Grimes Robert E & Mary H Foundation

DEWEY, OK EIN: 73-6362062

Grimes Robert E & Mary H Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DEWEY, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 3 grants totaling $132K. Net investment income was $170K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+0.7% YoY

Annual Giving

$132K

+22.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$44K

+22.9% YoY

Under IRS private-foundation payout rules, Grimes Robert E & Mary H Foundation reported a distributable amount of $137K for 2024 — the minimum it must pay out in qualifying distributions.

About Grimes Robert E & Mary H Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oklahoma $697K (100%)

States

Oklahoma

Cities

BartlesvilleOklahoma City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,577,570	$2,560,669	$2,634,985
Revenue	$188,012	$65,803	$127,449
Expenses	$165,242	$137,346	$182,248
Qualifying Distributions	$146,891	$121,190	$162,994
Net Investment Income	$169,730	$67,601	$107,135
Distributable Amount	$137,082	$131,846	$138,024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Vision Advancement Fnd ($66,040), Salvation Army ($39,624), Cherokee Area Boy Scouts of America ($26,416).

Recipient	Purpose	Amount
SALVATION ARMY OKLAHOMA CITY, OK	OPERATING FUNDS	$39,624
CHEROKEE AREA BOY SCOUTS OF AMERICA BARTLESVILLE, OK	OPERATING FUNDS	$26,416
VISION ADVANCEMENT FND BARTLESVILLE, OK	OPERATING FUNDS	$66,040

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Arvest Trust Co NA	Trustee	2	$28,772

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Grimes Robert E & Mary H Foundation?

Grimes Robert E & Mary H Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DEWEY, OK. It holds $2.6M in total assets as of 2024.

How large is Grimes Robert E & Mary H Foundation?

As of 2024, Grimes Robert E & Mary H Foundation holds $2.6M in total assets with $188K in annual revenue. It awarded 3 grants totaling $132K in 2024.

Where does Grimes Robert E & Mary H Foundation operate?

Grimes Robert E & Mary H Foundation has awarded grants in Oklahoma.

What size grants does Grimes Robert E & Mary H Foundation award?

In 2024, Grimes Robert E & Mary H Foundation awarded 3 grants totaling $132K — an average of about $44K per grant, based on its IRS Form 990 filings.

How much is Grimes Robert E & Mary H Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Grimes Robert E & Mary H Foundation reported a distributable amount of $137K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Grimes Robert E & Mary H Foundation's EIN?

Grimes Robert E & Mary H Foundation's EIN (Employer Identification Number) is 73-6362062. IRS Form 990 filing data is available on this page for 2020–2024.