INASMUCH FOUNDATION, CREATED BY EDITH KINNEY GAYLORD IN 1982, INVESTS IN ORGANIZATIONS THAT EFFECT THE GREATEST POSITIVE OUTCOME FOR OKLAHOMANS. FUNDING PRIORITIES ARE EDUCATION, HEALTH AND HUMAN SERVICES AND COMMUNITY ENHANCEMENT. ETHICS AND EXCELLENCE IN JOURNALISM FOUNDATION, CREATED BY EDITH KINNEY GAYLORD IN 1982, INVESTS IN THE FUTURE OF JOURNALISM BY BUILDING THE ETHICS, SKILLS AND OPPORTUNITIES NEEDED TO ADVANCE PRINCIPLED, PROBING NEWS AND INFORMATION NOW AND FOR THE FUTURE. FUNDING PRIORITIES ARE INVESTIGATIVE REPORTING, PROFESSIONAL DEVELOPMENT AND YOUTH EDUCATION.

ALL INCOME FROM INASMUCH FOUNDATION, EXCEPT COSTS OF ADMINISTRATION AND POSSIBLE TAXES, HAS BEEN DESIGNATED BY THE FOUNDER FOR CHARITABLE AND EDUCATIONAL PURPOSES. ALL DISTRIBUTIONS MUST MEET THE DEFINITION OF A "QUALIFYING DISTRIBUTION" AS SET FORTH IN SECTION 4942(G) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR APPLICABLE PROVISIONS OF OTHER FEDERAL TAX LAWS.