NonprofitsDraper Richards Kaplan Foundation

Private Operating Foundations

Draper Richards Kaplan Foundation

MENLO PARK, CA

Total revenue

$15.3M

Total expenses

$18.3M

Net assets

$38.4M

Grants received

$52.5M

116 grants

EIN

912172351

Tax year

2024

Mission

To find, fund and support exceptional, high impact social enterprises.

Programs

1 program

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 throughout the foundation's three-year commitment to each organization as well as a community network. Between inception and december 31, 2024, drk has funded and supported 257 social impact organizations around the globe.

Expenses: $11.0M

Financials

FY 2024

Revenue

Contributions & grants$13.2M
Program service revenue
Investment income$1.8M
Other revenue$233K
Total revenue$15.3M

Expenses

Grants paid$3.9M
Salaries & benefits$8.4M
Fundraising$1.2M
Other expenses$6.1M
Total expenses$18.3M
Total assets$40.5M
Net assets$38.4M

People

13 listed

NameRoleCompensation

JAMES M BILDNER

CEO & BOARD MEMBER

Board

$555K

50 hrs/wk

ZERYN SARPANGAL

CFO, CAO

Board

$325K

50 hrs/wk

NANCY HUANG

CHIEF OF STAFF, TREASURER

Board

$316K

50 hrs/wk

SUE M GORDON

BOARD MEMBER

Board

2 hrs/wk

RUTH J SIMMONS

BOARD MEMBER

Board

2 hrs/wk

ROBERT S KAPLAN

CO-CHAIR

Board

4 hrs/wk

ROBIN RICHARDS DONOHOE

CO-CHAIR

Board

4 hrs/wk

WILLIAM H DRAPER III

CO-CHAIR

Board

4 hrs/wk

ANIKA WARREN

OPERATING PTR, CHIEF ORG EFF OFFICER

Staff

$326K

50 hrs/wk

LARA METCALF

CHIEF PORTFOLIO OFFICER

Staff

$314K

50 hrs/wk

RICHMOND KRISTIN G

MANAGING DIRECTOR

Staff

$281K

50 hrs/wk

HOLLY KUZMICH

MANAGING DIRECTOR

Staff

$269K

50 hrs/wk

MARGO DRAKOS

MANAGING DIRECTOR

Staff

$254K

50 hrs/wk

Independent contractors

MYAZIMIA SERVICES LTD

MANAGING DIR, ASSOC, ANALYST, ADMIN SERV

$471K

AIM FOR SOCIAL CHANGE

MANAGING DIRECTOR SERVICES

$218K

REMOTE TECHNOLOGY SERVICE INC

PARTNERSHIPS DIRECTOR SERVICES

$134K

Grants received

Showing 116 of 116

FromAmountPurposeYear
$500K
Draper Richards Kaplan Foundation Fund IV
2024
$500K
General & Unrestricted
2024
$300K
TRUSTEE RECOGNITION GRANT
2024
$250K
SOCIAL SERVICES
2024
$200K
PROJECT SUPPORT TO AID THE ESTABLISHMENT AND GROWTH OF SOCIAL ENTERPRISES SEEKING TO IMPROVE THE LIVES OF POPULATIONS IN CITIES ACROSS THE US
2024
$200K
Fund IV ? General Support
2024
$200K
PHILANTHROPIC PARTNERSHIPS GRANT
2024
$200K
CORE SUPPORT FOR FUND 4 TO SUPPORT EARLY-STAGE, HIGH-IMPACT SOCIAL ENTERPRISES GLOBALLY
2024
$200K
PRIVATE OPERATING FOUNDATIONS
2024
$100K
GENERAL CHARITY
2024
$1.6M
For grant recipient's exempt purposes
2023
$1.2M
CHARITY
2023
$1M
COMMUNITY OUTREACH
2023
$967K
PROVIDE GENERAL OPERATING SUPPORT
2023
$775K
PUBLIC, SOCIETAL BENEFIT
2023
$500K
General & Unrestricted
2023
$500K
Draper Richards Kaplan Foundation Fund IV
2023
$350K
HUMAN SERVICES
2023
$250K
FOR GENERAL SUPPORT.
2023
$250K
SOCIAL SERVICES
2023
$250K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$250K
SUPPORTING SOCIAL ENTREPRENEURS ON CRITICAL ISSUES
2023
$250K
GENERAL OPERATING SUPPORT
2023
$200K
LONE STAR FUND
2023
$200K
FOR GENERAL OPERATING SUPPORT
2023
$200K
Fund IV - General Support
2023
$200K
PHILANTHROPY
2023
$200K
PRIVATE OPERATING FOUNDATIONS
2023
$200K
CORE SUPPORT FOR FUND 4 TO SUPPORT EARLY STAGE, HIGH IMPACT SOCIAL ENTERPRISES GLOBALLY
2023
$200K
TO SUPPORT THE ESTABLISHMENT AND GROWTH OF SOCIAL ENTERPRISES SEEKING TO IMPROVE THE LIVES OF THE MOST VULNERABLE POPULATIONS IN CITIES ACROSS THE US.
2023
$200K
GENERAL OPERATIONS (EXPENDITURE RESPONSIBILITY PERFORMED)
2023
$101K
TO PROVIDE GENERAL SUPPORT.
2023
$100K
GENERAL CHARITY
2023
$80K
EDUCATING THE YOUNG AND/OR UNDERSERVED
2023
$20K
GENERAL SUPPORT
2023
$5K
TO HELP FUND GENERAL CHARITABLE OPERATIONS
2023
$1.9M
For grant recipient's exempt purposes
2022
$1.2M
CHARITY
2022
$1.2M
PUBLIC, SOCIETAL BENEFIT
2022
$1M
COMMUNITY OUTREACH
2022
$500K
General & Unrestricted
2022
$435K
TO INVEST IN DRAPER RICHARDS KAPLAN FOUNDATIONS FOURTH VENTURE PHILANTHROPY FUND TO ENABLE TARGETED CONSULTING AND DIRECT INVESTMENT IN AT LEAST THREE KNIGHT-SUPPORTED ORGANIZATIONS.
2022
$300K
GENERAL OPERATING SUPPORT
2022
$250K
GENERAL OPERATING
2022
$250K
SOCIAL SERVICES
2022
$250K
LEARN - GENERAL PURPOSES
2022
$200K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$200K
Fund IV General Support
2022
$200K
GENERAL OPERATIONS (EXPENDITURE RESPONSIBILITY PERFORMED)
2022
$200K
UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE
2022
$200K
PRIVATE OPERATING FOUNDATIONS
2022
$200K
PHILANTHROPY
2022
$125K
To find, fund, and support early-stage health enterprises and opportunities ultimately improving health in El Paso, TX.
2022
$125K
CHARITABLE
2022
$125K
To find, fund, and support early-stage health enterprises and opportunities ultimately improving health in El Paso, TX.
2022
$100K
GENERAL CHARITY
2022
$100K
TO PROVIDE GENERAL SUPPORT
2022
$100K
PUBLIC, SOCIETAL BENEFIT
2022
$100K
PARTNERSHIP GRANT
2022
$85K
EDUCATING THE YOUNG AND/OR UNDERSERVED
2022
$50K
PHILANTHROPY/VOLUNTARISM/GRANTMAKING
2022
$40K
GENERAL OPERATING SUPPORT
2022
$1.6M
For grant recipient's exempt purposes
2021
$1.6M
For grant recipient's exempt purposes
2021
$1.2M
CHARITY
2021
$1.2M
PUBLIC, SOCIETAL BENEFIT
2021
$300K
GENERAL OPERATING SUPPORT
2021
$250K
GENERAL OPERATING
2021
$250K
TOWARD TWO-YEAR SUPPORT TO HELP LAUNCH THE RICHARD KING MELLON FOUNDATIONS SOCIAL IMPACT INVESTMENT PITCH EVENT
2021
$100K
PUBLIC, SOCIETAL BENEFIT
2021
$100K
GENERAL CHARITY
2021
$50K
to support a research project and publication examining more than 175 DRK Foundation investments in early-stage social enterprises over nearly 20 years to identify critical factors that drive scale impact and systemic social change
2021
$50K
to support a research project and publication examining more than 175 DRK Foundation investments in early-stage social enterprises over nearly 20 years to identify critical factors that drive scale, impact and systemic social change.
2021
$10M
HUMAN SERVICES
2020
$2.3M
PUBLIC, SOCIETAL BENEFIT
2020
$1.1M
For grant recipient's exempt purposes
2020
$600K
PROGRAM FUNDING SUPPORT
2020
$325K
General Nonprofit Support
2020
$250K
GENERAL OPERATING
2020
$250K
GENERAL OPERATIONS (EXPENDITURE RESPONSIBILIY PERFORMED)
2020
$200K
general charitable purposes
2020
$200K
THIS GRANT CAPITALIZES A FUND TO SUPPORT EARLY-STAGE SOCIAL ENTERPRISES IN DETROIT AND OTHER CITIES IN THE U.S., WITH A PARTICULAR FOCUS ON WEAKER MARKETS INCLUDING MEMPHIS AND NEW ORLEANS.
2020
$200K
GENERAL SUPPORT
2020
$200K
SOCIAL SERVICES
2020
$200K
CHARITY
2020
$200K
Core Support for Fund 4 to support early stage, high impact social enterprises globally
2020
$200K
as a donor partner in Fund IV
2020
$130K
TO INVEST IN DRAPER RICHARDS KAPLAN FOUNDATIONS FOURTH VENTURE PHILANTHROPY FUND TO ENABLE TARGETED CONSULTING AND DIRECT INVESTMENT IN AT LEAST THREE KNIGHT-SUPPORTED ORGANIZATIONS.
2020
$100K
GENERAL CONTRIBUTION
2020
$50K
SUPPORT SOCIALLY RESPONSIBILE START UP ENTERPISES
2020
$50K
SOCIAL SERVICES
2020
$10K
TO HELP FUND GENERAL CHARITABLE OPERATIONS
2020
$1.1M
PUBLIC, SOCIETAL BENEFIT
2019
$850K
PROVIDE SUPPORT AS A DONOR PARTNER
2019
$600K
For grant recipient's exempt purposes
2019
$350K
PUBLIC/SOCIETY BENEFIT
2019
$10K
TO HELP FUND GENERAL CHARITABLE OPERATIONS
2019
$1M
FOR GENERAL SUPPORT.
2018
$400K
For grant recipient's exempt purposes
2018
$200K
GENERAL OPERATIONAL SUPPORT
2018
$100K
GENERAL CONTRIBUTION
2018
$50K
PUBLIC, SOCIETAL BENEFIT
2018
$502K
INTERNATIONAL/FOREIGN AFFAIRS
2017
$250K
PROVIDE OPERATING SUPPORT
2017
$200K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$52.5M from 45 funders · 116 grants · 2017–2024

National Philanthropic Trust

$10.6M · 4 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$9.0M · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$7.0M · 7 grants · 2017–2023

Enlight Foundation

$3.8M · 4 grants · 2020–2023

Marin Community Foundation

$3.3M · 6 grants · 2017–2023

The Draper Foundation

$2M · 2 grants · 2022–2023

JTMF Foundation

$1.5M · 3 grants · 2022–2024

The San Francisco Foundation

$1.3M · 2 grants · 2018–2023

Details

EIN912172351
NTEE codeT23
Subsection03
Ruling date2024-08
Formed2001
Employees43
Volunteers7
DRAPER RICHARDS KAPLAN FOUNDATION — Mission, Financials & Grants Received | Grantivo