EIN 91-2172351

Draper Richards Kaplan Foundation (DRK)

IRS 501(c) type
501(c)(3)
Num. employees
33
Year formed
2002
Most recent tax filings
2022-12-01
NTEE code, primary
Description
William H. Draper, III and Robin Richards Donohoe began investing together in the venture industry in 1994 concentrating on building companies in India. Since 1994, they have invested in over one hundred early stage information technology investments both in India and the United States. In 2010, the Foundation joined forces with Robert S. Kaplan, formerly vice-chairman of Goldman Sachs and currently professor of leadership at Harvard Business School. Together the team raised their second fund inviting fourteen innovative philanthropists to join the fund.
Total revenues
$11,080,088
2022
Total expenses
$15,089,762
2022
Total assets
$48,438,455
2022
Num. employees
33
2022

Program areas at DRK

In 2022, the Foundation funded 52 social enterprise organizations creating social change around the globe through program related investments and/or unrestricted grants.
The Foundation provides each portfolio organization with significant human and other support services including board service, strategic and operating support, financial, organizational, governance and leadership training and a host of other critical network and other support throughout the Foundation's three-year commitment to each organization. Between inception and december 31, 2022, drk has funded and supported 220 social impact organizations around the globe.

Grants made by DRK

GranteeGrant descriptionAmount
TarjimlyGeneral Operating Support$100,000
American Journalism ProjectGeneral Operating Support$100,000
Amani Global WorksGeneral Operating Support$100,000
...and 34 more grants made totalling $2,650,000

Who funds Draper Richards Kaplan Foundation (DRK)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,601,000
Enlight FoundationCharity$1,200,000
Schwab Charitable FundPublic, Societal Benefit$1,175,000
...and 24 more grants received totalling $9,269,333

Personnel at DRK

NameTitleCompensation
James BildnerChief Executive Officer$478,200
Stephanie KhuranaChief Operating Officer$405,435
Zeryn SarpangalChief Financial Officer$264,425
Anika Warren WoodChief Org Effective$296,200
Margo Tatgenhorst DrakosManaging Director$218,700
...and 10 more key personnel

Financials for DRK

RevenuesFYE 12/2022
Total grants, contributions, etc.$9,123,901
Investment income and dividends$1,111,820
Net rental income$181,433
Net gain from sale of non-inventory assets$663,018
Gross sales of inventory$0
Miscellaneous revenues$-84
Total revenues$11,080,088

Form 990s for DRK

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990PFView PDF
2021-122022-11-11990PFView PDF
2020-122021-11-12990PFView PDF
2019-122022-01-17990PFView PDF
2018-122020-01-15990PFView PDF
...and 8 more Form 990s
Data update history
December 24, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 23, 2023
Updated personnel
Identified 2 new personnel
December 23, 2023
Used new vendors
Identified 2 new vendors, including , and
October 25, 2023
Received grants
Identified 25 new grant, including a grant for $1,200,000 from Enlight Foundation
August 5, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsNational levelTax deductible donations
General information
Address
1600 El Camino Real 155
Menlo Park, CA 94025
Metro area
San Francisco-Oakland-Berkeley, CA
Website URL
drkfoundation.org/ 
Phone
(650) 319-7808
Twitter profile
@drkfoundation 
IRS details
EIN
91-2172351
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when DRK has new information, or want to find more organizations like Draper Richards Kaplan Foundation (DRK)?

Create free Cause IQ account