Drake Gungoll Foundation
The Drake Gungoll Foundation is a private foundation based in Oklahoma City, Oklahoma. In filing year 2025, it reported 16 grants totaling $75,500 to charitable organizations.
Drake Gungoll Foundation at a glance
In short: Drake Gungoll Foundation gave $76K across 16 grants in 2025 (avg $5K), mostly in Oklahoma. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $75,500
- -1.3% vs 2024
- Grants made (2025)
- 16
- -5.9% vs 2024
- Average grant
- $4,719
- +4.9% vs 2024
- Median grant
- $3,000
- Total assets
- $1,490,263
- +18.2% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 16, 2025; small sample)
- Primary geography
- Oklahoma (99% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Drake Gungoll Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: PO Box 18466, Oklahoma City, OK 73154
Phone: (405) 848-7898
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Drake Gungoll Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Casady School Annual Fund ($10K). Together the top 10 received $70K.
Grant Size Distribution
84 grants across all recorded years
The most common grant size was under $50K: 84 grants of 84 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 99% of grant dollars went to recipients in Oklahoma and 1% to recipients in Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
Cities
Is Drake Gungoll Foundation open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 16 grantees (0%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−4%). Method
- In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $74K (2021) to $79K (2022). In 2025 it made 16 grants totaling $76K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Casady School Annual Fund Oklahoma City, OK | General Contribution | $10,000 |
| Junior League of OKC Oklahoma City, OK | General Contribution | $10,000 |
| Nichols Hills Parks Inc Nichols Hills, OK | General Contribution | $10,000 |
| OKC Museum of Art Oklahoma City, OK | General Contribution | $10,000 |
| Westminister Presbyterian Church Oklahoma City, OK | General Contribution | $10,000 |
| Boys and Girls Club of Ok County Oklahoma City, OK | General Contribution | $7,500 |
| Integris Foundation Oklahoma City, OK | General Contribution | $5,000 |
| Oklahoma Medical Research Foundation Oklahoma City, OK | General Contribution | $5,000 |
| Alzheimers Association OKC Chapter Tulsa, OK | General Contribution | $1,000 |
| American Cancer Society Oklahoma City, OK | General Contribution | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,490,263 | $306,552 | $77,000 | $75,500 | 16 | $75,500 | $298,828 | $83,878 |
| 2024 | $1,260,711 | $73,881 | $89,234 | $76,500 | 17 | $76,500 | $73,881 | $80,892 |
| 2023 | $1,276,064 | $55,533 | $86,879 | $76,500 | 17 | $76,500 | $45,154 | $72,832 |
| 2022 | $1,307,410 | $24,663 | $92,187 | $78,743 | 17 | $81,876 | $37,004 | $76,764 |
| 2021 | $1,374,934 | $132,108 | $88,043 | $74,000 | 17 | $77,329 | $121,394 | $83,684 |
Under IRS private-foundation payout rules, Drake Gungoll Foundation reported a distributable amount of $84K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included organizations working in areas such as public parks, medical research, food assistance, and diabetes. For example, Nichols Hills Parks Inc. says its mission is to maintain and improve public parks in Nichols Hills, and the Oklahoma Medical Research Foundation says it is dedicated to developing a better understanding of more effective treatments for human disease. The Regional Food Bank of Oklahoma describes its mission as providing nutritious food and pathways to self-sufficiency for people facing hunger.
Grantmaking
In 2025, the foundation reported 16 grants totaling $75,500. Grants ranged from $1,000 to $10,000, with a median of $3,000. Its largest grants included $10,000 each to Casady School Annual Fund, Junior League of OKC, Nichols Hills Parks Inc., OKC Museum of Art, and Westminister Presbyterian Church. Other grants included $7,500 to Boys and Girls Club of OK County and $5,000 each to Integris Foundation and Oklahoma Medical Research Foundation. The American Diabetes Association received $1,000; it describes its mission as preventing and curing diabetes and improving the lives of people affected by diabetes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Ramsey W Drake II as president and Rachael Weber as treasurer.
Drake Gungoll Foundation is led by Ramsey W. Drake II, President since 2023 (on filings since 2021); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ramsey W. Drake II
President
Secretary → President, 2023
On filings since 2021
No compensation reported
Rachael Weber
Treasurer
On filings since 2021
No compensation reported
Former officers (1)
- Former: Carole J. Drake (2021–2022) — Director & President
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Drake Gungoll Foundation
How much does Drake Gungoll Foundation give each year?
Drake Gungoll Foundation gave $76K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $77K across 17 grants.
What is Drake Gungoll Foundation's typical grant size?
Drake Gungoll Foundation's median grant in 2025 was $3,000, and its average grant was $4,719, across 16 grants on its 2025 IRS Form 990-PF.
Where does Drake Gungoll Foundation give grants?
Drake Gungoll Foundation gives mostly in Oklahoma: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Oklahoma City, OK (11 grants).
Does Drake Gungoll Foundation give general operating support?
Yes: 100% of Drake Gungoll Foundation's 2025 grants with a stated purpose (16 of 16) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Drake Gungoll Foundation's largest grantees?
Drake Gungoll Foundation's largest 2025 grantees include Casady School Annual Fund ($10,000), Junior League of OKC ($10,000) and Nichols Hills Parks Inc ($10,000), according to its 2025 IRS Form 990-PF. Together they received 40% of its itemized 2025 grant dollars.
How large is Drake Gungoll Foundation?
Drake Gungoll Foundation reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $76K in qualifying distributions that year, against a required minimum of $84K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Drake Gungoll Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included organizations working in areas such as public parks, medical research, food assistance, and diabetes. See mission & focus areas ↑
How do I apply for a grant from Drake Gungoll Foundation?
The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Drake Gungoll Foundation's EIN?
Drake Gungoll Foundation's EIN (Employer Identification Number) is 26-0204830. IRS Form 990 filing data is available on this page for 2021–2025.
Does Drake Gungoll Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 5, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Drake Gungoll Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Drake Gungoll Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Drake Gungoll Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/drake-gungoll-foundation-morg_52a609192b3d44598dd40f599490cfbc
BibTeX
@misc{grantable_260204830_2026,
author = {{Grantable}},
title = {{Drake Gungoll Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/drake-gungoll-foundation-morg_52a609192b3d44598dd40f599490cfbc},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Drake Gungoll Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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