The Gelvin Foundation
The Gelvin Foundation is a private, independent foundation established in 1992 and based in Eufaula, Oklahoma. Founded by Lyle M. Gelvin, the Foundation provides monetary support to non-profit organizations across Oklahoma, with a particular emphasis on communities in northeastern Oklahoma. Since 1996, the Foundation has distributed over $10 million to more than 230 charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.2M
+30.7% YoY
Annual Giving
$431K
-7.8% YoY
Grant Count
76
-5.0% YoY
Avg Grant Size
$6K
-2.9% YoY
Mission & Focus Areas
The Foundation's mission is to make a significant and positive impact on the quality of life for all Oklahomans by supporting a variety of community services, health care programs, educational projects, and programs in the arts.
The Foundation makes grants in four primary fields of interest:
- Cultural/Arts
- Education
- Health Care
- Family and Community Service
The allocation of funding within these groups is reviewed by the Board on an annual basis and occasionally adjusted.
Grantmaking
The Foundation generally gives priority to proposals with clearly defined benefits, particularly those for:
Average Grant
amount: approximately $6,000
How to Apply
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Geographic Focus
Where this funder awards grants
The Foundation's grants are limited by policy to non-profit organizations principally in Oklahoma, with emphasis given to organizations whose programs and services primarily benefit those living within a 30-mile radius of Tulsa or Eufaula.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $9,229,613
- Total Revenues: $780,846
- Total Expenses: $532,134
- Total Giving: $430,800
- Investment Income and Dividends: $229,437
- Net Gain from Sale of Non-Inventory Assets: $551,409
Historical Giving:
- Annual giving has ranged from $428,000 (2020) to $1.1 million (2022)
- Since 1996, the Foundation has contributed over $10 million to charitable organizations
- The Foundation has made 309 grants totaling $1.9 million across available records
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,229,613 | $7,059,409 | $7,257,693 |
| Revenue | $780,846 | $345,792 | $626,971 |
| Expenses | $532,134 | $581,105 | $654,170 |
| Qualifying Distributions | $520,800 | $467,000 | $610,300 |
| Net Investment Income | $769,512 | $273,687 | $342,520 |
| Distributable Amount | $557,455 | $502,965 | $537,138 |
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
250 grants across all recorded years
Open Grants
1 open opportunity from The Gelvin Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer: Lyle M. Gelvin (Founder)
The Foundation is governed by 2 officers and trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THERESE STARR | PRESIDENT | — | — |
| TERRY DOVERSPIKE | CHIEF EXECUTIVE OFFICE | — | — |
Contact Information
- Phone: 918-452-3703
- Website: www.gelvinfoundation.org
- Mailing Address: PO Box 837, Eufaula, OK 74432-0837
- EIN: 73-1419663
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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