OEC FOUNDATION, INC. BOARD OF DIRECTORS
Jamey Allen Leroy Bayliff Jim Brown
Vivian Gibson Lloyd Gramling
Jerry McCracken Lynne Miller
Sunny Stuart Beckie Turner Joyce Wallace
By: Patti Rogers, Operation Round Up Coordinator Financial report by: Sara Thomas
Operation Round Up Adapts To Meet The Unique Challenges Faced By Tornado Victims Cooperatives were born out of a
More than $85,000 has been entrusted to the OEC Foundation... and is
earmarked for tornado relief.
common need and founded on the ideals of social responsibility and self- help. So it should come as no surprise to learn electric co-op families from across the nation (including employees, members, and “corporate” businesses like statewide associations, distribution and generation and transmission co-ops, as well as fi nanciers) are providing fi nancial assistance to Oklahomans in the wake
of the May tornado outbreak. More than $325,000 has been donated to the Touchstone Energy Cooperative Oklahoma Relief Fund so far, and more money is arriving daily. “Cooperative people never cease
OEC Foundation, Inc. FINANCIAL STATEMENT
Beginning Balance 5/21/13 ......................... $112,834.26
June deposit ............+ 103,869.08 Interest .......................................+3.21 Checks issued ...............-22,415.50
Approved, not paid ......-1,620.00
Ending balance 6/20/2013 ....................$192,671.05
4 July 2013
to amaze me,” said OEC CEO Max Meek, who is also a member of the newly-established TECORF board. “T e cooperative principle of 'Cooperation among Cooperatives' rings most true during disaster, and this is tangible evidence of that unity.” More than $85,000 has been
entrusted to the OEC Foundation board to aid people in OEC’s service area and is earmarked for tornado relief. Meek said members in OEC's service area are getting the bulk of assistance because the area received the most damage. He anticipates another distribution, of more than $131,500, any day.
T e Foundation board is meeting
weekly to evaluate requests from tornado victims. Vivian Gibson, president of the board, said they are stepping outside the normal scope of grant parameters to help families recover. “Unlike government agencies and
many nonprofi t organizations, we aren’t bound by strict funding guidelines or hindered by red tape, which allows us to help with unique challenges other agencies might not be able to tackle,” Gibson said. “We are considering requests we might not traditionally fund—insurance deductibles, for example—and being a bit more generous. Each person’s circumstances are diff erent and, as we’ve done for the last 20 years, we’re carefully considering each request on its own merit. We are fortunate to be able to adapt to the occasion.” Gibson stressed the board’s goal is
to provide immediate help—thus, the weekly meetings—but also vowed to be here for the long-term. “We will do all we can to help our neighbors pick up the pieces, rebuild, and move on with their lives.” If you’d like to assist individuals in
electric co-op service areas who were aff ected by the May tornadoes, you can send a donation to: TEC Oklahoma Relief Fund, PO Box 54309, Oklahoma City, OK 73154-1309.
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