Drake Ray & Ruth Schol Fund Oag #05-368
Accepts applications
Drake Ray & Ruth Schol Fund Oag #05-368 is a private foundation in Columbus, Ohio. In tax year 2025 it gave $13,000 in 11 grants; the typical grant was $1,000 and the largest $3,500. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$13,000
- Number of grants11
- Typical grant$1,000
- Largest grant$3,500
- Assets$455,175
- New grantees73%
Giving in 2025 was down from $15,000 the year before.
73% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $13,000 | 10 | $381,116 |
| 2024 | $15,000 | 8 | $418,453 |
| 2025 | $13,000 | 11 | $455,175 |
How to apply
| Contact | Eastwood High School Principal 4900 Sugar Ridge Road, Pemberville, OH 43450 |
|---|---|
| Phone or email | (419) 833-3611 |
| What to submit | Paper application |
| Deadlines | April 15 yearly |
| Restrictions | Students must have maintained a 3.0 grade point average and must be pursuing a formal post-high school education. |
What Drake Ray & Ruth Schol Fund Oag #05-368 funds
Where it gives
Its grants went to recipients in 3 states, the most to Ohio.
| State | Grants | Amount |
|---|---|---|
| Ohio | 9 | $9,000 |
| Kentucky | 1 | $3,500 |
| Indiana | 1 | $500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Bowling Green State University | Scholarships | $3,500 |
| Ashland University | Scholarships | $2,000 |
| Owens Community College | Scholarships | $1,000 |
| Ohio Wesleyan University | Scholarships | $1,000 |
| University of Cincinnati | Scholarships | $1,000 |
| Ohio State University | Scholarships | $1,000 |
| Ohio University | Scholarships | $1,000 |
| University of Toledo | Scholarships | $1,000 |
| Kent State University | Scholarships | $500 |
| Heidelberg University | Scholarships | $500 |
| Purdue University | Scholarships | $500 |
Officers and trustees
- Huntington National Bank
Questions people ask
Does Drake Ray & Ruth Schol Fund Oag #05-368 accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: April 15 yearly.
How much does Drake Ray & Ruth Schol Fund Oag #05-368 give?
$13,000 in tax year 2025, across 11 grants, with a typical grant of $1,000.
Who runs Drake Ray & Ruth Schol Fund Oag #05-368?
Its 2025 filing lists Huntington National Bank (Trustee).
What does Drake Ray & Ruth Schol Fund Oag #05-368 fund?
Based on its grants, mainly education.