Catholic Foundation of Oklahoma Inc

EIN: 730773715 501(c)(3) Religion

Oklahoma City, OK

Total Revenue
$9,945,529
Total Expenses
$5,228,625
Total Assets
$93,110,614
Net Assets
$43,489,261
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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
OK
Principal Officer
Rebecca David
Phone
4057215651
Tax Period
2024-07-01 to 2025-06-30

Catholic Foundation of Oklahoma Inc, founded in 1965, is a community nonprofit in the Religion sector that reported $9.9M in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.7M, a strong 47% operating margin.

Mission

To inspire generosity leading to endowments and charitable funds supporting parishes, schools, and other ministries of the Catholic Church in central and western Oklahoma.

Program Service Accomplishments

Program 1
Expenses: $340,388 Revenue: $940,607

The Catholic Foundation was incorporated as a nonprofit entity whose mission is to procure and build endowment funds to support the ministries and entities of the Archdiocese of Oklahoma City. With...

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The Catholic Foundation was incorporated as a nonprofit entity whose mission is to procure and build endowment funds to support the ministries and entities of the Archdiocese of Oklahoma City. With the spiritual leadership and guidance of the Archbishop of Oklahoma City, the Foundation is managed by a Board of Directors, consisting of priests, deacons and professional lay men and women representing the various geographic areas of the Archdiocese of Oklahoma City. Program service statement continued on Schedule O.Endowment and Charitable Fund Stewardship:The Catholic Foundation of Oklahoma establishes and administers endowed funds and other charitable funds to provide long-term financial support for Catholic parishes, schools, ministries, and programs serving the Archdiocese of Oklahoma City. The Foundation works with donors to create funds that reflect their philanthropic intentions while ensuring professional investment management and responsible stewardship consistent with Catholic values and donor intent. Annual distributions from these funds provide sustainable financial support to Catholic ministries and programs across the archdiocese.During the year, the Foundation administered charitable and endowment funds providing annual distributions to support Catholic ministries, parishes, schools, and charitable programs.

Program 2
Expenses: $3,798,186

Grant Programs Supporting Parishes, Schools, and Ministries:The Foundation administers competitive and donor-directed grant programs that provide financial support to parishes, Catholic schools, and...

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Grant Programs Supporting Parishes, Schools, and Ministries:The Foundation administers competitive and donor-directed grant programs that provide financial support to parishes, Catholic schools, and ministries serving the Archdiocese of Oklahoma City. Grant funding supports a wide range of initiatives including parish ministry development, evangelization, Catholic education, faith formation, youth programs, and other pastoral and outreach activities that strengthen the mission of the Church. During the year, the Foundation awarded grants totaling $3,798,186 to parishes, schools, and ministries throughout the Archdiocese of Oklahoma City.

Program 3
Expenses: $88,203

Scholarship Programs:The Foundation administers donor-established scholarship funds that provide financial assistance to students pursuing higher education. These scholarships are awarded in...

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Scholarship Programs:The Foundation administers donor-established scholarship funds that provide financial assistance to students pursuing higher education. These scholarships are awarded in accordance with donor-established criteria, which may include academic achievement, financial need, leadership, and commitment to Catholic values. Scholarship programs help support the educational advancement and formation of students from the Archdiocese of Oklahoma City.During the year, the Foundation awarded approximately 37 scholarships totaling $88,203 to students attending colleges and universities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,262,141
Program Service Revenue $940,607
Investment Income $1,243,300
Other Revenue $499,481
TOTAL REVENUE $9,945,529

Expense Breakdown

Grants Paid $3,886,389
Salaries & Benefits $549,856
Fundraising Expenses $207,243
Program Expenses $4,226,777
Other Expenses $792,380
TOTAL EXPENSES $5,228,625

Year-over-Year Comparison

2024 2023 Change
Revenue $9,945,529 $5,949,197 +0.7%
Expenses $5,228,625 $3,922,918 +0.3%
Net Income $4,716,904 $2,026,279 +1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
14
Employees
8
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$502,785
Total Directors
16
$173,945
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter L de Keratry Executive Director (Until 10/2024) 18.80
Officer
$0 $25,169 $229,021
Brian McQuade Secretary/Treasurer 15.00
Officer Director
$0 $18,003 $106,523
Rebecca David Interim Executive Director 37.50
Officer
$80,199 $19,620 $99,819
Most Reverend Paul Coakley Chairman 10.00
Officer Director
$0 $23,700 $67,422
Steve Winkler President 2.00
Officer Director
$0 $0 $0
Whitney Hufnagel Past President 1.00
Officer Director
$0 $0 $0
Charles Duginski Vice President 1.00
Officer Director
$0 $0 $0
Kirk Broussard Director 1.00
Director
$0 $0 $0
Deacon Dean Cumby Director 1.00
Director
$0 $0 $0
Reverend Aaron Foshee Director 1.00
Director
$0 $0 $0
Gary Gatewood Director 1.00
Director
$0 $0 $0
Scott Hoffman Director 1.00
Director
$0 $0 $0
John Kelln Director 1.00
Director
$0 $0 $0
Thy Nguyen Director 1.00
Director
$0 $0 $0
Sabrina Olay Director 1.00
Director
$0 $0 $0
Joe Ray Director 1.00
Director
$0 $0 $0
Marianne Rooney Director 1.00
Director
$0 $0 $0
Vincent Trotta Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,945,529 $5,228,625 $93,110,614 $4,716,904
2024 No data No data No data No data
2023 $5,413,090 $3,394,390 $76,758,680 $2,018,700
2022 $9,807,383 $2,126,719 $72,656,929 $7,680,664
2021 $6,647,191 $2,055,187 $82,819,268 $4,592,004
2020 $3,957,421 $1,769,583 $68,003,383 $2,187,838
2019 $1,396,928 $1,040,731 $69,829,520 $356,197
2018 $2,492,409 $1,077,876 $67,546,116 $1,414,533
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