Mervin Bovaird Foundation in Tulsa, Oklahoma (OK)

Organization representatives - add corrected or new information about Mervin Bovaird Foundation »

Non-representatives - add comments about Mervin Bovaird Foundation»

Mervin Bovaird Foundation
Employer Identification Number (EIN)736102163
Name of OrganizationMervin Bovaird Foundation
Address401 S Boston Ave Ste 3300, Tulsa, OK 74103-4070
ActivitiesGifts, grants, or loans to other organizations, Scholarships (other)
SubsectionCharitable Organization
Ruling Date07/1957
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$42,156,895
Amount of Income$1,246,801
Form 990 Revenue Amount$1,704,088

Non-representatives - add comments:


Your IP address will be logged.

Financial snapshot ($)

Revenue for 2011

Expenses for 2011

Assets for 2011

Analysis of Revenue and Expenses (for 2011)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$1,704,088$1,704,088$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$651,548
Dividends and interest from securities$644,434
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$2,515,167$380,888$0$2,123,841
Compensation of officers, directors, trustees, etc.$190,014
Total operating and administrative expenses$513,167$380,888$121,841
Contributions, gifts, grants paid$2,002,000
Excess of revenue over expenses and disbursements$-811,079
Net investment income$1,323,200
Adjusted net income$0
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$37,035,347$38,947,061
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$899,917
Investments-corporate stock$25,044,466
Investments-corporate bonds$8,899,386
Investments-mortgage loans$0
Total liabilities$0
Total liabilities and net assets/fund balances$37,035,347
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$408,106
Net capital loss$0
Excise Tax Based on Investment Income (for 2011)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$13,232
Total credits and payments$0
Any penalty for underpayment of estimated tax$321
Tax due$13,553
Amount to be credited to 2012 estimated tax$0
Statements Regarding Activities (for 2011)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2011)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?Yes
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?Yes
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2011)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$41,358,310
Net value of noncharitable-use assets$40,737,940
Minimum investment return$2,036,897
Distributable Amount (for 2011)
Distributable amount$2,023,665
Undistributed Income (for 2011)
Distributable amount for 2011$2,023,665
Undistributed income for 2011. This amount must be distributed in 2012$2,110,609
Private Operating Foundations (for 2011)
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated


Your Review

Would you recommend Mervin Bovaird Foundation to others? (optional)
Add photo of Mervin Bovaird Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Recently Added Reviews
Students Against Drugs And Alcohol Inc in Tulsa, OK
Servant Education And Research Foundation in Tulsa, OK
The Charles And Peggy Stephenson Family Foundation, Stephenson Charles C Jr Ttee in Tulsa, OK
Hilldale High School Alumni Association in Muskogee, OK
Daisy Mountain Home Cemetery Association, None None in Daisy, OK
Paralyzed Veterans Of America, Mid-America Chapter in Oklahoma City, OK
Canadian Valley Rangerettes in Mustang, OK
Sand Creek Massacre Descendants Trust, Flute Homer Ttee in Anadarko, OK
Seminole Rotary Club in Seminole, OK
Elk City Help Inc in Elk City, OK
Other organizations in Oklahoma
IdNameAddressStateEstablishedTotal Income
1Mercy Health Services Inc4300 W Memorial Rd, Oklahoma City, OK 73120-8304OK1946-03$3,771,506
2Mercy Health Oklahoma Communities Inc4300 W Memorial Rd, Oklahoma City, OK 73120-8304OK1996-05$10,205,686
3Mercy Medical Clinic Of Mcalester IncPO BOX 3141, Mcalester, OK 74502-3141OK1994-01$33,065
4Mercy Memorial Health Center Auxiliary1011 14th Ave Nw, Ardmore, OK 73401-1828OK2001-01$137,298
5Mercy Health Foundation Ardmore1011 14th Ave Nw, Ardmore, OK 73401-1828OK1946-03$1,488,487
6Meridian Volunteer Fire DepartmentPO BOX 6, Meridian, OK 73058-0006OK1988-08$39,675
7Merkel Family Foundation, Turner John B Ttee2431 E 61st St Ste 602, Tulsa, OK 74136-1263OK1990-05$2,519,681
8Merle And Richardine Holton Foundation402 E Jackson St, Hugo, OK 74743-4021OK1991-01$6,144
9Merrick Foundation2932 Nw 122nd Street, Oklahoma City, OK 73120-1957OK1967-07$3,834,679
10Merry Heart Guidance Center626 Nw 7th St, Moore, OK 73160-3804OK2004-06$80,374
11Mervin Bovaird Foundation401 S Boston Ave Ste 3300, Tulsa, OK 74103-4070OK1957-07$1,246,801
12Message Of Faith World Ministries IncP O Box 266, Hugo, OK 74743OK1985-01$0
13Message Of Life Ministries206 Redbud St, Yukon, OK 73099-5717OK1984-09$156,943
14Message Of Love And Victory IncPO BOX 700173, Tulsa, OK 74170-0173OK1982-12$1,825
15Messenger Of SalvationPO BOX 624, Bethany, OK 73008-0624OK1990-08$29,050
16Mesta Park Neighborhood Association IncPo Box 61095, Oklahoma City, OK 73146OK1993-09$42,732
17Metafund Corporation, Oklahoma Meta Fund Cdc2225 N May Ave, Oklahoma City, OK 73107-3139OK2001-09$2,645,715
18Metavante Image Solutions Users Gro1200 Sovereign Row, Oklahoma City, OK 73108-1823OK$26,514
19Metro Area Development Corp6412 N Santa Fe Ave Ste C, Oklahoma City, OK 73116-9114OK1984-11$331,972
20Metro Christian Academy Foundation6363 S Trenton Ave, Tulsa, OK 74136-0741OK2007-04$61,949 is not associated with, endorsed by, or sponsored by Mervin Bovaird Foundation and has no official or unofficial affiliation with Mervin Bovaird Foundation