Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
CRESAP FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 21210
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OKLAHOMA CITY, OK73156
A Employer identification number

20-4760218
B Telephone number (see instructions)

(405) 755-5571
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$17,746,897J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,258,827
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 218,892 219,835  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,430,703
b Gross sales price for all assets on line 6a 8,179,038
7 Capital gain net income (from Part IV, line 2)... 2,511,631
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 3,325 3,555  
12 Total. Add lines 1 through 11........ 4,911,747 2,735,021  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 450 225   225
b Accounting fees (attach schedule)....... Click to see attachment 7,010 3,505   3,505
c Other professional fees (attach schedule).... Click to see attachment 193,444 89,444   104,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 23,857 10,629   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,269 4,735   3,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 228,030 108,538   110,730
25 Contributions, gifts, grants paid....... 1,669,559 1,669,559
26 Total expenses and disbursements. Add lines 24 and 25 1,897,589 108,538   1,780,289
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,014,158
b Net investment income (if negative, enter -0-) 2,626,483
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 688,759 650,137 650,137
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,381,828 Click to see attachment14,238,240 14,238,240
c Investments—corporate bonds (attach schedule)....... 1,915,743 Click to see attachment2,140,673 2,140,673
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,194,017 Click to see attachment715,956 715,956
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment991 Click to see attachment1,891 Click to see attachment1,891
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,181,338 17,746,897 17,746,897
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 15,181,338 17,746,897
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 15,181,338 17,746,897
30 Total liabilities and net assets/fund balances (see instructions). 15,181,338 17,746,897
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
15,181,338
2
Enter amount from Part I, line 27a .....................
2
3,014,158
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,195,496
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
448,599
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
17,746,897
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c FROM K-1 - RENAISSANCE ACCESS, LLC P    
d FROM K-1 - HUMPHREYS REAL ESTATE INCOME FUND, LLC P    
e CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 689,835   336,646 353,189
b 7,431,152   5,566,413 1,864,739
c       181,090
d       54,562
e 58,051     58,051
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       353,189
b       1,864,739
c       181,090
d       54,562
e       58,051
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,511,631
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 36,508
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 36,508
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 11,938
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 61,938
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 17
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 25,413
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet25,413 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOK
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.CRESAPFOUNDATION.ORG
    14
    The books are in care ofbulletFOUNDATION MANAGEMENT INC Telephone no.bullet (405) 755-5571

    Located atbulletPO BOX 21210OKLAHOMA CITYOK ZIP+4bullet73156
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JOHN D CRESAP PRESIDENT
    1.00     		0 0 0
    1024 E BRITTON ROAD SUITE 100
    OKLAHOMA CITY,OK73131
    CHARLES CRESAP TREASURER
    1.00     		0 0 0
    1024 E BRITTON ROAD SUITE 100
    OKLAHOMA CITY,OK73131
    GAIL CRESAP SECRETARY
    1.00     		0 0 0
    1024 E BRITTON ROAD SUITE 100
    OKLAHOMA CITY,OK73131
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    15,226,576
    b
    Average of monthly cash balances.......................
    1b
    592,610
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,441
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,820,627
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    15,820,627
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    237,309
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    15,583,318
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    779,166
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    779,166
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    36,508
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    36,508
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    742,658
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    742,658
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    742,658
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 742,658
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 495,142
    b From 2017...... 629,688
    c From 2018...... 861,958
    d From 2019...... 906,597
    e From 2020...... 1,065,475
    f Total of lines 3a through e ........ 3,958,860
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,780,289
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 742,658
    e Remaining amount distributed out of corpus 1,037,631
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 4,996,491
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		495,142
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		4,501,349
    10 Analysis of line 9:
    a Excess from 2017.... 629,688
    b Excess from 2018.... 861,958
    c Excess from 2019.... 906,597
    d Excess from 2020.... 1,065,475
    e Excess from 2021.... 1,037,631
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    JOHN D CRESAP
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    FOUNDATION MANAGEMENT INC
    2932 NW 122ND STE D
    OKLAHOMA CITY,OK73120
    (405) 755-5571
    bThe form in which applications should be submitted and information and materials they should include:
    THE TRUSTEES INVITE PROPOSALS FROM 501(C)3 ORGANIZATIONS. A LETTER OF INTENT SUMMARIZING THE PROJECT FOR FUNDING MUST BE SUBMITTED BY MAY 1, 2022. THE TRUSTEES WILL REVIEW ALL LETTERS OF INTENT RECEIVED THROUGH THE ONLINE GRANT APPLICATION PROCESS BY JUNE 2022. THE TRUSTEES WILL REVIEW ALL GRANT APPLICATIONS AND APPROVED GRANTS WILL BE FUNDED IN OCTOBER 2022. ALL APPLICANTS WILL BE NOTIFIED OF FINAL GRANTING DECISIONS.
    cAny submission deadlines:
    LETTER OF INQUIRY DEADLINE: MAY 1, 2022
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AIM HIGH CENTER INC
    17760 N 423 ROAD
    VINITA,OK74301     		NONE PC FOOD PANTRY FUNDRAISING 5,000
    ALLIED ARTS
    1015 N BROADWAY 200
    OKLAHOMA CITY,OK73102     		NONE PC 2021 ALLIED ARTS CAMPAIGN 10,000
    AMERICAN INDIAN CULTURAL CENTER FOUNDATION
    659 FIRST AMERICANS BLVD
    OKLAHOMA CITY,OK73129     		NONE PC MUSEUM GRAND OPENING 25,000
    ASPEN COMMUNITY FOUNDATION
    455 GOLD RIVERS COURT
    BASALT,CO81621     		NONE PC CRADLE TO CAREER GIVING NETWORK, COVID-19 FOOD SYSTEM WORK 15,000
    BARTLESVILLE EDUCATION PROMISE
    PO BOX 2323
    BARTLESVILLE,OK74005     		NONE PC STEAM LEADERSHIP ACADEMY AND SUMMER CAMP 5,000
    BEHIND THE WIRE FOUNDATION
    441094 E 320 ROAD
    VINITA,OK74301     		NONE PC BEHIND THE WIRE 2021 - GOLD STAR 2,500
    BOYS & GIRLS CLUBS OF BARTLESVILLE
    401 S SEMINOLE AVENUE
    BARTLESVILLE,OK74003     		NONE PC BOYS & GIRLS CLUB OF DEWEY 25,000
    BOYS & GIRLS CLUBS OF NOWATA
    300 S PINE STREET
    NOWATA,OK74048     		NONE PC BACKPACK PROGRAM 23,000
    BOYS & GIRLS CLUBS OF OKLAHOMA COUNTY
    3535 N WESTERN AVENUE
    OKLAHOMA CITY,OK73118     		NONE PC COVID-19 RECOVERY PLAN FOR KIDS 10,000
    CALM WATERS CENTER FOR CHILDREN
    4334 NW EXPRESSWAY SUITE 101
    OKLAHOMA CITY,OK73116     		NONE PC OPERATIONAL COSTS 5,000
    CANTERBURY VOICES
    424 COLCORD DRIVE SUITE D
    OKLAHOMA CITY,OK73102     		NONE PC YOUTH VOICES - TUITION GAP 2,000
    CASA OF NORTHEAST OKLAHOMA INC
    658 S LYNN RIGGS BOULEVARD
    CLAREMORE,OK74017     		NONE PC OPERATIONAL COSTS 15,000
    CASA OF OKLAHOMA COUNTY
    1608 NW EXPRESSWAY SUITE 101
    OKLAHOMA CITY,OK73118     		NONE PC VOLUNTEER ADVOCACY EXPANSION 10,000
    CENTER FOR CHILDREN AND FAMILIES
    726 WEST SHERIDAN AVENUE SUITE 170
    OKLAHOMA CITY,OK73102     		NONE PC BOYS & GIRLS CLUB OF NORMAN 10,000
    CENTRAL OKLAHOMA HUMANE SOCIETY
    7500 N WESTERN AVENUE
    OKLAHOMA CITY,OK73116     		NONE PC PAAS 300,000
    CITY CARE INC
    2000 N CLASSEN BOULEVARD
    OKLAHOMA CITY,OK73106     		NONE PC CITY CARE'S LOW-BARRIER NIGHT SHELTER 10,000
    COMMUNITES FOUNDATION OKLAHOMA
    801 NW 63RD STREET SUITE 200
    OKLAHOMA CITY,OK73116     		NONE PC CRESAP FAMILY FOUNDATION SCHOLARSHIP 4,200
    COMMUNITY CRISIS CENTER INC
    PO BOX 1390
    ELGIN,IL60121     		NONE PC DOMESTIC VIOLENCE SHELTER 10,000
    COUNTY OF CRAIG - VINITA SCHOOL DISTRICT 65
    114 S SCRAPER STREET
    VINITA,OK74301     		NONE GOV ADVENTURE ACADEMY 2021 47,600
    CRAIG COUNTY NEIGHBORS HELPING NEIGHBORS
    224 W SEQUOYAH AVENUE
    VINITA,OK74301     		NONE PC CRAIG COUNTY NEIGHBORS HELPING NEIGHBORS 10,000
    CRAIG COUNTY TECHNICAL RESCUE TASK FORCE
    202 W CANADIAN AVENUE
    VINITA,OK74301     		NONE GOV SEAARK MOTORIZED RESCUE BOAT 25,000
    CYCLES FOR LIFE - BIKE CLUB OKC
    1501 GLENWOOD AVENUE
    OKLAHOMA CITY,OK73116     		NONE PC OPERATIONAL COSTS 5,000
    DALE K GRAHAM VETERANS FUND
    PO BOX 592
    WASHINGTON,OK73093     		NONE PC LOW-INCOME VETARANS ASSISTANCE 20,000
    DEADCENTER FILM FESTIVAL
    415 COUCH DRIVE
    OKLAHOMA CITY,OK73102     		NONE PC FILM FESTIVAL 2020 5,000
    DOCSERVICES INC
    PO BOX 848
    MIAMI,OK74355     		NONE PC OPERATIONAL COSTS/COVID-19 DISASTER RESPONSE 13,000
    FIELDS AND FUTURES
    7001 NW 164TH STREET
    EDMOND,OK73013     		NONE PC F.D. MOON MIDDLE SCHOOL SPORTS COMPLEX ENTRANCE 10,000
    FLORIDA KEYS WILD BIRD REHABILITATION CENTER
    92080 OVERSEAS HIGHWAY
    TAVERNIER,FL33070     		NONE PC PELICAN POND CAPITAL CAMPAIGN 10,000
    FOCUS ON HOME
    6608 N WESTERN AVENUE
    OKLAHOMA CITY,OK73116     		NONE PC EMPOWERING OKLAHOMA FAMILIES IN NEED 5,000
    HEALTHNETWORK FOUNDATION
    33 RIVER STREET
    CHAGRIN FALLS,OH44022     		NONE PC OPERATIONAL COSTS 10,000
    HEARTLINE OKLAHOMA
    3801 NW 63RD STREET
    OKLAHOMA CITY,OK73116     		NONE PC COVID-19 DISASTER RESPONSE 10,000
    HEARTS FOR HEARING
    11500 PORTLAND AVENUE
    OKLAHOMA CITY,OK73120     		NONE PC INDIGENT CARE FUND 10,000
    HOME OF HOPE INC
    420 N BREWER STREET
    VINITA,OK74301     		NONE PC ANNUAL BANQUET/COVID-19 DISASTER RESPONSE 37,500
    JESUS HOUSE
    1335 W SHERIDAN AVENUE
    OKLAHOMA CITY,OK73106     		NONE PC LIFE TRANSFORMATION PROGRAM AND FOOD PANTRY 5,000
    JOURNEY HOME
    1724 NW 4TH STREET
    OKLAHOMA CITY,OK73106     		NONE PC OPERATIONAL COSTS 3,000
    KETCHUM ELEMENTARY SCHOOL
    404 N BOSTON AVENUE
    VINITA,OK74301     		NONE GOV ADVENTURE ACADEMY 2020 7,771
    LEADERSHIP OKLAHOMA
    3037 NW 63RD STREET
    OKLAHOMA CITY,OK73116     		NONE PC YOUTH LEADERSHIP PROGRAM 5,000
    MAKE-A-WISH FOUNDATION
    1900 NORTHWEST EXPRESSWAY 700
    OKLAHOMA CITY,OK73118     		NONE PC DON'T WAIT FOR HOPE. CREATE IT. 25,000
    MARY MARTHA OUTREACH (EASTERN OK)
    1845 W 4TH STREET
    BARTLESVILLE,OK74005     		NONE PC LOVE CHANGING LIVES AT MARY MARTHA OUTREACH/COVID-19 DISASTER RESPONSE 15,000
    MENTAL HEALTH ASSOCIATION OKLAHOMA
    400 N WALKER AVENUE
    OKLAHOMA CITY,OK73102     		NONE PC PROGRAMS AND OPERATIONS IN CENTRAL OKLAHOMA 10,000
    NATIONAL COWBOY & WESTERN HERITAGE MUSEUM
    1700 NE 63RD STREET
    OKLAHOMA CITY,OK73111     		NONE PC 2020 ASSOCIATE DUES, WESTERN HERITAGE AWARDS, PRIX DE WEST PATRON'S CIRCLE, ANNIE OAKLEY SOCIETY 50,000
    NEIGHBORHOOD SERVICES ORGANIZATION INC
    431 SW 11TH STREET
    OKLAHOMA CITY,OK73109     		NONE PC OPERATIONAL COSTS 25,000
    NEW LIFE RANCH
    160 NEW LIFE RANCH DRIVE
    COLCORD,OK74338     		NONE PC MISSION 19:14 CAMPER SCHOLARSHIPS 10,000
    NEWVIEW OKLAHOMA
    501 N DOUGLAS AVENUE
    OKLAHOMA CITY,OK73106     		NONE PC REMOTE LOW VISION CLINIC IN BARTLESVILLE TO REACH RURAL POPULATIONS 20,000
    NEXUS EQUINE
    PO BOX 54572
    OKLAHOMA CITY,OK73154     		NONE PC OKLAHOMA 4-H EQUINE MAKEOVER 5,000
    NORTHCARE
    2617 GENERAL PERSHING BOULEVARD
    OKLAHOMA CITY,OK73107     		NONE PC Q SPACE 10,000
    OCEAN REEF CHAPEL FOUNDATION INC
    32 OCEAN REEF DRIVE
    KEY LARGO,FL33037     		NONE PC OPERATIONAL SUPPORT, NEW CHAPEL 30,000
    OCEAN REEF CULTURAL CENTER
    200 ANCHOR DRIVE
    KEY LARGO,FL33037     		NONE PC OPERATIONAL SUPPORT 50,000
    OGLESBY VOLUNTEER FIRE DEPARTMENT
    26920 N 4016 ROAD
    RAMONA,OK74061     		NONE PC SCBA (SELF CONTAINED BREATHING APPRATUS) 5,800
    OKLAHOMA ARTS INSTITUTE
    111 NW 9TH STREET
    OKLAHOMA CITY,OK73102     		NONE PC 2021 OSAI AND OFAI SCHOLARSHIP SUPPORT 14,000
    OKLAHOMA CENTER FOR NONPROFITS
    720 W WILSHIRE BOULEVARD
    OKLAHOMA CITY,OK73116     		NONE PC LEADERSHIP AND MANAGEMENT TRAINING/COVID-19 DISASTER RESPONSE 3,000
    OKLAHOMA CITY BALLET
    6800 N CLASSEN BLVD
    OKLAHOMA CITY,OK73116     		NONE PC GOLDEN SWANS 5,000
    OKLAHOMA CITY FAMILY JUSTICE CENTER
    1140 N HUDSON AVENUE
    OKLAHOMA CITY,OK73103     		NONE PC PALOMAR 20,000
    OKLAHOMA CITY MUSEUM OF ART
    415 COUCH DRIVE
    OKLAHOMA CITY,OK73102     		NONE PC FREE CHILDREN'S ADMISSION 10,000
    OKLAHOMA CITY NATIONAL MEMORIAL & MUSEUM
    620 N HARVEY AVENUE
    OKLAHOMA CITY,OK73102     		NONE PC GUARDIAN OF THE MEMORIAL 5,000
    OKLAHOMA CLEATS FOR KIDS
    720 W WILSHIRE BOULEVARD
    OKLAHOMA CITY,OK73116     		NONE PC OKCPS ELEMENTARY LEAGUES 8,000
    OKLAHOMA CONTEMPORARY ARTS CENTER
    NW 11TH AND BROADWAY
    OKLAHOMA CITY,OK73103     		NONE PC ART FOR ALL 10,000
    OKLAHOMA HALL OF FAME
    1400 CLASSEN DRIVE
    OKLAHOMA CITY,OK73106     		NONE PC PRODUCTION PARTNER 25,000
    OKLAHOMA WILDLIFE CONSERVATION FOUNDATION
    1801 N LINCOLN BLVD
    OKLAHOMA CITY,OK73152     		NONE PC WILDLIFE SPONSORSHIP-HALL OF FAME 5,000
    OKLAHOMANS FOR EQUALITY
    621 E 4TH STREET
    TULSA,OK74120     		NONE PC EQUITY GALA 12,000
    OTHER OPTIONS INC
    3636 NW 51ST STREET
    OKLAHOMA CITY,OK73112     		NONE PC OPERATIONAL COSTS 12,000
    PATHS TO INDEPENDECE
    4620 E FRANK PHILLIPS BOULEVARD
    BARTLESVILLE,OK74006     		NONE PC CHAMPION CAMPAIGN 100,000
    PIVOT
    201 NE 50TH STREET
    OKLAHOMA CITY,OK73105     		NONE PC MAKING A PIVOTAL IMPACT FOR YOUTH 30,000
    POSITIVE TOMORROWS
    PO BOX 61190
    OKLAHOMA CITY,OK73146     		NONE PC CAPITAL CAMPAIGN AND OPERATIONAL COSTS 50,000
    REBUILIDING TOGETHER OKC
    945 W WILSHIRE BOULEVARD
    OKLAHOMA CITY,OK73116     		NONE PC OPERATIONAL SUPPORT 5,000
    REGIONAL FOOD BANK
    3355 S PURDUE AVENUE
    OKLAHOMA CITY,OK73137     		NONE PC OPERATIONAL COSTS 150,000
    REMERGE
    1140 N HUDSON AVENUE
    OKLAHOMA CITY,OK73103     		NONE PC OPERATIONAL COSTS 10,000
    SAVANNAH STATION THERAPEUTIC RIDING PROGRAM
    13420 FRISCO ROAD
    YUKON,OK73099     		NONE PC OPERATIONAL COSTS 5,000
    SISU YOUTH INC
    3131 N PENNSYLVANIA AVENUE
    OKLAHOMA CITY,OK73112     		NONE PC SAFE HOUSE CAMPAIGN 25,000
    SMART START CENTRAL OKLAHOMA
    12201 PORTLAND AVENUE
    OKLAHOMA CITY,OK73120     		NONE PC SMART START AND KETCHUM ELEMENTARY SCHOOL COLLABORATION 10,000
    SMILING GOAT RANCH
    271 WILLOW LANE
    CARBONDALE,CO81623     		NONE PC OPERATIONAL COSTS 5,000
    SPECIAL CARE INC
    12201 NORTH WESTERN AVENUE
    OKLAHOMA CITY,OK73114     		NONE PC OPERATIONAL COSTS 25,000
    SUNBEAM FAMILY SERVICES
    1100 NW 14TH STREET
    OKLAHOMA CITY,OK73106     		NONE PC HELP, HOPE AND OPPORTUNITY TO SUCCEED 17,500
    TEEN CHALLENGE OF OKLAHOMA
    909 S MERIDIAN AVENUE
    OKLAHOMA CITY,OK73108     		NONE PC HOUSING CABIN 20,000
    UNITED WAY OF CENTRAL OKLAHOMA
    1444 NW 28TH STREET
    OKLAHOMA CITY,OK73106     		NONE PC 2021 CAMPAIGN 25,000
    VINITA DAY CENTER
    131 S WILSON STREET
    VINITA,OK74301     		NONE NC 2021 OPERATIONAL SUPPORT 6,000
    WASHINGTON COUNTY ELDER CARE INC
    1223 SWAN DRIVE
    BARTLESVILLE,OK74006     		NONE PC ELDER CARE'S PROGRAM AND SERVICES 5,000
    WILLIAM W BARNES CHILDREN'S ADVOCACY CENTER
    213 E 2ND STREET
    CLAREMORE,OK74017     		NONE PC CHILD ABUSE MEDICAL EXAMPS FOR CHILD VICTIMS 4,000
    WINGS A SPECIAL NEEDS COMMUNITY
    13700 N EASTERN AVENUE
    EDMOND,OK73013     		NONE PC WINGS DAY PROGRAM 10,000
    YWCA
    2460 NW 39TH STREET
    OKLAHOMA CITY,OK73112     		NONE PC DOMESTIC VIOLENCE CRISIS SERVICES, BRIDGES OUT OF POVERTY 56,688
    Total .................................bullet 3a 1,669,559
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,430,703  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		    01 3,325  
    bFROM K-1 - RENAISSANCE ACCESS, LLC     14 230  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 2,653,150 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,653,150
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    CRESAP FAMILY FOUNDATION
     
    Employer identification number

    20-4760218
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    CRESAP FAMILY FOUNDATION
          		Employer identification number
    20-4760218
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JOHN D CRESAP
    1024 E BRITTON ROAD SUITE 100
     
    OKLAHOMA CITY, OK73131

    		$ 2,203,537


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    DENNY AND GAIL CRESAP
    1024 E BRITTON ROAD SUITE 100
     
    OKLAHOMA CITY, OK73131

    		$ 55,290


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    CRESAP FAMILY FOUNDATION
          		Employer identification number

    20-4760218
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 SHARES OF PUBLICLY TRADED STOCK $ 1,428,537 2021-12-07
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 SHARES OF PUBLICLY TRADED STOCK $ 37,290 2021-12-07
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    CRESAP FAMILY FOUNDATION
          		Employer identification number

    20-4760218
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    CRESAP FAMILY FOUNDATION
    EIN:
    20-4760218
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 7,010 3,505   3,505

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    CRESAP FAMILY FOUNDATION
    EIN:
    20-4760218
    Name of Bond End of Year Book Value End of Year Fair Market Value
    US TRUST FIXED INCOME 2,140,673 2,140,673

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    CRESAP FAMILY FOUNDATION
    EIN:
    20-4760218
    Name of Stock End of Year Book Value End of Year Fair Market Value
    US TRUST EQUITIES 14,238,240 14,238,240

    TY 2021 InvestmentsOtherSchedule2
    Name:
    CRESAP FAMILY FOUNDATION
    EIN:
    20-4760218
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    US TRUST PRIVATE EQUITY FMV 131,005 131,005
    US TRUST REAL ESTATE FMV 66,592 66,592
    HUMPHREYS FUND I, LLC FMV 518,359 518,359

    TY 2021 LegalFeesSchedule
    Name:
    CRESAP FAMILY FOUNDATION
    EIN:
    20-4760218
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 450 225   225


    TY 2021 OtherAssetsSchedule
    Name:
    CRESAP FAMILY FOUNDATION
    EIN:
    20-4760218
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED DIVIDENDS 72 678 678
    ACCRUED CAPITAL GAIN DISTRIBUTIONS 919 1,213 1,213


    TY 2021 OtherDecreasesSchedule
    Name:
    CRESAP FAMILY FOUNDATION
    EIN:
    20-4760218
    Description Amount
    UNREALIZED GAINS/LOSSES 448,599


    TY 2021 OtherExpensesSchedule
    Name:
    CRESAP FAMILY FOUNDATION
    EIN:
    20-4760218
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DIRECTOR FEES 3,000 0   3,000
    INVESTMENT EXPENSES 269 4,735   0


    TY 2021 OtherIncomeSchedule2
    Name:
    CRESAP FAMILY FOUNDATION
    EIN:
    20-4760218
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 3,325 3,325 3,325
    FROM K-1 - RENAISSANCE ACCESS, LLC 0 230 230


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    CRESAP FAMILY FOUNDATION
    EIN:
    20-4760218
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 104,000 0   104,000
    PORTFOLIO MANAGEMENT FEES 89,444 89,444   0


    TY 2021 TaxesSchedule
    Name:
    CRESAP FAMILY FOUNDATION
    EIN:
    20-4760218
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 10,357 10,629   0
    EXCISE TAXES 13,500 0   0