Oklahoma School of Science and Mathematics Foundation
1141 North Lincoln Boulevard
Oklahoma City OK 73104-2847
Tax Exempt Status Public Supported Charity
Organization Does Business As (DBA) Name(s)
Organization DBA
OSSM
Oklahoma School of Science and Math
School of Science and Math
OK School of Science and Math
OK School of Science and Mathematics
Mission Statement

Fostering educational development of students with exceptional potential and interest in science and mathematics and serving all Oklahoma schools/students through research, teacher training and outreach.

 
Contact Information
Contact Name Pam Felactu
Contact email Development@ossm.edu
Address 1141 North Lincoln Boulevard
Oklahoma City, OK 73104 2847
Phone (405) 521-6436
Fax 405-521-6442
County Oklahoma County
Alternate Phone 405 522-7804
How to Give
Donate with Credit Card http://www.ossm.edu/foundation/
Donate to Endowment http://occf.org/ossm/
Other ways to donate, support or volunteer
  • Donate online at www.ossmfoundation.org
  • Mail check payable to OSSM Foundation to 1141 N. Lincoln Blvd., Oklahoma City, OK 73104

Please call OSSM Director of Development at (405) 522-7804 to:

  • Set up a recurring credit card donation
  • To make an in-kind donation
  • Legacy Giving notification or questions
  • To Volunteer (Can also contact OSSM Director of Admissions at (405) 521-6436

Thank you for your support!

Financial Summary
 
 
Projected Revenue $1,080,000.00
Projected Expenses $827,545.00
History and Background
Supported Organization Oklahoma School of Science and Mathematics
Year Founded 1992
IRS Ruling Year 1992
State Registration Expiration Apr 2017
Statements
Mission

Fostering educational development of students with exceptional potential and interest in science and mathematics and serving all Oklahoma schools/students through research, teacher training and outreach.

 
Background

The Oklahoma School of Science and Mathematics (OSSM) is a state funded, residential high school for students with exceptional ability in science and math who plan to pursue careers in science and technology.  Tuition, room and board, and books are provided for accepted Oklahoma residents by the State of Oklahoma.

Students from across the state typically apply to OSSM during their sophomore year at their home high schools.  Admission is a highly competitive process initiated by written application.  Two hundred or more young people apply each year for some 70-80 places.  The admissions committee examines multiple criteria including standardized test scores, previous grades, academic recommendations from teachers, principals, and counselors, and special talents and accomplishments.  Semifinalists are interviewed by review committees before the final selection is determined.   Students have been admitted from all of Oklahoma’s 77 counties.  Typically, about a third come from urban areas (pop. >50,000) and the rest come from rural areas of Oklahoma.

All courses taught at OSSM, with the exception of Physical Education and Fine Arts, are college level classes.  Biology offerings include such courses as Human Anatomy and Physiology, Ecology, Molecular and Cellular Biology, Botany, Histology, and Endocrinology.  Chemistry selections include Organic Chemistry, Analytical Chemistry, Biochemistry, Polymers, and Nuclear Chemistry.  The Physics Department teaches General Physics, Modern Physics, Electronics, Mechanics, Electricity and Magnetism, and Astronomy.  Math courses range from Pre-Calculus through Multivariate Calculus.  There is also a wide range of computer science courses, earth sciences, humanities, and foreign language including Latin, Russian, German, French, Spanish, Chinese, and Japanese.  Students are required to take a minimum of seven classes a semester and to take two years of Physical Education and complete 60 hours of community service.  Many find time to participate in OSSM’s Mentorship Program that gives them the opportunity to do concentrated research or project development under the direction of professionals in the scientific community.  Courses are taught by an ethnically diverse, accomplished, dedicated faculty – most of whom hold doctorates in their fields and have taught at the college level.

The late Dr. Julian Stanley, a nationally known expert on gifted education, called OSSM “the most rigorous academic program of its kind in the nation.”  This is evidenced by the success of OSSM students in national and international academic competitions and by the aggressive recruitment efforts of some of the nation's most prestigious universities.

In addition to many other academic awards and accomplishments, OSSM graduates include many hundreds of National Merit Finalists and Commended Students, more than 225 Robert C. Byrd Scholars, nearly 100 Oklahoma Foundation for Excellence Academic All-State Scholars, more than 550 Oklahoma State Regents Scholars, some 35 Oklahoma Medical Research Foundation Fleming Scholars, and six National Presidential Scholars.  OSSM graduates have received scholarship offers in excess of $130 million.  Before ACT officials stopped making school ranking information available to the public, the OSSM Classes of 1998 and 2000 achieved the highest composite ACT scores in the United States in the years they graduated. 

OSSM is located on a 32-acre campus in Oklahoma City.  A renovated Oklahoma City public school holds classes, and students live in the Dan Little Residence Hall, opened in early 1998.  The school’s gymnasium opened in March of 1999, and the Samson Science and Discovery Center, which houses physics and chemistry teaching labs, research labs, and faculty offices, opened in 2001.  The Senator Bernice Shedrick Library, opened in 2002, holds 50,000 volumes and provides space for administrative offices.  An addition to the residence hall completed in 2014 doubled OSSM's capacity to house additional students as the Oklahoma Legislature allows.

 
Impact

OSSM helps Oklahoma students talented in math and science develop their skills to the highest degree possible in high school and beyond. Since OSSM is a public school charging no tuition or fees, students are selected without regard to family financial resources. OSSM alumni, in turn, are steadily strengthening Oklahoma’s resources in science, technical, engineering, and mathematics (STEM) fields and contributing substantially to our state’s economic development.

As of June 2016, OSSM has graduated 1,535 students since 1992.  Approximately one-half of them are still involved in completing their educational and professional training.

  • 85% are staying in technical/scientific fields for their chosen professions
  • More than half stayed in Oklahoma for undergraduate education
  • More than half who are in the work force are working in Oklahoma
  • At least ten have started their own businesses in Oklahoma
  • More than 400—a third—have obtained or are pursuing engineering degrees.
  • Close to another third are pursuing medical, bioscience, and related career fields including physicians/surgeons (MD & DO), PharmD, PhD (research and academic), DVM, DDS, and others.
  • Another third of our alumni, all highly prepared in math and science, have pursued and are pursuing many other fields critical to our economy, as well, including Computer Science & MIS, Economics & Finance, Marketing, Applied & Computational Math, Chemistry & Physics, Law
  • OSSM alumni are teaching at the University of Oklahoma, MIT, Stanford, Michigan, USAFA, USAFIT, Johns Hopkins College of Medicine, Wake Forest College of Medicine, Southern Utah University, The Citadel, UC – Berkeley, UC – Merced, Duke University Medical Center, and other of our country’s finest institutions of higher learning
  • Several are serving in ministry
  • More than 75 are serving or have served in the US Armed Forces

A recent independent study found OSSM and its alumni already stimulating some $40 million annually in economic impact in Oklahoma, and that number is increasing with every graduating class!

Needs
General Operating to take on more Oklahoma students
Faculty Endowment
Annual Faculty Stipend Fund
Fine Arts Program
Equipment Needs
CEO/Executive Director Statement

OSSM President Dr. Frank Wang’s major goals continue to be:

1) to maintain and build upon the solid foundation of academic excellence for which OSSM is known;

2) to find ways OSSM can generate revenues and be more fiscally self-sufficient; and

3) to find ways OSSM can impact and benefit more students, especially those areas of the state where advanced math and science instruction may not be readily available

For example, OSSM opened a Virtual Regional Center this school year whereby students receive live instruction via readily available and free video conferencing software like Skype. Uniquely, this instruction is combined with full hands-on labs conducted in person with all students by our traveling instructor at least once a month. One Virtual Regional Center student, the son of farmers in Medford, was the only student in the state to be accepted this year by both Harvard and Yale. Being a “hands on” person, Dr. Wang personally drove to the young man’s school in Blackwell to help him prepare for the AP Calculus exam at the beginning of May.

To become more self-sufficient, OSSM now offers high-end residential summer programs for paying students. We are so grateful to Williams Companies for making scholarships available for Oklahoma students with limited family resources to attend this week at the end of July filled with academic challenge and fun.

In January 2016, OSSM began taking a limited number of paying students from out-of-state to attend OSSM during the regular school year (maximum 10% of our enrollment). This program is developing slowly.  We anticipate these numbers will grow steadily as word spreads of positive experiences by non-resident students.  No Oklahoma student will lose their place—In fact, funds earned through this program will help OSSM fill budget gaps and allow OSSM to serve more Oklahoma resident students!

Please read Oklahoma Medical Research Foundation (OMRF) president Stephen Prescott’s recent Op-Ed piece in the Sunday Oklahoman titled The Business of Health: Nerds: The Fuel for Oklahoma’s Economic Engine.

Most OSSM students stay in Oklahoma for college and career.  A recent independent study by Oklahoma City University finds our graduates stimulating some $40 million annually in economic activity in Oklahoma. OSSM is an economic engine for our state!

Board Chair Statement
Ask OSSM graduates about the most important things OSSM taught them and you will most often hear them express:
  • astonishment to learn what they were really capable of;
  • pleasure and confidence from being deeply challenged as they had never been before and meeting those challenges successfully;
  • joy in learning to learn for its own sake; and
  • amazement at possibilities for their futures they did not know existed.
  • See more testimonials at https://www.ossmfoundation.org/?page_id=50

OSSM helps students with innate talent for math and science develop that potential as far as they possibly can in high school and beyond.  That, without doubt, is win-win for us all!


Area Served
Area Served
Geographic Area Served
Oklahoma - Statewide
OSSM serves all Oklahoma schools and students through math contests, research, teacher training and outreach activities.  Students from across the state apply competitively to attend OSSM's two-year residential program in Oklahoma City.  Hundreds of others attend half-day programs at OSSM Regional Centers housed in 13 Career Techs around the state that offer Calculus and Calculus-based Physics to students who want to remain in their home communities.
Service Categories
Secondary Organizational Category Education/Educational Services
Programs
Description

The Bridge Fund, established in 2000 by the OSSM Foundation Board to help retain our outstanding faculty, supplements faculty salaries through annual stipends.  As a state agency, OSSM salary increases are controlled by the state legislature, and faculty salaries have not remained competitive over the years.  Our faculty is the backbone of OSSM.  Eighty percent of our teaching faculty hold doctorates in the disciplines they teach.  All are teaching college-level curriculum, and many are staffing more than their own full time position to help OSSM weather budgetary constraints while maintaining the world class level of quality for which the school is known.  Faculty members tutor students weekly in evening study halls, mentor seniors in individual research projects, and often become life-long friends.  One long-time teacher has often said that “working for OSSM is not a job – it’s a way of life.”  It is imperative to the continued success of the OSSM program that we keep these remarkable men and women on staff.  

Strategy
Population Served Adolescents Only (13-19 years)
Program Short-term SuccessHelpDescription of short-term achievement(s) or improvement(s) that will result from this program. Annual stipends, based on merit, bridge some of the gap between state-appropriated high school teacher salaries and those being paid doctoral-level college professors elsewhere, helping us retain the highest quality college-level faculty for this specialized science and math high school.
Program Long-term SuccessHelpDescription of the ultimate change(s) that will result from this program. This may be far into the future or represent an ideal state. The Bridge Fund program will provide the quality and stability of faculty necessary to encourage the greatest success of OSSM students, to the benefit of students, our state, and our nation for many years to come.
Program Success MonitoringHelpDescription of the tools used to measure or track program impact. Retention of faculty and staff demonstrates the difference these modest stipends make, softening reductions in salaries due to state budget cuts and allowing many of our superb faculty to continue serving at OSSM.
Examples of Program SuccessHelpSpecific examples of changes in behaviors or testimonies of changes that demonstrate program success. Thanks to generous private support, the OSSM Foundation Bridge Fund was able to provide $126,000 to 38 outstanding faculty in 2013.  In an environment where many of the longest-serving faculty have seen their salaries slowly fall behind the state average over the years to a level considerably less than they could earn in a university environment, OSSM's superb, devoted faculty and staff sustained just 6% turnover in 2012-13.  Our people believe in OSSM and the role it plays in a strong future for our students, our state, and the nation.  Forty-two percent (42%) of our faculty and staff have been with OSSM for more than 10 years--almost 20% have served for more than 20 years!
Description

OSSM students are totally immersed in studies that are academically years ahead of a normal high school curriculum. They are focused, competitive, and devoted to academic excellence. The Fine Arts program at OSSM provides an outlet for their creative talents.  Though they may not seek careers in the arts, they will be consumers and supporters of the arts throughout their lives. Students must enroll in a Fine Arts class for one or more semesters each year as required for graduation. Classes are pre-arranged and include specialized areas of art, music, theatre, photography, and dance, as well as period exposure to cultural and performing events.

Strategy
Population Served Adolescents Only (13-19 years)
Program Short-term SuccessHelpDescription of short-term achievement(s) or improvement(s) that will result from this program.

OSSM will provide a well-rounded basic arts program, including instruction and supplies for specialized areas of art, music, theatre, photography, and dance, as well as period exposure to cultural or performing arts events.

Program Long-term SuccessHelpDescription of the ultimate change(s) that will result from this program. This may be far into the future or represent an ideal state. OSSM will retain exceptional instructors to meet student demand for a variety of fine arts activities, and students will continue to develop and support their fine arts interests and skills during their education and beyond. 
Program Success MonitoringHelpDescription of the tools used to measure or track program impact. Student grades (overall) and participation in fine arts offerings.
Examples of Program SuccessHelpSpecific examples of changes in behaviors or testimonies of changes that demonstrate program success. Although only two semesters (out of four) of Fine Arts are required for graduation from OSSM, most students exceed that requirement.
Description The Summer Math and Science Institutes for Middle School Teachers are free week-long experiences that are changing the way science and mathematics are perceived and taught in Oklahoma middle schools, broadening teacher knowledge and comfort level, and teaching skills that will stimulate and invigorate student interest in math and science.  Teachers from across Oklahoma who attend the Institutes each summer bring back new and innovative teaching methods to students and to colleagues in their home districts.  Held in the first week of June, the residential aspect of both institutes gives teachers the opportunity to share ideas and concerns with peers from across the state.

Teachers participating in the Summer Institutes receive classroom and laboratory (science) training, workbooks, and equipment on specific concepts that follow State of Oklahoma curriculum.  Emphasis is placed on recruiting teachers from rural areas and small towns who work in relative isolation.  OSSM faculty continue to provide informational support to attendees as needed throughout the following school year.
Strategy
Population Served Adults
Program Short-term SuccessHelpDescription of short-term achievement(s) or improvement(s) that will result from this program. Each year in June, every available slot will be filled and 45-50 math and 36-40 science teachers will leave OSSM better equipped to raise the level of their teaching.  (We typically fill all slots and have a waiting list to attend.)
Program Long-term SuccessHelpDescription of the ultimate change(s) that will result from this program. This may be far into the future or represent an ideal state. The OSSM Summer Math and Science Institutes will increase the long-term interest and academic achievement in science for Oklahoma middle school students.  Teachers will acquire the knowledge and equipment they will need to help them teach what are often considered difficult subjects in science with more depth and in a more meaningful way, and no teacher will be turned away.
Program Success MonitoringHelpDescription of the tools used to measure or track program impact. Attendee evaluations completed at the end of each Institute relate successes as well as opportunities for improvement.
Examples of Program SuccessHelpSpecific examples of changes in behaviors or testimonies of changes that demonstrate program success. Attendee responses include:

"I have learned something from every session. This program will help me walk into the classroom this coming year as a different teacher."

"I have a new appreciation for how much math is needed for today’s students."
 
"It was really helpful to...immediately discuss how to incorporate the information with other teachers."

"The physics labs were great, and I liked the hands-on chemistry labs, too.  Geology info was helpful because I'm much less well versed in 'rocks.'"

"The program was outstanding.  Keep looking for more inexpensive lab activities for the classroom.  These are priceless to the typical public school teacher."

"Enjoyed activities that make students want to learn more about math."
Description Free day-long math and science workshops are designed for middle school students during June and July. Each of four intensive math sessions is uniquely different and designed to expand a student’s knowledge in higher level math concepts.  In addition, students are introduced to an assortment of physics principles.  Two one-day science sessions introduce students to a wide variety of career directions in STEM fields, including engineering and the physical and plant sciences.
Strategy
Population Served Adolescents Only (13-19 years)
Program Short-term SuccessHelpDescription of short-term achievement(s) or improvement(s) that will result from this program. Students maintain their interest and skill levels in math and science during the summer and return to school better prepared to advance.
Program Long-term SuccessHelpDescription of the ultimate change(s) that will result from this program. This may be far into the future or represent an ideal state. Stimulated middle school students' interest and skills in math and science and showed them a variety of fields they can aspire to work in as adults.
Program Success MonitoringHelpDescription of the tools used to measure or track program impact. Workshops filled to capacity, with waiting lists for some or all sessions.
Examples of Program SuccessHelpSpecific examples of changes in behaviors or testimonies of changes that demonstrate program success.

In 2012, 160 students filled all of came from all areas of Oklahoma, many strengthening and enhancing their skills with more than one workshop.  Attendees included 6th, 7th, 8th, and 9th graders from 35 schools (22 public, 13 private) in 14 counties.

Description

In appreciation for the far-sighted vision of then State Representative Penny Williams, who in 1983 authored House Bill 1286 which created the Oklahoma School of Science and Mathematics, the Senator Penny Williams Distinguished Lecture Series was begun to bring national and international figures in the arts and sciences to the Oklahoma School of Science and Mathematics.

Strategy
Population Served Adolescents Only (13-19 years) Adults
Program Short-term SuccessHelpDescription of short-term achievement(s) or improvement(s) that will result from this program.

These lectures bring together OSSM students and interested people from the local scientific, arts, academic, and greater community to hear some of the latest ideas in arts and science.

Program Long-term SuccessHelpDescription of the ultimate change(s) that will result from this program. This may be far into the future or represent an ideal state.

The contribution of ideas of these outstanding speakers to our state’s intellectual milieu educates the community, sparks the imaginations and passions of our students, and is the greatest and most appropriate gratitude we can offer Senator Williams.

Examples of Program SuccessHelpSpecific examples of changes in behaviors or testimonies of changes that demonstrate program success. In 2014, leading research biochemist Dr. Gregory Petsko, long of Brandeis University and now at Weill Cornell Medical College in New York City, visited OSSM to speak to students, local researchers, and other interested guests about the current state of research in Parkinson's, Altzheimer's, and other neuro-degenerative diseases.
Comments on Programs
CEO/Executive Director/Board Comments

We need your help!  We are looking at the Oklahoma Legislature to implement cuts in budget again this coming year, which means an eighth year without any pay increases and doing more with less due to several cost increases.  After 2008, OSSM lost 25% of its state-funded positions—19 people—across our OKC campus and Regional Centers.  Yet, we have continued to operate at the highest levels of academic excellence we have always maintained—You can imagine the level of dedication and commitment this achievement has required from all who remain.

CEO/Executive Director
CEO/Executive Director Frank Y. H. Wang, Ph.D., President OSSM
Start Date Aug 2012
Email Frank.Wang@ossm.edu
Experience

Dr. Frank Y. H. Wang joined the Oklahoma School of Science and Mathematics as President in August, 2012, succeeding Dr. Edna McDuffie Manning, the school’s founding president.

Wang earned his Bachelor of Arts in Math from Princeton University in 1986 and his Doctorate in Pure Math from the Massachusetts Institute of Technology in 1991.  As a graduate student, he co-authored a widely used high school calculus textbook.  After graduation from MIT, he went to work at Saxon Publishers, Inc., where he later became its president in 1994.  Under Wang’s leadership, Saxon Publishers grew to become a major textbook publisher, with 250 employees and annual sales approaching $100 million.

In 2003, Wang left his position as chairman of Saxon Publishers to pursue his lifelong passion and desire for teaching.  He taught pro-bono at OSSM and at the University of Oklahoma and started a special after-school school for middle school students in Norman, Oklahoma.

In 2006, Wang moved to Plano, Texas and ran his own education business, Wang Education LLC.  In 2010-2011, he was a teaching fellow with the Alexander Dawson Foundation Center for Excellence in Teaching and Learning.  Dr. Wang has spoken to teachers and/or students in the New York City Public Schools, Los Angeles Unified School District, Chicago Public Schools, Washington DC Public Schools, and numerous other schools, large and small, public and private, throughout the country (as well as Managua, Nicaragua).


Senior Staff
NameTitle
Terry BerrymanAcademic Counselor, OSSM
Pam FelactuDirector of Development, OSSM
Xifan Liu, Ph.D.Vice President of Academic Services, OSSM
Lynn MorganVP of Administrative Affairs, OSSM
Rebecca MorrisDirector of Admissions, OSSM
Cynthia ParishCollege Counselor, OSSM
Chris Shrock, D.Phil.Dean of Students
Dan VossenOutreach Coordinator, OSSM
Staff
Number of Full-time Staff 51
Number of Part-time Staff 7
Number of Contract Staff 0
Number of Volunteers 100
Staff Retention Rate 93
Are professional development opportunities provided? Yes
Does CEO/Executive Director have formal evaluations? Yes
Management reports to board? Yes
Staff Demographics - Gender
Male 32
Female 26
Organizational Plans
Fundraising Plan Under Development
Policy against commission-based compensation for fundraising consultant Yes
Communication Plan No
Strategic Plan Under Development
Management Succession Plan No
Organization Policies and Procedures Under Development
Collaborations
One of just 16 similar schools in the U.S., OSSM was patterned after the North Carolina School of Science and Mathematics.  We visit and communicate informally with NCSSM and other schools to ascertain best practices.  Although OSSM is an Oklahoma state agency providing a free public education to students from all over Oklahoma, the school is truly a public-private partnership.  One third of the $33 million campus in Oklahoma City was built with tax dollars--the remainder resulted from private investment.  Each year, private individuals, corporations, foundations, and civic groups invest in Oklahoma's future by sponsoring faculty stipends, programs, and other needs to supplement diminished state appropriations.  Additionally, a wide range of businesses and organizations partner with OSSM to provide mentorship experiences for OSSM students during their senior year--various departments within The OU Health Sciences Center, the Oklahoma Medical Research Foundation, the FAA, and various engineering and architectural firms to name just a few.  Parents of OSSM students and alumni from the past 25 years also help OSSM maintain the world-class level of quality it has come to be known for, and dozens of community volunteers assist in the selection process for students.
 
Awards
Awards
Award/RecognitionOrganizationYear
Recognized as a Top Public High School in the USNewsweek2012
One of Nation's Most Elite Public High SchoolsNewsweek2014
Top-Performing School with Elite StudentsWashing Post2015
Top-Performing School with Elite StudentsWashington Post2016
Government Licenses
Is your organization licensed by the government (federal, state and/or local)? No
Comments on Staff & Management
CEO/Executive Director/Board Comments OSSM operates under a Governing Board appointed by and directly responsible to the Oklahoma legislature.  Staff FTEs above are actually for the school itself--The OSSM Foundation has .5 FTE.
Board Chair
Name Mr. W. Lance Benham III
Company Affiliation Retired
Term Jan 2015 to Dec 2015
Email Development@ossm.edu
Board of Directors
List Current as of Jan 01, 2016
Board of Directors List
NameAffiliationStatus
Mrs. Catherine Armitage Community VolunteerVoting
Ms. Sue Ann Arnall Community VolunteerVoting
Mr. Webster Lance Benham RetiredVoting
Mr. Loyd L. Benson Benson Law FirmVoting
Mrs. Lissa Gumerson Blaschke Voting
Mrs. Sara Brown Community VolunteerVoting
Dr. Rico Buchli Pure Protein, LLCVoting
Mr. Jerry Burger Community VolunteerVoting
Mr. Steve Burrage CPAVoting
Mr. Joel E. Champlin Champlin ResourcesVoting
Mr. William H. Crawford First Southwest BankVoting
Mr. Robert S. Doenges Community VolunteerVoting
Mr. Ken Fergeson NBC BankVoting
Mrs. Linda S. Frazier University of TulsaVoting
Mr. Gary F. Fuller McAfee & TaftVoting
Mrs. Julia L. Hall Community VolunteerVoting
Mr. Lloyd Hardin Jr.McAfee & TaftVoting
Mr. Gregory Hodgen Groendyke Transport, Inc.Voting
Mrs. Sarah Hogan Community VolunteerVoting
Mrs. Sue Ann Hyde Community VolunteerVoting
Mrs. Lou Kerr The Kerr FoundationVoting
Mr. Jean C. Leger Jr.OGE Energy ServicesVoting
Mrs. Nancy Leonard The Oklahoma Experience, LLCVoting
Mr. J. Mark Lester RetiredVoting
Mr. Dan Little Esq.Little Law Firm PLLCExofficio
Dr. Edna McDuffie Manning Lifetime Trustee EmeritusVoting
Mr. Sam Ott Phillips Murrah PCVoting
Mrs. Barbara Paul Community VolunteerVoting
Mr. Brenton Phillips OracleVoting
Mr. Ryan Pivonka Devon EnergyVoting
Dr. Stephen Prescott MDOklahoma Medical Research FoundationVoting
Mrs. Linda Rodgers Community VolunteerVoting
Mr. Jimmy Rollen Boeing CompanyVoting
Mrs. Lil Ross Community VolunteerVoting
Mr. Harry V. Rouse Esq.Doerner, Saunders, Daniel & Anderson LLPVoting
Ms. Margaret S. Salyer Accel Financial StaffingVoting
Mr. Thomas Sell Williams CompaniesVoting
Mr. George Singer Singer Brothers LLCVoting
Mrs. Susan Stone Susan C. Stone ConsultingVoting
Mr. Leonard Sullivan Oklahoma County AssessorVoting
Mr. Warren Thomas Tinker Business & Industrial ParkVoting
Judge Ralph Thompson RetiredVoting
Mr. James Vallion Trochta's Flowers & GreenhousesVoting
Dr. Frank Y.H. Wang OSSM PresidentExofficio
Dr. Michael Wells Ph.D.GE Global ResearchVoting
Ms. Susan Winchester The Winchester Group
Mr. Steve Wood Oklahoma Natural Gas Co.Voting
Board Demographics - Gender
Male 28
Female 16
Governance
Board Term Lengths 3 years
Percentage of Board Making Monetary Contributions to the Organization 100 %
Percentage of Board Making In-Kind Contributions to the Organization 49 %
Board Orientation Yes
Constituency Includes Client Representation Yes
Written Board Selection Criteria? No
Standing Committees
Executive
Nominating
Finance
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Advisory Board
Advisory Board Members
NameAffiliation
Ann Simmons Alspaugh Community Volunteer
Douglas Cummings Cummings Oil
James R. Gavin III, M.D., Ph.D. Morehouse School of Medicine
Gen. Thomas P. Stafford Retired
Bruzzy Westheimer Valbel West Corporation
Lyle C. Wilcox, Ph.D. Marshall University
L. Duane Wilson Community Volunteer
Comments on Board & Governance
CEO/Executive Director/Board Comments The school itself is governed by a legislatively appointed board, members shown at http://www.ossm.edu/about/board-of-trustees/.  The President of OSSM reports to this Governing Board and informs the OSSM Foundation Board, as well.
Current Fiscal Year
Fiscal Year Jan 01, 2016-Dec 31, 2016
Current Year Budgeted Total Income $1,080,000
Current Year Budgeted Total Expenses $827,545
Financial Documents
Form 9902015
9902014
9902013
9902012
9902011
9902010
9902009
IRS Letter of Determination
Prior Three Years' Financial History
Revenue and ExpensesHelpFinancial data for prior years is entered by foundation staff based on the documents submitted by nonprofit organizations.Foundation staff members enter this information to assure consistency in the presentation of financial data across all organizations.
Fiscal Year201520142013
Total Revenue$905,677$1,128,489$2,102,974
Total Expenses$855,309$1,579,095$1,242,293
Revenue Less Expenses$50,368($450,606)$860,681
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
------
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified------
Individual Contributions$1,038,186$756,604$1,381,150
------
------
Investment Income, Net of Losses$167,582$149,124$132,365
Unrealized Gain/Loss($300,091)$222,761$589,459
Membership Dues------
Special Events------
Revenue In-Kind------
Other------
Expense Allocation
Fiscal Year201520142013
Program Expense$705,798$1,401,829$1,091,931
Administration Expense$141,746$167,154$140,955
Fundraising Expense$7,765$10,112$9,407
Payments to Affiliates------
Total Revenue/Total Expenses1.060.711.69
Program Expense/Total Expenses83%89%88%
Fundraising Expense/Contributed Revenue1%1%1%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$9,059,016$8,991,672$9,442,328
Current Assets$731,228$536,555$513,991
Long-Term Liabilities------
Current Liabilities$16,976--$50
Total Net Assets$9,042,040$8,991,672$9,442,278
Solvency
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities43.07--10279.82
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Funding Sources
Top Funding Sources
Fiscal Year201520142013
Top Funding Source & Dollar AmountIndividuals $1,038,186Individuals $756,604Individuals $1,381,150
Second Highest Funding Source & Dollar AmountInvestment Income $167,582Unrealized Gains & Losses $222,761Unrealized Gains & Losses $589,459
Third Highest Funding Source & Dollar Amount --Investment Income $149,124Investment Income $132,365
Capital Campaign
Currently in a Capital Campaign? Yes
Campaign Purpose To complete the OSSM Faculty Endowment
Campaign Goal $10,000,000
Campaign Dates 2000 to 2020
Amount Raised To Date $4,716,087 as of Sept 2016
Capital Campaign Anticipated in Next Five Years? Yes
Comments on Financials
CEO/Executive Director/Board Comments
Program expenses in 2011, 2012, and 2013 included building construction expense.
 
Current income projections over those of expenses are due to estimates of fundraising for Faculty Endowment.
Foundation Staff Comments
All prior year financial information is from audited financial statements.
 
Organizations with a GiveSmartOKC profile are responsible for updating information annually within 45 days following the end of their fiscal year.
 
Address 1141 North Lincoln Boulevard
Oklahoma City, OK 73104 2847
Primary Phone 405 521-6436
Contact Email Development@ossm.edu
Give with Credit Card http://www.ossm.edu/foundation/
Give to Endowment http://occf.org/ossm/
CEO/Executive Director Frank Y. H. Wang, Ph.D., President OSSM
Board Chair Mr. W. Lance Benham
Board Chair Company Affiliation Retired