40 | $1,021,583 | $0 | $48,914 |
| Ken Levit | Exec. Director Trustee or director, Officer | 40 | $719,500 | $0 | $71,981 |
| Phil Lakin | Board of Dir. Trustee or director | 10 | $0 | $642,204 | $82,930 |
| William J Stava III | Sr Program Officer Highest-paid employee | 35 | $491,562 | $86,800 | $64,188 |
| John Budd III | Chief Op Officer Officer | 40 | $443,552 | $0 | $34,846 |
| Annie Van Hanken | Sr Program Officer Highest-paid employee | 40 | $403,142 | $0 | $40,704 |
| Amy Santee | Chief Program Officer Highest-paid employee | 40 | $367,247 | $0 | $55,156 |
| Benjamin Stewart | Senior Program Officer Highest-paid employee | 40 | $367,491 | $0 | $41,252 |
| Reid Spears | Sr Program Officer Highest-paid employee | 40 | $377,814 | $0 | $18,218 |
| John Robson | Chief Acct Officer Officer | 40 | $235,857 | $0 | $30,249 |
| Frederic Dorwart | Board of Dir. Trustee or director | 5 | $0 | $0 | $0 |
| Emily L Kaiser | Board of Dir. Trustee or director | 1 | $0 | $0 | $0 |
| Leah M Kaiser | Board of Dir. Trustee or director | 1 | $0 | $0 | $0 |
| Philip A Kaiser | Board of Dir. Trustee or director | 1 | $0 | $0 | $0 |
| Chester Cadieux III | Board of Dir. Trustee or director | 1 | $0 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ray Owens | Board of Dir. Trustee or director | 1 | $0 |
| Rose Washington-Jones | Board of Dir. Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Robert Thomas | Chief Inv. Off. Officer | 40 | $900,797 | $0 | $46,428 |
| Ken Levit | Exec. Director Trustee or director, Officer | 40 | $715,300 | $0 | $58,286 |
| Phil Lakin | Board of Dir. Trustee or director | 10 | $0 | $628,288 | $65,339 |
| William J Stava III | Sr Program Officer Highest-paid employee | 35 | $496,250 | $86,950 | $66,282 |
| John Budd | Chief Op Officer Highest-paid employee | 40 | $424,901 | $0 | $31,675 |
| Reid Spears | Sr Program Officer Highest-paid employee | 40 | $394,885 | $0 | $41,526 |
| Annie Van Hanken | Sr Program Officer Highest-paid employee | 40 | $371,642 | $0 | $38,905 |
| Julio Baden | Executive Director Highest-paid employee | 40 | $362,970 | $0 | $23,370 |
| Frederic Dorwart | Board of Dir. Trustee or director | 5 | $0 | $0 | $0 |
| Emily L Kaiser | Board of Dir. Trustee or director | 1 | $0 | $0 | $0 |
| Leah M Kaiser | Board of Dir. Trustee or director | 1 | $0 | $0 | $0 |
| Philip A Kaiser | Board of Dir. Trustee or director | 1 | $0 | $0 | $0 |
| Chester Cadieux III | Board of Dir. Trustee or director | 1 | $0 | $0 | $0 |
| Ray Owens | Board of Dir. Trustee or director | 1 | $0 | $0 | $0 |
| Rose Washington-Jones | Board of Dir. Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7030 S YALE AVE STE 600, TULSA, OK 74136-5749
- Principal officer (990 for 2024)
- Ken Levit, 7030 S Yale Ave Suite 600, Tulsa, OK 74136
- Signed the 990
- Frederic G Dorwart, Director
- Phone
- (918) 494-8823
- Website
- www.gkff.org
Mission
The George Kaiser Family Foundation ("GKFF") is organized for the specific and primary purpose of benefiting, performing the functions of, or carrying out the purpose of that class of publicly supported organizations, including Tulsa Community Foundation, that are described in Sections 501(c)(3) and 509(a)(1) or (2) of the Internal Revenue Code, and that engage in charitable activities which are consistent with the charitable purposes of Tulsa Community Foundation. George Kaiser Family Foundation (GKFF) is a charitable organization based in Tulsa, Oklahoma. The foundation is a Type I supporting organization of the Tulsa Community Foundation as described in IRC Section 509(a)(3). The foundation is dedicated to breaking the cycle of poverty through investments in early childhood education, community health, social services and civic enhancement.
Program accomplishments
- Tulsa Community Foundation - Direct Support of Tulsa Community Foundation, the supported organization, and other directly related entities.Expenses $55,810,285 · grants $55,810,285
- Civic enhancement projects benefitting the citizens of Tulsa. This includes legacy programs Root Guides LLC, Tulsa Innovation Labs LLC, Tulsa Remote, ADPM, American Song Archives, Tulsa Artist Fellowship, InTulsa Initiative, Invest NorthTulsa, and Build in Tulsa.Expenses $46,553,144
- Indirect support of Tulsa Community Foundation, through direct support of charitable organizations that engage in charitable activities which are consistent with the charitable purposes of Tulsa Community Foundation, as well as government sponsored life enhancement projects. Includes social services support and community health initiatives.Expenses $28,001,069 · grants $28,001,069
- Salaries and Benefits related to Program ServicesExpenses $11,222,003
- Urban growth and renewal programs directly benefiting the citizens of Tulsa. Including NP36 and West Park.Expenses $15,147,687
- Educational initiatives including GKFF BEST and Atlas School.Expenses $13,011,199
- Gathering Place Operational ExpensesExpenses $4,637,312
- Legislative relations supporting early childhood education initiatives.Expenses $247,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 73-1574370
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T110)
- Assets (IRS master file)
- $5,090,304,364
- Income (IRS master file)
- $695,863,746
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $549,695,640 | $274,018,679 | $5,090,304,364 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $736,156,680 | $263,309,460 | $4,939,370,305 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $813,108,548 | $241,426,057 | $4,921,816,352 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-1574370).
Questions about GEORGE KAISER FAMILY FOUNDATION
- What is the EIN of GEORGE KAISER FAMILY FOUNDATION?
- The employer identification number (EIN) of GEORGE KAISER FAMILY FOUNDATION is 73-1574370.
- Is GEORGE KAISER FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to GEORGE KAISER FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does GEORGE KAISER FAMILY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GEORGE KAISER FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GEORGE KAISER FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GEORGE KAISER FAMILY FOUNDATION?
- The 990 for the year ended December 31, 2024 names Ken Levit.
- Who are the officers and directors of GEORGE KAISER FAMILY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 17 people; 9 received compensation from the organization, the highest $1,021,583 (Lisa Lambert, Chief Inv. Off.-Private Markets).
- How much revenue does GEORGE KAISER FAMILY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $549,695,640, expenses of $274,018,679 and total assets of $5,090,304,364 at year end.
Other nonprofits in TULSA
- TULSA COMMUNITY FOUNDATION EIN 73-1554474 · last filed 990 for 2024
- CHARLES AND LYNN SCHUSTERMAN FAMILY FOUNDATION EIN 73-1312965 · last filed 990-PF for 2024
- CROSSSEED INC EIN 99-3164735 · last filed 990 for 2024
- ASBJORNSON FOUNDATION EIN 73-1582633 · last filed 990-PF for 2024
- J A & LETA M CHAPMAN CHARITABLE TR EIN 73-6112228 · last filed 990 for 2024
- JOSEPH W CRAFT III FOUNDATION EIN 73-1514539 · last filed 990-PF for 2024
- WILLIAM K WARREN FOUNDATION EIN 73-0609599 · last filed 990-PF for 2024
- BOKF FOUNDATION EIN 73-1580807 · last filed 990 for 2024
All nonprofits in TULSA · Oklahoma · Philanthropy, voluntarism and grantmaking foundations