Opportunity to Learn Foundation

NORMAN, OK EIN: 85-6710297

Opportunity to Learn Foundation is a private foundation, based in NORMAN, OK. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $83K in total assets. In 2023, it awarded 4 grants totaling $6K. Net investment income was $525.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$83K

-1.3% YoY

Annual Giving

$6K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

+0.0% YoY

Under IRS private-foundation payout rules, Opportunity to Learn Foundation reported a distributable amount of $4K for 2023 — the minimum it must pay out in qualifying distributions.

About Opportunity to Learn Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oklahoma $17K (100%)

States

Oklahoma

Cities

Norman

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	$83,446	$84,560	$86,316
Revenue	$3,971	$4,613	$46,053
Expenses	$7,830	$6,366	$4,881
Qualifying Distributions	$13,337	$6,000	$4,500
Net Investment Income	$525	$2,569	$20,572
Distributable Amount	$4,082	$3,952	$3,491

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2023

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Kiah Stuart ($1,500), Jaleel Zubayr ($1,500), Cheyenne Sandison-Simmons ($1,500).

Recipient	Purpose	Amount
Kiah Stuart Norman, OK	Scholarship	$1,500
Jaleel Zubayr Norman, OK	Scholarship	$1,500
Cheyenne Sandison-Simmons Norman, OK	Scholarship	$1,500
Ducle Escobar Norman, OK	Scholarship	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
Craig Heaton	Founder	1	—

Frequently Asked Questions

How large is Opportunity to Learn Foundation?

As of 2023, Opportunity to Learn Foundation holds $83K in total assets with $4K in annual revenue. It awarded 4 grants totaling $6K in 2023.

Where does Opportunity to Learn Foundation operate?

Opportunity to Learn Foundation has awarded grants in Oklahoma.

What size grants does Opportunity to Learn Foundation award?

In 2023, Opportunity to Learn Foundation awarded 4 grants totaling $6K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Opportunity to Learn Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Opportunity to Learn Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Opportunity to Learn Foundation's EIN?

Opportunity to Learn Foundation's EIN (Employer Identification Number) is 85-6710297. IRS Form 990 filing data is available on this page for 2020–2023.