Capital Campaign in Oklahoma? Here’s a Local Funder You Should Know

Near the holidays, the Oklahoma City-based Inasmuch Foundation awards its final grants for the year. And we’ve been taking a look at how these new commitments have played over the past couple years. As a reminder, this is a locally focused funder that awards grants in the fields of education, health and human services, and community enhancement.

End-of-2016 grantmaking was considerably lighter than usual compared to other recent giving rounds. In early December, the foundation announced $2.4 million in new grants to 25 new Oklahoma groups. This is compared to $6.68 million to 34 local organizations in the state in November 2015.

But aside from the dollar amounts, what really stood out to us from this recent grant cycle is Inasmuch’s unwavering support for capital campaigns.

Once again, the most overall grants went to health and human services causes in Oklahoma. Eleven of these grants were awarded in the most recent cycle between $15,000 and $500,000. Top-earning health and human service grantees were NewView Oklahoma for a capital campaign to renovate a building and Rainbow Fleet to expand early childhood development services.

Education grants came in second in this most recent round with a total of eight new education grantees. These grants ranged from $15,000 to $250,000 each. Oklahoma State University received the largest education grant for a performing arts capital campaign  

Inasmuch awarded six new community enhancement grants recently, ranging in size from $22,500 to $350,000. Not to sound like a broken record here, but once again, the top-earning grantee received money for a capital campaign. TEEM (The Education and Employment Ministry) received a $350,000 grant for capital improvements for its headquarters building and also for general support.

So the moral of the story, here, is that Inasmuch should be your go-to funder for capital needs if you’re working in these fields in the state of Oklahoma. Don’t expect to receive millions of dollars from this funder, but you may be able to get that extra boost you need for building repairs and upgrades.

This is also a foundation that isn’t afraid to back start-up costs for nonprofit efforts. In the previous Oklahoma funding cycle in May 2016, it awarded $470,000 to Cristo Rey Network for start-up operating costs for a new high school in Oklahoma City. In the health and human services category, it awarded a $350,000 grant to the Oklahoma City Family Justice Center in that grant cycle for start-up operating costs and for a camping/mentoring initiative.

Organizations throughout the state of Oklahoma and in Colorado Springs, Colorado are eligible to apply for Inasmuch grants. However, Colorado Springs commitments are far fewer. The funder recently announced $255,000 in Colorado Springs grants. The next letter of inquiry deadline is February 15, for which funding decisions will be made at the end of April.