The Helmerich Trust
The Helmerich Trust is a private foundation focused on Arts and culture, based in Tulsa, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $95.1M in total assets. In 2024, it awarded 1 grant totaling $8.2M. Net investment income was $6.2M.
The Helmerich Trust at a glance
In short: The Helmerich Trust gave $8.2M across 1 grant in 2024 (avg $8.2M), mostly in Oklahoma. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $8,243,000
- +62.5% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $8,243,000
- +62.5% vs 2023
- Median grant
- $8,243,000
- Total assets
- $95,053,692
- -2.6% vs 2023
- Primary geography
- Oklahoma (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Helmerich Trust funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
How The Helmerich Trust gives
- Giving grew 111% from 2021 to 2024. Method
- In 2024 it paid out 158% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3.9M (2021) to $8.2M (2024). In 2024 it made 1 grant totaling $8.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached Schedule Various, OK | See Attached Schedule | $8,243,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $95,053,692 | $7,699,661 | $10,203,240 | $8,243,000 | 1 | $8,687,285 | $6,237,840 | $5,485,996 |
| 2023 | $97,557,271 | $2,419,504 | $6,756,431 | $5,071,338 | 1 | $5,505,221 | $1,937,439 | $5,353,980 |
| 2022 | $98,566,358 | $509,655 | $7,732,819 | $6,040,850 | 1 | $6,525,003 | $2,086,420 | $5,570,957 |
| 2021 | $102,632,790 | $13,260,619 | $5,650,973 | $3,915,000 | 1 | $4,337,564 | $11,956,149 | $5,646,332 |
| 2020 | $94,365,938 | $2,914,883 | $7,008,221 | $5,125,859 | 1 | — | $1,845,948 | $5,238,588 |
Under IRS private-foundation payout rules, The Helmerich Trust reported a distributable amount of $5.5M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Helmerich Trust's 2024 filing lists 5 officers; all 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Dow Z. Helmerich
Co-Trustee
On filings since 2020
6 hrs/week
$114K (2020) → $112K (2024)
Hans C. Helmerich
Co-Trustee
On filings since 2020
6 hrs/week
$114K (2020) → $112K (2024)
Jonathan D. Helmerich
Co-Trustee
On filings since 2020
6 hrs/week
$114K (2020) → $112K (2024)
Matthew G. Helmerich
Co-Trustee
On filings since 2020
6 hrs/week
$114K (2020) → $112K (2024)
Jordan E. Helmerich
Co-Trustee
On filings since 2022
6 hrs/week
$30K (2022) → $112K (2024)
Former officers (1)
- Former: Walter H. Helmerich IV (2020–2023) — Emeritus
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
The highest reported compensation on the 2024 filing was $112K, to Hans C Helmerich (Co-Trustee). 5 officers or directors reported compensation on that filing.
Frequently asked questions about The Helmerich Trust
How much does The Helmerich Trust give each year?
The Helmerich Trust gave $8.2M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5.1M across 1 grant.
How large is The Helmerich Trust?
The Helmerich Trust reported $95.1M in total assets on its 2024 IRS Form 990-PF. It paid out $8.7M in qualifying distributions that year, against a required minimum of $5.5M (roughly 5% of its investment assets).
What is The Helmerich Trust?
The Helmerich Trust is a private foundation focused on Arts and culture, based in Tulsa, OK. It holds $95.1M in total assets as of 2024.
Where does The Helmerich Trust operate?
The Helmerich Trust has awarded grants in Oklahoma.
What is The Helmerich Trust's EIN?
The Helmerich Trust's EIN (Employer Identification Number) is 73-1304358. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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