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TDA approves amended Greenwood Legacy Corporation budget; board to provide monthly updates
Summary
Dr. Lana Turner Addison, chair of the Greenwood Legacy Corporation, told the Tulsa Development Authority on Sept. 25 that the nonprofit has moved from incubation toward operations and asked the TDA to approve an amended calendar-year 2025 budget for startup expenses.
Dr. Lana Turner Addison, chair of the Greenwood Legacy Corporation, told the Tulsa Development Authority on Sept. 25 that the nonprofit has moved from incubation toward operations and asked the TDA to approve an amended calendar-year 2025 budget for startup expenses.
The Tulsa Development Authority voted to approve the second amendment to Greenwood Legacy Corporation’s FY2025 budget, which the GLC presented as totaling $244,408.33 for 2025. The budget revision increases planned spending for salaries, consulting and onboarding, and the GLC committed to providing the TDA monthly budget updates.
The amendment aligns with a prior TDA resolution and an agreement between the city and the TDA that requires the GLC to present a formal budget plan to the authority. Dr. Turner Addison said the GLC was established in October 2024 to execute development of 56 acres in the Kirkpatrick Heights Greenwood Master Plan area and that the board had taken preparatory steps including incorporation, adoption of bylaws and a conflict-of-interest policy.
Dr. Turner Addison said the organization submitted IRS Form 1023 in April 2025 to pursue 501(c)(3) status and has contracted Thrive PEO for payroll and benefits. She described an executive director search led by the Muneeba Group with a hiring decision anticipated in October 2025, and said the GLC board plans to expand from five to nine members. “We are turning plans into lasting impact, safeguarding our heritage while building a thriving North Tulsa for generations to come,” Dr. Turner Addison said.
GLC representatives told the TDA that the amended 2025 budget includes $40,200 earmarked for services to support hiring and onboarding and cited a prior component of the budget of $147,750; they reported the amendment raised the total by $84,408.33 from the initial 2025 plan. The GLC also described a June stakeholder governance meeting that drew about 80 partners and said it is working with the Hayward Burns Institute and Blue Meridian to strengthen board selection and capacity building.
TDA members expressed support for the GLC’s work and asked to be kept informed of community engagement and the executive director hiring process. The TDA’s vote approved the budget amendment as presented; the motion carried without recorded dissent.
Background: the GLC said the work implements goals from the Kirkpatrick Heights Greenwood Master Plan and that the TDA previously committed $2,000,000 to support the CDC’s incubation and launch. The GLC said the amended budget is intended to attract staff and consulting capacity needed for early operations and for program development tied to economic empowerment, housing, and cultural preservation in North Tulsa.
Next steps: GLC will continue the executive director search, finalize operating systems, and provide the monthly financial reports to TDA as requested. The GLC indicated ongoing outreach with community partners and scheduled additional stakeholder workgroup meetings to refine governance and program priorities.
