Oklahoma Disciples Foundation, Inc.
301 NW 36th St
Oklahoma City OK 73118-8661
Tax Exempt Status Exempt-Other
Mission Statement 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.
Contact Information
Contact Name Eric Gray
Contact email Eric S. Gray egray@okdfdn.org
Address 301 NW 36th St
Oklahoma City, OK 73118 8661
Phone (405) 525-6530
County Oklahoma
How to Give
Other ways to donate, support or volunteer Donations may be made by check or phone.
Financial Summary
 
 
Projected Revenue $414,830.00
Projected Expenses $414,830.00
History and Background
Former Names
NameYear
Oklahoma Christian Foundation2002
Northeast Oklahoma Christian Foundation2002
Year Founded 1966
IRS Ruling Year 1966
Statements
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.
Background
The Oklahoma Disciples Foundation (ODF) is the product of a 2001 merger of the Oklahoma Christian Foundation (OCF) and the Northeast Oklahoma Christian Foundation (NEOCF). These two entities had been serving as the repositories of endowments for activities of the Christian Church in Oklahoma since the 1960s. ODF has continued that work and currently manages over $20 million in assets in more than 100 endowment and custodial funds. The Foundation is an independent non-profit Oklahoma corporation governed by a volunteer Board of Directors representing Christian Church members from all areas of the State of Oklahoma. Daily activities of the Foundation are the responsibility of the small Foundation staff: Eric Gray, Executive Director; Dr. Vicki Rose, Director of Operations; Rev. Dr. Kyle Maxwell, part-time Minister of Faith and Giving and immediate past Executive Director; Julie Bowers, Development Associate; and Holly Day, Administrative Assistant.
 
ODF utilizes the professional money management services of Bank of Oklahoma and invests pursuant to the Foundation's Investment Policy. Annual distributions are made to beneficiaries of our funds in accordance with our donors' directions and intention as well as our policies, including a formal Spending Policy. These document are available on our website https://okdfdn.org. 
Area Served
Area Served
Geographic Area Served
Oklahoma - Statewide
Service Categories
Secondary Organizational Category Philanthropy,Voluntarism & Grantmaking Foundations/Fund Raising & Fund Distribution
Programs
Description 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.
Strategy
Population Served General/Unspecified
Description

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.

Strategy
Population Served General/Unspecified Adults Children and Youth (0 - 19 years)
Description 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.
Strategy
Population Served General/Unspecified
Description 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.
Strategy
Population Served General/Unspecified
CEO/Executive Director
CEO/Executive Director Eric Gray
Start Date Feb 2014
Email egray@okdfdn.org
Experience

Eric Gray is a graduate of the University of Pittsburgh and attended law school at Oklahoma City University. He is admitted to practice law in all Oklahoma State and Federal courts, the Tenth Circuit Court of Appeals and the United States Supreme Court. He engaged in the practice of law from 1981 to 2014. He is a member of Western Oaks Christian Church in Oklahoma City and has served the church there in many roles. He joined the Board of the Oklahoma Disciples Foundation in 2004 and served as a member of the Board for approximately ten (10) years. He began his duties as Executive Director in February of 2014.

Staff
Number of Full-time Staff 3
Number of Part-time Staff 2
Number of Contract Staff 0
Number of Volunteers 17
Staff Retention Rate 100
Are professional development opportunities provided? Yes
Does CEO/Executive Director have formal evaluations? Yes
Management reports to board? Yes
Staff Demographics - Ethnicity
Caucasian 5
Staff Demographics - Gender
Male 2
Female 3
Organizational Plans
Fundraising Plan No
Communication Plan No
Strategic Plan Under Development
Management Succession Plan No
Organization Policies and Procedures No
Government Licenses
Is your organization licensed by the government (federal, state and/or local)? No
Other Documents
Board Chair
Name Frank Gresh
Company Affiliation EMSA
Term Jan 2017 to Dec 2019
Email frank@frankgresh.com
Board of Directors
List Current as of Jan 01, 2019
Board of Directors List
NameAffiliationStatus
Steve ArmbrusterVoting
Alan CaseVoting
Frank GreshVoting
Inman L. JonesVoting
Claire MeredithVoting
Mickey MoeryVoting
Craig MooreVoting
Christin V. MuggVoting
Michael OberlenderVoting
John PeachVoting
Bill RichertVoting
Ron SavageVoting
Kathy StandridgeVoting
Sei TouthangVoting
Bob WeitzeilVoting
Board Demographics - Ethnicity
African American/Black 1
Asian American/Pacific Islander 1
Caucasian 15
Board Demographics - Gender
Male 14
Female 3
Standing Committees
Investment
Distributions / Grant Making
Executive
Marketing
By-laws
Current Fiscal Year
Fiscal Year Jan 01, 2019-Dec 31, 2019
Current Year Budgeted Total Income $414,830
Current Year Budgeted Total Expenses $414,830
Financial Documents
Audit2017
Audit2016
Audit2015
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 Year201720162015
Total Revenue$1,114,984$2,365,987$1,712,785
Total Expenses$478,666$541,673$721,273
Revenue Less Expenses$636,318$1,824,314$991,512
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 Year201720162015
Contributions$23,895$1,841,979$1,752,509
Foundation and
Corporation Contributions
------
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified------
Individual Contributions------
------
$18,182$39,335$72,236
Investment Income, Net of Losses$1,003,981$454,708($143,821)
Unrealized Gain/Loss------
Membership Dues------
Special Events------
Revenue In-Kind------
Other$68,926$29,965$31,861
Expense Allocation
Fiscal Year201720162015
Program Expense$278,888$333,251$514,635
Administration Expense$140,958$169,714$155,312
Fundraising Expense$58,820$38,708$51,326
Payments to Affiliates------
Total Revenue/Total Expenses2.334.372.37
Program Expense/Total Expenses58%62%71%
Fundraising Expense/Contributed Revenue246%2%3%
Assets and Liabilities
Fiscal Year201720162015
Total Assets$20,174,187$18,006,102$15,480,976
Current Assets$1,046,605$4,086,060$3,452,065
Long-Term Liabilities$11,454,775$9,921,278$9,215,375
Current Liabilities$577,688$579,418$584,509
Total Net Assets$8,141,724$7,505,406$5,681,092
Solvency
Short Term Solvency
Fiscal Year201720162015
Current Ratio: Current Assets/Current Liabilities1.817.055.91
Long Term Solvency
Fiscal Year201720162015
Long-Term Liabilities/Total Assets57%55%60%
Funding Sources
Top Funding Sources
Fiscal Year201720162015
Top Funding Source & Dollar AmountInvestment Income $1,003,981Contributions $1,841,979Contributions $1,752,509
Second Highest Funding Source & Dollar AmountOther $68,926Investment Income $454,708Earned Revenue $72,236
Third Highest Funding Source & Dollar AmountContributions $23,895Earned Revenue $39,335Other $31,861
Endowment? Yes
Endowment Spending Policy Percentage
Endowment Spending Policy Percentage (if selected) 4.5 %
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 their Audited financials.  However, this organization is exempt for filing 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 301 NW 36th St
Oklahoma City, OK 73118 8661
Primary Phone 405 525-6530
CEO/Executive Director Eric Gray
Board Chair Frank Gresh
Board Chair Company Affiliation EMSA