Helen E Dragas Foundation
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
4 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 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Helen E Dragas | President | 2 | — |
| Lewis W Webb IV | Director | 1 | — |
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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