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Otha H Grimes Foundation is a private trust based in TULSA, OK. The foundation received its IRS ruling in 1987. It holds total assets of $5.8M. Annual income is reported at $3.2M. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Oklahoma and Arkansas. According to available records, Otha H Grimes Foundation has made 20 grants totaling $3.7M, with a median grant of $195K. The foundation has distributed between $680K and $1.6M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.6M distributed across 8 grants. Individual grants have ranged from $170K to $200K, with an average award of $186K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Oklahoma and Arkansas. Contributions to this foundation are tax-deductible.
Smallest Grant
$170K
Median Grant
$170K
Average Grant
$170K
Largest Grant
$170K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Otha H Grimes Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in OK, AR.
Otha H Grimes Foundation has distributed a total of $3.7M across 20 grants. The median grant size is $195K, with an average of $186K. Individual grants have ranged from $170K to $200K.
Otha H Grimes Foundation typically selects its grantees rather than accepting unsolicited proposals.
Otha H Grimes Foundation is headquartered in TULSA, OK. While based in OK, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frank Henke Iii | TRUSTEE | $6K | $0 | $6K |
| Michael D Hall | TRUSTEE | $2K | $0 | $2K |
| Allyson Brooke Hawley | TRUSTEE | $2K | $0 | $2K |
Total Giving
$884K
Total Assets
$4.2M
Fair Market Value
$20M
Net Worth
$4.2M
Grants Paid
$800K
Contributions
N/A
Net Investment Income
$915K
Distribution Amount
$914K
Total: $3.1M
Total Grants
20
Total Giving
$3.7M
Average Grant
$186K
Median Grant
$195K
Unique Recipients
4
Most Common Grant
$170K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eastern Oklahoma State CollegeTO PROVIDE SCHOLARSHIPS TO STUDENTS | Wilburton, OK | $200K | 2023 |
| Oklahoma Career Tech FoundationTO PROVIDE SCHOLARSHIPS TO STUDENTS | Stillwater, OK | $200K | 2023 |
| University Of The OzarksTO PROVIDE SCHOLARSHIPS TO STUDENTS | Clarksville, AR | $200K | 2023 |
| Oklahoma State University FoundationTO PROVIDE SCHOLARSHIPS TO STUDENTS | Stillwater, OK | $200K | 2023 |
TULSA, OK
ARDMORE, OK
OKLAHOMA CITY, OK