Francis Tuttle Foundation Inc
12777 N Rockwell Ave
Oklahoma City OK 73142-2710
Tax Exempt Status Public Supported Charity
Mission Statement Since 1984, our purpose has been to provide financial assistance to the students of Francis Tuttle Technology Center.  Through scholarships and emergency funding, the Francis Tuttle Foundation is helping students overcome financial obstacles to achieve their academic goals and ultimately, successful entry into the workforce.  We do this through gifts and grants from our employees, our alumni and the community.
Contact Information
Contact Name Lori Alspaugh
Contact email lori.alspaugh@ftfinc.org
Address 12777 N Rockwell Ave
Oklahoma City, OK 73142 2710
Phone (405) 717-7769
Fax 405-717-7770
County Oklahoma County
How to Give
Donate with Credit Card https://www.paypal.me/ftfinc
Other ways to donate, support or volunteer

The Francis Tuttle Foundation is focused on funding student success. There are times when students face financial challenges that could hinder the completion of their career training program. Through our foundation, students apply for financial assistance to help with expenses related to tuition, books, and program-appropriate supplies. Students may also receive emergency funds to assist with unexpected financial situations.  One of our greatest needs is for transportation for young adults to be able to attend class.

With the generous charitable support of individuals, corporations, and foundations throughout the community, our students have the opportunity to overcome these challenges and achieve their academic and career goals.  We accept gift by check, telephone and in-kind donations.  We also seek volunteers to serve on advisory committees for each program.

Financial Summary
 
 
Projected Revenue $150,000.00
Projected Expenses $150,000.00
History and Background
Supported Organization Francis Tuttle Foundation
Year Founded 1984
IRS Ruling Year 1985
Statements
Mission Since 1984, our purpose has been to provide financial assistance to the students of Francis Tuttle Technology Center.  Through scholarships and emergency funding, the Francis Tuttle Foundation is helping students overcome financial obstacles to achieve their academic goals and ultimately, successful entry into the workforce.  We do this through gifts and grants from our employees, our alumni and the community.
Background The Foundation started in 1984 by a small group of individuals that saw students struggling to make it to class.  An endowment was established and employees started giving annually.  The Foundation was run by volunteers for years and then it was given to an employee currently working at Francis Tuttle as part of their job description.  Today the Foundation employees a part-time Executive Director, a part-time accountant and a part-time allocations coordinator.  We have a committed board of 22 members, all who contribute to the cause.  The employees of Francis Tuttle give with an extraordinary level of 64% participation.  
Impact Our accomplishments over the past year were to give out double what we gave 2 years ago.  We accomplished this goal and were able to assist almost 200 students to complete their program.  We worked to identify those students who were ineligible for financial aid.  We found out that around 433 of our adult students are currently unable to receive any type of federal funding.  We also worked to help find support for our Melrose program which helps non-violent offenders get their GED and be trained in the construction field.  We were able to raise enough funds to provide a tutor for these men and through that have increased their success rate from 74% to 95%!
Needs
Transportation for students to school and for some to their first job until they get their first paycheck.  This could be Uber cards, gas cards and bus passes. $10,000 per year
 
Tuition assistance for those students who do not qualify for financial aid - $1,500,000
 
Basic Needs - Food, clothing, utilities  $25,000/year
 
Childcare - $10,000/year 
 
Emergency housing - $20,000/year
 
School books/kits for classes and uniforms for classes - $20,000/year 
CEO/Executive Director Statement The help we provide through the Francis Tuttle Foundation changes lives.  I see the good work we do every day.  There is nothing more satisfying than seeing a human meet their potential.  We take stewarding gifts seriously.  Every student we help is vetted through a process.  Each student meets with a counselor and all resources are exhausted before they come to the foundation.  We have purchased bikes for students who couldn't afford to get to school any other way, we have helped single moms with child care so they could get to class, we see over and over the commitment of the human spirit to better themselves despite many many obstacles.  Overall our gifts are small to the needs these students have but even small gifts change lives.
Board Chair Statement I have worked in Career Tech most of my life and am proud to serve at President for this organization.  Every dollar truly helps a student that comes to the Francis Tuttle Foundation seeking assistance.   Just getting to class is a major hurdle for some of these young people.  We strive to take away the most basic barriers we all take for granted in our daily lives.  How special and rewarding it is to watch a young person find a pathway to a better life.  We an honored to have a part in this process.
Area Served
Area Served
Geographic Area Served
Oklahoma City - NW
Oklahoma City - SW
Putnam City
Edmond
We serve Edmond, Deer Creek, Cashion, Cresent, Western Heights, Putnam City
Service Categories
Secondary Organizational Category Employment/Employment Preparation & Procurement
Tertiary Organizational Category Unknown/Unknown
Comments on Programs
CEO/Executive Director/Board Comments The programs at Francis Tuttle are incredible.  Motivated students are able to complete a program at their own pace and enter the workforce.  Many students are employed even before their training is complete!
CEO/Executive Director
CEO/Executive Director Lori Alspaugh
Start Date Nov 2018
Email lori.alspaugh@ftfinc.org
Experience 24 years of fundraising experience in the arts and higher education
Senior Staff
NameTitle
Lori AlspaughExecutive Director
Staff
Number of Full-time Staff 0
Number of Part-time Staff 3
Number of Contract Staff 0
Number of Volunteers 0
Staff Retention Rate 100
Are professional development opportunities provided? Yes
Does CEO/Executive Director have formal evaluations? N/A
Management reports to board? Yes
Staff Demographics - Ethnicity
Caucasian 2
Native American/American Indian 1
Staff Demographics - Gender
Female 3
Organizational Plans
Fundraising Plan Under Development
Communication Plan Under Development
Strategic Plan Under Development
Management Succession Plan No
Organization Policies and Procedures Under Development
Collaborations
We collaborate with the DOC in our Melrose Program.
Affiliations
AffiliationYear
Edmond Chamber of Commerce2019
Government Licenses
Is your organization licensed by the government (federal, state and/or local)? No
Board Chair
Name Ms. Charlotte Edwards
Company Affiliation Retired
Term July 2019 to June 2021
Board of Directors
List Current as of Sept 12, 2019
Board of Directors List
NameAffiliationStatus
Jamie AllisonVoting
Dr. Fern BowlingRetiredVoting
Josh BrownVoting
Pat BrownVoting
Jim BryanShelter InsuranceVoting
Charlotte EdwardsRetireVoting
Dave GilloglyVoting
Patricia GrayVoting
Dr. Jennifer Haile-EgbertExofficio
Dr. Gayle KearnsVoting
Dr. Kay MartinVoting
Kay MartinVoting
Todd McClainVoting
LaDonna MeindersVoting
Jan MoranVoting
Casey MorganVoting
Suzette Northcutt RhodesVoting
Lauren Ottaway JohnsonVoting
Frank TurnerVoting
Board Demographics - Ethnicity
African American/Black 1
Caucasian 19
Native American/American Indian 2
Board Demographics - Gender
Male 7
Female 15
Governance
Board Term Lengths 2 years
Percentage of Board Making Monetary Contributions to the Organization 100 %
Percentage of Board Making In-Kind Contributions to the Organization 3 %
Board Orientation Yes
Constituency Includes Client Representation Yes
Written Board Selection Criteria? Yes
Standing Committees
Board Development / Board Orientation
Marketing
Finance
Executive
Current Fiscal Year
Fiscal Year July 01, 2019-June 30, 2020
Current Year Budgeted Total Income $150,000
Current Year Budgeted Total Expenses $150,000
Financial Documents
IRS Letter of Determination
Prior Three Years' Financial History
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 Year201820172016
Contributions$154,157$100,398$94,943
Foundation and
Corporation Contributions
------
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified------
Individual Contributions------
------
------
Investment Income, Net of Losses$38,188$64,579$27,975
Unrealized Gain/Loss----($50)
Membership Dues------
Special Events----$33,725
Revenue In-Kind------
Other$31,031$32,463$20,833
Expense Allocation
Fiscal Year201820172016
Program Expense$145,526$25,596$49,706
Administration Expense$54,741$73,552$39,661
Fundraising Expense$1,000--$18,626
Payments to Affiliates------
Total Revenue/Total Expenses1.111.991.64
Program Expense/Total Expenses72%26%46%
Fundraising Expense/Contributed Revenue1%0%20%
Assets and Liabilities
Fiscal Year201820172016
Total Assets$1,126,416$1,103,662$1,005,238
Current Assets$702,285$717,040$653,586
Long-Term Liabilities------
Current Liabilities$812$167$35
Total Net Assets$1,125,604$1,103,495$1,005,203
Solvency
Short Term Solvency
Fiscal Year201820172016
Current Ratio: Current Assets/Current Liabilities864.884293.6518673.89
Long Term Solvency
Fiscal Year201820172016
Long-Term Liabilities/Total Assets0%0%0%
Funding Sources
Top Funding Sources
Fiscal Year201820172016
Top Funding Source & Dollar AmountContributions $154,157Contributions $100,398Contributions $94,943
Second Highest Funding Source & Dollar AmountInvestment Income $38,188Investment Income $64,579Special Events $33,725
Third Highest Funding Source & Dollar AmountOther $31,031Other $32,463Investment Income $27,975
Endowment? Yes
Endowment Spending Policy Percentage
Endowment Spending Policy Percentage (if selected) 80 %
Credit Line? No
Reserve Fund? Yes
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next Five Years? No
Comments on Financials
Foundation Staff Comments
All prior year financial information is from the IRS Form 990s.
 
Contributions may include foundations and corporations when the breakout was not available.
 
The financial information presented is obtained from the following sources: IRS Form 990, independent audit reports, financial statements – board approved when available, and supplemental information from the organization. We do not warrant or guarantee the timeliness, errors or inaccuracies. With respect to information regarding financial performance, nothing on this website should be interpreted as a statement or interpretation by OCCF staff.
 
Organizations with a GiveSmartOKC profile are responsible for updating information annually within 45 days following the end of their fiscal year.
Address 12777 N Rockwell Ave
Oklahoma City, OK 73142 2710
Primary Phone 405 717-7769
Contact Email lori.alspaugh@ftfinc.org
Give with Credit Card https://www.paypal.me/ftfinc
CEO/Executive Director Lori Alspaugh
Board Chair Ms. Charlotte Edwards
Board Chair Company Affiliation Retired