Covington Douglas Scholarship Foundation

ENID, OK EIN: 23-7426494

Covington Douglas Scholarship Foundation is a private foundation, based in ENID, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $678K in total assets. In 2024, it awarded 26 grants totaling $27K. Net investment income was $36K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$678K

+0.3% YoY

Annual Giving

$27K

-7.6% YoY

Grant Count

26

+13.0% YoY

Avg Grant Size

$1K

-18.2% YoY

Under IRS private-foundation payout rules, Covington Douglas Scholarship Foundation reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.

About Covington Douglas Scholarship Foundation

Based on IRS filings

Covington Douglas Scholarship Foundation is a private foundation, based in ENID, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $678K in total assets. In 2024, it awarded 26 grants totaling $27K. Net investment income was $36K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

CovingtonDouglasEnidFairmontLucienMarshallOklahoma CityOrlandoStillwater

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$26K$52K$78K$104K20202021202220232024
Metric202420232022
Total Assets$677,969$675,715$661,805
Revenue$37,625$52,875$94,288
Expenses$35,371$38,965$41,704
Qualifying Distributions$33,317$35,130$39,031
Net Investment Income$35,681$51,044$92,344
Distributable Amount$34,600$32,952$35,447

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$17K$26K$34K13 grants202017 grants202123 grants202223 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COVINGTON DOUGLAS SCHOOL…$2KALEXIS LOVELL$1KALLIE STOWERS$1KBLAKE VOGEL$1KCAMERON SMITH$1KCHRISTIAN M TARANGO MIER$1KCOURTNEY KERR$1KDRAKE DAUGHERTY$1KDYLAN MCLANE$1KELLIE GARCIA$1K

Grant Size Distribution

102 grants across all recorded years

102<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Covington Douglas School Foundation ($1,575), Alexis Lovell ($1,000), Allie Stowers ($1,000).

RecipientPurposeAmount
ALEXIS LOVELL COVINGTON, OKSCHOLARSHIP$1,000
ALLIE STOWERS FAIRMONT, OKSCHOLARSHIP$1,000
BLAKE VOGEL MARSHALL, OKSCHOLARSHIP$1,000
CAMERON SMITH COVINGTON, OKSCHOLARSHIP$1,000
CHRISTIAN M TARANGO MIER MARSHALL, OKSCHOLARSHIP$1,000
COURTNEY KERR LUCIEN, OKSCHOLARSHIP$1,000
COVINGTON DOUGLAS SCHOOL FOUNDATION COVINGTON, OKEDUCATION (TEACHER GRANTS AND SUPPLIES)$1,575
DRAKE DAUGHERTY COVINGTON, OKSCHOLARSHIP$1,000
DYLAN MCLANE COVINGTON, OKSCHOLARSHIP$1,000
ELLIE GARCIA MARSHALL, OKSCHOLARSHIP$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CASEY FELIX TRUST OFFICERSELECTION COMMITTEE
DARREN SHARPESELECTION COMMITTEE
STRIDE BANK NATRUSTEE
SHARLA SHARPESELECTION COMMITTEE

Frequently Asked Questions

How large is Covington Douglas Scholarship Foundation?

As of 2024, Covington Douglas Scholarship Foundation holds $678K in total assets with $38K in annual revenue. It awarded 26 grants totaling $27K in 2024.

Where does Covington Douglas Scholarship Foundation operate?

Covington Douglas Scholarship Foundation has awarded grants in Oklahoma.

What size grants does Covington Douglas Scholarship Foundation award?

In 2024, Covington Douglas Scholarship Foundation awarded 26 grants totaling $27K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Covington Douglas Scholarship Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Covington Douglas Scholarship Foundation reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Covington Douglas Scholarship Foundation's EIN?

Covington Douglas Scholarship Foundation's EIN (Employer Identification Number) is 23-7426494. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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