Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
CRESAP FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1024 EAST BRITTON ROAD 100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OKLAHOMA CITY, OK73131
A Employer identification number

20-4760218
B Telephone number (see instructions)

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

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$14,219,487J 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) 898,195
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 291,944 288,329  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 818,630
b Gross sales price for all assets on line 6a 6,564,434
7 Capital gain net income (from Part IV, line 2)... 818,962
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
List of Attached Documents:
// Content
536 536  
12 Total. Add lines 1 through 11........ 2,009,305 1,107,827  
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
List of Attached Documents:
// Content
360 180   180
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,020 3,510   3,510
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
181,234 84,984   96,250
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
71,198 6,632   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
List of Attached Documents:
// Content
5,845 1,220   4,625
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 265,657 96,526   104,565
25 Contributions, gifts, grants paid....... 1,583,590 1,583,590
26 Total expenses and disbursements. Add lines 24 and 25 1,849,247 96,526   1,688,155
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 160,058
b Net investment income (if negative, enter -0-) 1,011,301
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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............. 650,137 2,117,057 2,117,057
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 14,238,240 Click to see attachment
List of Attached Documents:
// Content
9,495,532 		9,495,532
c Investments—corporate bonds (attach schedule)....... 2,140,673 Click to see attachment
List of Attached Documents:
// Content
1,445,541 		1,445,541
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 715,956 Click to see attachment
List of Attached Documents:
// Content
1,159,741 		1,159,741
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,891 		Click to see attachment
List of Attached Documents:
// Content
1,616 		Click to see attachment
List of Attached Documents:
// Content
1,616
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,746,897 14,219,487 14,219,487
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 17,746,897 14,219,487
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)..... 17,746,897 14,219,487
30 Total liabilities and net assets/fund balances (see instructions). 17,746,897 14,219,487
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
17,746,897
2
Enter amount from Part I, line 27a .....................
2
160,058
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
17,906,955
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,687,468
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,219,487
Form 990-PF (2022)
Form 990-PF (2022)
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 - HUMPHREYS REAL ESTATE INCOME FUND, LLC P    
d CAPITAL GAINS DIVIDENDS P    
e
(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 1,289,680   484,812 804,868
b 5,268,295   5,286,014 -17,719
c       25,354
d 6,459     6,459
e
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       804,868
b       -17,719
c       25,354
d       6,459
e
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 2 818,962
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 (2022)
Form 990-PF (2022)
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 right arrow 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) 1 14,057
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 14,057
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 14,057
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 39,413
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 39,413
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 25,356
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow25,356 Refundedright arrow 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowOK
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 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowWWW.CRESAPFOUNDATION.ORG
14
The books are in care ofright arrowFOUNDATION MANAGEMENT INC Telephone no.right arrow (405) 755-5571

Located atright arrow1024 EAST BRITTON ROAD 100OKLAHOMA CITYOK ZIP+4right arrow73131
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
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.............right arrow0
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.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
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
12,901,825
b
Average of monthly cash balances.......................
1b
1,739,374
c
Fair market value of all other assets (see instructions)................
1c
1,753
d
Total (add lines 1a, b, and c).........................
1d
14,642,952
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
14,642,952
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
219,644
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,423,308
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
721,165
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
721,165
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
14,057
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
14,057
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
707,108
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
707,108
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
707,108
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
1,688,155
b
Program-related investments—total from Part VIII-B..................
1b
0
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
1,688,155
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 707,108
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 629,688
b From 2018...... 861,958
c From 2019...... 906,597
d From 2020...... 1,065,475
e From 2021...... 1,037,631
f Total of lines 3a through e ........ 4,501,349
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 1,688,155
a Applied to 2021, 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 2022 distributable amount..... 707,108
e Remaining amount distributed out of corpus 981,047
5 Excess distributions carryover applied to 2022. 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 5,482,396
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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		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 2017 not
applied on line 5 or line 7 (see instructions) ... 		629,688
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		4,852,708
10 Analysis of line 9:
a Excess from 2018.... 861,958
b Excess from 2019.... 906,597
c Excess from 2020.... 1,065,475
d Excess from 2021.... 1,037,631
e Excess from 2022.... 981,047
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
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 right arrow
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, 2023. THE TRUSTEES WILL REVIEW ALL LETTERS OF INTENT RECEIVED THROUGH THE ONLINE GRANT APPLICATION PROCESS BY JUNE 2023. THE TRUSTEES WILL REVIEW ALL GRANT APPLICATIONS AND APPROVED GRANTS WILL BE FUNDED IN OCTOBER 2023. ALL APPLICANTS WILL BE NOTIFIED OF FINAL GRANTING DECISIONS.
cAny submission deadlines:
LETTER OF INQUIRY DEADLINE: MAY 1, 2023
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2022)
Form 990-PF (2022)
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

AFTON PUBLIC SCHOOLS

410 S MAIN ST
AFTON,OK74331 		NONE GOV ADVENTURE ACADEMY SUMMER 2022 19,250

AGAPE MISSION OF BARTLESVILLE

5TH AND SW CASS AVE
BARTLESVILLE,OK74003 		NONE PC AGAPE MISSION FOOD FOR KIDS 20,000

AIM HIGH CENTER INC

17760 NS 426 RD
VINITA,OK74301 		NONE PC GENERAL OPERATIONAL SUPPORT 5,000

ALLIED ARTS

1015 N BROADWAY 200
OKLAHOMA CITY,OK73102 		NONE PC 2022 ANNUAL CAMPAIGN 10,000

AMERCIAN LEGION CRAIG COUNTY VETERANS MEM

26585 S 4410 RD
VINITA,OK74301 		NONE PC VETERANS MEMORIAL ROCK 5,000

ASPEN COMMUNITY FOUNDATION

455 GOLD RIVERS COURT
BASALT,CO81621 		NONE PC CRADLE TO CAREER GIVING NETWORK 5,000

BAPTIST HEALTH SOUTH FLORIDA FOUNDATION I

6855 RED ROAD STE 600
CORAL GABLES,FL33143 		NONE PC MOTHER/BABY GOOD START PROGRAM AT HOMESTEAD HOSPITAL 10,000

BELLA FOUNDATION

9101 S WESTERN AVE 120
OKLAHOMA CITY,OK73139 		NONE PC GENERAL OPERATIONAL SUPPORT 5,000

BOYS & GIRLS CLUB OF BARTLESVILLE

401 S SEMINOLE AVE
BARTLESVILLE,OK74003 		NONE PC BOYS & GIRLS CLUB OF DEWEY 25,000

BOYS & GIRLS CLUB OF NOWATA

300 S PINE ST
NOWATA,OK74048 		NONE PC BACKPACK PROGRAM 23,000

CALM WATERS CENTER FOR CHILDREN

4334 NW EXPRESSWAY SUITE 101
OKLAHOMA CITY,OK73116 		NONE PC GENERAL OPERATING REQUEST 5,000

CANTERBURY VOICES

424 COLCORD DRIVE SUITE D
OKLAHOMA CITY,OK73102 		NONE PC CANTERBURY YOUTH VOICES - TUITION SUPPORT 2022-2023 2,000

CARE CENTER

1405 ASHTON PLACE
OKLAHOMA CITY,OK73117 		NONE PC CHILD ABUSE VICTIM SERVICES 5,000

CARSELOWEY VOLUNTEER FIRE DEPARTMENT

PO BOX 884
VINITA,OK74301 		NONE PC FIRE FIGHTER PERSONAL PROTECTION EQUIPMENT 10,000

CASA OF NORTHEAST OK INC

658 S LYNN RIGGS BLVD
CLAREMORE,OK74017 		NONE PC ADVOCATES FOR CHILDREN IN NORTHEASTERN OKLAHOMA 15,000

CASA OF OKLAHOMA COUNTY

1608 NW EXPRESSWAY SUITE 101
OKLAHOMA CITY,OK73118 		NONE PC COURT-APPOINTED SPECIAL ADVOCATE PROGRAM 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 50,000

CHARITIES AID FOUNDATION OF AMERICA

225 REINEKERS LANE SUITE 375
ALEXANDRIA,VA22314 		NONE PC BENEFITTING: NATIONAL TRUST FOR THE CAYMAN ISLANDS 54,348

CITY CARE INC

6001 N CLASSEN BLVD BUILDING 5
OKLAHOMA CITY,OK73118 		NONE PC HOMELESS SERVICES PROGRAM 10,000

COMMUNITIES FOUNDATION OF OKLAHOMA

PO BOX 21210
OKLAHOMA CITY,OK73156 		NONE PC CRESAP FAMILY FOUNDATION SCHOLARSHIP 4,099

COUNTY OF CRAIG-VINITA SCHOOL DISTRICT 65

114 S SCRAPER STREET
VINITA,OK74301 		NONE GOV HALL HALSELL ELEMENTARY ADVENTURE ACADEMY SUMMER 2022 43,150

CRAIG COUNTY NEIGHBORS HELPING NEIGHBORS

224 W SEQUOYAH AVENUE
VINITA,OK74301 		NONE PC NEIGHBORS HELPING NEIGHBORS 10,000

DALE K GRAHAM VETERANS FND

PO BOX 592
WASHINGTON,OK73093 		NONE PC ASSIST VETERANS & SURVIVING SPOUSES WITH VA DISABILITY CLAIMS 20,000

DEADCENTER FILM FESTIVAL

415 COUCH DRIVE
OKLAHOMA CITY,OK73102 		NONE PC 2022 ANNUAL SPONSORSHIP 5,000

DOCSERVICES INC

PO BOX 848
MIAMI,OK74355 		NONE PC DOCSERVICES, INC. 14,000

DRAGONFLY HOME

PO BOX 94613
OKLAHOMA CITY,OK73143 		NONE PC HUMAN TRAFFICKING CRISIS CENTER 5,000

FOCUS ON HOME

6608 N WESTERN AVENUE
OKLAHOMA CITY,OK73116 		NONE PC ENDING "HOME"LESSNESS IN OUR COMMUNITY 5,000

HEALTHNETWORK FOUNDATION

33 RIVER STREET
CHAGRIN FALLS,OH44022 		NONE PC GENERAL OPERATIONAL SUPPORT 10,000

HEARTS FOR HEARING

11500 PORTLAND AVENUE
OKLAHOMA CITY,OK73120 		NONE PC LISTENING START - CORE SERVICES 10,000

HOME OF HOPE INC (V)

474 RURAL HILL RD
NASHVILLE,TN37217 		NONE PC ANNUAL SUPPORT OF MISSION 30,000

HOMELESS ALLIANCE

1724 NW 4TH STREET
OKLAHOMA CITY,OK73106 		NONE PC 2022 CURBSIDE VALENTINES BOUQUETS 2,500

JESUS HOUSE

1335 W SHERIDAN AVENUE
OKLAHOMA CITY,OK73106 		NONE PC GENERAL OPERATING GRANT 5,000

JOURNEY HOME

1724 NW 4TH STREET
OKLAHOMA CITY,OK73106 		NONE PC GENERAL OPERATING GRANT 3,000

KETCHUM ELEMENTARY SCHOOL

404 N BOSTON AVENUE
VINITA,OK74301 		NONE GOV ADVENTURE ACADEMY SUMMER 2022 17,470

LEADERSHIP OKLAHOMA

730 W WILSHIRE BLVD STE 116
OKLAHOMA CITY,OK73116 		NONE PC YOUTH LEADERSHIP PROGRAM 5,000

LENAPAH VOLUNTEER FIRE DEPARTMENT

401 SHAWNEE AVE
LENAPAH,OK74042 		NONE PC EQUIPMENT REPLACEMENT OF OUT-OF-DATE GEAR. 10,000

MAKE-A-WISH FOUNDATION

1900 NORTHWEST EXPRESSWAY 700
OKLAHOMA CITY,OK73118 		NONE PC LIGHT OF HOPE 25,000

MANGROVE EDUCATION

2017 BELFAIR AVE NE
BAINBRIDGE ISLAND,WA98110 		NONE PC CAYMAN ISLANDS NATIONAL TRUST 52,000

MARY MARTHA OUTREACH

1845 W 4TH ST
BARTLESVILLE,OK74005 		NONE PC GENERAL OPERATIONAL SUPPORT 3,000

MARY MARTHA OUTREACH (EASTERN OK)

1845 W 4TH STREET
BARTLESVILLE,OK74005 		NONE PC LOVE CHANGING LIVES AT MARY MARTHA OUTREACH 15,000

MOORE PUBLIC SCHOOLS FOUNDATION INC

PO BOX 6100
MOORE,OK73153 		NONE GOV SUPPORT FOR HOMELESS STUDENTS 5,000

NATIONAL COWBOY & WESTERN HERITAGE MUSEUM

1700 NE 63RD STREET
OKLAHOMA CITY,OK73111 		NONE PC 2020 ASSOCIATE BOARD DUES 5,000

NATIONAL COWBOY & WESTERN HERITAGE MUSEUM

1700 NE 63RD STREET
OKLAHOMA CITY,OK73111 		NONE PC 2022 SPONSORSHIPS 30,000

NATIONAL COWBOY & WESTERN HERITAGE MUSEUM

1700 NE 63RD STREET
OKLAHOMA CITY,OK73111 		NONE PC ANNIE OAKLEY SOCIETY 10,000

NEIGHBORHOOD SERVICES ORGANIZATION INC

431 SW 11TH STREET
OKLAHOMA CITY,OK73109 		NONE PC NSO GENERAL OPERATING SUPPORT 25,000

NEXUS EQUINE

PO BOX 54572
OKLAHOMA CITY,OK73154 		NONE PC NEXUS EQUINE CAPITAL EQUIPMENT NEEDS 8,750

OCEAN REEF COMMUNITY FOUNDATION INC

35 OCEAN REEF DRIVE SUITE 148
KEY LARGO,FL33037 		NONE PC THE NEW CHAPEL AT OCEAN REEF 25,000

OKLAHOMA ARTS INSTITUTE

111 NW 9TH STREET
OKLAHOMA CITY,OK73102 		NONE PC 2023 OSAI AND OFAI SCHOLARSHIP SUPPORT 10,000

OKLAHOMA CENTER FOR NONPROFITS

720 W WILSHIRE BOULEVARD
OKLAHOMA CITY,OK73116 		NONE PC OKCNP CENTERED ON IMPACT CAPITAL CAMPAIGN 50,000

OKLAHOMA CITY BALLET

6800 N CLASSEN BLVD
OKLAHOMA CITY,OK73116 		NONE PC GOLDEN SWANS PROJECT 5,000

OKLAHOMA CITY FAMILY JUSTICE CENTER

1140 N HUDSON AVENUE
OKLAHOMA CITY,OK73103 		NONE PC PALOMAR 20,000

OKLAHOMA CITY MUSEUM OF ART (V)

415 COUCH DRIVE
OKLAHOMA CITY,OK73102 		NONE PC FREE CHILDREN'S ADMISSION PROGRAM 10,000

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 HUMANE SOCIETY

PO BOX 18471
OKLAHOMA CITY,OK73154 		NONE PC PAAS 150,000

OKLAHOMANS FOR EQUALITY

621 E 4TH STREET
TULSA,OK74120 		NONE PC EQUALITY GALA 12,000

PATHS TO INDEPENDENCE

4620 E FRANK PHILLIPS BLVD
BARTLESVILLE,OK74006 		NONE PC CHAMPION CAMPAIGN 100,000

PIVOT FKA YOUTH SERVICES FOR OK CTY INC

6 NE 63RD ST STE 210
OKLAHOMA CITY,OK73105 		NONE PC TRANSFORMING YOUNG LIVES IN 2023 30,000

POSITIVE TOMORROWS

PO BOX 61190
OKLAHOMA CITY,OK73146 		NONE PC BUILDING SUCCESS - POSITIVE TOMORROWS CAPITAL CAMPAIGN 50,000

REBULDING TOGETHER OKC

945 W WILSHIRE BLVD
OKLAHOMA CITY,OK73116 		NONE PC SAFE & HEALTHY HOUSING 5,000

REGIONAL FOOD BANK

3355 S PURDUE AVENUE
OKLAHOMA CITY,OK73137 		NONE PC ANNUAL MATCH FUNDING 100,000

REMERGE

1140 N HUDSON AVENUE
OKLAHOMA CITY,OK73103 		NONE PC REMERGE OPERATING SUPPORT 10,000

SISU YOUTH INC

3131 N PENNSYLVANIA AVE
OKLAHOMA CITY,OK73112 		NONE PC SHELTER AND SUPPORT FOR UNHOUSED YOUTH 7,500

SMART START CENTRAL OKLAHOMA

12201 PORTLAND AVENUE
OKLAHOMA CITY,OK73120 		NONE PC KETCHUM, OK AND SURROUNDING AREAS SCHOOL COLLABORATION 5,000

SPECIAL CARE INC -

12201 N WESTERN AVE
OKLAHOMA CITY,OK73114 		NONE PC SPECIAL CARE, INC. 25,000

ST JOHN'S ESPISCOPAL CHURCH

5401 N BROOKLINE AVE
OKLAHOMA CITY,OK73112 		NONE PC GENERAL OPERATIONAL SUPPORT 50,000

SUNBEAM FAMILY SERVICES

1100 NW 14TH STREET
OKLAHOMA CITY,OK73106 		NONE PC SHINE A LIGHT! 2022 2,500

SUNBEAM FAMILY SERVICES

1100 NW 14TH STREET
OKLAHOMA CITY,OK73106 		NONE PC BUILDING BRIGHTER FUTURES WITH CHILDREN AND FAMILIES 15,000

TEEN CHALLENGE OF OKLAHOMA

909 S MERIDIAN AVENUE
OKLAHOMA CITY,OK73108 		NONE PC BRUSH CREEK YOUTH RANCH OUTDOOR LEARNING 20,000

UNITED WAY OF CENTRAL OKLAHOMA

1444 NW 28TH STREET
OKLAHOMA CITY,OK73106 		NONE PC ENDOWMENT CAMPAIGN 50,000

UNITED WAY OF CENTRAL OKLAHOMA

1444 NW 28TH STREET
OKLAHOMA CITY,OK73106 		NONE PC 2022 ANNUAL CAMPAIGN 25,000

VINITA DAY CENTER

131 S WILSON STREET
VINITA,OK74301 		NONE PC 2023 OPERATIONAL SUPPORT 8,000

WASHINGTON COUNTY ELDER CARE INC

1223 SWAN DRIVE
BARTLESVILLE,OK74006 		NONE PC GENERAL OPERATING GRANT 5,000

WINGS A SPECIAL NEEDS COMMUNITY

13700 N EASTERN AVENUE
EDMOND,OK73013 		NONE PC WINGS SERVES OK 10,000

YMCA OF GREATER OKLAHOMA CITY

500 N BROADWAY AVE STE 500
OKLAHOMA CITY,OK73102 		NONE PC BRIDGES OUT OF POVERTY 72,023
Total .................................right arrow 3a 1,583,590
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
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 ....     14 291,944  
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 ............ 		    18 818,630  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    01 536  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,111,110 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,111,110
(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 (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
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
2022
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) (2022)
Schedule B (Form 990) (2022) 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

$ 797,810


(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

$ 100,385


(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) (2022)
Schedule B (Form 990) (2022)
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 $ 797,810 2022-12-09
(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 $ 100,385 2022-11-30
(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) (2022)
Schedule B (Form 990) (2022)
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) (2022)
Additional Data


Software ID:  
Software Version:  

TY 2022 AccountingFeesSchedule
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL FEES 7,020 3,510   3,510

TY 2022 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 1,445,541 1,445,541

TY 2022 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 9,495,532 9,495,532

TY 2022 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 106,033 106,033
US TRUST REAL ESTATE FMV 49,849 49,849
HUMPHREYS FUND I, LLC FMV 1,003,859 1,003,859

TY 2022 LegalFeesSchedule
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 360 180   180


TY 2022 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 678 292 292
ACCRUED CAPITAL GAIN DISTRIBUTIONS 1,213 1,324 1,324


TY 2022 OtherDecreasesSchedule
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Description Amount
UNREALIZED GAINS/LOSSES 3,687,468


TY 2022 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 2,500 0   2,500
INVESTMENT EXPENSES 1,220 1,220   0
MEETING EXPENSE 125 0   125
ADVERTISING EXPENSE 2,000 0   2,000


TY 2022 OtherIncomeSchedule2
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 536 536 536


TY 2022 OtherProfessionalFeesSchedule
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 96,250 0   96,250
PORTFOLIO MANAGEMENT FEES 84,984 84,984   0


TY 2022 TaxesSchedule
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 6,632 6,632   0
EXCISE TAXES 64,566 0   0