City of Muskogee Foundation

The City of Muskogee Foundation is a community foundation created by the City of Muskogee, Oklahoma (which is also the Foundation's sole owner) to manage over $100 million in assets it received from the lease of its City-owned hospital. Each year, the Foundation grants over $2 million to community organizations and non-profit groups throughout the Muskogee community.

City of Muskogee Foundation

Founded	June 24, 2008
Type	Community foundation (IRS exemption status): 501(c)(3)
Focus	Education, Healthcare, Economic Development
Location	Muskogee, Oklahoma
Area served	Greater Muskogee area
Method	Donations and Grants
Owner	City of Muskogee, Oklahoma
Key people	John Tyler Hammons, Mayor John Barton, Chair Frank Merrick, Executive Director
Endowment	US$ 100 million
Employees	4
Website	City of Muskgee Foundation

Appointed by Muskogee Mayor John Tyler Hammons, the current chair of the board of directors is John Barton, having served in that capacity since the Foundation was established in 2008.

Mission statement

The mission statement of the Foundation is "Making a Real Difference" for Muskogee.

History

2007 - The Foundation's history begins in March 2007 when the City of Muskogee entered into a 40-year lease agreement with Capella Healthcare to operate the city's hospital, Muskogee Regional Medical Center. The Foundation was founded from the net proceeds of the agreement.

2008 - The Foundation was incorporated under the laws of the State of Oklahoma on June 24, 2008. The purpose of the Foundation is to issue grants to qualified non-profit organizations to improve the quality of life for Muskogee residents.

2009 - In its inaugural granting year, the Foundation reinvested almost $1 million in grant money back into the Muskogee community.

Leadership

The current executive director is Frank Merrick, who has served in the position since the Foundation was established in 2008.

See also

• Community foundation

External links

• City of Muskogee Foundation official website