Powered by CharityEZ

Charity report ready

VIRGINIA MAYO OWNBY MEMORIAL TRUST

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

VIRGINIA MAYO OWNBY MEMORIAL TRUST

EIN 73-6214326

What they do

THE ORGANIZATION WAS CREATED BY TRUST ESTABLISHED BY VIRGINIA MAYO OWNBY. THE TRUST INSTRUMENT DIRECTS THAT THE FUNDS BE INVESTED, and THAT THE INCOME FROM SUCH INVESTMENTS BE DISTRIBUTED SEMI-ANNUALLY to THE UNIVERSITY of TULSA to FUND SCHOLARSHIPS AS DESCRIBED IN PART III, LINE 4A.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $79.30 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 2025The charity has a recent tax report to read.

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

They name their leaders2 people are listed in the latest report.

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

Money made simple

118.86%of revenue went to mission work79.3% of expenses · Program services
$149.89spent for every $100 of revenueSpending was higher than revenue this year.
31.03%of revenue went to management and office costs20.7% of expenses
$18.17in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $53,420 this year. Ask whether that was planned or caused by a one-time event.

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 2025

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.

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$107,073
Mission workProgram services$127,264118.86% of revenue79.3% of expenses
ManagementOffice and general costs$33,22931.03% of revenue20.7% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$160,493149.89% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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
2025CurrentExpense mix: 79.3% mission · 20.7% management · 0.0% fundraisingTotal expenses: 149.89% of revenue
2024Expense mix: 81.7% mission · 18.3% management · 0.0% fundraisingTotal expenses: 157.17% of revenue
2023Expense mix: 83.1% mission · 16.9% management · 0.0% fundraisingTotal expenses: 328.11% of revenue
2022Expense mix: 84.4% mission · 15.6% management · 0.0% fundraisingTotal expenses: 88.54% of revenue
2021Expense mix: 86.0% mission · 14.0% management · 0.0% fundraisingTotal expenses: 37.19% of revenue
2020Expense mix: 80.9% mission · 19.1% management · 0.0% fundraisingTotal expenses: 60.50% of revenue
2019Expense mix: 80.7% mission · 19.3% management · 0.0% fundraisingTotal expenses: 41.91% of revenue
2018Expense mix: 80.6% mission · 19.4% management · 0.0% fundraisingTotal expenses: 65.18% of revenue

Money in and money out

Revenue$107,073
Expenses$160,493
Annual shortfall $53,420 Expenses were higher than revenue 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)$127,264 · 79.3% of expenses
Management and office costs$33,229 · 20.7% of expenses
See all reported dollar amounts
Revenue$107,073
Expenses$160,493
Assets$2,915,828
Income$404,823
Mission work (program services)$127,264
Grants given$1,001,055
Average grant$62,566
Management and general$33,229
Stocks and bonds$2,896,622
Accounting fees$825
Investing fees$29,881
People

Leadership and board

Tax year 2025

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (2)

TRUST CO OF OK M TAYLOR VPCO-TRUSTEE

TU RICK DICKSON INTERIM PRESCO-TRUSTEE

About this charity

Recognized since
January 1993
Location
PO BOX 3627, TULSA, OK 74101-3627
County
Tulsa
In care of
MELISSA S TAYLOR
Primary officer
MELISSA S TAYLOR, CO-TRUSTEE

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
HALLEY MCDANIEL & CUITE PLLC
Grant-giving organization
Yes

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free