Civic Intelligence

University of Oklahoma Foundation Inc

EIN 73-6091755 • 501(c)3 • Norman, OK

Profile

The university of oklahoma foundation is an independent not-for-profitcorporation that encourages and supports charitable giving for the benefit of the university of oklahoma. The foundation acts as the principal organization through which those gifts are made and administered for the benefit of the university. The sole reason for its existence is to serve the university of oklahoma and the generous donors who support the university.

100 Timberdell RoadNorman, OK 73019

www.oufoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

34th percentile

0.18x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

2.30x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Net Margin

17th percentile

-1.3%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Top Officer Pay

20th percentile

$785,642

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

501(c)3 • $1B+ nonprofits • Source year 2024

Asset Growth

51st percentile

7.5%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-10%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,769,347,525

Up $193,973,909 (+7.5%) from 2023

Liabilities

Up

$502,610,406

Up $36,340,141 (+7.8%) from 2023

Net Assets

Up

$2,266,737,119

Up $157,633,768 (+7.5%) from 2023

Revenue

Down

$218,692,988

Down $24,749,151 (-10%) from 2023

Expenses

Up

$221,615,464

Up $21,645,466 (+11%) from 2023

Net Income

Down

-$2,922,476

Down $46,394,617 (-107%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0B$2.0B$1.0B$0Assets 2010: $805,919,519Liabilities 2010: $57,089,275Net Assets 2010: $748,830,2442010Assets 2011: $1,041,248,690Liabilities 2011: $99,315,743Net Assets 2011: $941,932,9472011Assets 2012: $1,007,093,948Liabilities 2012: $90,037,950Net Assets 2012: $917,055,9982012Assets 2013: $1,085,755,620Liabilities 2013: $87,553,273Net Assets 2013: $998,202,3472013Assets 2014: $1,238,053,467Liabilities 2014: $83,294,189Net Assets 2014: $1,154,759,2782014Assets 2015: $1,550,934,820Liabilities 2015: $268,933,194Net Assets 2015: $1,282,001,6262015Assets 2016: $1,600,089,423Liabilities 2016: $280,925,641Net Assets 2016: $1,319,163,7822016Assets 2017: $1,704,746,681Liabilities 2017: $306,960,861Net Assets 2017: $1,397,785,8202017Assets 2018: $1,801,653,574Liabilities 2018: $378,648,279Net Assets 2018: $1,423,005,2952018Assets 2019: $1,920,482,771Liabilities 2019: $392,693,940Net Assets 2019: $1,527,788,8312019Assets 2020: $1,972,039,473Liabilities 2020: $383,109,982Net Assets 2020: $1,588,929,4912020Assets 2021: $2,614,502,882Liabilities 2021: $485,225,564Net Assets 2021: $2,129,277,3182021Assets 2022: $2,467,155,168Liabilities 2022: $481,366,733Net Assets 2022: $1,985,788,4352022Assets 2023: $2,575,373,616Liabilities 2023: $466,270,265Net Assets 2023: $2,109,103,3512023Assets 2024: $2,769,347,525Liabilities 2024: $502,610,406Net Assets 2024: $2,266,737,1192024

Highlighted filing

2024

Assets$2,769,347,525
Liabilities$502,610,406
Net Assets$2,266,737,119

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300M$200M$100M$0-$100MExpenses 2010: $127,591,7552010Expenses 2011: $100,538,4552011Expenses 2012: $106,731,5362012Expenses 2013: $111,421,8082013Revenue 2014: $157,910,478Expenses 2014: $120,787,036Net Income 2014: $37,123,4422014Revenue 2015: $179,022,601Expenses 2015: $97,551,229Net Income 2015: $81,471,3722015Revenue 2016: $170,325,961Expenses 2016: $115,501,295Net Income 2016: $54,824,6662016Revenue 2017: $141,661,194Expenses 2017: $139,008,295Net Income 2017: $2,652,8992017Revenue 2018: $154,635,712Expenses 2018: $216,771,271Net Income 2018: -$62,135,5592018Revenue 2019: $174,964,623Expenses 2019: $151,990,297Net Income 2019: $22,974,3262019Revenue 2020: $169,341,360Expenses 2020: $140,405,191Net Income 2020: $28,936,1692020Revenue 2021: $229,832,156Expenses 2021: $145,348,410Net Income 2021: $84,483,7462021Revenue 2022: $254,552,099Expenses 2022: $198,744,635Net Income 2022: $55,807,4642022Revenue 2023: $243,442,139Expenses 2023: $199,969,998Net Income 2023: $43,472,1412023Revenue 2024: $218,692,988Expenses 2024: $221,615,464Net Income 2024: -$2,922,4762024

Highlighted filing

2024

Revenue$218,692,988
Expenses$221,615,464
Net Income-$2,922,476

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,769$503$2,267$219$222$2.92
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,575$466$2,109$243$200$43.5
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,467$481$1,986$255$199$55.8
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,615$485$2,129$230$145$84.5
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,972$383$1,589$169$140$28.9
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,920$393$1,528$175$152$23.0
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,802$379$1,423$155$217$62.1
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,705$307$1,398$142$139$2.65
2016Detailed filing. Detailed filing data is available for this year.$1,600$281$1,319$170$116$54.8
2015Detailed filing. Detailed filing data is available for this year.$1,551$269$1,282$179$97.6$81.5
2014Detailed filing. Detailed filing data is available for this year.$1,238$83.3$1,155$158$121$37.1
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,086$87.6$998$111
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,007$90.0$917$107
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,041$99.3$942$101
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$806$57.1$749$128
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$444,821,070
Mission and Program Overview

Mission

The university of oklahoma foundation is an independent not-for-profitcorporation that encourages and supports charitable giving for the benefit of the university of oklahoma. The foundation acts as the principal organization through which those gifts are made and administered for the benefit of the university. The sole reason for its existence is to serve the university of oklahoma and the generous donors who support the university.

The university of oklahoma foundation is an independent charitable organization that facilitates and manages philanthropic gifts to support the university of oklahoma. With a culture of integrity, skill and persistence, we align the passions of donors and our alumni with the indelible mission of the university of oklahoma.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,057,417,101$2,202,232,490▲ $144,815,389
Savings and Temporary Cash Investments$280,312,741$290,845,883▲ $10,533,142
Pledges and Grants Receivable$125,095,735$144,687,057▲ $19,591,322
Investments Program Related$46,282,072$46,709,665▲ $427,593
Land, Buildings, and Equipment, Net$30,586,322$30,179,776▼ $406,546
Cash and Non-Interest-Bearing Accounts$8,149,614$12,207,789▲ $4,058,175
Accounts Receivable$4,415,461$9,779,142▲ $5,363,681
Prepaid Expenses and Deferred Charges$240,002$0▼ $240,002
Total Assets$2,575,373,616$2,769,347,525▲ $193,973,909
Other Assets Total$22,874,568$32,705,723▲ $9,831,155
Liabilities
Other Liabilities$445,528,006$477,723,831▲ $32,195,825
Accounts Payable and Accrued Expenses$20,742,259$24,886,575▲ $4,144,316
Total Liabilities$466,270,265$502,610,406▲ $36,340,141
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,042,439,795$2,183,252,770▲ $140,812,975
Net Assets Without Donor Restrictions$66,663,556$83,484,349▲ $16,820,793
Total Net Assets Fund Balance$2,109,103,351$2,266,737,119▲ $157,633,768
Total Liabilities and Net Assets / Fund Balance$2,575,373,616$2,769,347,525▲ $193,973,909

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,739,546$1,875,432$4,614,978
Equipment$842,888$1,443,722$2,286,610
Land$26,597,342--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,674,428,912$48,908,984▲ $156,988,794$40,091,137$1,807,919,181
2023$1,637,403,947$39,788,710▲ $93,020,781$55,911,604$1,674,428,912
2022$1,774,601,369$62,913,868▼ $125,164,405$39,435,548$1,637,403,947
2021$1,265,078,982$131,035,792▲ $457,079,007$20,977,183$1,774,601,369
2020$1,250,649,754$32,973,485▲ $51,089,115$20,116,881$1,265,078,982
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brad JohnsonVice President and CIOFT$460,868$324,774$785,642
Guy L PattonPresident and CEOFT$599,592$151,889$751,481
Amy NoahVice President and CAOFT$356,886$102,990$459,876
Bonnie KennedyVice President and COOFT$339,112$85,978$425,090
Eugene LohmeyerDeputy Chief Investment OfficerFT$271,025$151,954$422,979
Keith PetersVice President and General CounselFT$302,502$96,382$398,884
Trent WellsVice President and TreasurerFT$290,582$84,804$375,386
Jordan EllisOf CounselFT$232,134$81,161$313,295
Mary Jill HughesAssistant VP for Advancement, Norman CampusFT$249,255$41,685$290,940
Mary Jill HughesAssistant VP for Advancement, Norman-$220,051$70,889$290,940
Stacey MaxonAssistant VP for Advancement, Ou Helath SciencesFT$249,625$35,139$284,764
Stacey MaxonAssistant VP for Advancement, Ou Hel-$228,060$56,704$284,764
Lauren BrookeyAssistant VP for Advancement - Ou-tulsaFT$216,462$36,651$253,113
Lauren BrookeyAssistant VP for Advancement - Ou-tu-$197,177$55,936$253,113
Kathy HarlinCorporate SecretaryFT$144,204$43,569$187,773

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Cambridge Associates LLCInvestment ConsultantPO BOX 412015, Boston, MA 02241-2015$585,000
Mcafee & TaftLegal Consultant211 N ROBINSON SUITE 1000, Oklahoma City, OK 73102$272,460
Parametric Portfolio AssociatesInvestment Consultant800 FIFTH AVENUE SUITE 2800, Seattle, WA 98104$264,662
Marketing Communication Resource INCAdvertising4800 EAST 345TH STREET, Willoughby, OH 44094$200,511
Hogantaylor LLPAudit/tax FirmPO BOX 1481, Lowell, AR 72745$171,232
Revenue and Support

Revenue Composition

Contributions and Grants
$183,133,965
Program Service Revenue
$0
Investment Income
$16,114,507
Other Revenue
$19,444,516
All Other Contributions
$181,629,237
Change in Net Assets
$-2,922,476

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded89$16,278,537Average High/low Price
Total Noncash Contributions89$16,278,537-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$180,288,010
Other Expenses$30,587,012
Total Fundraising Expense$21,101,309
Salaries, Compensation, and Employee Benefits$10,571,035
Professional Fundraising Fees$169,407

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$140,406,733--$140,406,733
Grants to Domestic Individuals$39,881,277--$39,881,277
Other Salaries and Wages-$5,518,585-$5,518,585
Current Officers, Directors, Trustees, and Key Employees-$3,537,780-$3,537,780
Fees for Service Investment Mgmnt Fees-$1,427,725-$1,427,725
Fees for Services Other-$880,979-$880,979
Information Technology-$876,325-$876,325
Travel-$874,674-$874,674
Occupancy-$870,705-$870,705
Fees for Services Management-$826,335-$826,335
Depreciation Depletion-$815,835-$815,835
Office Expenses-$716,705-$716,705
Pension Plan Contributions-$699,253-$699,253
Fees for Services Legal-$603,117-$603,117
Advertising-$526,607-$526,607
Payroll Taxes-$427,425-$427,425
Other Employee Benefits-$387,992-$387,992
All Other Expenses$76,432$154,708-$231,140
Fees for Services Accounting-$216,477-$216,477
Insurance-$213,985-$213,985
Fees for Services Professional Fundraising--$169,407$169,407
Other Expenses-$165,548$20,931,902$165,548
Total Functional Expenses$180,364,442$20,149,713$21,101,309$221,615,464
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of OklahomaNorman, OK501(c)(3)Salary Supplements$58,687,592
University of OklahomaNorman, OK501(c)(3)Facilities and Equipment$42,174,622
University of OklahomaNorman, OK501(c)(3)General Education Assistance$39,544,519

International Summary

Offices
0
Employees
0
Spending
$231,797,399

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Passive Investments---$211,106,116
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumPassive Investments---$18,341,623
North America - Canada and Mexico, But Not the United StatesPassive Investments---$2,349,660
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$169,407
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Assets Held in Custody for Others$477,075,214
Charitable Remainder Trust Obligations$648,617
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The controller, with help from various departements gathering support, provides information to our accountants for tax preparation. The controller receives the completed form 990 and reviews the calculations to ensure accuracy. The legal department peforms an overall review. Once the final form 990 has been prepared, form 990 is distributed to the audit and finance committee for approval.

Form 990, Part VI, Section B, Line 12C

Officers and trustees are required to disclose conflicts on a yearly basis.

Form 990, Part VI, Section B, Line 15

The foundation uses an outside consultant to prepare a compensation survey of which we use to provide guidelines for foundation compensation.

Form 990, Part VI, Section C, Line 19

The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public on its website and upon request.

Filing and Contact Details

Filer

Filer Name
University of Oklahoma Foundation Inc
EIN
73-6091755
Phone
4053211174
Address
100 TIMBERDELL ROAD, NORMAN, OK 73019

Signing Officer

Name
Trent R Wells
Title
Vice-president and Treasurer
Phone
4053211174
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Guy L Patton
Formed
1944
Legal Domicile
Ok
Voting Board Members
22
Independent Board Members
22
Employees
300
Volunteers
22

Preparer

Firm
Hogantaylor Llp
Address
1225 N BROADWAY AVENUE SUITE 200, OKLAHOMA CITY, OK 73103
Preparer
Ashley M Fogle
Phone
4058482020
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

The foundation's collection is maintained for public exhibition, education, and research in furtherance of public service, rather than for financial gain. All collections of works of art, historical treasures and similar assets are carried at the lower of cost or fair value at the time of donation. The collections are subject to a policy that requires any proceeds from deaccession be utilized for direct care of the collection. The foundation defines direct care as investing in the works of art, historical treasures, and similar assets by enhancing their life, usefulness, or quality thereby ensuring they will continue to benefit the public.

PART V, LINE 4:

Permanently restricted net assets have been restricted by donors to be maintained by the foundation in perpetuity. The foundation has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs and other items supported by its endowment while seeking to maintain the purchasing power of the endowment.

Raw XML AppendixShowing 400 of 1,238 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR, TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR, TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt23VICE PRESIDENT AND CAO
IRS990/Form990PartVIISectionAGrp/TitleTxt24VICE PRESIDENT AND COO
IRS990/Form990PartVIISectionAGrp/TitleTxt25VICE PRESIDENT AND CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt26CORPORATE SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt27VICE PRESIDENT AND GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt28VICE PRESIDENT AND TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt29DEPUTY CHIEF INVESTMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt30OF COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt31ASSISTANT VP FOR ADVANCEMENT, NORMAN CAMPUS
IRS990/Form990PartVIISectionAGrp/TitleTxt32ASSISTANT VP FOR ADVANCEMENT, OU HELATH SCIENCES
IRS990/Form990PartVIISectionAGrp/TitleTxt33ASSISTANT VP FOR ADVANCEMENT - OU-TULSA
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