Oklahoma Scholarship Fund in Oklahoma City, Oklahoma (OK)

Organization representatives - add corrected or new information about Oklahoma Scholarship Fund »

Non-representatives - add comments about Oklahoma Scholarship Fund»

Oklahoma Scholarship Fund
Employer Identification Number (EIN)731484452
Name of OrganizationOklahoma Scholarship Fund
In Care of NamePaul G Heafy
Address5619 N Classen Blvd, Oklahoma City, OK 73118
ActivitiesScholarships (other)
SubsectionCharitable Organization
Ruling Date09/1996
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period11/2013
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$1,991
Amount of Income$99,956
Form 990 Revenue Amount$96,885
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Specialized Education Institutions


Non-representatives - add comments:


CAPTCHA

Your IP address 3.86.235.207 will be logged.

Amount of income in 2013: $99,956 (it was $87,354 in 2012)
This organization: 

 $99,956
Other organizations performing similar types of work: 

 $2,146,124

Assets in 2013: $1,991 (it was $1,717 in 2012)
Oklahoma Scholarship Fund: 

 $1,991
Other organizations performing similar types of work: 

 $1,552,375

Expenses in 2013: $99,682
Oklahoma Scholarship Fund: 

 $99,682
Other organizations performing similar types of work: 

 $2,251,899

Income to expenses ratio in 2013: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 23.3%

Financial snapshot ($)

Revenue for 2013

Expenses for 2013

Analysis of Revenue and Expenses (for 2013)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$99,956$4$4
Contributions, gifts, grants, etc., received$99,952
Interest on savings and temporary cash investments$4
Dividends and interest from securities$0
Gross rents$0
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$99,682$0$19$0
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$0
Accounting fees$0
Interest$0
Depreciation$0
Occupancy$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$19$0$0
Contributions, gifts, grants paid$99,663
Excess of revenue over expenses and disbursements$274
Net investment income$4
Adjusted net income$0
Balance Sheets
201120122013
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$4,265$4,265$1,717$1,717$1,991$1,991
Cash - non-interest-bearing$4,265$1,717$1,991
Investments-U.S. and state government obligations$0$0$0
Investments-corporate stock$0$0$0
Investments-corporate bonds$0$0$0
Investments-mortgage loans$0$0$0
Investments-other$0$0$0
Other assets$0$0
Total liabilities$0$0$0
Total liabilities and net assets/fund balances$4,265$1,717$1,991
Capital Gains and Losses for Tax on Investment Income
201120122013
Capital gain net income$0$0$0
Net capital loss$0$0$0
Excise Tax Based on Investment Income
201120122013
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNo
Tax based on investment income$0$0$0
Total credits and payments$0$0$0
Any penalty for underpayment of estimated tax$0$0$0
Tax due$0$0
Overpayment$0$0
Amount to be credited to next year's estimated tax$0$0$0
Statements Regarding Activities
201120122013
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?NoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?NoNoNo
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
201120122013
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNo
Agree to pay money or property to a government official?NoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?YesYesYes
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?NoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
201120122013
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$4,765$1,925$2,294
Net value of noncharitable-use assets$1,896$2,260
Minimum investment return$235$95$113
Distributable Amount
201120122013
Distributable amount$235$95$113
Undistributed Income
201120122013
Distributable amount for this year$235$95$113
Undistributed income for this year. This amount must be distributed in the next year$0$0$113
Private Operating Foundations (for 2010 - 2013)
2013201220112010Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Supplementary Information (for 2013)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2013)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$4$0
Dividends and interest from securities$0$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
CashNo
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Oklahoma Scholarship Fund to others? (optional)
  
Add photo of Oklahoma Scholarship Fund (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Stephen Gaynor School148 W 90th St, New York, NY 10024-1202NY1963-12$20,873,577
2Shares Inc1611 S Miller St, Shelbyville, IN 46176-2950IN1977-06$17,048,159
3Steppingstone Day School Inc7740 Vleigh Pl, Kew Garden Hl, NY 11367-3360NY1985-01$16,816,589
4Winston Preparatory School126 W 17th St, New York, NY 10011-5402NY1986-05$16,531,435
5Tobinworld920 E Broadway, Glendale, CA 91205-1204CA1978-04$14,696,056
6The Hagedorn Little Village School750 Hicksville Rd, Seaford, NY 11783-1328NY1972-03$14,593,018
7The Community School Inc11 W Forest Ave, Teaneck, NJ 07666-4935NJ1967-11$13,286,681
8Woodfords Family ServicePO BOX 1768, Portland, ME 04104-1768ME1969-11$13,063,515
9Villa Esperanza Services2060 E Villa St, Pasadena, CA 91107-2340CA1964-03$12,940,777
10Stride Learning Center326 Parsley Blvd, Cheyenne, WY 82007-1014WY1973-09$10,090,944
11Therapeutic Living Centers For The Blind Inc7915 Lindley Ave, Reseda, CA 91335-2122CA1975-07$8,689,996
12Springer School & Center2121 Madison Rd, Cincinnati, OH 45208-3220OH1971-05$8,052,053
13Vermont Center For The Deaf & Hard Of Hearing Inc, The Austine School For The DeafOf Hearing Inc 209 Austine Drive, Brattleboro, VT 05301VT1937-09$8,001,271
14Wyoming Child & Family Developement IncPO BOX 100, Guernsey, WY 82214-0100WY1966-01$7,646,424
15Search Day Program73 Wickapecko Dr, Wanamassa, NJ 07712-4100NJ1976-04$7,579,125
16Southeastern Regional Education Service Center Inc29 Commerce Dr, Bedford, NH 03110-6835NH1974-12$6,779,151
17Robert E Greiner School For The Handicapped Of Comanche County IncPO BOX 45, Lawton, OK 73502-0045OK1970-03$135,846
18National Institute On Developmental Delays Inc1900 W Macarthur St, Shawnee, OK 74804-2403OK1997-12$108,154
19Oklahoma Scholarship Fund5619 N Classen Blvd, Oklahoma City, OK 73118OK1996-09$99,956
20Bellringer School Inc1536 S Keeler Ave, Bartlesville, OK 74003-5722OK1975-07$31,834
Number of organizations performing similar types of work
Alaska1
Alabama7
Arkansas19
Arizona12
California53
Colorado5
Connecticut5
District of Columbia1
Florida21
Georgia12
Hawaii3
Illinois14
Indiana5
Kansas2
Kentucky7
Louisiana2
Massachusetts20
Maryland14
Maine5
Michigan12
Minnesota3
Missouri9
Mississippi1
Montana1
North Carolina9
North Dakota1
Nebraska3
New Hampshire4
New Jersey23
New Mexico3
New York41
Ohio7
Oklahoma4
Oregon11
Pennsylvania18
Rhode Island1
South Carolina4
Tennessee9
Texas22
Utah2
Virginia4
Vermont2
Washington10
Wisconsin2
West Virginia1
Wyoming3
International1
Total419

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Oklahoma Scholarship Fund and has no official or unofficial affiliation with Oklahoma Scholarship Fund