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.
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
The foundation maintains an active grantmaking program with a structured application process:
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
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 |
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
250 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 include Friends of the Kiddie Park ($50,000), National Cowboy & Western Heritage Museum ($50,000), Oklahoma Zoological Society Inc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AFTON PUBLIC SCHOOLS AFTON, OK | ADVENTURE ACADEMY | $16,200 |
| ALLIED ARTS OKLAHOMA CITY, OK | 2024 ANNUAL CAMPAIGN | $10,000 |
| ASPEN COMMUNITY FOUNDATION BASALT, CO | GIVING NETWORK (2024) | $5,000 |
| BOYS & GIRLS CLUB OF NOWATA NOWATA, OK | BACKPACK PROGRAM | $25,000 |
| BOYS & GIRLS CLUB OF OTTAWA COUNTY MIAMI, OK | REACHING MORE OTTAWA COUNTY YOUTH IN NEED | $20,000 |
| CALM WATERS CENTER FOR CHILDREN OKLAHOMA CITY, OK | GENERAL OPERATING | $7,500 |
| CANTERBURY VOICES OKLAHOMA CITY, OK | YOUTH MUSIC EDUCATION SUPPORT 2024-2025 | $4,000 |
| CASA OF NORTHEAST OK INC CLAREMORE, OK | CASA VOLUNTEERS FOR ADVOCACY PILOT PROJECT | $15,000 |
| CENTER FOR CHILDREN AND FAMILIES OKLAHOMA CITY, OK | BOYS & GIRLS CLUBS OF NORMAN | $15,000 |
| CITY CARE INC OKLAHOMA CITY, OK | CITY CARE'S HOMELESS SERVICES PROGRAM | $15,000 |
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 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?
The foundation maintains an active grantmaking program with a structured application process: **Application Process:** 1. **Letter of Inquiry** – A web-based, user-friendly initial step to help prioritize grants 2. **Grant Application** – Full application requiring financial information, board governance details, and program descriptions 3. **Board Review** – Applications reviewed at the foundation's Fall meeting with funding decisions made at that time 4. **Follow-Up** – Grant recipients recei…
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 June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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