Overview

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Closed

This organization closed in 2024. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Fiscal Year Start

Jan 1

Organization Type

Grantmaker

AI Summary

The Drake Foundation is a 501(c)3 grantmaking organization that focuses on relationship-based funding, operating by invitation only and not accepting unsolicited proposals. In 2024, the foundation distributed a total of $178.1K across four grantees. Nonprofits interested in potential funding opportunities can explore warm-introduction pathways through Impala's Funder Prospecting.

Total Funding Given
$178.1K
2024
Grantees funded
4
Multi-year grantees
75%
Funding by Year
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Total No. of Grants
2
Median 1st year grant
$15K
Median 2nd year grant
$25K
D
Darin Drake
Employee
P
Pansy L Drake Deceased
Employee

Frequently Asked Questions

Can I submit an unsolicited grant proposal to The Drake Foundation?
No. The Drake Foundation does not accept unsolicited proposals. Funding is by invitation only.
Where does The Drake Foundation give?
The Drake Foundation primarily gives to organizations located in Illinois, New York, and Tennessee. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are The Drake Foundation’s grants?
The largest share of grants from The Drake Foundation fall in the $100 thousand to $250 thousand range. The median first-year grant is about $15 thousand. More detailed grant size data is available to registered users.
How many grants does The Drake Foundation make each year?
In 2024, The Drake Foundation awarded about 2 grants, totaling nearly $178 thousand. More detailed grant metrics are available to registered users.
Who did The Drake Foundation fund recently?
In 2024, The Drake Foundation awarded grants to about 4 grantees. Recent grantees include PASTORAL LEADERSHIP INSTITUTE, BREAKTHROUGH T1D, and Kindred Place Inc. More detailed information on all recent recipients is available to registered users.
How do we apply to The Drake Foundation?
The Drake Foundation does not accept unsolicited proposals. Funding is by invitation only.