2025-02-12T15:35:36-06:00 2024-06-30 480573184 REGIER CARR & MONROE LLP 4200 E SKELLY DRIVE SUITE 560 TULSA OK 74135 990 2023-07-01 731260595 OKLAHOMA FOUNDATION FOR EXCELLENCE OKLA 4052360006 5530 N WESTERN AVE SUITE 100 OKLAHOMA CITY OK 73118 MATT TRENTHAM TREASURER 4052360006 2025-02-10 1 1 CHARLES M HUMPHREY CPA P01256929 9182715400 2025-02-10 2023 2025-03-06 01:10:19Z MATT TRENTHAM 5530 N WESTERN AVE STE 100 OKLAHOMA CITY OK 731184003 13712580 0 X WWW.OFE.ORG X 1996 OK TO RECOGNIZE AND ENCOURAGE ACADEMIC EXCELLENCE IN OKLAHOMA'S PUBLIC SCHOOLS. 135 135 6 0 0 0 465796 502786 41341 41422 428039 1172350 493 1898 935669 1718456 203555 251943 0 0 350486 355225 0 0 113989 361113 378766 915154 985934 20515 732522 8657333 9487077 15209 173883 8642124 9313194 X THE MISSION OF THE FOUNDATION IS TO ENCOURAGE AND RECOGNIZE ACADEMIC EXCELLENCE IN OKLAHOMA'S PUBLIC SCHOOLS. IN ACCORDANCE WITH THIS MISSION, THE FOUNDATION IS CREATED TO RECOGNIZE AND ENCOURAGE EXCELLENCE IN TEACHING AND SCHOLARSHIP IN THE STATE OF OKLAHOMA, TO NURTURE AND SUPPORT A FAVORABLE CLIMATE IN THE STATE OF OKLAHOMA FOR THE TEACHING PROFESSION AND FOR THE ATTAINMENT OF EXCELLENCE BY STUDENTS, AND TO FOSTER AND ENCOURAGE THE DEVELOPMENT OF LOCAL SCHOOL FOUNDATIONS IN OKLAHOMA COMMUNITIES. 0 0 530666 177000 28320 ACADEMIC AWARDS PROGRAM - ENCOMPASSES TWO INITIATIVES: 1) ACADEMIC ALL-STATE AWARDS - CASH AWARDS TO 100 ACADEMIC ALL-STATE SCHOLARS SELECTED FROM OKLAHOMA'S PUBLIC HIGH SCHOOL GRADUATING SENIORS. 2) MEDAL FOR EXCELLENCE - CASH AWARDS TO EACH OF FIVE CATEGORIES INCLUDING ONE TEACHER AT EACH ELEMENTARY, SECONDARY, REGIONAL UNIVERSITY/COMMUNITY COLLEGE AND RESEARCH UNIVERSITY LEVELS AND ONE PUBLIC SCHOOL ADMINISTRATOR. 91792 3943 THE OKLAHOMA SCHOOL FOUNDATIONS NETWORK PROVIDES ON-CALL SUPPORT, TRAINING, AND NETWORKING OPPORTUNITIES FOR OKLAHOMA SCHOOL FOUNDATION LEADERS AND VOLUNTEERS. IN ADDITION, THE PROGRAM ANNUALLY PRESENTS OUTSTANDING PROGRAM AWARDS RECOGNIZING SUCCESSFUL PROGRAMS SPONSORED OR ADMINISTRATED BY PUBLIC SCHOOL FOUNDATIONS. 72399 53000 TEACHER PROFESSIONAL DEVELOPMENT - PRE-K THROUGH 12TH GRADE TEACHERS HAVE THE OPPORTUNITY TO PURSUE SELF-DESIGNED PROFESSIONAL LEARNING THROUGH A FUND FOR TEACHERS FELLOWSHIP. 27151 18000 THE BOREN MENTORING INITIATIVE PROVIDES START-UP GRANTS FOR NEW AND DEVELOPING MENTORING PROGRAMS AND OPPORTUNITY GRANTS ARE AWARDED TO SUPPORT STRATEGIC NEEDS OF K-12 MENTORING ORGANIZATIONS IN OKLAHOMA. 15000 COLONIAL WILLIAMSBURG TEACHER INSTITUTE - SELECT OKLAHOMA FIFTH AND EIGHTH GRADE TEACHERS TO ATTEND THE COLONIAL WILLIAMSBURG TEACHER INSTITUTE EACH SUMMER IN THE RESTORED CAPITAL CITY OF 18TH CENTURY VIRGINIA. 27151 18000 15000 722008 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 110 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 135 135 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 OK X THE ORGANIZATION 4052360006 5530 N WESTERN AVE SUITE 100 OKLAHOMA CITY OK 73118 ANDREW J MORRIS PRESIDENT 4.00 X X 0 0 0 LEE ANN DEARMAN PRESIDENT- ELECT 5.00 X X 0 0 0 MATT TRENTHAM TREASURER 3.00 X X 0 0 0 DAVID L BOREN TRUSTEE 0.00 X 0 0 0 GOV BILL ANOATUBBY TRUSTEE 0.00 X 0 0 0 JAMI RHOADES ANTONISSE TRUSTEE 1.00 X X 0 0 0 RUBEN ARAGON TRUSTEE 0.00 X 0 0 0 JARI ASKINS TRUSTEE 1.00 X 0 0 0 LEAH M BARBY TRUSTEE 0.00 X 0 0 0 HOWARD G BARNETT JR TRUSTEE 0.00 X 0 0 0 DANIEL V BARNEY II TRUSTEE 0.00 X 0 0 0 JAN BARRICK TRUSTEE 0.00 X 0 0 0 CLAUDIA H BARTLETT TRUSTEE 0.00 X 0 0 0 SHARON M BARTLETT TRUSTEE 0.00 X 0 0 0 JULIE E BATES TRUSTEE 0.00 X 0 0 0 BRUCE T BENBROOK TRUSTEE 0.00 X 0 0 0 LOYD BENSON TRUSTEE 0.00 X 0 0 0 MIKE BLAKE TRUSTEE 0.00 X 0 0 0 SHONEY BLAKE TRUSTEE 0.00 X 0 0 0 GAIL BLISS TRUSTEE 0.00 X 0 0 0 DAN BOREN TRUSTEE 0.00 X 0 0 0 MOLLY SHI BOREN TRUSTEE 0.00 X 0 0 0 MIKE BOYNTON TRUSTEE 0.00 X 0 0 0 BARBARA M BRAUGHT TRUSTEE 0.00 X 0 0 0 BOB BURKE TRUSTEE 0.00 X 0 0 0 ALETHA BURRAGE TRUSTEE 0.00 X 0 0 0 SEAN BURRAGE TRUSTEE 0.00 X 0 0 0 KEN BUSBY TRUSTEE 0.00 X 0 0 0 STEPHEN G BUTLER TRUSTEE 1.00 X 0 0 0 JAMES CALVERT TRUSTEE 0.00 X 0 0 0 WILLIAM M CAMERON TRUSTEE 0.00 X 0 0 0 CHIP CARTER TRUSTEE 0.00 X 0 0 0 ANNIE CHANG TRUSTEE 0.00 X 0 0 0 DR RICK COBB TRUSTEE 0.00 X 0 0 0 DIANE EASON CONTRERAS TRUSTEE 0.00 X 0 0 0 FRANK V COOPER TRUSTEE 0.00 X 0 0 0 G BRIDGER COX TRUSTEE 0.00 X 0 0 0 DR J BRIDGER COX TRUSTEE 0.00 X 0 0 0 KYDEN CREEKPAUM TRUSTEE 0.00 X 0 0 0 DR JANET CUNNINGHAM TRUSTEE 0.00 X 0 0 0 KYLE DAHLEM TRUSTEE 0.00 X 0 0 0 JENNY DAKIL TRUSTEE 0.00 X 0 0 0 TERRY DAVIDSON TRUSTEE 0.00 X 0 0 0 DR JENNIFER DENNIS TRUSTEE 0.00 X 0 0 0 VANESSA DRUMMOND TRUSTEE 0.00 X 0 0 0 MIKE EPPS TRUSTEE 0.00 X 0 0 0 KYLE A FRANKFURT TRUSTEE 0.00 X 0 0 0 DAN GILBERT TRUSTEE 1.00 X 0 0 0 CASEY GILLIAM TRUSTEE 1.00 X 0 0 0 MELVIN R GILLIAM TRUSTEE 0.00 X 0 0 0 ANIL V GOLLAHALLI TRUSTEE 0.00 X 0 0 0 JOHN B GORTON TRUSTEE 0.00 X 0 0 0 CHARLES R HALL TRUSTEE 0.00 X 0 0 0 DR NANCY K HALL TRUSTEE 0.00 X 0 0 0 JOHN R HARGRAVE TRUSTEE 0.00 X 0 0 0 MORGAN HARRIS TRUSTEE 1.00 X 0 0 0 CARRIE HEADINGTON TRUSTEE 0.00 X 0 0 0 JEAN HENDRICKSON TRUSTEE 0.00 X 0 0 0 KAREN HENSON TRUSTEE 0.00 X 0 0 0 DR BILL H HILL TRUSTEE 0.00 X 0 0 0 STEPHEN B HOLTON TRUSTEE 0.00 X 0 0 0 JAMES K HOWARD TRUSTEE 0.00 X 0 0 0 CHRISTA HUGHES TRUSTEE 0.00 X 0 0 0 DEANNE DUTTON HUGHES TRUSTEE 0.00 X 0 0 0 DOW R HUGHES TRUSTEE 0.00 X 0 0 0 DR SONJA J HUGHES TRUSTEE 0.00 X 0 0 0 MARY M JENKINS TRUSTEE 0.00 X 0 0 0 BETH JOHNSON TRUSTEE 0.00 X 0 0 0 DR GLEN D JOHNSON JR TRUSTEE 0.00 X 0 0 0 PAIGE L JOHNSON TRUSTEE 0.00 X 0 0 0 CHARLOTTE A JONES TRUSTEE 1.00 X 0 0 0 SHERREL A JONES TRUSTEE 0.00 X 0 0 0 FAROOQ S KARIM TRUSTEE 0.00 X 0 0 0 DR DAVID C KENDRICK TRUSTEE 0.00 X 0 0 0 DR REBECCA JM KENNEDY TRUSTEE 0.00 X 0 0 0 DARIN KENT TRUSTEE 0.00 X 0 0 0 DR JASON F KIRKSEY TRUSTEE 0.00 X 0 0 0 JUDY Z KISHNER TRUSTEE 0.00 X 0 0 0 SHELLY LAMBERTZ TRUSTEE 0.00 X 0 0 0 NANCY L LEONARD TRUSTEE 0.00 X 0 0 0 SHERYL LOVELADY TRUSTEE 0.00 X 0 0 0 BERT H MACKIE TRUSTEE 0.00 X 0 0 0 PATSY MANN TRUSTEE 0.00 X 0 0 0 JAN MCCLAREN TRUSTEE 2.00 X 0 0 0 NOBLE MCINTYRE TRUSTEE 1.00 X 0 0 0 MARY FRANCES MICHAELIS TRUSTEE 0.00 X 0 0 0 KEN MILLER TRUSTEE 0.00 X 0 0 0 DR ROBYN R MILLER TRUSTEE 0.00 X 0 0 0 GRACIE MONTGOMERY TRUSTEE 0.00 X 0 0 0 MELVIN R MORAN TRUSTEE 0.00 X 0 0 0 MICHELLE NABORS TRUSTEE 0.00 X 0 0 0 LINDA K NEAL TRUSTEE 0.00 X 0 0 0 POLLY NICHOLS TRUSTEE 0.00 X 0 0 0 CHARLES L OPPENHEIM TRUSTEE 0.00 X 0 0 0 MARTIE OYLER TRUSTEE 0.00 X 0 0 0 SUSAN PADDACK TRUSTEE 0.00 X 0 0 0 MARION PADEN TRUSTEE 1.00 X 0 0 0 LESLIE PARIS TRUSTEE 0.00 X 0 0 0 JOSEPH L PARKER JR TRUSTEE 0.00 X 0 0 0 EARLENE PARR TRUSTEE 0.00 X 0 0 0 DAVID POSTIC TRUSTEE 0.00 X 0 0 0 LAURA C REED TRUSTEE 0.00 X 0 0 0 CATHRYN RENDER TRUSTEE 0.00 X 0 0 0 LANA REYNOLDS TRUSTEE 0.00 X 0 0 0 LISA ROBERTSON TRUSTEE 0.00 X 0 0 0 LIZ ROBERTSON TRUSTEE 0.00 X 0 0 0 FRANK C ROBSON TRUSTEE 0.00 X 0 0 0 LINDA R RODGERS TRUSTEE 0.00 X 0 0 0 DAYNA ROWE TRUSTEE 1.00 X 0 0 0 DR STEWART RYAN TRUSTEE 0.00 X 0 0 0 STUART SANDER TRUSTEE 0.00 X 0 0 0 NEIL P SCHEMMER TRUSTEE 0.00 X 0 0 0 BRIAN E SHIPP TRUSTEE 0.00 X 0 0 0 PATRICIA SHOLAR TRUSTEE 1.00 X 0 0 0 DR JOE SIANO TRUSTEE 1.00 X 0 0 0 CORINNE SIMON TRUSTEE 0.00 X 0 0 0 LINDA AMMONS STARLING TRUSTEE 0.00 X 0 0 0 D CRAIG STORY TRUSTEE 0.00 X 0 0 0 BARBARA D STURDIVANT TRUSTEE 0.00 X 0 0 0 CLAUDIA SWISHER TRUSTEE 2.00 X 0 0 0 DR CAROLYN A TAYLOR TRUSTEE 0.00 X 0 0 0 ARTHUR H THOMPSON TRUSTEE 0.00 X 0 0 0 SCOTT THOMPSON TRUSTEE 1.00 X 0 0 0 SUZANNE THOMPSON TRUSTEE 0.00 X 0 0 0 SUSAN I THURMOND TRUSTEE 0.00 X 0 0 0 KATHRYN TURNER TRUSTEE 0.00 X 0 0 0 EMILY VIRGIN TRUSTEE 2.00 X 0 0 0 JOHN WALDRON TRUSTEE 1.00 X 0 0 0 SANDY WERNER TRUSTEE 0.00 X 0 0 0 DR ALYSON WILLIS TRUSTEE 0.00 X 0 0 0 DR PEGGY J WISDOM TRUSTEE 0.00 X 0 0 0 MELISSA WOOLRIDGE TRUSTEE 0.00 X 0 0 0 ERIKA WRIGHT TRUSTEE 0.00 X 0 0 0 KATHY ZERVAS TRUSTEE 0.00 X 0 0 0 ELIZABETH INBODY EXECUTIVE DIRECTOR 40.00 X 108000 0 4328 108000 0 4328 1 0 0 0 0 502786 17133 502786 AWARDS PROGRAM 611710 26422 26422 COLONIAL WILLIAMSBURG FEES 561000 15000 15000 41422 259311 259311 12907163 11994124 913039 913039 913039 OTHER 900099 1898 1898 1898 1718456 43320 0 1172350 251943 251943 115419 68097 18467 28855 188410 111868 29870 46672 29625 17480 4738 7407 21771 12139 3758 5874 44975 44975 26319 15433 3452 7434 30963 18268 4954 7741 20571 2500 18071 2084 1230 333 521 4528 2672 724 1132 PROGRAM EVENT EXPENSES 182009 181560 449 MISCELLANEOUS 27640 11507 14783 1350 PUBLIC RELATIONS/MARKET 15516 12284 556 2676 EQUIPMENT 8876 5237 1419 2220 15285 9790 3388 2107 985934 722008 149937 113989 370970 395690 15808 5676 215 6469 7023 40062 30701 1891 9361 8249854 8953822 12126 115505 8657333 9487077 3068 55655 12141 118228 15209 173883 X 6678573 7286989 1963551 2026205 8642124 9313194 8657333 9487077 732522 -61452 0 X X 0 1 X 1 0 X 590228 570359 504684 465796 502786 2633853 590228 570359 504684 465796 502786 2633853 297116 2336737 154329 123752 154571 178690 259311 870653 1898 1898 3506404 0.66640 0.69200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8019806 1074512 360764 8733554 7701667 659728 341589 8019806 9020376 -1017705 301004 7701667 7453229 1895490 328343 9020376 7306451 297593 150815 7453229 0.79077 0.20923 1 0 40062 30701 9361 9361 LEASE LIABILITIES 118228 118228 X 1657004 -61452 -61452 1718456 0 1718456 985934 0 985934 0 985934 PART X, LINE 2: THE FOUNDATION EVALUATES AND ACCOUNTS FOR THEIR UNCERTAIN TAX POSITIONS, IF ANY, IN ACCORDANCE WITH U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, INCLUDING THE FOUNDATION'S TAX POSITION AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. THROUGH THE FOUNDATION'S EVALUATION OF ITS UNCERTAIN TAX POSITIONS, MANAGEMENT HAS DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF JUNE 30, 2024, WHICH WOULD REQUIRE THE FOUNDATION TO RECORD A LIABILITY FOR THE UNCERTAIN TAX POSITIONS IN ITS FINANCIAL STATEMENTS. THE FOUNDATION'S EXEMPT RETURNS FOR THE YEARS ENDED BEFORE JUNE 30, 2018, ARE NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. 0 MEDAL FOR EXCELLENCE AWARDS 5 25000 ACADEMIC ALL-STATE AWARDS 100 150000 DAY FOUNDATION AWARD 1 2000 LOCAL SCHOOL FOUNDATION AWARDS 3 3943 MENTORING GRANTS 10 18000 SONIC SCHOLARSHIPS 28 53000 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS JULIE E. BATES AND DAVID POSTIC ARE MOTHER AND SON. BOARD MEMBERS MIKE BLAKE AND ANDREW J. MORRIS ARE SHAREHOLDERS IN MCAFEE & TAFT LAW FIRM. BOARD MEMBERS DAVID L. AND MOLLY SHI BOREN ARE HUSBAND AND WIFE. BOARD MEMBER DAVID BOREN IS THE FATHER OF BOARD MEMBERS DAN BOREN AND CARRIE HEADINGTON. BOARD MEMBERS MIKE BOYNTON JR. AND JASON F. KIRKSEY ARE KEY EMPLOYEES AT OKLAHOMA STATE UNIVERSITY. BOARD MEMBERS ALETHA BURRAGE AND SEAN BURRAGE ARE MOTHER AND SON. BOARD MEMBERS BEVERLY R. CARTER AND CHIP CARTER ARE MOTHER AND SON. BOARD MEMBERS G. BRIDGER COX AND J. BRIDGER COX ARE FATHER AND SON. BOARD MEMBER JANET DRUMMOND IS THE MOTHER-IN-LAW OF BOARD MEMBER VANESSA DRUMMOND. BOARD MEMBERS DEANNE DUTTON HUGHES AND DOW HUGHES ARE HUSBAND AND WIFE. BOARD MEMBERS MARY FRANCES MICHAELIS AND BARBARA M. BRAUGHT ARE MOTHER AND DAUGHTER. BOARD MEMBER KEN MILLER IS THE BROTHER-IN-LAW OF BOARD MEMBER ROBYN MILLER. BOARD MEMBER LIZ ROBERTSON IS THE MOTHER-IN-LAW OF BOARD MEMBER LISA ROBERTSON. BOARD MEMBER LINDA R. RODGERS AND EXECUTIVE DIRECTOR ELIZABETH INBODY ARE MOTHER AND DAUGHTER. BOARD MEMBERS LINDA R.ROGERS AND SUE ANN RODGERS ARE MARRIED TO BROTHERS WILLIAM W. AND JAMES R. RODGERS. BOARD MEMBER SUZANNE SIMON IS THE MOTHER-IN-LAW OF BOARD MEMBER CORINNE SIMON. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED ITS BYLAWS TO ELIMINATE THE CHAIRPERSON POSITION AND MANAGEMENT COMMITTEE, NON-BYLAWS-APPROPRIATE LANGUAGE, OUTDATED LANGUAGE, AND REFERENCES TO A SPECIFIC ADDRESS AND A SEAL. THE UPDATED BYLAWS CLARIFIED OFFICER ROLES AND TERMS, LIMITATION OF THE POWER TO FILL TRUSTEE VACANCIES, COMMITTEE APPOINTMENT PROCESS, AND MEETING OPTIONS. THE BYLAWS WERE UPDATED TO ALLOW FOR FILLING EMPTY OFFICER ROLES, ALLOW NON-AUTOMATIC TRUSTEE REMOVAL, AUTOMATIC DISMISSAL OF NON-GIVING TRUSTEES, INCREASE SOME QUORUM REQUIREMENTS, ADJUST THE EXECUTIVE COMMITTEE NUMBER, AND TRANSFER GIFT ACCEPTANCE AUTHORITY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREVIEWED BY THE TREASURER AND ANY QUESTIONS ARE DISCUSSED WITH THE OUTSIDE ACCOUNTING FIRM. IT IS THEN PRESENTED BY THE TREASURER TO THE MANAGEMENT COMMITTEE FOR THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C WE SEND OUR CONFLICT OF INTEREST POLICY TO OUR NEW TRUSTEES EACH YEAR AND TO NEW SELECTION COMMITTEE MEMBERS. WE ALSO INCLUDE IT IN OUR BOARD MEMBER PACKETS AT THE ANNUAL MEETING. IN ADDITION, THE POLICY IS ACKNOWLEDGED AND ACCEPTED BY OUR VOLUNTEERS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE'S MEETING, WHICH INCLUDES THE APPROVAL OF THE BUDGET FOR THE UPCOMING FISCAL YEAR, ALSO INCLUDES A DISCUSSION ON THE EXECUTIVE DIRECTOR'S PERFORMANCE AND COMPENSATION. THE DISCUSSION TAKES PLACE IN AN EXECUTIVE SESSION. FORM 990, PART VI, SECTION C, LINE 19 OUR BY-LAWS, WHISTLEBLOWER POLICY,AND CONFLICT-OF-INTEREST POLICY ARE POSTED ON OUR WEBSITE UNDER GOVERNANCE DOCUMENTS. FINANCIAL STATEMENTS, INCLUDING THE EXTERNAL AUDITORS OPINION ARE POSTED UNDER FINANCIAL LINKS. FORM 990, PART XII, LINE 2C: THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT WAS PREVIOUSLY THE RESPONSIBILITY OF THE MANAGEMENT COMMITTEE. DUE TO BYLAW REVISIONS DURING THE YEAR, THE MANAGEMENT COMMITTEE WAS DISOLVED AND THIS IS NOW THE RESPONSIBLITY OF THE FINANCE COMMITTEE.