Helen E Dragas Foundation

VIRGINIA BEACH, VA EIN: 82-5034383

Helen E Dragas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.2M in total assets. In 2024, it awarded 2 grants totaling $8.0M. Net investment income was $178K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.2M

+676.2% YoY

Annual Giving

$8.0M

+79649.1% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$4.0M

+39774.5% YoY

About Helen E Dragas Foundation

Based on IRS filings

Helen E Dragas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.2M in total assets. In 2024, it awarded 2 grants totaling $8.0M. Net investment income was $178K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AttachedMiddletonRichmond

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
Total Assets$9,199,860$1,185,221$974,370
Revenue$11,125,788$1,222,720$1,174,820
Expenses$7,976,320$11,278$202,159
Qualifying Distributions$7,974,907$10,000$197,300
Net Investment Income$177,624$27,446$5,247
Distributable Amount$272,405$52,643$23,230

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M0 grants20200 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

SEE$7.8MSEE$145K

Grant Size Distribution

4 grants across all recorded years

1<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Helen E DragasPresident2
Lewis W Webb IVDirector1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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