Jump to content

Oklahoma Tobacco Settlement Endowment Trust

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Heserm (talk | contribs) at 13:26, 20 May 2016. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Oklahoma Tobacco Settlement Endowment Trust (TSET)
Tobacco Settlement Endowment Trust
Agency overview
FormedJuly 1, 2001
Headquarters3800 N. Lincoln Blvd.
Suite 200
Oklahoma City, Oklahoma
Employees23
Annual budget$92 million
Ministers responsible
  • Dr. Terry Cline, Secretary of Health
  • Jim Gebhart, Chair of the Board of Directors
  • Ken Miller, Chair of the Board of Investors
Agency executive
  • Tracey Strader, Executive Director
Websitewww.ok.gov/tset

The Oklahoma Tobacco Settlement Endowment Trust is a public trust created by the State of Oklahoma to manage any money from settlements or lawsuits against any tobacco company. The Trust uses the money, through grants and programs, to improve the health and quality of life of all Oklahomans by funding programs and services that address, prevent and reduce tobacco use and obesity - health behaviors that contribute to the leading causes of death in Oklahoma, cancer and cardiovascular disease. TSET has statewide grands, local community-based grants and public health education campaigns that include Oklahoma Tobacco Helpline, Tobacco Stops With Me and Shape Your Future.


Grants

TSET is a grant-making state agency. TSET's grants focus on preventing tobacco use, reducing tobacco use and preventing obesity. TSET's Healthy Living Program grants cover 85% of Oklahoma's population.

Funding Opportunities

TSET accepts applications for emerging opportunities, Healthy Communities Inventive grants and Healthy Schools Inventive grants as funding is available.

Leadership

Board of Investors

The assets of the Trust are invested at the direction of a five-member Board of Investors. The Board consists of the State Treasurer of Oklahoma, who serves as chair, and the designees of the Governor of Oklahoma, the President pro tempore of the Oklahoma Senate, and the Oklahoma State Auditor and Inspector. The State Treasurer serves on the Board as long as he or she maintains the office. Appointed members serve four year terms.

As of 2016, the Board of Investors is composed of the following:

  • Ken Miller - State Treasurer and Chair
  • Donald A. Pape - appointed by the Senate President pro tempore and Vice-Chair
  • Brenda Bolander, CPA - appointed by the State Auditor and Inspector
  • R. Scott Vaughn, CPA - appointed by the Speaker of House
  • Todd Dodson, CPA - appointed by the Governor


Board of Directors

The Trust is governed by a seven-member Board of Directors. The members are appointed by seven different elected officials: the Governor of Oklahoma, the President pro tempore of the Oklahoma Senate, the Attorney General of Oklahoma, the State Treasurer, the Oklahoma Superintendent of Public Instruction and the Oklahoma State Auditor and Inspector. All members serve seven-year terms.

The Board of Directors is responsible for directing the earnings from the Trust to fund programs to improve the health and well-being of all Oklahomans, especially children and senior adults. As specified in the Constitution, at least one appointee must be appointed from each Congressional district, and not more than two appointees may be appointed from any single Congressional district. In addition, not more than four appointees may be from any one political party. All appointees must have demonstrated expertise in public or private health care or programs related to or for the benefit of children or senior adults.

The executive director is hired by the board.

As of 2016, the Board of Directors is composed of the following:

  • Jim Gebhart, Chair - appointed by the Attorney General (Congressional District 5)
  • Don Millican, Vice-Chair - appointed by the State Treasurer (Congressional District 1)
  • Bruce Benjamin, PhD - appointed by the Speaker of the House (Congressional District 2)
  • Curtis Knoles, MD - appointed by the State Auditor and Inspector (Congressional District 5)
  • Casey Killblane - appointed by the State Superintendent of Public Instruction (Congressional District 4)
  • Ken Rowe - appointed by the President Pro Tempore of the Senate (Congressional District 4)
  • L. Michelle Stephens - appointed by the Governor (Congressional District 3)

External links