GEORGE KAISER FAMILY FOUNDATION Charity Report

Public IRS 990 nonprofit record

GEORGE KAISER FAMILY FOUNDATION

EIN 73-1574370 · Philanthropy, Voluntarism & Grantmaking Foundations (T110)

What they do

The George Kaiser Family Foundation ("GKFF") is Organized for The Specific and Primary Purpose of Benefiting, Performing The Functions Of, or Carrying Out The Purpose of That Class of Publicly Supported Organizations, Including Tulsa Community Foundation, That Are Described In Sections 501(c)(3) and 509(a)(1) or (2) of The Internal Revenue Code, and That Engage In Charitable Activities Which Are Consistent With The Charitable Purposes of Tulsa Community Foundation. 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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $63.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

31.77%of revenue went to mission work63.7% of expenses · Program services

$49.85spent for every $100 of revenueRevenue covered expenses this year.

18.08%of revenue went to management and office costs36.3% of expenses

$18.58in assets for every $1 spent this yearSome assets cannot be spent right away.

79.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,070,497 for LISA LAMBERT (CHIEF INV. OFF.-PRIVATE MARKETS). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$549,695,640

Mission workProgram services$174,630,19931.77% of revenue63.7% of expenses

ManagementOffice and general costs$99,388,48018.08% of revenue36.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$275,676,96150.15% of revenueShown in gray on the chart

Total expenses$274,018,67949.85% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 63.7% mission · 36.3% management · 0.0% fundraisingTotal expenses: 49.85% of revenue

2023Expense mix: 72.1% mission · 27.9% management · 0.0% fundraisingTotal expenses: 35.77% of revenue

2022Expense mix: 67.3% mission · 32.7% management · 0.0% fundraisingTotal expenses: 29.69% of revenue

2021Expense mix: 77.8% mission · 22.2% management · 0.0% fundraisingTotal expenses: 111.73% of revenue

2020Expense mix: 68.0% mission · 32.0% management · 0.0% fundraisingTotal expenses: 122.99% of revenue

Money in and money out

Revenue$549,695,640

Expenses$274,018,679

Annual surplus $275,676,961 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$174,630,199 · 63.7% of expenses

Management and office costs$99,388,480 · 36.3% of expenses

See all reported dollar amounts

Revenue$549,695,640

Expenses$274,018,679

Assets$5,090,304,364

Income$695,863,746

Contributions$435,565,432

Mission work (program services)$174,630,199

Grants given$555,552,566

Average grant$263,420

Management and general$99,388,480

Executive compensation (total)$3,192,347

Stocks and bonds$709,114,139

Accounting fees$151,126

Investing fees$67,446,810

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LISA LAMBERTCHIEF INV. OFF.-PRIVATE MARKETS · 40 hrs/week $1,070,497Base $1,021,583 · Other $48,914

KEN LEVITEXEC. DIRECTOR · 40 hrs/week $791,481Base $719,500 · Other $71,981

WILLIAM J STAVA IIISR PROGRAM OFFICER · 35 hrs/week $555,750Base $491,562 · Other $64,188

JOHN BUDD IIICHIEF OP OFFICER · 40 hrs/week $478,398Base $443,552 · Other $34,846

ANNIE VAN HANKENSR PROGRAM OFFICER · 40 hrs/week $443,846Base $403,142 · Other $40,704

AMY SANTEECHIEF PROGRAM OFFICER · 40 hrs/week $422,403Base $367,247 · Other $55,156

BENJAMIN STEWARTSENIOR PROGRAM OFFICER · 40 hrs/week $408,743Base $367,491 · Other $41,252

REID SPEARSSR PROGRAM OFFICER · 40 hrs/week $396,032Base $377,814 · Other $18,218

JOHN ROBSONCHIEF ACCT OFFICER · 40 hrs/week $266,106Base $235,857 · Other $30,249

PHIL LAKINBOARD OF DIR. · 10 hrs/week $82,930Base · Other $82,930

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

LISA LAMBERTCHIEF INV. OFF.-PRIVATE MARKETS

KEN LEVITEXEC. DIRECTOR

WILLIAM J STAVA IIISR PROGRAM OFFICER

JOHN BUDD IIICHIEF OP OFFICER

ANNIE VAN HANKENSR PROGRAM OFFICER

AMY SANTEECHIEF PROGRAM OFFICER

BENJAMIN STEWARTSENIOR PROGRAM OFFICER

REID SPEARSSR PROGRAM OFFICER

JOHN ROBSONCHIEF ACCT OFFICER

PHIL LAKINBOARD OF DIR.

CHESTER CADIEUX IIIBOARD OF DIR.

EMILY L KAISERBOARD OF DIR.

FREDERIC DORWARTBOARD OF DIR.

LEAH M KAISERBOARD OF DIR.

PHILIP A KAISERBOARD OF DIR.

RAY OWENSBOARD OF DIR.

ROSE WASHINGTON-JONESBOARD OF DIR.

About this charity

Recognized since: January 2000
Location: 7030 S YALE AVE STE 600, TULSA, OK 74136-5749
County: Tulsa
In care of: Frederic G Dorwart
Primary officer: Frederic G Dorwart, Director

How to reach them

WebsiteVisit the charity’s website Emailinquiries@gkff.org Phone(918) 494-8823

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T110)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes