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OPERATION Round Up


OEC Foundation, Inc. passes the $4 million mark


By Brianna Wall 2014 was a record-setting year for


the Operation Round Up® program, as it surpassed $4 million in grants. Every penny of each grant went to nonprofit organizations, individuals and families right here in OEC’s service area. Operation Round Up was


introduced at OEC in 1993 and quickly became a source of funds for struggling nonprofit programs and families. Before any funds could be dispersed, however, members had to agree to ‘round up’ their electric bills each month to the nearest dollar – an average of $6 per year to be donated to the charitable program. Today, over 36,500 members


participate in Operation Round Up – that’s 89 percent of OEC’s membership! Te program could not continue its success without the generosity of so many members. “We try our hardest each month


to show the members exactly what their money is supporting,” said Tory Tedder-Loffland, OEC communications specialist and Operation Round Up coordinator. “It’s supporting the elderly couple on Medicare who can’t afford new dentures; Te single parent who is in between jobs and needs a boost


4


to help clothe and feed his or her children in the winter; Te nonprofit programs that benefit veterans, at- risk youth, children and everyone in between.” Any person or nonprofit


organization located in OEC’s service area – from Tecumseh to Chickasha and South OKC to Lexington – is eligible to apply for assistance from the Operation Round Up program. Nine individuals who make up the OEC Foundation, Inc. board of directors volunteer their time every six to eight weeks to meet and disperse funds. Tese individuals come from all over OEC’s service area and are appointed by OEC’s board of trustees. [1706210601] “Te members’ generosity in


rounding up their electric bills is what keeps this program alive and able to help so many people,” said Lloyd Gramling, OEC Foundation board president. “We’ve been giving grants to worthwhile organizations and needy families in our communities for over 20 years, and we hope to keep it going for a long time.” At press time, the next meeting


date has not been scheduled. Visit www.okcoop.org/ORU for the latest


information and to print applications – individual/family or organizational. Applications can be submitted anytime by mail (PO Box 721105, Norman, 73070), fax (217-6904) or in person at OEC’s headquarters located at 242 24th Avenue Northwest in Norman. Contact Tedder-Loffland at


tory@okcoop.org or 217-6726 if you have any questions.


*Correction from Jan. 2015 ORU report: Tuttle Public Library’s grant was $1,500. We published $2,500 by mistake.


OEC Foundation, Inc. Financial Statement


Beginning Balance


12/15/2014....................................$86,914.96 January deposit..........................$18,967.22 Interest...............................................$3.17 Checks issued.............................-$9,124.02 Approved, not paid.................-$15,087.61 Ending balance 1/15/15...........$81,673.72 Financial statement by: Amanda Dierking


OEC Foundation, Inc. Board of Directors


Jamey Allen • Leroy Bayliff Jim Brown • Vivian Gibson Lloyd Gramling


Lynne Miller • Sunny Stuart Beckie Turner • Joyce Wallace


OKLAHOMA ELECTRIC CO-OP NEWS • FEBRUARY 2015


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