Company Profile
Tulsa Community Foundation
Company Overview
In 1998, several charitably-minded leaders came together to help create Tulsa Community Foundation (TCF), a tax-exempt public charity organized to receive, administer, and distribute gifts from individuals and organizations for the improvement of the Tulsa and eastern Oklahoma area. TCF is a collection of many charitable funds varying in size. Each fund has its own identity and benefits from being invested with other funds to create a lasting community resource. TCF manages multi-billions of dollars within thousands of individual philanthropic funds, including supporting organizations. TCF staff members work daily with nonprofit agencies, corporations, individuals, government officials, and community leaders to provide superior service to the citizens of Tulsa and eastern Oklahoma, as well as to increase the charitable dollars contributed to our community.
Company History
In 1998, several charitably-minded leaders joined together to establish Tulsa Community Foundation. Tulsa was the last of the 50 major metropolitan areas to be without a community foundation.
The main architect behind the creation of TCF was George B. Kaiser. According to Kaiser, “In the glory days of Tulsa, we could rely on ad hoc assemblages of major corporate and individual leaders to help pursue significant challenges or opportunities for the city. Because Tulsa had such strength and depth of public-private partnership, we did not have need for a community foundation and were the only major U.S. city not to have formed one by 1998. But after several waves of corporate and individual outmigration and death (another style of outmigration, I suppose), we no longer could rely upon the kind of leadership required on an impromptu basis. To continue the city’s progress, I felt we needed a permanently functioning mechanism to fulfill that role.”
Since its inception, Tulsa Community Foundation has enhanced the quality of life in eastern Oklahoma by providing individualized services to donors, serving as a catalyst for vital local issues, sharing community knowledge with the public, maintaining effective financial stewardship of assets and maximizing return on investment for each grant made.
Today, we steward $6 billion in charitable assets for community good.
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