The Drake Bettner Foundation
The Drake Bettner Foundation is a private foundation, based in McKinney, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 7 grants totaling $89K.
The Drake Bettner Foundation at a glance
In short: The Drake Bettner Foundation gave $89K across 7 grants in 2024 (avg $13K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $89,239
- +27.1% vs 2023
- Grants made (2024)
- 7
- +16.7% vs 2023
- Average grant
- $12,748
- +8.9% vs 2023
- Median grant
- $10,000
- Total assets
- $2,792,988
- -4.3% vs 2023
- Primary geography
- Texas (61% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Drake Bettner Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was The 19TH ($25K). Together the top 7 received $89K.
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 43 grants of 46 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How The Drake Bettner Foundation gives
- Giving fell 61% from 2021 to 2024. Method
- In 2024 it paid out 115% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $70K (2023) to $296K (2022). In 2024 it made 7 grants totaling $89K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The 19TH Austin, TX | To be a source of news and information for those who have been underserved and underrepresented in American media. | $25,000 |
| Children's Miracle Network Austin, TX | To provide local member hospitals with funds for critical life-saving treatments, healthcare services and equipment for children | $25,000 |
| Take This Inc Kirkland, WA | To provide comprehensive resouces and support that is tailored for the unique needs of the game development community | $25,000 |
| Lifting Hands International Salt Lake City, UT | To provide aid to refugees both at home and abroad | $10,000 |
| Emmanuel Labor McKinney, TX | To model the love of jesus christ by addressing the needs of anyone affected by homelessness and poverty | $2,750 |
| Community Food Pantry of McKinney McKinney, TX | To provide food and other basic nesscessities to families who find themselves in crisis or are dealing with food insecurity | $989 |
| Texas Youth Ballet McKinney, TX | To provide scholarships for study to low income students and opportunities for young dance talent | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,792,988 | $81,899 | $358,946 | $89,239 | 7 | $89,239 | — | $77,432 |
| 2023 | $2,918,840 | $532,557 | $189,678 | $70,219 | 6 | $220,219 | $492,434 | $75,006 |
| 2022 | $3,129,463 | $121,834 | $431,058 | $296,030 | 12 | $533,897 | — | $93,674 |
| 2021 | $4,016,746 | $355,903 | $362,480 | $228,118 | 10 | $474,548 | $310,583 | $134,539 |
| 2020 | $3,813,675 | $143,988 | $368,535 | $242,500 | 11 | — | $90,581 | $110,441 |
Under IRS private-foundation payout rules, The Drake Bettner Foundation reported a distributable amount of $77K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Drake Bettner Foundation's 2024 filing lists 3 officers; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Alan D. Drake
Director
On filings since 2020
40 hrs/week
$72K (2020) → $84K (2024)
Katherine D. Bettner
Director
On filings since 2020
1 hr/week
No compensation reported
Paul D. Bettner
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $84K, to Alan D Drake (Director).
Frequently asked questions about The Drake Bettner Foundation
How much does The Drake Bettner Foundation give each year?
The Drake Bettner Foundation gave $89K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $70K across 6 grants.
What is The Drake Bettner Foundation's typical grant size?
The Drake Bettner Foundation's median grant in 2024 was $10,000, and its average grant was $12,748, across 7 grants on its 2024 IRS Form 990-PF.
Where does The Drake Bettner Foundation give grants?
The Drake Bettner Foundation gives mostly in Texas: 61% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Washington (28%) and Utah (11%). The most frequent recipient cities were McKinney, TX (3 grants) and Austin, TX (2 grants).
Does The Drake Bettner Foundation give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on The Drake Bettner Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are The Drake Bettner Foundation's largest grantees?
The Drake Bettner Foundation's largest 2024 grantees include The 19TH ($25,000), Children's Miracle Network ($25,000) and Take This Inc ($25,000), according to its 2024 IRS Form 990-PF. Together they received 84% of its itemized 2024 grant dollars.
How large is The Drake Bettner Foundation?
The Drake Bettner Foundation reported $2.8M in total assets on its 2024 IRS Form 990-PF. It paid out $89K in qualifying distributions that year, against a required minimum of $77K (roughly 5% of its investment assets).
What is The Drake Bettner Foundation's EIN?
The Drake Bettner Foundation's EIN (Employer Identification Number) is 27-4299350. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in The Drake Bettner Foundation's focus areas in our free grants database
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