Drake Family Foundation
Drake Family Foundation is a private foundation, based in Williamsburg, VA. IRS filing data is available for 2021. In 2021, it awarded 2 grants totaling $608K. Net investment income was $51K.
Key facts about Drake Family Foundation
In short: Drake Family Foundation gave $608K across 2 grants in 2021 (avg $304K), mostly in Virginia. Source: 2021 IRS Form 990-PF.
- EIN
- 20-3501275
- Latest 990 filing
- Form 990-PF, 2021
- Annual giving (2021)
- $607,984
- Grants made (2021)
- 2
- Average grant
- $303,992
- Median grant
- $303,992
- Primary geography
- Virginia (100% of itemized 2021 grant dollars)
Data from IRS Form 990-PF, 2021; updated September 2026.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$608K
Grant Count
2
Avg Grant Size
$304K
Under IRS private-foundation payout rules, Drake Family Foundation reported a distributable amount of $16K for 2021 — the minimum it must pay out in qualifying distributions.
Ready to take the next step with Drake Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 2 grants totaling $608K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2021
The largest 2021 recipient was Williamsburg Community Foundation ($583K). Together the top 2 received $608K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Williamsburg Community Foundation Williamsburg, VA | Contribute to the mission of enhancing the quality of life in the greater williamsburg area | $582,984 |
| Colonial Williamsburg Foundation Williamsburg, VA | Contribute to the mission of helping the "future learn from the past" | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 |
|---|---|
| Revenue | $191,365 |
| Expenses | $607,984 |
| Net Investment Income | $51,365 |
| Distributable Amount | $16,319 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2021
Leadership & Key People
Officers and directors from IRS filings
Drake Family Foundation's 2021 filing lists 2 officers; none of the 2 officers listed in 2021 report compensation.
Officers on the 2021 filing
James E. Drake
Trustee
New on the 2021 filing
2 hrs/week
No compensation reported
Nikki A. Drake
Trustee
New on the 2021 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021. "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 Drake Family Foundation
How much does Drake Family Foundation give each year?
Drake Family Foundation gave $608K across 2 grants in 2021, according to its 2021 IRS Form 990-PF.
Where does Drake Family Foundation operate?
Drake Family Foundation has awarded grants in Virginia.
How much is Drake Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Drake Family Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Drake Family Foundation's EIN?
Drake Family Foundation's EIN (Employer Identification Number) is 20-3501275. IRS Form 990 filing data is available on this page for 2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Drake Family Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Drake Family Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
The Carl M Lindberg Family Foundation Inc
Radnor, PA
The Carl M Lindberg Family Foundation supports charitable organizations in areas represented by its grantees, including arts and culture, education, animal care, food assistance, historic preservation, and land conservation. In 2025, it awarded 28 grants of $500–$12,000 (median $2,000), primarily to organizations in New York, Maine, and Pennsylvania. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$770K
Grants
28
Total Given
$81K
The Dr E Lawrence Deckinger Family
New York, NY
Assets
$1.4M
Grants
102
Total Given
$89K
Steve and Patty Harrison Foundation
McAlester, OK
Assets
$85K
Grants
10
Total Given
$12K
The Buddy Taub Foundation
Los Angeles, CA
The Buddy Taub Foundation supports arts and cultural organizations, including museums, arts education, and community nonprofits, with grants also funding exhibitions, acquisitions, general support, and arts-community relief. In 2025, grants ranged from $2,500 to $50,000, with a median of $8,500; recipients were across the U.S., with the largest share of funding going to California. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$8.1M
Grants
23
Total Given
$367K
Perlin Family Foundation
McLean, VA
Assets
$6.1M
Grants
9
Total Given
$403K
The Kian Don and Dupre Foundation
Wilmington, DE
The foundation funds a varied mix of charitable work, including community health, animal welfare, environmental recreation, and support for service members and their families, primarily in Virginia, with some giving in Colorado. In 2024, grants ranged from $1,500 to $200,000, with a median of $20,000. It accepts no unsolicited requests and gives only to preselected organizations.
Assets
$5.3M
Grants
15
Total Given
$520K
The Julian a and Lois G
Philadelphia, PA
The foundation supports charitable organizations, including those working in arts and music, housing and homelessness, and services for children and families. In 2025, it made 105 grants ranging from $500 to $499,270, with a median grant of $15,000; most funding went to Pennsylvania organizations, with grants also made elsewhere. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$16.7M
Grants
105
Total Given
$2.4M
Morris & Arlene Goldfarb Family
New York, NY
Assets
$3.1M
Grants
46
Total Given
$104K
Aj Bitker Charitable Foundation
Paradise Valley, AZ
Assets
$212K
Grants
24
Total Given
$41K
National Grange Mutual Charitable Foundation Inc
Keene, NH
The foundation supported youth development, agricultural education, community improvement, and cultural and charitable activities, with 2023 grants going to organizations in several states, especially Wisconsin, South Carolina, and Florida. Its 23 grants ranged from $500 to $210,608, with a median of $5,000. It did not accept unsolicited requests; its 2023 filing is marked as a final return, so it appears to have ended or be winding down grantmaking.
Assets
—
Grants
23
Total Given
$392K
Summerfield Baldwin Jr a Foundation
Pittsburgh, PA
The foundation supports history and culture, environmental conservation, therapeutic riding, education, and community assistance, with 2025 grants ranging from $1,483 to $70,000 and a median of $14,190. Its grants went to organizations in Maryland, Virginia, California, and New Jersey, primarily in Maryland. The filing says giving is not restricted to preselected organizations, but does not state whether unsolicited requests are accepted.
Assets
$5.1M
Grants
10
Total Given
$272K
IJ and Mary LaRosa Memorial Foundation Inc
Lincoln Park, NJ
Assets
$2.0M
Grants
54
Total Given
$38K
More Funders in Virginia
Drake Family Foundation down — hundreds of funders to go?