Religion, Spiritual Development

Oklahoma Disciples Foundation, Inc.

Together We Touch Lives

Oklahoma City, OK   |  https://okdfdn.org

Mission

The mission of the foundation is to sustain an enduring financial basis for Christ's ministry through the prudent investment of funds to ensure a legacy of Christian principles and institutions.

Ruling year info

1966

Executive Director

Eric S. Gray

Main address

301 NW 36th St

Oklahoma City, OK 73118 USA

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Formerly known as

Oklahoma Christian Foundation

Northeast Oklahoma Christian Foundation

EIN

73-6108837

Cause area (NTEE code) info

Christian (X20)

Raising & Fund Distribution (Tun)

IRS filing requirement

This organization is not required to file an annual return with the IRS because it is a church.

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Endowments

Our endowments provide funding for a broad array of programs and ministries. A majority of our endowments have a specific beneficiary such as an individual church, camp or educational institution. Some of our endowments generate yearly funds for our grant making program. Application for these grants is open to Christian church institutions and related entities.

Population(s) Served
General/Unspecified

We currently consider proposals in the areas of Christian education, mission, senior care and church extension relating to the Christian Church (Disciples of Christ). Only churches and other nonprofit organizations qualified under Section 501(c) (3) of the Internal Revenue Code may apply. Non-church related non-profit organizations affiliated with or supported by the Christian Church (Disciples of Christ) must describe their affiliation with the Church and have the Board Chair and the Church Pastor or Regional Pastor sign the application form. Grant monies will be paid to or through the churches. We aim to deepen, enrich and energize the religious lives of the members of the Christian Church (Disciples of Christ) in Oklahoma and enable them to bring the message of Christ to their communities and beyond. We seek to help congregations be vibrant, healthy communities of faith both within the Church and outside of the Church walls.

Population(s) Served
General/Unspecified
Adults

Our Custodial Funds program enables churches and other Disciple institutions to obtain endowment investment returns while maintaining liquidity. We offer three different investment pools with varying degrees of risk versus expected returns. We have also worked diligently to reduce the costs of investment to enable greater returns for the churches and institutions.

Population(s) Served
General/Unspecified

Our planned giving programs offer individuals a wide range of charitable options while providing individual benefits. Charitable Trusts, Gift Annuities, Donor Advised Funds and Field of Interest Funds are available to individuals for the benefit of the church. Trusts and annuities can be utilized to provide an income stream to the donor with a remainder interest to the Church or Foundation. The donor advised fund program enables current year tax deduction for multiyear future donations. Field of Interest Funds allow donors to take advantage of qualified charitable distributions to satisfy required minimum distributions.

Population(s) Served
General/Unspecified

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of new named endowments

This metric is no longer tracked.
Totals By Year
Related Program

Endowments

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Charting impact

SOURCE: Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

Endowing and expanding the kingdom of God on earth.<br/>Encouraging and enabling churches and their leadership to establish strong stewardship principles among their congregations.

Prudent investment and growing the Foundation's investments<br/>Sponsorship of seminars and providing other educational opportunities to bring the message of good stewardship and generous living to Disciples congregations across Oklahoma<br/>Revamped website & social media<br/>Revised traditional marketing materials – brochures outlining ODF's capabilities, as outlined below<br/>Personal, face-to-face calls on donors and potential donors<br/>Senior staff members speaking to groups and congregations<br/>Good leadership and a smooth transition with the hiring of a new Executive Director in February 2014

Planned giving<br/> Custodial funds<br/> Charitable lead & remainder trusts<br/> Donor advised funds<br/> Endowment funds<br/> Gift annuities

We have a detailed donation database, due to the composition and structure of the foundation's assets. Additionally, our annual audit and board financial oversight ensure accuracy and reconciliation of our internal accounting with investment portfolio reports and statements.<br/> Therefore, we analyze the data in each of our asset types on a quarterly basis, as well as annually.

In the past five years we have distributed over $1.68 Million to the beneficiaries of our endowments, while growing our assets. We have more than doubled annual distributions to beneficiaries. <br/> From 12/31/2011 to 12/31/2015, the principal in ODF's named endowment pool increased 41.6%.

Financials

Oklahoma Disciples Foundation, Inc.
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Oklahoma Disciples Foundation, Inc.

Board of directors
as of 6/22/2020
SOURCE: Self-reported by organization
Board chair

Frank Gresh

EMSA

Steve Armbruster

Alan Case

Frank Gresh

Inman Jones

Claire Meredith

Mickey Moery

Craig Moore

Christin Mugg

Michael Oberlender

John Peach

Bill Richert

Ron Savage

Kathy Standridge

Sei Touthang

Sally Frazier

Connie Inglish

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 06/22/2020

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

No data

Keywords

endowments, grants, planned giving, donor advised funds, annuities