Oklahoma · Nonprofit
OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC
OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC (Oklahoma) receives grants from 8 organizations whose IRS filings report $1,314,135 to it, the largest being OGE ENERGY CORP FOUNDATION INC ($690,000). 4 of them have funded it in more than one year.
- Revenue FY2024
- $4.9M
- Funders on record
- 8
- Grants received
- $1.3M
- Net assets
- $1.5M
What Oklahoma City Economic Development Foundation Inc does
Mission
To create new jobs and payroll in the oklahoma city region.
As stated on its FY2024 Form 990.
Programs
The foundation has entered into three professional services agreements with the city of oklahoma city. The first contract is utilized to promote, foster, and develop a positive business climate to enhance and expand economic development activities in oklahoma city. The second contract relates to services relating to the establishment of the oklahoma city film & creative industries office. This office will cultivate the growth of the film, music and other creative and support industries within oklahoma city. The third contract is an agreement that provides arpa recovery funds to fund tourism recovery.
$2,516,762 spent$2,552,393 earned by the program51% of program spendingThe foundation partners with the oklahoma city chamber on various programs with the most significant being the forward oklahoma city program. Forward oklahoma city is a five year economic development program designed to meet specific needs and overcome obstacles to quality job growth. Efforts primarily focus on (1) marketing the city of oklahoma city as a relocation site to expand the local job base, (2) enhancing the local k-12 education opportunities, (3) addressing talent retention and attraction, and (4) other miscellaneous programs that support economic development efforts.
$1,576,315 spentof which $1,487,000 as grants$371,023 earned by the program32% of program spendingThe foundation has received two grants from the department of commerce economic development administration. Grant 1 relates to the build back better regional challenge and grant 2 relates to the oklahoma biotech innovation cluster collaborative.
$748,597 spent15% of program spendingThe greater oklahoma city partnership was organized to work with the ten county region to promote various economic development programs in the greater oklahoma city region.
$111,701 spent$91,763 earned by the program2% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,953,375.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.6M to $3.2M (+24%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 14% · 2023 8% · 2024 15%. Grants only. Government contracts and fees sit inside program revenue.
38% of OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Gillenwater Christy
President & CEO
Board chair
Rose Teresa
Board chair
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $89k → $50k.
Left out of every figure on this page: $611k from 3 payers (the payer shares this organization's board, largest Tulsa Community Foundation). These are real filings, and they are not money OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC raised.
From the IRS filings of OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC leans on a few funders — its largest provides 53% of grant income and the top three 87%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 56% · 2018 100% · 2020 58% · 2021 100% · 2022 83% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
0% of OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
85% of OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC's grant income comes from Oklahoma funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC has grown faster than half of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Organizations like OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Oklahoma
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
96% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Greater Oklahoma City Chamber of Commerce Inc · exempt
- Greater Oklahoma City Chamber Inc Political Action Committee · exempt
Screen this organization
A dated, signed PDF of the compliance screen for OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC?
- OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC (Oklahoma) receives grants from 8 organizations whose IRS filings report $1,314,135 to it, the largest being OGE ENERGY CORP FOUNDATION INC ($690,000). 4 of them have funded it in more than one year.
- How many funders does OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC have?
- IRS filings report 8 organizations giving $1,314,135 in grants to OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC, 4 of which have funded it in more than one year.
- Who is the largest funder of OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC?
- OGE ENERGY CORP FOUNDATION INC is the largest funder on record, with $690,000 in grants. The full list of funders is on this page.
- How can an organization like OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Oklahoma. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing