Lionel and Bea Harris Foundation

CUSHING, OK EIN: 47-4310838

The Lionel and Bea Harris Foundation is a private 501(c)(3) grantmaking foundation based in Cushing, Oklahoma. Established in 2016, the foundation focuses on supporting community organizations, churches, and public institutions primarily in the Cushing and Drumright areas of Oklahoma.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$34.6M

+8.3% YoY

Annual Giving

$941K

+88.6% YoY

Grant Count

23

+64.3% YoY

Avg Grant Size

$41K

+14.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's purpose is to support Drumright community organizations, churches, and Cushing public organizations. Primary funding focus areas include:

  • Education
  • Human Services
  • Youth Services and Programs
  • Children's Programs
  • Philanthropy and Voluntarism

Grantmaking

The foundation makes contributions to support various community initiatives, including general fund support, benevolence funds, and COVID-19 response funding.

Grant Types

**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Oklahoma, with particular emphasis on:

  • Cushing, Oklahoma
  • Drumright, Oklahoma

Grant Distribution by State

1states

States

Cities

BristowClevelandCushigCushingDrumrightMoundsPerkinsRipleyStillwaterYale

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $31.9 million
  • Total Revenue: $2.09 million
  • Total Expenses: $936,000
  • Total Liabilities: $859,000

As of 2024 (most recent filing):

  • Total Assets: $34.58 million
  • Total Giving: $941,299
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$34,581,331$31,922,702$28,596,760
Revenue$1,833,626$2,092,204$7,147,302
Expenses$1,400,246$936,407$1,006,432
Qualifying Distributions$1,400,246$936,407$1,006,432
Net Investment Income$1,374,679$1,654,978$6,715,075
Distributable Amount$1,598,672$1,378,525$940,016

Giving Over Time

Total grant dollars and number of grants per year

$0$235K$471K$706K$941K21 grants202020 grants202111 grants202214 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CIMMARRON VALLEY COOP INC$410KOAK GROVE BAPTIST CHURCH$250KEPOS OUTREACH INTERNATIO…$98KLOVE INC OF GREATER CUSH…$33KCIMARRON VALLEY ENTREPRE…$25KDRUMRIGHT COMMUNITY FUND…$23KCUSHING FAIRLAWN NEW ZIO…$15KOKLAHOMA FFA FOUNDATION$15KDRUMRIGHT CONNUNITY PLAY…$15KCITY OF YALE$13K

Grant Size Distribution

89 grants across all recorded years

74<$50K7$50–100K4$100–250K3$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Brenda Magdeburg is listed as a trustee of the foundation.

Compensation Overview

From 2024 IRS filing

BRENDA MAGDEBURGTrustee$220K

From 2024 filing

NameTitleHoursCompensation
BRENDA MAGDEBURGTrustee40$220,000

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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