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Oklahoma · Nonprofit

Thunder Fellows Foundation

Thunder Fellows Foundation (Oklahoma) receives grants from 9 organizations whose IRS filings report $618,205 to it, the largest being George Kaiser Family Foundation ($200,000). 3 of them have funded it in more than one year.

Revenue FY2024
$422k
Funders on record
9
Grants received
$618k
Net assets
$2.0M
3/9 repeat funderspeak grant-dependency 21%
01What it does

What Thunder Fellows Foundation does

Mission

The Thunder Fellows Program, developed by the Oklahoma City Thunder and Creative Arts Agency (CAA), aims to unlock new opportunities in sports, entertainment, and technology for black high school and college students in the Tulsa area.

As stated on its FY2024 Form 990.

Program

  1. The Thunder Fellows program is dedicated to empowering Black high school and college students by providing them with access to education and professional development in the fields of sports, entertainment, and technology. The comprehensive curriculum is designed to equip scholars with the skills and knowledge necessary to excel in these industries. By directly addressing the underrepresentation of Black individuals in tech fields, Thunder Fellows aims to increase their presence and infuse diverse experiences and perspectives in decision-making roles. Through hands-on learning experiences, mentorship, and real-world projects, students gain a competitive edge, build robust professional networks, and prepare for high-paying careers in an ever-growing, STEM-centric society.

    $243,803 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $243,803.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended.

100 = 20212021 Revenue 100 ($310k) Expenses 100 ($141k) Net assets 100 ($171k)2022 Revenue 155 ($481k) Expenses 181 ($255k) Net assets 232 ($397k)2023 Revenue 552 ($1.7M) Expenses 144 ($202k) Net assets 1117 ($1.9M)2024 Revenue 136 ($422k) Expenses 268 ($377k) Net assets 1143 ($2.0M)
2021202220232024
Revenue (136)Expenses (268)Net assets (1143)

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 $401k to $2.0M (+406%).

$207k
$401k
$2.0M
$2.2M
2021202220232024
Total assetsTotal liabilities

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.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.

$169k
’21
$226k
’22
$1.5M
’23
$45k
’24
48
months of
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.

2021202220232024
Listed11111010
Joined·+1+0+0
No longer listed·110
03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $100k → $206k.

3 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Thunder Fellows Foundation’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

Thunder Fellows Foundation has a broad base — no single funder exceeds 32% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

80% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Thunder Fellows Foundation.

32%
largest funder
65%
top three
~5
effective funders

Largest funder’s share by year: 2022 50% · 2023 36% — diversifying over time.

“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.

Where its funders are

Thunder Fellows Foundation draws 57% of its grant income from funders outside Oklahoma, across 4 states in all.

IL
NY
MO
OK

In-state vs out-of-state, by year

’22
’23
Oklahoma out of state home

Funder states come from each funder’s own filing. $92k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

04Its place in the field

Organizations like Thunder Fellows Foundation

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

65% of spending goes to programs.

Program 65%Management 35%Fundraising 0%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OK

Part of a family of 1 related entity

  • Professional Basketball Club LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for Thunder Fellows Foundation: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Thunder Fellows Foundation?
Thunder Fellows Foundation (Oklahoma) receives grants from 9 organizations whose IRS filings report $618,205 to it, the largest being George Kaiser Family Foundation ($200,000). 3 of them have funded it in more than one year.
How many funders does Thunder Fellows Foundation have?
IRS filings report 9 organizations giving $618,205 in grants to Thunder Fellows Foundation, 3 of which have funded it in more than one year.
Who is the largest funder of Thunder Fellows Foundation?
George Kaiser Family Foundation is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
How can an organization like Thunder Fellows Foundation 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.

Play a game about who funds Thunder Fellows →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 9 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