Overview

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Est.

1999

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

METAFUND CORPORATION is a nonprofit organization focused on urban development, dedicated to promoting community, economic, and workforce development throughout Oklahoma and the United States. With an operating budget of $3.6 million and total revenue of $5.1 million for the filing year 2024, METAFUND provides access to diverse sources of capital and strategic consulting to generate sustainable social impact in under-resourced communities. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.metafund.org.

Mission Statement

SEE SCHEDULE O. METAFUND CORPORATION'S MISSION IS TO PROMOTE COMMUNITY, ECONOMIC, AND WORKFORCE DEVELOPMENT THROUGHOUT THE STATE OF OKLAHOMA AND THE UNITED STATES, THROUGH FINANCING AND CONSULTING. METAFUND ACHIEVES SUSTAINABLE SOCIAL IMPACT BY PROVIDING ACCESS TO DIVERSE SOURCES OF CAPITAL, AS WELL AS STRATEGIC ADVICE, GENERATING CREATIVE SOLUTIONS THAT BENEFIT UNDER-RESOURCED COMMUNITIES.
Revenues
$5.1M
Expenses
$3.6M
Net Income:
+$1.5M
Assets
$38.7M
Liabilities
$21.5M
Net Assets:
+$17.2M
Operating Budget
$3.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$114.6K
Largest grant received
$114.6K
S
Sarah Reed
Board Member
A
A Thomas Loy
Board Member
S
Steven Holmes
Board Member

Frequently Asked Questions

What is METAFUND CORPORATION’s budget?
In 2024, METAFUND CORPORATION reported an annual operating budget of around $3.6 million. More detailed financial information is available to registered users.
What causes does METAFUND CORPORATION support?
METAFUND CORPORATION supports work in Urban development.
Where does METAFUND CORPORATION operate?
METAFUND CORPORATION is headquartered in Edmond, OK.
Who funded METAFUND CORPORATION recently?
In 2024, METAFUND CORPORATION received grants from RURAL OKLAHOMA COMMUNITY FOUNDATION INC AN AFFILIATED FUND OF OCCF INC. More information on this organization’s funders is available to registered users.
What is the largest grant METAFUND CORPORATION received in 2024?
The largest grant to METAFUND CORPORATION in 2024 exceeds $115 thousand.