AO Dragge Foundation

Private foundation · Grantmaker San Francisco, CA EIN: 47-4510042

AO Dragge Foundation is a private foundation, based in San Francisco, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it made $3K in qualifying distributions. Net investment income was $24K.

AO Dragge Foundation at a glance

Total assets
$1,328,987
+11.5% vs 2023
Revenue (2024)
$37,184
+56.1% vs 2023
Qualifying distributions (2024)
$3,080
-88.4% vs 2023
Expenses (2024)
$18,563
-49.7% vs 2023
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who AO Dragge Foundation funds

How this funder distributes its grants

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 16 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

San FranciscoNovatoMartinezNew York

How AO Dragge Foundation gives

  • In 2024 it paid out 5% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants2020 5 grants2021 6 grants2022 5 grants2023 0 grants2024

From 2021 to 2023, annual grant giving ranged from $23K (2023) to $82K (2022). In 2023 it made 5 grants totaling $23K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Tenderloin Development San Francisco, CAGeneral Support$5,000
The Guardsmen San Francisco, CAGeneral Support$5,000
North Marin CS Novato, CAGeneral Support$5,000
Martinez Community Foundation Martinez, CAGeneral Support$5,000
The Mechanics Institute San Francisco, CAGeneral Support$2,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,328,987$37,184$18,563——$3,080$24,282$58,650
2023$1,191,474$23,827$36,922$22,5005$26,629$16,100$50,480
2022$1,050,876$40,247$93,990$82,0006$83,269$29,526$50,802
2021$1,313,925$46,706$78,996$60,0005$67,420$34,365$56,776
2020$1,169,852$-44,359$23,985———$3,957$47,543

Under IRS private-foundation payout rules, AO Dragge Foundation reported a distributable amount of $59K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

AO Dragge Foundation is led by Julian Quasha, Chairman on every filing since 2023; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Julian Quasha

    Chairman

    On filings since 2023

    1 hr/week

    No compensation reported

  • Alex Holden

    Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

  • Stuart McCullough

    Secretary

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Charles Holden (2020–2022) — Secretary
  • Former: George Nicol (2020–2022) — Chairman
  • Former: Jim Houghton (2020–2022) — Treasurer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about AO Dragge Foundation

How large is AO Dragge Foundation?

AO Dragge Foundation reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $59K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does AO Dragge Foundation operate?

AO Dragge Foundation has awarded grants in California, New York.

What is AO Dragge Foundation's EIN?

AO Dragge Foundation's EIN (Employer Identification Number) is 47-4510042. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from AO Dragge Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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