Board members plan to pursue tax-exempt status and establish a structure that will allow the foundation and dinner to continue in the long term.
The dinner, hosted annually on Christmas Day at the Cox Convention Center, typically feeds more than 6,000 needy residents of the Oklahoma City area. Toys and clothes are provided for children who come to the dinner, and about 1,000 people volunteer at the event.
Oklahoma City Mayor Mick Cornett issued a statement supporting the move.
“Because of its mission and impact, the Red Andrews Christmas Dinner has long been one of Oklahoma City's great holiday traditions,” he said. “We're thankful to those in our community who stepped up to ensure that it continues to serve those in need during the holiday season.”