University of Oklahoma Foundation Inc.
100 Timberdell Road
Norman OK 73115-0685
Tax Exempt Status Public Supported Charity
Mission Statement The University of Oklahoma Foundation is an independent not-for-profit corporation that encourages and supports charitable giving for the benefit of the University of Oklahoma. The Foundation acts as the principal organization through which those gifts are made and administered for the benefit of the University. The sole reason for its existence is to serve the University of Oklahoma and the generous donors who support the University.
Contact Information
Contact Name Jana Moring
Contact email
Address 100 Timberdell Road
Norman, OK 73115 0685
Phone (405) 321-1174
Fax 405-321-1180
County Cleveland County
Alternate Address PO Box 258856
Oklahoma City OK 73125 8856
Alternate Phone 405 310-4848
How to Give
Other ways to donate, support or volunteer Giving Methods
Making a gift is easy – online, by check, through a donor advised fund, via wire transfer, by a will or living trust, or through employers’ matching gifts.  Please see: 

Giving Pathways

Whether you want to give in honor or memory of a loved one, become more involved at OU, create opportunities for students, advance research, name a space on campus, or maximize an income tax deduction, we can help.  Please see:

Establishing a Fund at the Foundation

 What are the steps I need to take to establish a fund? What is the difference between an endowed or expendable fund?  Learn here: 
Financial Summary
Projected Revenue $240,000,000.00
Projected Expenses $130,000,000.00
History and Background
Year Founded 1944
IRS Ruling Year 1955
State Registration Expiration June 2020
Mission The University of Oklahoma Foundation is an independent not-for-profit corporation that encourages and supports charitable giving for the benefit of the University of Oklahoma. The Foundation acts as the principal organization through which those gifts are made and administered for the benefit of the University. The sole reason for its existence is to serve the University of Oklahoma and the generous donors who support the University.
The University of Oklahoma Foundation, Inc., was established on December 1, 1944, to offer private donors a reliable, efficient and profitable means to invest their philanthropic dollars in the future of the University of Oklahoma. From its inception—from the first $160 gift from the three original trustors—the Foundation’s goals have been to obtain for the University the maximum benefit from its private sector support, to protect the interest of the donors, and to ensure that the original intent of each gift is scrupulously observed.
Whatever the source of private funds, whatever the beneficiary, the responsibility of the University of Oklahoma Foundation remains the same: To guarantee that the private contributions entrusted to its care are managed, invested, and expended in a sound, efficient, and ethical manner. The Foundation exists only to benefit the University of Oklahoma and in the last analysis is answerable only to its donors.
Impact The intent of the University of Oklahoma Foundation is to be a powerful catalyst to the University in the accomplishment of its vision of excellence in higher education Furthermore, given the challenges facing higher education in the US, the Foundation has an even greater opportunity to be an agent of change for more effective fundraising, more efficient administrative processes, and improvements in transparency.
In 2015, the University of Oklahoma will celebrate its 125th anniversary. This is not only a major milestone, but also provides a singular opportunity to reflect on our past and to be forward-thinking about meeting the challenges of our future. To meet these challenges, we are launching the Live On, University Campaign.  Learn more about the campaign: 
CEO/Executive Director Statement
Amid all the conversation about endowment and asset size, investment performance, tuition increases and cuts in state funding, it would be easy to get lost in the numbers. As stakeholders, we want you to share in the inner workings of the Foundation, but we never want the "how" of giving to overshadow the "why" of your generosity.
The purpose of the Foundation is to encourage and support charitable giving for the benefit of the University of Oklahoma. Every day we live that mission through conscientious service to the generous donors who support our University.
Below is what we are committed to do for you:
Make giving simple – Whether you make a gift online, write a check, perform a wire transfer or create a bequest, we’re here to help. 
Let you know that your gifts matter – Supporting OU is an important expression of your priorities and values. As a transparent organization, we encourage you to play an active role in knowing where your money goes and how it is spent.
Invest and manage your gifts wisely – Our outstanding investment results happen by choice, not chance. Our purpose-driven investment management should give you confidence to establish or enhance endowed funds. 
Ultimately, between your generosity and the Foundation’s stewardship of your gifts, the University of Oklahoma will make permanent its aspirations for excellence. Let’s not forget that you are the most important part of that trajectory.
Guy L. Patton
Board Chair Statement Unlike corporate boards and many non-profits that pay handsomely, the University of Oklahoma Foundation board is non-compensated - if compensation is measured in money alone.  But the opportunity to contribute what we do best to the University we love most makes all of our hard work worthwhile.  
Area Served
Area Served
Geographic Area Served
Central Oklahoma
Central Oklahoma. Norman, Oklahoma. Cleveland County.
Service Categories
Secondary Organizational Category Education/Universities
Tertiary Organizational Category Education/Funding Raising & Fund Distribution
Description Increasing unrestricted scholarships
Unrestricted scholarships give OU’s financial aid counselors the most flexibility in directing scholarship funding to both the most deserving students and those with the greatest need.

Sustaining the Sooner Heritage Scholarships Program
This program is geared for middle-income students who don’t benefit from government aid available to low-income students. The Campaign seeks endowment-level gifts as well as annual gifts of $700 for named Sooner Heritage Scholarships.
Population Served Adults
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 University's focus on endowed scholarship funds will ensure that future generations of our students receive the support they need to attend OU. 

Private gifts to establish endowed faculty chairs and professorships are key to recruiting, retaining, and rewarding outstanding faculty. Endowed faculty positions are supported by an endowment in perpetuity. The fund is maintained in secure investments by the University of Oklahoma Foundation Inc. Positions can be created in a favorite college, school, program, or interdisciplinary area of interest and may be named for the donor or as the donor wishes.

Three options for donors in endowing faculty positions are as follows:
Endowed Chairs. Funded with a gift of $1 million. The most prestigious of the faculty endowments, these are awarded to help recruit top professors to OU and to retain our best teachers and researchers.  The $1 million endowment will generate about $50,000 a year, which can be used to supplement the professor's salary and support his/her scholarly activities.

Endowed Professorships. Funded with a gift of $500,000. These are awarded to help recruit promising young professors to OU and to retain valued teachers and researchers. The $500,000 endowment will generate about $25,000 a year, which can be used to supplement the professor's salary and support his/her scholarly activities.

The Presidential Professorship Program is one of President Boren’s cornerstone initiatives to recognize and reward top faculty members. Four-year stipends of $5,000 are awarded to assistant and associate professors, and $10,000 for full professors. Nominees are chosen in a highly competitive process.  The professorships can be funded with an endowment gift of $250,000, which will generate $10,000 a year for the professor during a four-year term and it is typically directed toward their salary. 
Population Served Adults
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 endowed faculty program has made a real difference in faculty morale and compensation, because it truly rewards merit, both in teaching and in research.  Besides attracting the best teachers for OU students, the exceptional research endowed faculty members undertake contributes to Oklahoma's economy.

Since its beginning in 1979, the President’s Associates program has provided unrestricted funding that allows OU’s president to deal with critical issues and pursue initiatives that enrich OU’s academic mission. Because donors can designate half of their gift to a favorite college or program, Associates funds provide the same kind of opportunities to OU deans and program directors. The impact the Associates program can be tremendous.

Population Served Adults
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.

A membership in the President’s Associates gives you a ticket to OU’s major events, including dinners featuring speakers – renowned in politics, current events, and academics – from around the world.

The Associates have served as co-hosts of such Norman campus events as the openings of the Gaylord College of Journalism and Mass Communication; the Mary and Howard Lester Wing of the Fred Jones Jr. Museum of Art; and the Donald W. Reynolds Performing Arts Center.

CEO/Executive Director
CEO/Executive Director Guy Patton
Start Date Oct 2007

Guy Patton is President and Chief Executive Officer of the University of Oklahoma Foundation. 

Prior to assuming this role in October of 2007, Mr. Patton was with Fidelity Investments for more than 22 years. Mr. Patton joined Fidelity in 1985 as a Sales representative in Fidelity’s retail business. He held numerous positions within the Finance function during the early part of his career at Fidelity including senior regional finance executive for both the Southwest and Midwest regions.

In 1997, Mr. Patton was promoted to executive vice president of Fidelity’s Institutional Retirement business.  During that time Mr. Patton was responsible for launching the industry’s first Internet-based 401(k) product.  For this, he was named “Co-Impact Player-of-the-Year” by Defined Contribution News in 2000.  He then became president of Fidelity Investments Tax-Exempt Services Company; one of the nation’s top providers of 403(b), and 401(k) retirement savings plans to tax-exempt organizations in the US.  In 2004 Mr. Patton was promoted to President of all of Fidelity’s Retirement and Outsourcing business with nearly 5000 employees and revenues of over $2.5 billion.

In addition to his general management roles, Mr. Patton was asked to lead the global Human Resources function for Fidelity in 2002. In that capacity he was a member of Fidelity’s 12 person Executive Committee.  During that time, he was responsible for the company’s corporate human resources functions including recruitment, compensation, benefits, employee relations, as well as management and organizational development for the firm worldwide.

Mr. Patton received a bachelor’s degree in economics in 1983 and a master’s degree in 1985, both from the University of Oklahoma.

Mr. Patton has been a member of the board of trustees for numerous not-for-profit organizations, including Jobs For The Future, InRoads, The Cincinnati Ballet, and has served as president of the Board of Trustees for the Childhood Trust. 

Senior Staff
Gary BeadlesVice President & General Counsel
Kathy HarlinCorporate Secretary
Brad JohnsonChief Investment Officer
Bonnie KennedyChief Operating Officer
Lynette LobbanDirector of Publications
Jana MoringDirector of Donor Relations
Trent WellsChief Financial Officer
Number of Full-time Staff 32
Number of Part-time Staff 0
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? Yes
Management reports to board? Yes
Staff Demographics - Ethnicity
African American/Black 1
Asian American/Pacific Islander 1
Caucasian 30
Hispanic/Latino 0
Native American/American Indian 0
Staff Demographics - Gender
Male 12
Female 20
Organizational Plans
Fundraising Plan Under Development
Policy against commission-based compensation for fundraising consultant No
Communication Plan No
Strategic Plan Yes
Number of Years Strategic Plan Considers 5
Date Strategic Plan Adopted June 2013
Management Succession Plan No
Organization Policies and Procedures Yes
Government Licenses
Is your organization licensed by the government (federal, state and/or local)? No
Other Documents
Board Chair
Name Mr. David Moffett
Company Affiliation Retired
Term Jan 2019 to Dec 2022
Board of Directors
List Current as of Jan 01, 2020
Board of Directors List
Mr. Alan S. ArmstrongWilliams CompaniesVoting
Elby J. BealGCP Managment LLCVoting
Jeb BoatmanBoeingVoting
Ronald E. BradshawColony Partners, Inc.Voting
Ann M. Cosgrove M.D.Ann M. Cosgrove, M.D.Voting
Kay DonahueRetiredVoting
Dan EvattVoting
Oscar B Jackson Jr.RetiredVoting
Keith JacksonP.A.R.K.Voting
Annabel JonesVoting
Michael E. JosephMcAfee & TaftVoting
Sandy KinneyRetired (AT&T)Voting
Bill G. LanceChickasaw Nation, Division of CommerceVoting
Carlisle MabreyCitizens Security Bank & Trust Co.Voting
Tommy H. McCasland, IIIMack Energy Co.Voting
Scott A. MeachamI2EVoting
David MoffettRetiredVoting
Pattye L. MoorePattye Moore & AssociatesVoting
Guy L. PattonExofficio
Larry PinkertonPinkerton Law, P.C.Voting
David RainboltBancFirst Corp.Voting
Harvie RoeAmeritrust Corp.Voting
Floyd Simon Jr., D.D.S.Dr. Floyd Simon Jr., DDSVoting
Don SmithermanVoting
Dr. Bolaji Sofola M.D.SurgeonVoting
Sharen Jester TurneyVoting
Board Demographics - Ethnicity
African American/Black 4
Asian American/Pacific Islander 0
Caucasian 23
Hispanic/Latino 0
Native American/American Indian 1
Board Demographics - Gender
Male 22
Female 5
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 0 %
Board Orientation Yes
Constituency Includes Client Representation Yes
Written Board Selection Criteria? Yes
Standing Committees
Audit, Compliance and Controls
Donor Services
Human Resources / Personnel
Current Fiscal Year
Fiscal Year July 01, 2018-June 30, 2019
Current Year Budgeted Total Income $240,000,000
Current Year Budgeted Total Expenses $130,000,000
Financial Documents
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 Year201820172016
Total Revenue$241,990,746$217,630,333$152,663,451
Total Expenses$216,771,271$139,008,295$115,501,295
Revenue Less Expenses$25,219,475$78,622,038$37,162,156
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
Foundation and
Corporation Contributions
Government Contributions$0$0$0
Individual Contributions------
Investment Income, Net of Losses$13,963,256$10,348,967$10,601,942
Unrealized Gain/Loss$88,701,550$98,498,397$12,850,928
Membership Dues------
Special Events------
Revenue In-Kind------
Expense Allocation
Fiscal Year201820172016
Program Expense$202,467,594$125,968,302$101,536,598
Administration Expense$10,647,509$9,383,825$10,308,529
Fundraising Expense$3,656,168$3,656,168$3,656,168
Payments to Affiliates------
Total Revenue/Total Expenses1.121.571.32
Program Expense/Total Expenses93%91%88%
Fundraising Expense/Contributed Revenue3%3%3%
Assets and Liabilities
Fiscal Year201820172016
Total Assets$1,801,653,574$1,704,746,681$1,600,089,423
Current Assets$43,464,779$75,063,548$89,425,144
Long-Term Liabilities------
Current Liabilities$378,648,279$306,960,861$280,925,641
Total Net Assets$1,423,005,295$1,397,785,820$1,319,163,782
Short Term Solvency
Fiscal Year201820172016
Current Ratio: Current Assets/Current Liabilities0.110.240.32
Long Term Solvency
Fiscal Year201820172016
Long-Term Liabilities/Total Assets0%0%0%
Funding Sources
Top Funding Sources
Fiscal Year201820172016
Top Funding Source & Dollar AmountContributions $134,061,725Contributions $104,728,187Contributions $126,048,230
Second Highest Funding Source & Dollar AmountRealized & Unrealized Gains/(Losses) $88,701,550Realized & Unrealized Gains/(Losses) $98,498,397Realized & Unrealized Gains/(Losses) $12,850,928
Third Highest Funding Source & Dollar AmountInvestment Income $13,963,256Investment Income $10,348,967Investment Income $10,601,942
Endowment? Yes
Endowment Spending Policy Percentage
Endowment Spending Policy Percentage (if selected) 5 %
Credit Line? Yes
Reserve Fund? Yes
Capital Campaign
Currently in a Capital Campaign? Yes
Campaign Purpose The University of Oklahoma has impacted the lives of so many over the past 125 years. With it's call to be vanguards of the university's future, the OU Chant ends with the words, Live On, University! Watch as generations of OU graduates voice their love of OU and their belief in actively serving in the life of the university. The Live On, University Campaign support scholarships and fellowships students, honors and rewards great teachers, sustains programs that improve the health of our citizens and the vitality and quality of life of our communities, makes civic education an integral part of the college experience, preserves and maintains our cultural resources, and ensures students are prepared for the global community. Read more about the Campaign at
Campaign Goal $0
Campaign Dates Sept 2014 to Sept 2016
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 100 Timberdell Road
Norman, OK 73115 0685
Primary Phone 405 321-1174
Contact Email
CEO/Executive Director Guy Patton
Board Chair Mr. David Moffett
Board Chair Company Affiliation Retired