How Much Profit Is there In a Non-Profit?

Want to help in Boston? Careful about sending money. Eighteen years ago $15 million was collected for the Oklahoma City Bombing victims. After the Governor got through all those funds were consolidated into one fund at the Oklahoma City Community Foundation. Now after all these years we find that the nearly $15 million made $4.5 million in interest to a sum of $19.5 million but that only $5 million was ever paid out to victims. So remember as you help the victims, don't become one yourself.

Disaster relief? Dealing with Oklahoma City bombing fund 'horrible,' victim says

rockcenter.nbcnews.com

By Anna SchecterRock Center A group of survivors and relatives of those killed in the Oklahoma City bombing are outraged that there is $10 million sitting in a disaster relief fund designed to help them. Meanwhile they say they’ve been denied help for years. “They te …

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  For Your Information: Past Trustees of the Oklahoma City Community Foundation since 1995.
  James Young 1995–97
  J. Edward Barth 1989–98 
  Frank McPherson 1989–98 
  George J. Records 1989–99
  Ben Demps 1996–2000 Raymond Hefner 1994–2000
  Richard Sias 1995–2001
  Linda Lambert 1993–2002 
  Robert Butkin 1999–2002
  William O. Johnstone 1994–2003
  Anne Hodges Morgan 1994–2003
  Jeanette L. Gamba 1995–2004
  James H. Holloman Jr. 1997-2006
  Ronald J. Norick 1998-2007
  Paul B. Odom Jr. 1998-2007
  William Shdeed 2000-09
  Paul W. Dudman 2001-10
  John E. Green 2001-10
  Jim Daniel 2002-11
  Judy Love 2002-11
  Nancy Coats-Ashley 2003-12
  Kirland Hall 2003-12

  16 minutes ago · Like
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  For your Information current trustee of the Oklahoma City Foundation:
  Our Trustees
  
  The bylaws of the Oklahoma City Community Foundation require that six of the 15 Trustees be nominated by outside organizations and the remaining nine be appointed by the current Board of Trustees. Nominated for three-year terms, a Trustee can serve up to nine consecutive years. Below are the Trustees for FY2013. 
  
  Steven C. Davis, Chairman
  Attorney, Hartzog Conger 
  Cason & Neville
  Appointed by the Trustees
  
  Dr. Steve Agee 
  Dean, Meinders School of Business
  Oklahoma City University
  Appointed by the Trustees
  
  Mary Ann Bauman M.D.
  Medical Director, Women’s Health and Community Relations, 
  INTEGRIS Health
  Appointed by the Trustees
  
  Jim C. Clark
  B.C. Clark Jewelers
  Appointed by the Trustees
  
  Leslie Hudson
  Community Volunteer
  Appointed by the Trustees
  
  Oscar Jackson
  Secretary of Human Resources & Administration, State of Oklahoma (retired)
  Appointed by the Trustees
  
  Jane Jayroe
  Writer/Community Volunteer
  Nominated by the Oklahoma City Mayor and City Council
  
  Ann Johnstone
  Community Volunteer
  Nominated by Allied Arts
  
  Steve Mason 
  Cardinal Engineering
  Appointed by tUnited Way of Central Oklahoma 
  
  Harry Merson
  Private Investor
  Nominated by the 
  U.S. Judge, Western District 
  of Oklahoma
  
  Jenny Love Meyer
  Love's Travel Stops & Country Stores 
  Nominated by the Trustees
  
  J. Larry Nichols
  Devon Energy
  Nominated by the Greater Oklahoma City Chamber
  
  P.B. Odom III
  P.B. Odom III Land Development Companies
  Appointed by the Trustees
  Bond Payne
  Heritage Trust Company
  Appointed by the Trustees
  Tony Tyler
  Tyler Media
  Appointed by the Trustees
  
  Christian K. Keesee
  Kirkpatrick Bank
  Ex Officio
  
  John L. Belt, Secretary & General Counsel 
  
  Nancy B. Anthony, President & Assistant Secretary 
  
  Rhonda Godwin, Assistant Treasurer

  14 minutes ago · Edited · Like
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   You ask, if you've read this far, what I expect will happen republishing all this info? Not a damn thing actually, but it seemed appropriate. Having served on a board or two or so I know how hard it is sometimes to get an organization to do the correct thing. This one however I Think the IRS needs to take a Hard Look at. I hear that the Internal Revenue System is trolling Social Media to find Fraud and Abuse by Taxpayers and Not For Profit Institutions Misusing Funds by using word and phrase detection programs to pick up on those doing a dirty deed. Some Eleemosynary Organizations have nary an elee in their mosy.

  
  

  
  

  Here is a statement from the foundation holding the $10 million not distributed.
  http://www.nbcnews.com/id/51022189#.UWzAXbWG14x

  

  Oklahoma City Community Foundation statement

  www.nbcnews.com

  We are disappointed the March 1, 2013 episode of "Rock Center with Brian Williams" failed to provide a more balanced approach in their story about the Oklahoma City Disaster Relief Fund. Not only did the news staff fail to document the accuracy of the erroneous claims made in the story but they also...

  
  

  "Watson said the foundation has encouraged survivors and their families to get on public assistance before requesting help from the fund for medical bills and the like." "Let's see, if I made a donation to help the victims of the Oklahoma City bombing and Nancy Anthony decides it appropriate to deny it to the victims of the Oklahoma City bombing, that makes it ok?
  Let's see, if Nancy Anthony and the OCCF decide to build themselves a new office to dwell in to the tune of 6 million dollars and purchase the land that the property sits and the money it takes to do this involves money donated for other reasons, that makes it ok?
  Let's see, Nancy Anthony makes $232,000 a year salary to manage the Disaster Relief Fund. Really?? That's 5 times the median income in Oklahoma..... That's ok?"
  http://www.okgazette.com/oklahoma/article-16917-a-closer-look.html

  

  A closer look

  www.okgazette.com

  In the wake of complaints from some survivors of the Alfred P. Murrah Federal Building bombing and their families, the Oklahoma City Disaster Relief Fund is being audited. The critics claim that the Oklahoma City Community Foundation (OCCF), which oversee...