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
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
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$14,647,026J 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) 404,300
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 320,652 317,305  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 54,421
b Gross sales price for all assets on line 6a 3,443,003
7 Capital gain net income (from Part IV, line 2)... 63,134
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
380 380  
12 Total. Add lines 1 through 11........ 779,753 380,819  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 3,000 0   3,000
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
2,583 1,292   1,291
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,019 4,510   4,509
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
188,440 83,410   105,030
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
5,924 5,924   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
3,066 1,066   2,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 212,032 96,202   115,830
25 Contributions, gifts, grants paid....... 1,552,619 1,552,619
26 Total expenses and disbursements. Add lines 24 and 25 1,764,651 96,202   1,668,449
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -984,898
b Net investment income (if negative, enter -0-) 284,617
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 2,117,057 1,040,484 1,040,484
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)....... 9,495,532 Click to see attachment
List of Attached Documents:
// Content
11,228,221 		11,228,221
c Investments—corporate bonds (attach schedule)....... 1,445,541 Click to see attachment
List of Attached Documents:
// Content
1,350,626 		1,350,626
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).......... 1,159,741 Click to see attachment
List of Attached Documents:
// Content
1,025,890 		1,025,890
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
1,616 		Click to see attachment
List of Attached Documents:
// Content
1,805 		Click to see attachment
List of Attached Documents:
// Content
1,805
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,219,487 14,647,026 14,647,026
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........ 14,219,487 14,647,026
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)..... 14,219,487 14,647,026
30 Total liabilities and net assets/fund balances (see instructions). 14,219,487 14,647,026
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
14,219,487
2
Enter amount from Part I, line 27a .....................
2
-984,898
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,412,437
4
Add lines 1, 2, and 3 ..........................
4
14,647,026
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,647,026
Form 990-PF (2023)
Form 990-PF (2023)
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 CAPITAL GAINS DIVIDENDS P    
d
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 3,421,996   3,373,311 48,685
b 19,029   6,558 12,471
c 1,978     1,978
d
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       48,685
b       12,471
c       1,978
d
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 63,134
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  
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 3,956
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 3,956
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 3,956
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 25,356
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 25,356
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 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 21,400
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow21,400 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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 2023 or the taxable year beginning in 2023? 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
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 2023, 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
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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 D CRESAP DIRECTOR
1.00 		0 0 0
1024 E BRITTON ROAD SUITE 100
OKLAHOMA CITY,OK73131
GAIL C CRESAP VICE-PRESIDENT
1.00 		0 0 0
1024 E BRITTON ROAD SUITE 100
OKLAHOMA CITY,OK73131
KARI BLAKLEY SECRETARY
1.00 		0 0 0
1024 E BRITTON ROAD SUITE 100
OKLAHOMA CITY,OK73131
DAN GLADES TREASURER
1.00 		3,000 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 (2023)
Form 990-PF (2023)
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 (2023)
Form 990-PF (2023)
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
12,614,908
b
Average of monthly cash balances.......................
1b
1,762,992
c
Fair market value of all other assets (see instructions)................
1c
1,710
d
Total (add lines 1a, b, and c).........................
1d
14,379,610
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
14,379,610
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
215,694
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,163,916
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
708,196
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
708,196
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,956
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,956
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
704,240
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
704,240
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
704,240
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
1,668,449
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
1,668,449
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 704,240
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 861,958
b From 2019...... 906,597
c From 2020...... 1,065,475
d From 2021...... 1,037,631
e From 2022...... 981,047
f Total of lines 3a through e ........ 4,852,708
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,668,449
a Applied to 2022, 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 2023 distributable amount..... 704,240
e Remaining amount distributed out of corpus 964,209
5 Excess distributions carryover applied to 2023. 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 5,816,917
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		861,958
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		4,954,959
10 Analysis of line 9:
a Excess from 2019.... 906,597
b Excess from 2020.... 1,065,475
c Excess from 2021.... 1,037,631
d Excess from 2022.... 981,047
e Excess from 2023.... 964,209
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, 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) 2023 (b) 2022 (c) 2021 (d) 2020
         
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, 2024. THE TRUSTEES WILL REVIEW ALL LETTERS OF INTENT RECEIVED THROUGH THE ONLINE GRANT APPLICATION PROCESS BY JUNE 2024. THE TRUSTEES WILL REVIEW ALL GRANT APPLICATIONS AND APPROVED GRANTS WILL BE FUNDED IN OCTOBER 2024. ALL APPLICANTS WILL BE NOTIFIED OF FINAL GRANTING DECISIONS.
cAny submission deadlines:
LETTER OF INQUIRY DEADLINE: MAY 1, 2024
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2023)
Form 990-PF (2023)
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 2023 18,850

AGAPE MISSION OF BARTLESVILLE

5TH AND SW CASS AVE
BARTLESVILLE,OK74003 		NONE PC AGAPE MISSION FEEDING PROGRAM 25,000

AIM HIGH CENTER INC

17760 NS 426 RD
VINITA,OK74301 		NONE PC FOOD BUDGET 10,000

ALLIED ARTS

1015 N BROADWAY 200
OKLAHOMA CITY,OK73102 		NONE PC 2023 ANNUAL CAMPAIGN 10,000

ASPEN COMMUNITY FOUNDATION

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

BLUEJACKET PUBLIC SCHOOLS

276 NE 3RD STREET
BLUEJACKET,OK74333 		NONE PC CONNECTING STUDENTS TO THEIR GREATEST POTENTIAL 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 25,000

BOYS & GIRLS CLUB OF OTTAWA COUNTY

504 GOODRICH BLVD
MIAMI,OK74354 		NONE PC REACHING MORE OTTAWA COUNTY YOUTH IN NEED 10,000

CALM WATERS CENTER FOR CHILDREN

4334 NW EXPRESSWAY SUITE 101
OKLAHOMA CITY,OK73116 		NONE PC GENERAL OPERATING 7,500

CANTERBURY VOICES

424 COLCORD DRIVE SUITE D
OKLAHOMA CITY,OK73102 		NONE PC YOUTH MUSIC EDUCATION SUPPORT 2023-2024 3,000

CARE CENTER

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

CASA OF NORTHEAST OK INC

658 S LYNN RIGGS BLVD
CLAREMORE,OK74017 		NONE PC CASA VOLUNTEERS FOR ADVOCACY PILOT PROJECT 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 CLUBS OF NORMAN 15,000

CITY CARE INC

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

CITY OF VINITA

104 EAST ILLINOIS
VINITA,OK74301 		NONE PC ANIMAL SHELTER (PAAS) SUPPORT 100,000

CLEORA PUBLIC SCHOOLS

451358 E 295 ROAD
AFTON,OK74331 		NONE PC ADVENTURE ACADEMY SUMMER 2023 14,763

COMMUNITIES FOUNDATION OF OKLAHOMA

PO BOX 21210
OKLAHOMA CITY,OK73156 		NONE PC CRESAP FAMILY FOUNDATION SCHOLARSHIP 4,000

COMMUNITY CRISIS CENTER INC

2625 GENERAL PERSHING BLVD
OKLAHOMA CITY,OK73107 		NONE PC DOMESTIC VIOLENCE SHELTER 15,000

CRAIG COUNTY NEIGHBORS HELPING NEIGHBORS

224 W SEQUOYAH AVENUE
VINITA,OK74301 		NONE PC CRAIG COUNTY NEIGHBORS HELPING NEIGHBORS 15,000

DEADCENTER FILM FESTIVAL

415 COUCH DRIVE
OKLAHOMA CITY,OK73102 		NONE PC 2023 ANNUAL SPONSORSHIP 5,000

DELAWARE COUNTY CHILDRENS SPECIAL ADVOCACY NETWORK INC

1530 NORTH INDUSTRIAL PARK ROAD
JAY,OK74346 		NONE PC HOPE STARTS HERE - DCCSAN BUILDING CAMPAIGN 20,000

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 VICTIM SERVICES IN OKLAHOMA 5,000

FIELDS AND FUTURES

9400 BROADWAY EXT 470
OKLAHOMA CITY,OK73114 		NONE PC THE FUTURE PLAYS HERE 10,000

FOCUS ON HOME

6608 N WESTERN AVENUE
OKLAHOMA CITY,OK73116 		NONE PC ENDING "HOME"LESSNESS IN OUR COMMUNITY 7,500

FRIENDS OF THE KIDDIE PARK

PO BOX 405
BARTLESVILLE,OK74005 		NONE PC ALL ABOARD 2097 A CAMPAIGN FOR KIDDIE PARK 50,000

GIRL SCOUTS OF EASTERN OKLAHOMA

511 E 11TH ST
BARTLESVILLE,OK74003 		NONE PC GIRL SCOUT LEADERSHIP EXPERIENCE 5,000

GRAND LAKE FAMILY YMCA

821 E 11TH STREET
GROVE,OK74344 		NONE PC TOGETHER CAMPAIGN, GRAND LAKE FAMILY YMCA 25,000

HEALTHNETWORK FOUNDATION

33 RIVER STREET
CHAGRIN FALLS,OH44022 		NONE PC UNRESTRICTED OPERATING SUPPORT 10,000

HEARTLINE INC

2401 NW 23RD STREET SUITE 19
OKLAHOMA CITY,OK73107 		NONE PC 211 COMMUNITY RESOURCE LINE 10,000

HEARTS FOR HEARING

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

HOME OF HOPE INC

474 RURAL HILL RD
NASHVILLE,TN37217 		NONE PC STEPPING STONES CHILDCARE/EMPLOYEE SUPPORT & WELLBEING 25,000

HOMELESS ALLIANCE

1724 NW 4TH STREET
OKLAHOMA CITY,OK73106 		NONE PC CURBSIDE VALENTINE'S BOUQUETS 35,000

JAY PUBLIC SCHOOLS

821 N MAIN
JAY,OK74346 		NONE PC ADVENTURE ACADEMY SUMMER 2023 23,714

JOURNEY HOME

1724 NW 4TH STREET
OKLAHOMA CITY,OK73106 		NONE PC END OF LIFE CAREGIVING 2023 3,000

LEADERSHIP OKLAHOMA

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

MARTHA'S TASK

718 SOUTH JOHNSTONE
BARTLESVILLE,OK74003 		NONE PC MARTHA'S TASK - IMPROVING LIVES ONE STITCH AT A TIME 2,500

MARY MARTHA OUTREACH (EASTERN OK)

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

NATIONAL COWBOY & WESTERN HERITAGE MUSEUM

1700 NE 63RD STREET
OKLAHOMA CITY,OK73111 		NONE PC 2023 SPONSORSHIPS 50,000

NEIGHBORHOOD SERVICES ORGANIZATION INC

431 SW 11TH STREET
OKLAHOMA CITY,OK73109 		NONE PC NSO GENERAL OPERATING SUPPORT 30,000

NEXUS EQUINE

PO BOX 54572
OKLAHOMA CITY,OK73154 		NONE PC NEXUS EQUINE CAPITAL EQUIPMENT NEEDS 10,000

NONDOC MEDIA

3800 N CLASSEN BLVD STE C80
OKLAHOMA CITY,OK73118 		NONE PC WRITERS' FUND 10,000

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 2024 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 CHILDREN'S THEATRE

2501 N BLACKWELDER AVE
OKLAHOMA CITY,OK73106 		NONE PC 2023 PRODUCTIONS AND PROGRAMMING 5,000

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

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

OKLAHOMA CLEATS FOR KIDS

720 W WILSHIRE BLVD 120
OKLAHOMA CITY,OK73116 		NONE PC EQUIP OKLAHOMA - NORTHEAST OKLAHOMA 10,000

OKLAHOMA CONTEMPORARY ARTS CENTER

NW 11TH AND BROADWAY
OKLAHOMA CITY,OK73103 		NONE PC ART FOR ALL 10,000

OKLAHOMA GUARDIAN AD LITEM INSTITUTE

1701 SIGNAL RIDGE DR
EDMOND,OK73013 		NONE PC OKGALI SERVING CHILDREN IN LOW INCOME FAMILIES 5,000

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 100,000

OKLAHOMA SINGLE PARENT SCHOLARSHIP PROGRAM

6608 NORTH WESTERN AVE 322
OKLAHOMA CITY,OK73116 		NONE PC HELPING SINGLE PARENTS EARN COLLEGE DEGREES 7,200

OKLAHOMA ZOOLOGICAL SOCIETY INC

2101 NE 50TH STREET
OKLAHOMA CITY,OK73111 		NONE PC RENOVATION OF OKLAHOMA TRAILS AT THE OKLAHOMA CITY ZOO 50,000

OTHER OPTIONS INC

3636 NW 51ST STREET
OKLAHOMA CITY,OK73112 		NONE PC OTHER OPTIONS, INC. 12,000

OUR NEIGHBORHOOD EMPOWERED ONE

4400 NORTHWEST EXPRESSWAY
OKLAHOMA CITY,OK73116 		NONE PC IMPROVING LITERACY 2,500

PIVOT FKA YOUTH SERVICES FOR OK CTY INC

6 NE 63RD ST STE 210
OKLAHOMA CITY,OK73105 		NONE PC TRANSFORMING YOUNG LIVES IN 2024 30,000

RAY OF HOPE ADVOCACY CENTER INC

706 EAST 3RD STREET
BARTLESVILLE,OK74003 		NONE PC UNRESTRICTED SUPPORT 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

SAVANNAH STATION THERAPEUTIC RIDING PROGR

13420 FRISCO RD
YUKON,OK73099 		NONE PC SADDLES FOR SPECIAL RIDERS 5,000

SISU YOUTH INC

3131 N PENNSYLVANIA AVE
OKLAHOMA CITY,OK73112 		NONE PC SHELTER AND SUPPORT FOR UNHOUSED YOUTH 10,000

SMILING GOAT RANCH INC

2255 EMMA ROAD
BASALT,CO81621 		NONE PC JOHN CRESAP - EQUINE THERAPY SERVICES 2,500

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 36,000

SUNBEAM FAMILY SERVICES

1100 NW 14TH STREET
OKLAHOMA CITY,OK73106 		NONE PC SHELTER AND SUPPORT FOR UNHOUSED YOUTH 20,000

TEEN CHALLENGE OF OKLAHOMA

909 S MERIDIAN AVENUE
OKLAHOMA CITY,OK73108 		NONE PC BRUSH CREEK YOUTH RANCH OUTDOOR LEARNING 25,000

UNITED WAY OF CENTRAL OKLAHOMA

1444 NW 28TH STREET
OKLAHOMA CITY,OK73106 		NONE PC ENDOWMENT CAMPAIGN 75,000

UNIVERSITY OF OKLAHOMA FOUNDATION

100 WEST TIMBERDELL ROAD
NORMAN,OK73019 		NONE PC UNIFORMS FOR PRIDE OF OKLAHOMA MARCHING BAND 25,000

VINITA DAY CENTER

131 S WILSON STREET
VINITA,OK74301 		NONE PC 2024 OPERATIONAL SUPPORT 10,000

VINITA PUBLIC SCHOOLS

114 SOUTH SCRAPER STREET
VINITA,OK74301 		NONE PC ADVENTURE ACADEMY SUMMER 2023 43,650

WELCH PUBLIC SCHOOLS

707 S CURTIS STREET
WELCH,OK74369 		NONE PC ADVENTURE ACADEMY SUMMER 2023 22,770

WELCH VOLUNTEER FIRE DEPARTMENT

3RD STREET
WELCH,OK74369 		NONE PC WILDLAND PPE ACQUISITION 22,172

YMCA OF GREATER OKLAHOMA CITY

500 N BROADWAY AVE STE 500
OKLAHOMA CITY,OK73102 		NONE PC C.A.R.E. 10,000
Total .................................right arrow 3a 1,552,619
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 ....     14 320,652  
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 54,421  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    01 380  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 375,453 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
375,453
(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 (2023)
Form 990-PF (2023)
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 (2023)
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
2023
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) (2023)
Schedule B (Form 990) (2023) 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

$ 404,300


(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.)
(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) (2023)
Schedule B (Form 990) (2023)
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 $ 104,300 2023-12-13
(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
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
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) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL FEES 9,019 4,510   4,509

TY 2023 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 1,350,626 1,350,626

TY 2023 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 11,228,221 11,228,221

TY 2023 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 REAL ESTATE FMV 39,181 39,181
US TRUST PRIVATE EQUITY FMV 57,849 57,849
HUMPHREYS FUND I, LLC FMV 928,860 928,860

TY 2023 LegalFeesSchedule
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 2,583 1,292   1,291


TY 2023 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 292 0 0
ACCRUED CAPITAL GAIN DISTRIBUTIONS 1,324 1,724 1,724
ACCRUED INTEREST 0 81 81


TY 2023 OtherExpensesSchedule
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES 1,066 1,066   0
ADVERTISING EXPENSE 2,000 0   2,000


TY 2023 OtherIncomeSchedule2
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 380 380 380


TY 2023 OtherIncreasesSchedule
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Description Amount
UNREALIZED GAINS/LOSSES 1,412,437


TY 2023 OtherProfessionalFeesSchedule
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 105,030 0   105,030
PORTFOLIO MANAGEMENT FEES 83,410 83,410   0


TY 2023 TaxesSchedule
Name:
CRESAP FAMILY FOUNDATION
EIN:
20-4760218
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 5,924 5,924   0