The Drahcir Foundation

ATLANTA, GA EIN: 58-1587533

The Drahcir Foundation is a private foundation, based in ATLANTA, GA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $530K. Net investment income was $199K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$530K

+3365.0% YoY

Grant Count

1

-80.0% YoY

Avg Grant Size

$530K

+17224.8% YoY

Under IRS private-foundation payout rules, The Drahcir Foundation reported a distributable amount of $19K for 2023 — the minimum it must pay out in qualifying distributions.

About The Drahcir Foundation

Based on IRS filings

The Drahcir Foundation is a private foundation, based in ATLANTA, GA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $530K. Net investment income was $199K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AshevilleAthensAtlantaGurneeHighlandsMariettaTempeTucson

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$16M$23M$31M2020202120222023
Metric202320222021
Total Assets$26,172,730$93,323
Revenue$222,965$28,441,891$9,647
Expenses$557,908$62,362$15,132
Qualifying Distributions$533,696$15,293$12,594
Net Investment Income$198,753$310,617$6,359
Distributable Amount$18,573$511,323$15,393

Giving Over Time

Total grant dollars and number of grants per year

$0$132K$265K$397K$530K5 grants20202 grants20215 grants20221 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2023

THE ANN AND BUCK WOODRUF…$530K

Grant Size Distribution

13 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include The Ann and Buck Woodruff Foundation Inc ($529,896).

RecipientPurposeAmount
THE ANN AND BUCK WOODRUFF FOUNDATION INC ATLANTA, GACHARITABLE$529,896

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
RICHARD WOODRUFFCHAIRMAN1
GEORGE H FREISHEM III ESQTRUSTEE

Frequently Asked Questions

Where does The Drahcir Foundation operate?

The Drahcir Foundation has awarded grants in Arizona, Georgia, Illinois, North Carolina.

What size grants does The Drahcir Foundation award?

In 2023, The Drahcir Foundation awarded 1 grants totaling $530K — an average of about $530K per grant, based on its IRS Form 990 filings.

How much is The Drahcir Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Drahcir Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Drahcir Foundation's EIN?

The Drahcir Foundation's EIN (Employer Identification Number) is 58-1587533. IRS Form 990 filing data is available on this page for 2020–2023.

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Related Funders

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

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