ONEOK Foundation
Our commitment to community investments begins with our leadership and encompasses our entire organization by supporting employee involvement in our communities. The ONEOK Foundation Board of Directors is comprised of executive officers.
Established in 1997 with an initial $4.5 million contribution from ONEOK, the ONEOK Foundation supports nonprofit organizations throughout our operating areas. ONEOK has contributed more than $48 million to the Foundation since it began.
The ONEOK Foundation has awarded nearly $35.5 million in grants since its inception, including more than $6.8 million in 2008. In addition to the Foundation, ONEOK also provided more than $1.5 million in corporate contributions in 2008 to support local charitable efforts.
Key information about the ONEOK Foundation:
- The Foundation is subject to Internal Revenue Service rules and regulations governing private and charitable foundations
- Foundation grants may be awarded only to 501(c)(3) nonprofit organizations
- Goods or services may not be received for foundation grants, i.e. participation in golf tournaments, reservations at fundraising dinners, or tickets to special events
- Publicity and recognition may be accepted for Foundation grants
- United Way matching grants and the Employee Matching Grants Program are administered through the ONEOK Foundation
- Grant requests of $5,000 or less may be submitted at any time during the year to the ONEOK Foundation Executive Director
- Qualifying grant requests over $5,000 are considered by the ONEOK Foundation Board of Directors at quarterly Foundation meetings, which are scheduled in February, May, August, and November.