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Nonprofit · EIN 90-0246585

RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003

Tax-exempt · COLUMBUS, OH 43216

Financials

$20K$21K2023$22K$23K2024$50K$21K2025
Revenue Expenses · by fiscal year end
Financials of RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$49,505$21,431$28,074$305,619$0$305,619
December 31, 2024990-PF$21,608$22,966-$1,358$279,038$0$279,038
December 31, 2023990-PF$20,228$21,083-$855$277,846$0$277,846
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$11,518
Net gain from sales of assets
$37,987

Expenses

Grants and similar amounts paid
$13,000
Compensation of officers, directors and key employees
$6,233
Disbursements for charitable purposes
$17,867
Excise tax on investment income
$643

Balance sheet and other

Total assets, start of year
$279,038
Total assets, end of year
$305,619
Total liabilities, end of year
$0
Net assets, end of year
$305,619
Fair market value of assets
$455,175
Qualifying distributions
$17,867
Net investment income
$49,505

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
HUNTINGTON NATIONAL BANK
PO BOX 1558 DEPT EA5W86, COLUMBUS, OH 43216
TRUSTEE1$6,233
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
HUNTINGTON NATIONAL BANK
PO BOX 1558 DEPT EA5W86, COLUMBUS, OH 43216
TRUSTEE1$5,705
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
HUNTINGTON NATIONAL BANK
PO BOX 1558 DEPT EA5W86, COLUMBUS, OH 43216
TRUSTEE1$5,460

Address and contacts

Address (IRS master file)
PO BOX 1558, COLUMBUS, OH 43216-1558
Signed the 990-PF
HUNTINGTON NATIONAL BANK, SENIOR VP
Phone
(614) 480-9547
Return prepared by
PWC US TAX LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
90-0246585
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2023
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$305,619
Income (IRS master file)
$90,914

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$49,505$21,431$305,619IRS
990-PFDecember 2024$21,608$22,966$279,038IRS
990-PFDecember 2023$20,228$21,083$277,846XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 90-0246585).

Questions about RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003

What is the EIN of RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003?
The employer identification number (EIN) of RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003 is 90-0246585.
Is RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003 tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003 file?
Form 990-PF. Private foundations file every year.
When is the next return of RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003 due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003 last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003?
The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $6,233 (HUNTINGTON NATIONAL BANK, TRUSTEE).
How much revenue does RAY & RUTH DRAKE SCHOLARSHIP FUND OAG 05-36581055224003 have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $49,505, expenses of $21,431 and total assets of $305,619 at year end.

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