The Drahcir Foundation
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.
Ready to take the next step with The Drahcir Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2023
Grant Size Distribution
13 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| THE ANN AND BUCK WOODRUFF FOUNDATION INC ATLANTA, GA | CHARITABLE | $529,896 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD WOODRUFF | CHAIRMAN | 1 | — |
| GEORGE H FREISHEM III ESQ | TRUSTEE | — | — |
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.
Explore Open Grants
Browse active grant opportunities in The Drahcir Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.