Tulsa Royalties Company
Tulsa Royalties Company is a supporting organization, created to provide financial support for Oklahoma Baptist University, an exempt organization. Oklahoma Baptist University is a Christian liberal arts university which transforms lives by equipping students to pursue academic excellence, integrate faith with all areas of knowledge, engage a diverse world and live worthy of the high calling of God in Christ.
Tulsa Royalties Company at a glance
In short: Tulsa Royalties Company gave $1.4M across 1 grant in 2025 (avg $1.4M), mostly in Oklahoma. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,401,250
- -3.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $1,401,250
- -3.0% vs 2024
- Median grant
- $1,401,250
- Total assets
- $162
- +128.2% vs 2024
- Primary geography
- Oklahoma (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Tulsa Royalties Company funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Oklahoma Baptist University ($1.4M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Tulsa Royalties Company gives
- Giving fell 57% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $966K (2020) to $3.3M (2022). In 2025 it made 1 grant totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Oklahoma Baptist University Shawnee, OK | Special projects on the campus of Oklahoma Baptist University | $1,401,250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $162 | $1,579,634 | $1,579,543 | $1,401,250 | 1 | $2,872 |
| 2024 | $71 | $1,629,284 | $1,629,358 | $1,444,525 | 1 | $2,397 |
| 2023 | $145 | $2,085,068 | $2,084,929 | $1,861,270 | 1 | $3,380 |
| 2022 | $6 | $3,658,107 | $3,658,315 | $3,253,000 | 1 | $2,782 |
| 2021 | $214 | $2,723,685 | $2,723,573 | $2,418,750 | 1 | $895 |
| 2020 | $102 | $1,080,360 | $1,080,295 | $965,500 | 1 | $876 |
About Tulsa Royalties Company
Based on IRS filings
Tulsa Royalties Company is a public charity, based in Shawnee, OK. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $162 in total assets. In 2025, it awarded 1 grant totaling $1.4M. Net investment income was $3K.
Leadership & Key People
Officers and directors from IRS filings
Tulsa Royalties Company is led by Joshua Wells, President since 2025 (on filings since 2024); none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joshua Wells
President
Director → President, 2025
On filings since 2024
0.5 hrs/week
No compensation reported
Matt Brown
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Aubrey Chapin
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Justin Sampler
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Steve Hall
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Dany Daniel
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Tre Landrum
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Heath Thomas
Vice President
On filings since 2020
0.5 hrs/week
No compensation reported
Randy L Smith
Vice President for Operations & Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Lester Kasterke
Assistant Secretary
On filings since 2021
0.5 hrs/week
No compensation reported
Former officers (10)
- Former: John Lee (2020–2024) — Director
- Former: Robert Morris (2021–2024) — President
- Former: Matt Brooks (2021–2023) — Director
- Former: Ben Stewart (2020–2022) — President
- Former: Michael Gabbert (2020–2022) — Director
- Former: Rhonda Mikles (2020–2022) — Director
- Former: Lauri Fluke (2020–2021) — Assistant Secretary
- Former: David W Whitlock (2020) — Former Officer
- Former: Denver Talley (2020) — Director
- Former: Eddie Lakey (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Tulsa Royalties Company
How much does Tulsa Royalties Company give each year?
Tulsa Royalties Company gave $1.4M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.4M across 1 grant.
How large is Tulsa Royalties Company?
Tulsa Royalties Company reported $162 in total assets on its 2025 IRS Form 990. Its revenue that year was $1.6M.
Where does Tulsa Royalties Company operate?
Tulsa Royalties Company has awarded grants in Oklahoma.
What is Tulsa Royalties Company's EIN?
Tulsa Royalties Company's EIN (Employer Identification Number) is 73-6101744. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS April 28, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 4, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
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