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BOK Financial

Social: Community

Actively advancing the communities we serve is core to who we are as a company.

From affordable housing investments to community development loans, BOK Financial’s investment in community development runs deep across our footprint. These efforts focus on community services supporting low- to moderate-income (LMI) individuals, promoting economic development, and revitalizing or stabilizing LMI geographies.

BOK Financial supports initiatives that enhance educational opportunities in our communities, invest in economic development through our local chambers of commerce and teach financial literacy through our Learn for Life program. We provide volunteers, serve on boards and give financial support to a variety of organizations that serve the most vulnerable citizens in our communities by addressing such issues as basic needs, education and economic development.

Our efforts and programs help support the United Nations Sustainable Development Goals.

Community Involvement

In 2020, the company and our BOKF Foundation gave a combined $6.2 million to organizations making a difference in our communities. Included in the amount was $1 million in support of COVID-19 relief, specifically directed to programs addressing food insecurity and re-employment of laid off and furloughed restaurant and hospitality workers.

Our employees donated more than 12,000 volunteer hours and more than 250 employees served on 320 nonprofit boards. Over the past ten years, we have committed nearly $565 million in loan funding to support affordable housing projects and nearly $305 million in affordable housing investments.

Annually, the company mobilizes the financial power of caring employees via United Way pledge campaigns in each market. In 2020, employee pledges and fundraising efforts together with corporate giving totaled more than $3 million, including $2.1 million in employee contributions to United Way. See our most recent Community Report for additional information on our initiatives.

In 2021, the company sharpened its focus and accelerated resources to underserved minority communities by supporting nonprofit organizations providing programs to help close the gaps in four key areas: income inequality, workforce development, education and mentoring, social justice inequities. As part of the focus, the company and BOKF Foundation will provide a combined $430,000 to six nonprofit organizations in Tulsa and Dallas over two years.

Also in 2021, the Tulsa community commemorated the centennial anniversary of the Tulsa Race Massacre. BOK Financial was an active partner in the 10-day remembrance, joining with the BOKF Foundation to commit more than $250,000 in support of the Greenwood Rising: Black Wall Street history center as well as events and activities such as Economic Empowerment Day. The interactive conference created a focal point for the national conversation about the racial wealth gap and inequality in access to capital. BOK Financial presented sessions on financial foundations, building wealth and retirement planning to a national audience of more than 2,000 attendees.

2020 Community Involvement

Community Involvement Over the Past 10 Years

Employee Volunteering

Volunteerism is an important component of our community support, with many of our employees participating on boards and conducting financial education training and more to help improve the communities we serve. The company supports those efforts by providing each employee eight hours of paid volunteer time annually to support causes or organizations that are making a difference in the community, building key relationships and strategic partnerships that help drive our success. The volunteer hours our employees gave in 2020 equate to over $340,000 in making a difference in our communities.

That commitment to volunteerism is led from the top of the company, with members of the executive leadership team serving on the boards of 20 different community organizations.

Supplier Diversity

BOK Financial is working to ensure we have an inclusive supply chain comprised of diverse vendors, representing minority, women, veteran, LGBTQ and small businesses. Our goal is to support diverse businesses and promote innovation, creating economic impact by uplifting the communities where those businesses are located through job creation, increased wages and tax revenues.

In 2020, the spend with diverse suppliers represented 5.2% of the company’s overall vendor spend. In 2021 we plan to:

  • Build out our diverse supplier program with the goal of increasing the percentage of the company’s spend with small business and minority owned vendors and suppliers.
  • Build a diverse supplier mentor program to assist with best practices, financial education, diversity training and recruiting, and information on how to get financial assistance.
  • Build and strengthen our relationships with small and minority-owned businesses.

ELT Members and Nonprofit Involvement

Joe Gottron
  • 36 Degrees North

Marty Grunst
  • Junior Achievement

Becky Keesling
  • Emergency Infant Services
  • Missouri State University School of Accountancy Advisory Board
  • Oklahoma Hall of Fame

Marc Maun
  • Gilcrease Museum
  • University of Tulsa Collins School of Business

Steven Nell
  • Tulsa Community Foundation
  • YMCA of Greater Tulsa

Kelley Weil
  • Tulsa Day Center
  • Tulsa Regional Chamber
  • Philbrook Museum of Art

Norm Bagwell
  • Baylor Health Care System Foundation
  • Dallas Arboretum & Botanical CEO Council
  • Dallas Citizen's Council Trustee
  • Junior League of Dallas
  • Southern Methodist University - Cox School of Business
  • State Fair of Texas

Derek Martin
  • River Parks Authority
  • Tulsa Children's Coalition

Our Commitment to ESG

For more than 100 years, we’ve focused on making sure that families and businesses have a trusted, secure source of financial expertise. We’ve been committed to making our communities a better place to live and work. And, we’ve been an employer that values diversity, promotes inclusion and fosters career growth for all of our team members.


Our ESG Commitment