The Drake Foundation
Preselected recipients only
The Drake Foundation is a private foundation in Germantown, Tennessee. In tax year 2024 it gave $178,098 in 2 grants; the typical grant was $89,049 and the largest $175,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$178,098
- Number of grants2
- Typical grant$89,049
- Largest grant$175,000
- Assets$0
- New grantees50%
Giving in 2024 was up from $175,000 the year before.
50% of its 2024 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 | $175,000 | 2 | $102,122 |
| 2024 | $178,098 | 2 | $0 |
How to apply
The Drake Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
Its grants went to recipients in 2 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 1 | $175,000 |
| Colorado | 1 | $3,098 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Pastoral Leadership Institute | Further exempt purpose | $175,000 |
| Grace Community | Further exempt purpose | $3,098 |
Officers and trustees
- Darin Drake
Questions people ask
Does The Drake Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Drake Foundation give?
$178,098 in tax year 2024, across 2 grants, with a typical grant of $89,049.
Who runs The Drake Foundation?
Its 2024 filing lists Darin Drake (Secretary/BOD).