George Kaiser Family Foundation
George Kaiser Family Foundation is a charitable organization based in Tulsa, Oklahoma, founded by oil tycoon and philanthropist George Kaiser. It’s been said that as George Kaiser’s oil and banking business flourished, he made the transition from business man to being a philanthropist. His George Kaiser Family Foundation is the supporting organization of the Tulsa Community Foundation, and is dedicated to break the cycle of poverty through investments in early childhood education for low-income children in Tulsa County and throughout the nation. Several health improvements initiatives like social services, civic enhancements and community health had been undertaken to for the betterment of health in Oklahoma that suffers some of the worst health outcomes in the country. Kaiser is the sole donor to this foundation and has donated about $3.3 billion of his own funds. As per the reports, in 2009, $8 out of every $10 the George Kaiser Family Foundation spent stayed n Tulsa only.
Tulsa Community Foundation
George Kaiser established the Tulsa Community Foundation in 1998, because of his perception that Tulsa’s historical dependence on unorganized private giving from its wealthy families was no longer effective. Philanthropic act begin with the gifts from seven local Tulsa donors, and George Kaiser Family Foundation is the largest contributor to the Tulsa Community Foundation, making it the largest community foundation in Unites States with approximately $4 billion of assets.
The Giving Pledge
Philanthropist George Kaiser has signed the Giving Pledge in 2010, joining more than 70 people including Warren Buffet, Bill Gates in pledging to give away at least half of their assets for charitable purposes. Kaiser has been listed third on Business Week’s 2008 list of the top 50 Americans philanthropists behind Warren Buffet and Bill and Melinda Gates.