Larkin Bailey Foundation

Private foundation · Grantmaker Bartlesville, OK EIN: 73-1258217

Larkin Bailey Foundation is a private foundation, based in Bartlesville, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. Net investment income was $1.1M.

Key facts about Larkin Bailey Foundation

EIN
73-1258217
Latest 990 filing
Form 990-PF, 2024
Total assets
$5,277,553

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.3M

+25.3% YoY

Revenue

$1.8M

+213.6% YoY

Net Investment Income

$1.1M

+602.3% YoY

Expenses

$756K

+76.3% YoY

Under IRS private-foundation payout rules, Larkin Bailey Foundation reported a distributable amount of $864K for 2024 — the minimum it must pay out in qualifying distributions.

How Larkin Bailey Foundation gives

  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

OwassoTulsa

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5M$5M$7.5M$10M2 grants20200 grants20213 grants20220 grants20230 grants2024

From 2020 to 2022, annual grant giving ranged from $12K (2020) to $8.3M (2022). In 2022 it made 3 grants totaling $8.3M.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M1$5M+

The most common grant size was under $50K: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5M$5M$7.5M$10M20202021202220232024
Metric202420232022
Total Assets$5,277,553$4,212,713$4,061,082
Revenue$1,821,031$580,599$336,807
Expenses$756,191$428,968$8,648,958
Qualifying Distributions——$8,433,763
Net Investment Income$1,064,840$151,631$121,612
Distributable Amount$863,605$779,172$493,347

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Larkin Bailey Foundation's 2024 filing lists 5 officers; all 5 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Drew Cartright

    Trustee

    On filings since 2020

    33.3 hrs/week

    $56K (2020) → $38K (2024)

  • Linda Cravens

    Trustee

    On filings since 2020

    33.3 hrs/week

    $14K (2020) → $38K (2024)

  • Gretchen Caraway

    Trustee

    New on the 2024 filing

    33.3 hrs/week

    $10K (2024)

  • Jacquelyn R. Guy McClintock

    Trustee

    New on the 2024 filing

    33.3 hrs/week

    $38K (2024)

  • Mike Westerman

    Trustee

    New on the 2024 filing

    33.3 hrs/week

    $14K (2024)

Former officers (3)
  • Former: Jacquelyn R. Guy Mc Clintock (2023) — Trustee
  • Former: Jacquelyn R. Guy (2020–2022) — Trustee
  • Former: Patsy R. Cravens (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Drew Cartright — Trustee: $38KDrew CartrightTrustee$38KJacquelyn R Guy McClintock — Trustee: $38KJacquelyn R Guy…Trustee$38KLinda Cravens — Trustee: $38KLinda CravensTrustee$38KMike Westerman — Trustee: $14KMike WestermanTrustee$14KGretchen Caraway — Trustee: $10KGretchen CarawayTrustee$10K

The highest reported compensation on the 2024 filing was $38K, to Drew Cartright (Trustee). 5 officers or directors reported compensation on that filing.

Frequently asked questions about Larkin Bailey Foundation

How large is Larkin Bailey Foundation?

Larkin Bailey Foundation reported $5.3M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $1.8M.

Where does Larkin Bailey Foundation operate?

Larkin Bailey Foundation has awarded grants in Oklahoma.

How much is Larkin Bailey Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Larkin Bailey Foundation reported a distributable amount of $864K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Larkin Bailey Foundation's EIN?

Larkin Bailey Foundation's EIN (Employer Identification Number) is 73-1258217. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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