Lobeck Taylor Family Foundation
The Lobeck Taylor Family Foundation (LTFF) is a private 501(c)(3) grantmaking foundation based in Tulsa, Oklahoma. Founded in 1997 by Bill Lobeck and Kathy Taylor, the foundation has evolved into a second-generation philanthropic organization dedicated to strengthening Tulsa's entrepreneurial and innovation ecosystems. Beyond traditional grantmaking, LTFF operates and manages several community-focused programs and initiatives designed to support local economic development and small business growth.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$38.2M
-5.8% YoY
Annual Giving
$99K
-27.8% YoY
Grant Count
10
+25.0% YoY
Avg Grant Size
$10K
-42.2% YoY
Under IRS private-foundation payout rules, Lobeck Taylor Family Foundation reported a distributable amount of $2.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
LTFF's core mission is to empower Tulsans to achieve their goals by decreasing barriers associated with big ideas. The foundation operates as both a grantmaker and innovator, supporting entrepreneurial and innovation ecosystems through multiple channels.
The foundation's primary focus areas include:
- Entrepreneurship and Small Business Development: Supporting the launch and scaling of small businesses through direct programming and grants
- Economic Development: Fostering equitable growth and development in Tulsa, particularly along Route 66 and the Tulsa Market District
- Community Innovation: Serving as a convener and catalyst for collaborative community initiatives
- Education and Human Services: Supporting these sectors through its grant portfolio
Grantmaking
LTFF operates through two complementary entities: the Lobeck Taylor Family Foundation (the grantmaking arm) and LT Operating Foundation (LTOF), a 501(c)(3) principally funded by LTFF that manages operational programs.
Grant Range
s typically range from $237 to $145,695
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Geographic Focus
Where this funder awards grants
LTFF's primary geographic focus is Tulsa, Oklahoma, with particular emphasis on the Tulsa Market District along 11th Street between Peoria Avenue and Harvard Avenue and surrounding neighborhoods. The foundation also supports initiatives in other states, including California and other U.S. locations, with documented funding activity in cities including San Francisco, Dallas, and Washington.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Revenue (2024):
- Total Assets: $38.2 million - $40.5 million
- Total Revenue: $5.5 million
- Total Expenses: $1.9 million - $2.1 million
- Total Liabilities: $10.2 million (2023)
Staffing:
- Approximately 12 employees
Tax Status:
- Tax-exempt since June 1998
- EIN: 73-1519836
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $38,156,116 | $40,504,938 | $42,602,667 |
| Revenue | $5,545,122 | $1,941,354 | $1,062,019 |
| Expenses | $1,928,402 | $2,094,369 | $2,425,437 |
| Qualifying Distributions | $750,022 | $788,358 | $1,453,060 |
| Net Investment Income | $3,220,070 | $1,286,940 | $733,960 |
| Distributable Amount | $1,982,217 | $2,010,027 | $2,206,392 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
150 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Tulsa Area United Way ($50,000), City of Tulsa ($15,176), Oklahoma Center for Community Justice (occj) ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| I2E OKLAHOMA CITY, OK | GENERAL OPERATIONS | $5,000 |
| OKLAHOMA CENTER FOR COMMUNITY JUSTICE (OCCJ) TULSA, OK | GENERAL OPERATIONS | $10,000 |
| TULSA AREA UNITED WAY TULSA, OK | GENERAL OPERATIONS | $50,000 |
| TULSA AREA HISPANIC TULSA, OK | GENERAL OPERATIONS | $1,000 |
| TULSA GLOBAL ALLIANCE TULSA, OK | GENERAL OPERATIONS | $1,000 |
| TULSA REGIONAL CHAMBER TULSA, OK | GENERAL OPERATIONS | $2,000 |
| COMMUNITY FOOD BANK OF EASTERN OKLAHOMA TULSA, OK | GENERAL OPERATIONS | $2,500 |
| CITY OF TULSA TULSA, OK | GENERAL OPERATIONS | $15,176 |
| FOOD ON THE MOVE INC TULSA, OK | GENERAL OPERATIONS | $5,000 |
| KIVA SAN FRANCISCO, CA | GENERAL OPERATIONS | $7,051 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Elizabeth Frame Ellison: Chair of the Board and CEO (daughter of founder Kathy Taylor)
- Brian Paschal: Chief Executive Officer
- Kathy Taylor: Director (founder, serves without compensation)
- Margaret Lobeck Pellegrini: Director (serves without compensation)
- Tom Kennedy: Director (serves without compensation)
- William E. Lobeck Jr.: Director (serves without compensation)
- Cindy D. Roecker: Chief Financial Officer
- Michael McClendon: Chief Operating Officer
- Katy Hall: Chief Communications Officer
- Claire Lemaster: Brand Director
- Devin Currier: Operations Director
- Karissa Smith: Director
- Charlotte Charlie Love: Chief Program Officer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN PASCHAL | EXECUTIVE DIRECTOR | 40 | $197,407 |
| KATHY TAYLOR | DIRECTOR | — | — |
| MARGARET LOBECK PELLEGRINI | DIRECTOR | — | — |
| TOM KENNEDY | DIRECTOR | — | — |
| WILLIAM E LOBECK JR | DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
**Mother Road Market Recognition (2023)**: Mother Road Market was named 2023 Best Food Hall by USA Today 10Best Readers' Choice Awards. The foundation celebrated the market's fifth anniversary in November 2023, marking its opening on November 2, 2018.
**Streetscape Project Completion (2023)**: LTFF celebrated the completion of a $7 million beautification project in the Tulsa Market District, developed in partnership with the City of Tulsa, which enhanced walkability and safety in the area.
Lobeck Taylor Family Foundation celebrates Beautification Project**Historical Grants**: The foundation announced $100,000 to start the Tulsa Restaurant Employee Relief Fund and made a $1 million gift to the University of Oklahoma.
Lobeck Taylor Family Foundation Gives $1 Million to University of OklahomaSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Lobeck Taylor Family Foundation fund?
LTFF's core mission is to empower Tulsans to achieve their goals by decreasing barriers associated with big ideas. The foundation operates as both a grantmaker and innovator, supporting entrepreneurial and innovation ecosystems through multiple channels. The foundation's primary focus areas include: • **Entrepreneurship and Small Business Development**: Supporting the launch and scaling of small businesses through direct programming and grants • **Economic Development**: Fostering equitable gro…
How do I apply for a grant from Lobeck Taylor Family Foundation?
LTFF operates through two complementary entities: the Lobeck Taylor Family Foundation (the grantmaking arm) and LT Operating Foundation (LTOF), a 501(c)(3) principally funded by LTFF that manages operational programs. **Grant Activity:** • Made 68 grants in the most recent reporting year • Recent grants include $50,000 to Tulsa Area United Way, $15,176 to City of Tulsa Pipes and Drums, and $7,051 to Kiva Microfunds • Total giving reported at approximately $98,727-$137,000 annually in recent yea…
Where does Lobeck Taylor Family Foundation make grants?
LTFF's primary geographic focus is Tulsa, Oklahoma, with particular emphasis on the Tulsa Market District along 11th Street between Peoria Avenue and Harvard Avenue and surrounding neighborhoods. The foundation also supports initiatives in other states, including California and other U.S. locations, with documented funding activity in cities including San Francisco, Dallas, and Washington.
What size grants does Lobeck Taylor Family Foundation award?
In 2024, Lobeck Taylor Family Foundation awarded 10 grants totaling $99K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Lobeck Taylor Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lobeck Taylor Family Foundation reported a distributable amount of $2.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lobeck Taylor Family Foundation's EIN?
Lobeck Taylor Family Foundation's EIN (Employer Identification Number) is 73-1519836. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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