George Kaiser Family Foundation

EIN: 731574370 501(c)(3) Philanthropy & Grantmaking

Tulsa, OK

Total Revenue
$736,156,680
Total Expenses
$263,309,460
Total Assets
$4,939,370,305
Net Assets
$4,729,734,572
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
OK
Principal Officer
Ken Levit
Phone
9184948823
Tax Period
2023-01-01 to 2023-12-31

George Kaiser Family Foundation, founded in 1999, is a major nonprofit in the Philanthropy & Grantmaking sector that reported $736.2M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $472.8M, a strong 64% operating margin.

Mission

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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $716,368,060
Program Service Revenue $0
Investment Income $23,575,199
Other Revenue $-3,786,579
TOTAL REVENUE $736,156,680

Expense Breakdown

Grants Paid $93,861,118
Salaries & Benefits $17,197,897
Fundraising Expenses $0
Program Expenses $189,736,057
Other Expenses $152,250,445
TOTAL EXPENSES $263,309,460

Year-over-Year Comparison

2023 2022 Change
Revenue $736,156,680 $813,108,548 -0.1%
Expenses $263,309,460 $241,426,057 +0.1%
Net Income $472,847,220 $571,682,491 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
3
Employees
492
Volunteers
N/A

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
2
$1,720,811
Total Directors
9
$1,467,213
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Frederic Dorwart Board of Dir. 5.00
Director
$0 $0 $0
Phil Lakin Board of Dir. 10.00
Director
$0 $65,339 $693,627
Emily L Kaiser Board of Dir. 1.00
Director
$0 $0 $0
Leah M Kaiser Board of Dir. 1.00
Director
$0 $0 $0
Philip A Kaiser Board of Dir. 1.00
Director
$0 $0 $0
Chester Cadieux III Board of Dir. 1.00
Director
$0 $0 $0
Ken Levit Exec. Director 40.00
Officer Director
$715,300 $58,286 $773,586
Ray Owens Board of Dir. 1.00
Director
$0 $0 $0
Rose Washington-Jones Board of Dir. 1.00
Director
$0 $0 $0
Robert Thomas Chief Inv. Off. 40.00
Officer
$900,797 $46,428 $947,225
John Budd Chief Op Officer 40.00
Highest
$424,901 $31,675 $456,576
Reid Spears Sr Program Officer 40.00
Highest
$394,885 $41,526 $436,411
Annie Van Hanken Sr Program Officer 40.00
Highest
$371,642 $38,905 $410,547
William J Stava III Sr Program Officer 35.00
Highest
$496,250 $66,282 $649,482
Julio Baden Executive Director 40.00
Highest
$362,970 $23,370 $386,340
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
2024 No data No data No data No data
2023 $736,156,680 $263,309,460 $4,939,370,305 $472,847,220
2022 $813,108,548 $241,426,057 $4,921,816,352 $571,682,491
2021 $213,681,742 $238,750,435 $5,269,362,275 $-25,068,693
2020 $147,545,498 $181,461,156 $4,216,369,136 $-33,915,658
Explore More Nonprofits
Top 100 Nonprofits in Oklahoma Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare George Kaiser Family Foundation with other nonprofits in Oklahoma and across the country.