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Tulsa Community Foundation

EIN 73-1554474 · Tulsa, OK

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong95 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TCF IS ORGANIZED AND OPERATED FOR CHARITABLE PURPOSES PRIMARILY FOR THE LONG TERM BENEFIT OF THE TULSA METROPOLITAN AREA AND EASTERN OKLAHOMA CHARITABLE CAUSES.

Income
$297.9 million
Spending
$209.0 million
Spent on programs
99%
Reserves
60.2 months of spending
Largest source of income
donations and private grants, 80%
Employees
427
Volunteers
23
Highest pay
$725,134, chief executive officer

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 95 out of 100. Higher than 43% of charities in its peer group (philanthropy, over $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 60.2 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 30% of income.

  • Income trend

    10 of 15

    Income fell 10% on the year before.

  • Spending floor

    15 of 15

    99% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 38% of charities in its peer group (philanthropy, over $100m).

  • Independent board

    25 of 25

    23 of 25 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $178.1 million spent. THE FOUNDATION ACHIEVED ITS PRIMARY PURPOSE BY MAKING THOUSANDS OF CHARITABLE GRANTS AND PROVIDING CHARITABLE SERVICES TO SUPPORT THE CHARITABLE NEEDS OF THOSE IN THE TULSA METROPOLITAN AREA AND UNITED STATES. SEE SCHEDULE I FOR MORE INFORMATION.
  2. $28.1 million spent. SEE SCHEDULE O.IN ITS OTHER CHARITABLE SERVICES, TULSA COMMUNITY FOUNDATION OVERSEES SCHOLARSHIP FUNDS CREATED TO ENCOURAGE STUDENTS TO ATTAIN THE HIGHEST LEVEL OF EDUCATION AND TRAINING; EMERGENCY ASSISTANCE AND DISASTER RELIEF GRANTS TO RELIEVE THE EFFECTS OF POVERTY OR ASSIST THOSE WHO HAVE BEEN NEGATIVELY IMPACTED BY NATURAL/CIVIL DISASTERS; AND, ENDOWMENT FUNDS DESIGNATED TO BENEFIT OVER 300 CHARITABLE ORGANIZATIONS. TCF ALSO SUPPORTED THE WORK OF A WIDE VARIETY OF CHARITABLE PROJECTS INCLUDING, BUT NOT LIMITED TO, FOLDS OF HONOR, WHICH PROVIDES SCHOLARSHIPS TO FAMILIES WHO HAVE BEEN NEGATIVELY IMPACTED BY THE DEATH OR DISABILITY OF A PERSON ON ACTIVE MILITARY DUTY, AND HEALTHY MINDS POLICY INITIATIVE, WHICH HELPS INFORM OKLAHOMANS ADVANCE DATA-DRIVEN STRATEGIES TO OVERCOME OKLAHOMA'S SUBSTANCE USE CHALLENGES AND MEET THE MENTAL HEALTH NEEDS OF ALL OKLAHOMANS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 1999.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.