Cresap Family Foundation
The Cresap Family Foundation is a private philanthropic foundation based in Oklahoma City, Oklahoma. Established in 2012 following the sale of Premium Beers of Oklahoma—one of the largest Anheuser-Busch distributorships in the United States—the foundation was created to continue the Cresap family's legacy of giving back to the communities that supported their business for 44 years.
Key facts about Cresap Family Foundation
- EIN
- 20-4760218
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,408,381
- Grants made (2024)
- 80
- Average grant
- $17,605
- Median grant
- $13,500
- New grantees (estimate)
- 21% first-time grantees (17 of 80, 2024)
- Total assets
- $16,395,324
- Primary geography
- Oklahoma (90% of itemized 2024 grant dollars)
- How to apply
- 1. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Cresap Family Foundation funds
By grant dollars, the top recipient states for Cresap Family Foundation's 80 itemized 2024 grants were Oklahoma (90%). The most frequent recipient cities were Oklahoma City, OK (42 grants), Bartlesville, OK (7 grants), Vinita, OK (4 grants) and Key Largo, FL (3 grants). 25% of grants with a stated purpose were for general or operating support. Recurring purposes include "Adventure Academy" (5 grants).
Is Cresap Family Foundation open to new grantees?
21%
first-time grantees, 2024
In 2024, 17 of 80 grantees (21%) were first-time recipients. First grants averaged $13K; repeat grants $19K. How we count
Medians: $10K first-time, $15K repeat.
- 71% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−16%). Method
- In 2024 it paid out 204% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Cresap Family Foundation
- How to evaluate Cresap Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Cresap Family Foundation with AI
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- Track this opportunity in a free grant tracker
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.4M
+11.9% YoY
Annual Giving
$1.4M
-9.3% YoY
Grant Count
80
+2.6% YoY
Avg Grant Size
$18K
-11.6% YoY
Under IRS private-foundation payout rules, Cresap Family Foundation reported a distributable amount of $754K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission Statement: The mission of the Cresap Family Foundation is to further the philanthropic legacy of the Cresap Family by improving the quality of life of Oklahomans and beyond.
Areas of Emphasis:
- Youth and families
- Health and wellness
- Education
- Arts and humanities
- Animal welfare
Grantmaking
Grant Range
$11,000
How to Apply
**Application Process:**
Ready to take the next step with Cresap Family Foundation?
Geographic Focus
Where this funder awards grants
Funding preference is given to organizations in areas where Premium Beers operated, including:
Central Oklahoma counties:
- Canadian
- Cleveland
- Grady
- Lincoln
- Logan
- Oklahoma
- Pottawatomie
Northeast Oklahoma counties:
- Craig
- Delaware
- Mayes
- Nowata
- Osage
- Ottawa
- Washington
The foundation notes this is a strong preference but not mandatory, and has funded organizations across multiple U.S. states.
Grant Distribution by State
Share of all 80 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
Current Assets & Revenue (2024):
- Total assets: $16,395,324
- Total revenues: $2,048,063
- Total expenses: $1,646,179
- Total grants awarded: $1.4 million
Historical Context: The foundation's financial base grew substantially from its establishment, reflecting the proceeds from the sale of Premium Beers of Oklahoma.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,395,324 | $14,647,026 | $14,219,487 |
| Revenue | $2,048,063 | $779,753 | $2,009,305 |
| Expenses | $1,646,179 | $1,764,651 | $1,849,247 |
| Qualifying Distributions | $1,540,702 | $1,668,449 | $1,688,155 |
| Net Investment Income | $697,760 | $284,617 | $1,011,301 |
| Distributable Amount | $754,485 | $704,240 | $707,108 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
383 grants across all recorded years
Open Grants
1 open opportunity from Cresap Family Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Regional Food Bank ($100,000), Friends of the Kiddie Park ($50,000), National Cowboy & Western Heritage Museum ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| REGIONAL FOOD BANK Oklahoma City, OK | ANNUAL MATCH FUNDING | $100,000 |
| FRIENDS OF THE KIDDIE PARK Bartlesville, OK | ALL ABOARD 2097 A CAMPAIGN FOR KIDDIE PARK | $50,000 |
| NATIONAL COWBOY & WESTERN HERITAGE MUSEUM Oklahoma City, OK | 2024 SPONSORSHIPS | $50,000 |
| OKLAHOMA ZOOLOGICAL SOCIETY INC Oklahoma City, OK | RENOVATION OF OKLAHOMA TRAILS AT THE OKLAHOMA CITY ZOO | $50,000 |
| WINGS A SPECIAL NEEDS COMMUNITY Oklahoma City, OK | CAPITAL CAMPAIGN | $50,000 |
| VINITA PUBLIC SCHOOLS Vinita, OK | ADVENTURE ACADEMY SUMMER 2024 | $44,708 |
| OKLAHOMA HALL OF FAME Oklahoma City, OK | 10TH ANNUAL OKLAHOMA BORN AND BREWED PLATINUM SPONSORSHIP, PRODUCTION PARTNER, GENERAL OPERATIONS SUPPORT | $37,500 |
| JAY PUBLIC SCHOOLS Jay, OK | ADVENTURE ACADEMY | $34,273 |
| NEIGHBORHOOD SERVICES ORGANIZATION INC Oklahoma City, OK | NSO GENERAL OPERATING SUPPORT | $30,000 |
| PIVOT INC (FORMERLY YOUTH SERVICES FOR OKLAHOMA COUNTY INC) Oklahoma City, OK | EMPOWERING THE NEXT GENERATION | $30,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Directors:
- John Cresap – President
- Gail C. Cresap – Vice-President
- Charles D. Cresap – Director
- Kari Blakley – Secretary
- Dan Glades – Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John D Cresap | President | 1 | — |
| Charles D Cresap | Director | 1 | — |
| Gail C Cresap | Vice-President | 1 | — |
| Kari Blakley | Secretary | 1 | — |
| Dan Glades | Treasurer | 1 | $8,500 |
| Joann Goble Schaub | Director | 1 | $8,500 |
Recent News & Activity
Recent developments and announcements
The foundation continues active grantmaking with regular board meetings and funding decisions. In 2024, the foundation distributed approximately $1.4 million across 77 grants to nonprofits, demonstrating sustained commitment to its mission areas and geographic focus areas.
Cresap Family Foundation grants $1.4M to nonprofitsSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Cresap Family Foundation fund?
**Mission Statement:** The mission of the Cresap Family Foundation is to further the philanthropic legacy of the Cresap Family by improving the quality of life of Oklahomans and beyond. **Areas of Emphasis:** • Youth and families • Health and wellness • Education • Arts and humanities • Animal welfare
How do I apply for a grant from Cresap Family Foundation?
1. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Cresap Family Foundation make grants?
Funding preference is given to organizations in areas where Premium Beers operated, including: **Central Oklahoma counties:** • Canadian • Cleveland • Grady • Lincoln • Logan • Oklahoma • Pottawatomie **Northeast Oklahoma counties:** • Craig • Delaware • Mayes • Nowata • Osage • Ottawa • Washington The foundation notes this is a strong preference but not mandatory, and has funded organizations across multiple U.S. states.
What size grants does Cresap Family Foundation award?
In 2024, Cresap Family Foundation awarded 80 grants totaling $1.4M — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Cresap Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cresap Family Foundation reported a distributable amount of $754K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cresap Family Foundation's EIN?
Cresap Family Foundation's EIN (Employer Identification Number) is 20-4760218. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cresap Family Foundation's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.