Skip to content
ProPublica Donate
ProPublica Donate

George Kaiser Family Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$736M (2023)

Expenses
$263M (2023)

Total Assets
$4.94B (2023)

Total Liabilities
$210M (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$736,156,680
Expenses
$263,309,460
Net Income
$472,847,220
Net Assets
$4,729,734,572
Notable Sources of Revenue Percent of Total Revenue
Contributions $716,368,060
97.3%
Program Services $0
Investment Income $33,371,185
4.5%
Bond Proceeds $0
Royalties $92,732
0.0%
Rental Property Income -$3,626,220
Net Fundraising $0
Sales of Assets -$9,795,986
Net Inventory Sales $0
Other Revenue -$253,091
Notable Expenses Percent of Total Expenses
Executive Compensation $2,045,873
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $13,133,912
5.0%
Assets/Debt
Total Assets $4,939,370,305
Total Liabilities $209,635,733
Net Assets $4,729,734,572
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert Thomas (Chief Inv. Off.) $900,797 $0 $46,428
Ken Levit (Exec. Director) $715,300 $0 $58,286
William J Stava Iii (Sr Program Officer) $496,250 $86,950 $66,282
John Budd (Chief Op Officer) $424,901 $0 $31,675
Reid Spears (Sr Program Officer) $394,885 $0 $41,526
Annie Van Hanken (Sr Program Officer) $371,642 $0 $38,905
Julio Baden (Executive Director) $362,970 $0 $23,370
Frederic Dorwart (Board Of Dir.) $0 $0 $0
Phil Lakin (Board Of Dir.) $0 $628,288 $65,339
Emily L Kaiser (Board Of Dir.) $0 $0 $0
Leah M Kaiser (Board Of Dir.) $0 $0 $0
Philip A Kaiser (Board Of Dir.) $0 $0 $0
Chester Cadieux Iii (Board Of Dir.) $0 $0 $0
Ray Owens (Board Of Dir.) $0 $0 $0
Rose Washington Jones (Board Of Dir.) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$813,108,548
Expenses
$241,426,057
Net Income
$571,682,491
Net Assets
$4,683,025,690
Notable Sources of Revenue Percent of Total Revenue
Contributions $494,136,751
60.8%
Program Services $0
Investment Income $44,490,901
5.5%
Bond Proceeds $0
Royalties $7,489
0.0%
Rental Property Income $2,595,562
0.3%
Net Fundraising $0
Sales of Assets $217,038,822
26.7%
Net Inventory Sales $0
Other Revenue $54,839,023
6.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,194,999
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $10,889,569
4.5%
Assets/Debt
Total Assets $4,921,816,352
Total Liabilities $238,790,662
Net Assets $4,683,025,690
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert Thomas (Chief Inv. Off.) $997,249 $0 $55,320
Ken Levit (Exec. Director) $774,250 $0 $55,320
William J Stava Iii (Sr Program Officer) $454,000 $88,440 $57,498
John Budd (Chief Op Officer) $416,479 $0 $34,997
Brian Zorb (Investment Officer) $384,904 $0 $65,008
Annie Van Hanken (Sr Program Officer) $351,500 $0 $42,348
Reid Spears (Sr Program Officer) $351,385 $0 $45,447
Frederic Dorwart (Board Of Dir.) $0 $0 $0
Phil Lakin (Board Of Dir.) $0 $575,598 $58,355
Phil Frohlich (Board Of Dir.) $0 $0 $0
Emily L Kaiser (Board Of Dir.) $0 $0 $0
Leah M Kaiser (Board Of Dir.) $0 $0 $0
Philip A Kaiser (Board Of Dir.) $0 $0 $0
Chester Cadieux Iii (Board Of Dir.) $0 $0 $0
Ray Owens (Board Of Dir.) $0 $0 $0
Rose Washington (Board Of Dir.) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$213,681,742
Expenses
$238,750,435
Net Income
-$25,068,693
Net Assets
$4,950,609,849
Notable Sources of Revenue Percent of Total Revenue
Contributions $123,168,173
57.6%
Program Services $0
Investment Income $67,471,151
31.6%
Bond Proceeds $0
Royalties $108,116
0.1%
Rental Property Income -$864,815
Net Fundraising $0
Sales of Assets $24,184,430
11.3%
Net Inventory Sales $0
Other Revenue -$385,313
Notable Expenses Percent of Total Expenses
Executive Compensation $3,275,313
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $8,145,386
3.4%
Assets/Debt
Total Assets $5,269,362,275
Total Liabilities $318,752,426
Net Assets $4,950,609,849
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert Thomas (Chief Inv. Off.) $812,250 $0 $53,324
Ken Levit (Exec. Director) $646,000 $0 $53,324
William J Stava Iii (Sr Program Officer) $433,750 $88,450 $52,440
Amy Santee (Sr Program Officer) $377,455 $0 $32,588
Annie Van Hanken (Sr Program Officer) $360,858 $0 $43,279
Tyson Banbury (Investment Officer) $322,500 $0 $24,821
Brian Zorb (Investment Officer) $322,500 $0 $26,250
Frederic Dorwart (Board Of Dir.) $0 $0 $0
Phil Lakin (Board Of Dir.) $0 $482,136 $53,054
Phil Frohlich (Board Of Dir.) $0 $0 $0
Emily L Kaiser (Board Of Dir.) $0 $0 $0
Leah M Kaiser (Board Of Dir.) $0 $0 $0
Philip A Kaiser (Board Of Dir.) $0 $0 $0
Chester Cadieux Iii (Board Of Dir.) $0 $0 $0
Ray Owens (Board Of Dir.) $0 $0 $0
Rose Washington (Board Of Dir.) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$147,545,498
Expenses
$181,461,156
Net Income
-$33,915,658
Net Assets
$3,835,660,427
Notable Sources of Revenue Percent of Total Revenue
Contributions $35,192,630
23.9%
Program Services $0
Investment Income $68,416,038
46.4%
Bond Proceeds $0
Royalties $51,393
0.0%
Rental Property Income -$1,528,058
Net Fundraising $0
Sales of Assets $51,089,225
34.6%
Net Inventory Sales $0
Other Revenue -$5,675,730
Notable Expenses Percent of Total Expenses
Executive Compensation $3,192,347
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $7,421,868
4.1%
Assets/Debt
Total Assets $4,216,369,136
Total Liabilities $380,708,709
Net Assets $3,835,660,427
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert Thomas (Chief Inv. Off.) $827,685 $0 $53,687
Ken Levit (Exec. Director) $578,769 $0 $52,987
William J Stava Iii (Sr Program Officer) $426,539 $87,299 $53,771
Tyson Banbury (Investment Officer) $363,222 $0 $23,581
Brian Zorb (Investment Officer) $345,857 $0 $40,324
Annie Van Hanken (Sr Program Officer) $314,058 $0 $32,817
Amy Santee (Sr Program Officer) $313,308 $0 $48,643
Frederic Dorwart (Board Of Dir.) $0 $0 $0
Phil Lakin (Board Of Dir.) $0 $546,094 $53,219
Phil Frohlich (Board Of Dir.) $0 $0 $0
Emily L Kaiser (Board Of Dir.) $0 $0 $0
Leah M Kaiser (Board Of Dir.) $0 $0 $0
Philip A Kaiser (Board Of Dir.) $0 $0 $0
Chester Cadieux Iii (Board Of Dir.) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$451,200,306
Expenses
$166,307,835
Net Income
$284,892,471
Net Assets
$3,739,203,566
Notable Sources of Revenue Percent of Total Revenue
Contributions $122,880,388
27.2%
Program Services $0
Investment Income $77,496,478
17.2%
Bond Proceeds $0
Royalties $1,925,780
0.4%
Rental Property Income -$1,967,200
Net Fundraising $0
Sales of Assets $256,841,403
56.9%
Net Inventory Sales $0
Other Revenue -$5,976,543
Notable Expenses Percent of Total Expenses
Executive Compensation $3,033,793
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $10,379,011
6.2%
Assets/Debt
Total Assets $4,050,202,254
Total Liabilities $310,998,688
Net Assets $3,739,203,566

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$369,032,460
Expenses
$272,715,368
Net Income
$96,317,092
Net Assets
$3,567,278,352
Notable Sources of Revenue Percent of Total Revenue
Contributions $107,816,510
29.2%
Program Services $0
Investment Income $77,598,169
21.0%
Bond Proceeds $0
Royalties $13,624
0.0%
Rental Property Income $2,174,297
0.6%
Net Fundraising $0
Sales of Assets $166,395,448
45.1%
Net Inventory Sales $0
Other Revenue $15,034,412
4.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $3,058,953
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $5,584,309
2.0%
Assets/Debt
Total Assets $3,842,098,828
Total Liabilities $274,820,476
Net Assets $3,567,278,352

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$275,055,955
Expenses
$114,493,149
Net Income
$160,562,806
Net Assets
$3,711,936,366
Notable Sources of Revenue Percent of Total Revenue
Contributions $149,397,734
54.3%
Program Services $0
Investment Income $86,125,785
31.3%
Bond Proceeds $0
Royalties -$1,163
Rental Property Income -$2,807,755
Net Fundraising $0
Sales of Assets $28,860,379
10.5%
Net Inventory Sales $0
Other Revenue $13,480,975
4.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,798,600
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,337,085
2.0%
Assets/Debt
Total Assets $3,909,235,526
Total Liabilities $197,299,160
Net Assets $3,711,936,366

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$5,121,009
Expenses
$93,549,670
Net Income
-$98,670,679
Net Assets
$3,204,681,914
Notable Sources of Revenue Percent of Total Revenue
Contributions $34,067,287
Program Services $0
Investment Income $77,228,873
Bond Proceeds $0
Royalties $39,495
Rental Property Income -$1,976,221
Net Fundraising $0
Sales of Assets -$125,999,206
Net Inventory Sales $0
Other Revenue $11,518,763
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,390,248
1.5%
Assets/Debt
Total Assets $3,534,954,825
Total Liabilities $330,272,911
Net Assets $3,204,681,914

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$79,068,113
Expenses
$186,893,837
Net Income
-$265,961,950
Net Assets
$3,086,259,827
Notable Sources of Revenue Percent of Total Revenue
Contributions $94,313,201
Program Services $0
Investment Income $52,217,093
Bond Proceeds $0
Royalties $4,491
Rental Property Income -$323,176
Net Fundraising $0
Sales of Assets -$234,142,879
Net Inventory Sales $0
Other Revenue $8,863,157
Notable Expenses Percent of Total Expenses
Executive Compensation $2,233,746
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,350,274
0.7%
Assets/Debt
Total Assets $3,849,914,035
Total Liabilities $763,654,208
Net Assets $3,086,259,827

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$361,440,542
Expenses
$231,783,816
Net Income
$129,656,726
Net Assets
$3,382,009,785
Notable Sources of Revenue Percent of Total Revenue
Contributions $301,472,220
83.4%
Program Services $0
Investment Income $47,934,243
13.3%
Bond Proceeds $0
Royalties $8,798
0.0%
Rental Property Income -$789,245
Net Fundraising $0
Sales of Assets $4,787,467
1.3%
Net Inventory Sales $0
Other Revenue $8,027,059
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,818,150
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $866,277
0.4%
Assets/Debt
Total Assets $3,776,874,671
Total Liabilities $394,864,886
Net Assets $3,382,009,785

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$154,309,309
Expenses
$78,418,822
Net Income
$75,890,487
Net Assets
$3,260,724,823
Notable Sources of Revenue Percent of Total Revenue
Contributions $118,746,338
77.0%
Program Services $0
Investment Income $45,594,419
29.5%
Bond Proceeds $0
Royalties $16,348
0.0%
Rental Property Income $34,889
0.0%
Net Fundraising $0
Sales of Assets -$17,475,183
Net Inventory Sales $0
Other Revenue $7,392,498
4.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,190,302
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $973,600
1.2%
Assets/Debt
Total Assets $3,475,530,571
Total Liabilities $214,805,748
Net Assets $3,260,724,823

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$31,998,368
Expenses
$102,288,362
Net Income
-$134,286,730
Net Assets
$3,098,560,582
Notable Sources of Revenue Percent of Total Revenue
Contributions $74,252,937
Program Services $0
Investment Income $46,357,437
Bond Proceeds $0
Royalties $6,423
Rental Property Income $987,480
Net Fundraising $0
Sales of Assets -$146,806,743
Net Inventory Sales $0
Other Revenue -$6,795,902
Notable Expenses Percent of Total Expenses
Executive Compensation $1,974,722
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $855,164
0.8%
Assets/Debt
Total Assets $3,324,829,281
Total Liabilities $226,268,699
Net Assets $3,098,560,582

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$129,891,817
Expenses
$93,320,735
Net Income
$36,571,082
Net Assets
$3,215,990,824
Notable Sources of Revenue Percent of Total Revenue
Contributions $42,384,151
32.6%
Program Services $0
Investment Income $57,203,268
44.0%
Bond Proceeds $0
Royalties $7,502
0.0%
Rental Property Income $854,685
0.7%
Net Fundraising $0
Sales of Assets $33,730,469
26.0%
Net Inventory Sales $0
Other Revenue -$4,288,258
Notable Expenses Percent of Total Expenses
Executive Compensation $834,239
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,239,861
1.3%
Assets/Debt
Total Assets $3,496,641,411
Total Liabilities $280,650,587
Net Assets $3,215,990,824

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$306,523,954
Expenses
$64,064,300
Net Income
$242,459,654
Net Assets
$3,437,358,186
Notable Sources of Revenue Percent of Total Revenue
Contributions $36,560,738
11.9%
Program Services $0
Investment Income $31,624,577
10.3%
Bond Proceeds $0
Royalties $5,385
0.0%
Rental Property Income $732,622
0.2%
Net Fundraising $0
Sales of Assets $237,561,496
77.5%
Net Inventory Sales $0
Other Revenue $39,136
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,163,000
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $723,254
1.1%
Assets/Debt
Total Assets $3,538,730,755
Total Liabilities $101,372,569
Net Assets $3,437,358,186

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »