Mance E & Fay Phillips Drummond

ARDMORE, OK EIN: 73-6307892

THE TRUST WAS CREATED TO MANAGE AN ENDOWMENT THAT PROVIDES FUNDING TO FOUR CHARITABLE ORGANIZATIONS. DURING THE YEAR, 146,122.67 WAS DISTRIBUTED TO THE FOUR CHARITIES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

+3.1% YoY

Annual Giving

$146K

+159.5% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$37K

+159.5% YoY

About Mance E & Fay Phillips Drummond

Based on IRS filings

Mance E & Fay Phillips Drummond is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ARDMORE, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 4 grants totaling $146K. Net investment income was $215K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ArdmoreOklahoma City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$88K$175K$263K$351K20202021202220232024
Metric202420232022
Total Assets$1,824,132$1,768,612$1,764,321
Revenue$214,541$70,068$66,345
Expenses$158,913$65,777$54,442
Qualifying Distributions
Net Investment Income$214,541$70,068$66,345
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$77K$155K$232K$309K4 grants20204 grants20214 grants20224 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

SALVATION ARMY$48KTHE BAPTIST FOUNDATION O…$40KCOMMUNITY CHILDREN'S SHE…$29KGOOD SHEPHERD COMMUNITY …$29K

Grant Size Distribution

20 grants across all recorded years

16<$50K3$50–100K1$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 Salvation Army ($47,852), The Baptist Foundation of Oklahoma ($39,820), Community Children's Shelter ($29,225).

RecipientPurposeAmount
THE BAPTIST FOUNDATION OF OKLAHOMA OKLAHOMA CITY, OKOPERATING SUPPORT$39,820
COMMUNITY CHILDREN'S SHELTER ARDMORE, OKOPERATING SUPPORT$29,225
GOOD SHEPHERD COMMUNITY CLINIC ARDMORE, OKOPERATING SUPPORT$29,225
SALVATION ARMY ARDMORE, OKOPERATING SUPPORT$47,852

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MIKE CARNAHANTRUSTEE
THOM MCGUIRETRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mance E & Fay Phillips Drummond?

Mance E & Fay Phillips Drummond is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ARDMORE, OK. It holds $1.8M in total assets as of 2024.

How large is Mance E & Fay Phillips Drummond?

As of 2024, Mance E & Fay Phillips Drummond holds $1.8M in total assets with $215K in annual revenue. It awarded 4 grants totaling $146K in 2024.

Where does Mance E & Fay Phillips Drummond operate?

Mance E & Fay Phillips Drummond has awarded grants in Oklahoma.

What size grants does Mance E & Fay Phillips Drummond award?

In 2024, Mance E & Fay Phillips Drummond awarded 4 grants totaling $146K — an average of about $37K per grant, based on its IRS Form 990 filings.

What is Mance E & Fay Phillips Drummond's EIN?

Mance E & Fay Phillips Drummond's EIN (Employer Identification Number) is 73-6307892. 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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