The Drake Bettner Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
-4.3% YoY
Annual Giving
$89K
+27.1% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$13K
+8.9% YoY
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.
About The Drake Bettner Foundation
Based on IRS filings
The Drake Bettner Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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 | $2,792,988 | $2,918,840 | $3,129,463 |
| Revenue | $81,899 | $532,557 | $121,834 |
| Expenses | $358,946 | $189,678 | $431,058 |
| Qualifying Distributions | $89,239 | $220,219 | $533,897 |
| Net Investment Income | — | $492,434 | — |
| Distributable Amount | $77,432 | $75,006 | $93,674 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The 19th ($25,000), Children's Miracle Network ($25,000), Take This Inc ($25,000).
| 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 |
| TEXAS YOUTH BALLET MCKINNEY, TX | TO PROVIDE SCHOLARSHIPS FOR STUDY TO LOW INCOME STUDENTS AND OPPORTUNITIES FOR YOUNG DANCE TALENT | $500 |
| 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 |
| EMMANUEL LABOR MCKINNEY, TX | TO MODEL THE LOVE OF JESUS CHRIST BY ADDRESSING THE NEEDS OF ANYONE AFFECTED BY HOMELESSNESS AND POVERTY | $2,750 |
| LIFTING HANDS INTERNATIONAL SALT LAKE CITY, UT | TO PROVIDE AID TO REFUGEES BOTH AT HOME AND ABROAD | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL D BETTNER | DIRECTOR | 1 | — |
| KATHERINE D BETTNER | DIRECTOR | 1 | — |
| ALAN D DRAKE | DIRECTOR | 40 | $84,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Drake Bettner Foundation?
The Drake Bettner Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCKINNEY, TX. It holds $2.8M in total assets as of 2024.
How large is The Drake Bettner Foundation?
As of 2024, The Drake Bettner Foundation holds $2.8M in total assets with $82K in annual revenue. It awarded 7 grants totaling $89K in 2024.
Where does The Drake Bettner Foundation operate?
The Drake Bettner Foundation has awarded grants in California, Colorado, District of Columbia, New York, Pennsylvania, Texas, Utah, Virginia, Washington.
What size grants does The Drake Bettner Foundation award?
In 2024, The Drake Bettner Foundation awarded 7 grants totaling $89K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Drake Bettner Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Drake Bettner Foundation reported a distributable amount of $77K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Drake Bettner 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.
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