DRN Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUFKIN, TX. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2K in total assets. In 2023, it made $200 in qualifying distributions.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$2K
+216.9% YoY
Revenue
$2K
+163.2% YoY
Qualifying Distributions
$200
Expenses
$247
+0.4% YoY
About DRN Foundation Inc
Based on IRS filings
DRN Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUFKIN, TX. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2K in total assets. In 2023, it made $200 in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $2,123 | $670 | $346 |
| Revenue | $1,500 | $570 | $984 |
| Expenses | $247 | $246 | $1,359 |
| Qualifying Distributions | $200 | — | $1,200 |
| Net Investment Income | — | — | — |
| Distributable Amount | $105 | $12 | $34 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAVINDRANATH DRAKSHARAM | Director President | 0.5 | — |
| K KISHORE DRAKSHARAM | Director | 0.5 | — |
| DUANE P HILL | Managing Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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