Drake Gungoll Foundation

Organization Overview

Drake Gungoll Foundation is located in Oklahoma City, OK. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drake Gungoll Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Drake Gungoll Foundation generated $132.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $88.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $47,963
Net Rental Income$0
Net Gain on Sale of Assets $84,145
Capital Gain Net Income $84,145
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $132,108

Grants Awarded

Over the last fiscal year, Drake Gungoll Foundation has awarded $74,000 in support to 17 organizations.

Grant RecipientAmount

OKLAHOMA CITY MUSEUM OF ART

Org PageRecipient Profile

Oklahoma City, OK

PURPOSE: GENERAL CONTRIBUTION

$10,000

JUNIOR LEAGUE OF OKLAHOMA CITY

PURPOSE: GENERAL CONTRIBUTION

$10,000

Oklahoma City, OK

PURPOSE: GENERAL CONTRIBUTION

$10,000

WESTMINSTER PRESBYTERIAN CHURCH

Org PageRecipient Profile

Oklahoma City, OK

PURPOSE: GENERAL CONTRIBUTION

$10,000

NICHOLS HILLS PARKS INC

Org PageRecipient Profile

Nichols Hills, OK

PURPOSE: GENERAL CONTRIBUTION

$10,000

REGIONAL FOOD BANK OF OKLAHOMA

Org PageRecipient Profile

Oklahoma City, OK

PURPOSE: GENERAL CONTRIBUTION

$5,000
View Grant Profile

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