Program areas at LT Operating Foundation
Mother road market was formed to provide food entrepreneurs with the opportunity to pilot test their latest concepts without financial investments of opening a full scale shop.
The tulsa startup series was formed to support innovation,growth, & creativity among tulsa's enterpreneurial community.
Kitchen 66 was formed to provide food entrepreneurs education, mentorship and access to affordable kitchen space as they start and scale their businesses.
The LT Operating Foundation primarily accomplishes its charitable purpose of positive cultural, economic and educational impact through mother road market and kitchen 66. Both programs are aligned with the goals of improving pride of place, increasing economic activity and equity, creating generational wealth, and improving physical infrastructure in the 11th st corridior of tulsa, Oklahoma known as the tulsa market district. Below is a detailed explanation of how mother road market and kitchen 66 meet the operational test per reg 1.501(c)(3)-1(c). 1. Primary activities: mother road market and kitchen 66 will conduct activities that solely further its tax-exempt purpose. A. Mother road market and kitchen 66 offer the following services to the underserved community in the surrounding area. I. Programs for food entrepreneurs in need, offering them weekly classes and affordable kitchen space for the entrepreneurs to learn in a safe environment. Ii. Providing low risk space for new busines
Grants made by LT Operating Foundation
Personnel at LT Operating Foundation
Name | Title | Compensation | Date of data |
---|
Elizabeth Frame Ellison | Executive Director | $0 | 2022-12-31 |
Cindy Roecker | Treasurer and Secretary | | 2023-11-14 |
Financials for LT Operating Foundation
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $369,294 | $910,613 | -59.4% |
Investment income and dividends | $30,579 | $42,734 | -28.4% |
Net rental income | $-52,945 | $-75,522 | 29.9% |
Net gain from sale of non-inventory assets | $-194,925 | $15,989 | -1319.1% |
Gross sales of inventory | $326,946 | $252,352 | 29.6% |
Miscellaneous revenues | $163,260 | $277,721 | -41.2% |
Total revenues | $1,299,281 | $1,908,229 | -31.9% |
Organizations like LT Operating Foundation
Organization | Type | Location | Revenue |
---|
The Walpole Foundation | 501(c)(3) | Walpole, NH | $687,563 |
Revitalize Mississippi | 501(c)(3) | Jackson, MS | $379,902 |
Bethany Development Outreach HDFC | 501(c)(3) | New York, NY | $1,178,375 |
Innovation Accelerator Foundation | 501(c)(3) | Omaha, NE | $501,685 |
Mentors | 501(c)(3) | Incline Village, NV | $334,430 |
Common Ground Committee | 501(c)(3) | Sherman, CT | $2,452,043 |
Technology Ventures Corporation | 501(c)(3) | Albuquerque, NM | $2,081,542 |
Northwest Kansas Economic Innovation Center | 501(c)(3) | Norton, KS | $2,636,959 |
Foundation for Enterprise Development | 501(c)(3) | La Jolla, CA | $585,490 |
Plymouth Regional Economic Development Foundation | 501(c)(3) | Plymouth, MA | $448,194 |
Data update history
January 3, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 3, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 4, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
Community improvementEconomic development
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
- Address
- 1124 S Lewis Ave
- Tulsa, OK 74104
- Metro area
- Tulsa, OK
- Phone
- (918) 583-2955
IRS details
- EIN
- 82-1728733
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2018
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
Free account sign-up
Want updates when LT Operating Foundation has new information, or want to find more organizations like LT Operating Foundation?
Create free Cause IQ account