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The Puterbaugh Foundation

MCALESTER, OK EIN: 73-6092193 Website

The Puterbaugh Foundation is a private foundation based in McAlester, Oklahoma, established in 1952. The foundation was created by J. G. Puterbaugh (1876–1965), an Oklahoma industrialist, entrepreneur, and civic leader who built his wealth in the coal and oil industries. The foundation continues to carry out Puterbaugh's philanthropic mission across Oklahoma.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.6M

-5.2% YoY

Annual Giving

$1.1M

+15.8% YoY

Grant Count

24

+9.1% YoY

Avg Grant Size

$45K

+6.2% YoY

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

Mission & Focus Areas

The foundation does not maintain a published mission statement. However, based on its grantmaking activity, the Puterbaugh Foundation focuses on:

  • Education
  • Health care
  • Medical research
  • Youth and children's programs
  • Projects that enhance the quality of life in Oklahoma
  • Philanthropy and voluntarism
  • Human services

The foundation is particularly known for its support of literary and international studies through the Puterbaugh Festivals of World Literature and Culture at the University of Oklahoma, a program that has operated since 1968.

Grantmaking

The foundation made 26 grants in 2024, with total giving of $1,316,662. Recent grantees include:

Average Grant

amount varies by year

Grant Types

**

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Geographic Focus

Where this funder awards grants

The Puterbaugh Foundation primarily funds organizations and initiatives in Oklahoma.

Grant Distribution by State

1states

States

Cities

EdmondMcalesterNormanOklahoma CityStillwaterWilburton

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $11,559,472
  • Total giving: $1,316,662
  • Total revenues: $820,731
  • Total expenses: $1,188,535
  • Number of employees: 0

Funding sources: The foundation's grants are funded through investment income and royalty income.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$417K$834K$1M$2M20202021202220232024
Metric202420232022
Total Assets$11,559,472$12,198,028$12,458,417
Revenue$820,731$789,222$1,045,654
Expenses$1,188,535$1,042,253$1,048,203
Qualifying Distributions$1,359,425$983,231$977,778
Net Investment Income$765,109$680,240$925,270
Distributable Amount$1,102,418$941,856$941,646

Giving Over Time

Total grant dollars and number of grants per year

$0$273K$545K$818K$1M26 grants202021 grants202125 grants202222 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Southeast Oklahoma Publi…$600KOklahoma Medical Resrch …$100KMcAlester Public Schools$82KBoys and Girls Club of M…$50KShared Blessings$50KMRHC Mercy Clinic$29KOklahoma Heritage Museum$26KOklahoma National Memorial$25KUniversity of Oklahoma F…$25KOkla State University Fo…$25K

Grant Size Distribution

118 grants across all recorded years

95<$50K16$50–100K1$100–250K3$250–500K3$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

  • Steven Taylor — President
  • Cara Bland — Treasurer
  • Sayer Brenner — Trustee

Compensation Overview

From 2024 IRS filing

Steven TaylorPresident$39KCara BlandTreasurer$30KSayer BrennerTrustee$10K

From 2024 filing

NameTitleHoursCompensation
Steven TaylorPresident6$38,667
Cara BlandTreasurer2$30,316
Sayer BrennerTrustee$9,758

Recent News & Activity

Recent developments and announcements

The Puterbaugh Foundation continues to support the Puterbaugh Festivals of World Literature and Culture at the University of Oklahoma. These annual festivals bring internationally acclaimed authors—often Nobel Prize winners or nominees—to campus for courses, symposia, public talks, and student engagement. The festival series has educated thousands of University of Oklahoma students since 1968.

World Literature Today to Host Persian-themed Puterbaugh Lit Fest -

The foundation has also made recent gifts to Eastern Oklahoma State College, which named its nursing skills lab in honor of Puterbaugh Foundation support.

Eastern names nursing skills lab in honor of Puterbaugh Foundation gifts

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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