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Drake Gungoll Foundation is a private corporation based in OKLAHOMA CITY, OK. The foundation received its IRS ruling in 2007. The principal officer is Carole J Drake. It holds total assets of $1.3M. Annual income is reported at $404K. Total assets have decreased from $1.6M in 2011 to $1.3M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Oklahoma. According to available records, Drake Gungoll Foundation has made 102 grants totaling $456K, with a median grant of $1K. Annual giving has decreased from $222K in 2021 to $77K in 2023. Individual grants have ranged from $1K to $10K, with an average award of $4K. The foundation has supported 28 unique organizations. Grants have been distributed to organizations in Oklahoma and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$4K
Largest Grant
$10K
Based on 17 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Drake Gungoll Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 102 grants. Its grantmaking reaches organizations primarily in OK, VA.
Drake Gungoll Foundation has distributed a total of $456K across 102 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from $1K to $10K.
Drake Gungoll Foundation typically selects its grantees rather than accepting unsolicited proposals.
Drake Gungoll Foundation is headquartered in OKLAHOMA CITY, OK. While based in OK, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachael Weber | TREASURER | $0 | $0 | N/A |
| Ramsey W Drake Ii | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.3M
Fair Market Value
N/A
Net Worth
$1.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
102
Total Giving
$456K
Average Grant
$4K
Median Grant
$1K
Unique Recipients
28
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyGENERAL CONTRIBUTION | Oklahoma City, OK | $1K | 2023 |
| American Diabetes AssociationGENERAL CONTRIBUTION | Arlington, VA | $1K | 2023 |
| Casady SchoolGENERAL CONTRIBUTION | Oklahoma City, OK | $10K | 2022 |
| Westminister Presbyterian ChurchGENERAL CONTRIBUTION | Oklahoma City, OK | $10K | 2023 |
| Nichols Hills Parks IncGENERAL CONTRIBUTION | Nichols Hills, OK | $10K | 2023 |
| Okc Museum Of ArtGENERAL CONTRIBUTION | Oklahoma City, OK | $10K | 2023 |
| Casady School Annual FundGENERAL CONTRIBUTION | Oklahoma City, OK | $10K | 2023 |
| Junior League Of OkcGENERAL CONTRIBUTION | Oklahoma City, OK | $10K | 2023 |
| Boys And Girls Club Of Ok CountyGENERAL CONTRIBUTION | Oklahoma City, OK | $8K | 2023 |
| Oklahoma Medical Research FoundationGENERAL CONTRIBUTION | Oklahoma City, OK | $5K | 2023 |
| Integris FoundationGENERAL CONTRIBUTION | Oklahoma City, OK | $5K | 2023 |
| Alzheimers Association Okc ChapterGENERAL CONTRIBUTION | Tulsa, OK | $1K | 2023 |
| Regional Food Bank Of OklahomaGENERAL CONTRIBUTION | Oklahoma City, OK | $1K | 2023 |
| Central Ok Habitat For HumanityGENERAL CONTRIBUTION | Oklahoma City, OK | $1K | 2023 |
| Cherokee Strip Regional Heritage CenterGENERAL CONTRIBUTION | Enid, OK | $1K | 2023 |
| Free To Live Animal SanctuaryGENERAL CONTRIBUTION | Edmond, OK | $1K | 2023 |
| Salvation Army Of Central OklahomaGENERAL CONTRIBUTION | Oklahoma City, OK | $1K | 2023 |
| The Care CenterGENERAL CONTRIBUTION | Oklahoma City, OK | $1K | 2023 |
| Westminster Presbyterian ChurchGENERAL CONTRIBUTION | Oklahoma City, OK | $10K | 2022 |
| Junior League Of Oklahoma CityGENERAL CONTRIBUTION | Oklahoma City, OK | $10K | 2022 |
| Oklahoma City Museum Of ArtGENERAL CONTRIBUTION | Oklahoma City, OK | $10K | 2022 |
| Boys & Girls Club Of Oklahoma County IncGENERAL CONTRIBUTION | Oklahoma City, OK | $8K | 2022 |
| Integris Health Foundation IncGENERAL CONTRIBUTION | Oklahoma City, OK | $6K | 2022 |
| American Diabetes Association IncGENERAL CONTRIBUTION | Arlington, VA | $1K | 2022 |
| Alzheimer'S AssociationGENERAL CONTRIBUTION | Tulsa, OK | $1K | 2022 |
| Central Oklahoma Habitat For HumanityGENERAL CONTRIBUTION | Oklahoma City, OK | $1K | 2022 |
| Cherokee Strip Regional Heritage Center IncGENERAL CONTRIBUTION | Enid, OK | $1K | 2022 |
| Salvation Army Central Ok Area CommandGENERAL CONTRIBUTION | Oklahoma City, OK | $1K | 2022 |
TULSA, OK
ARDMORE, OK
OKLAHOMA CITY, OK