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In Oklahoma, Philanthropic Funding Helps to Provide Basic Services

March 05, 2019 / Laura Brickman

In Oklahoma, oil dominates the state's politics. It's the source of great fortune and great division, with vast wealth concentrated in the hands of foundations in the state's largest cities, Tulsa and Oklahoma City. The Tulsa billionaires include George Kaiser, whose wealth derives from The Kaiser Francis Oil Company and the Bank of Oklahoma, founded by his father. Today Kaiser largely focuses on philanthropic efforts through The George Kaiser Family Foundation (GKFF) with assets in excess of $3 billion.