The Drake Family Foundation
The Drake Family Foundation is a private foundation, based in Carson City, NV. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $293K in total assets. In 2025, it awarded 6 grants totaling $25K.
The Drake Family Foundation at a glance
In short: The Drake Family Foundation gave $25K across 6 grants in 2025 (avg $4K), top state Montana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $24,500
- +44.1% vs 2024
- Grants made (2025)
- 6
- +50.0% vs 2024
- Average grant
- $4,083
- -3.9% vs 2024
- Median grant
- $3,750
- Total assets
- $293,303
- -14.1% vs 2024
- Primary geography
- Montana (41% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Drake Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was National Forest Foundation ($10K). Together the top 6 received $25K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How The Drake Family Foundation gives
- Giving grew 23% from 2022 to 2025. Method
- In 2025 it paid out 142% 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 2025, annual grant giving ranged from $5K (2021) to $25K (2025). In 2025 it made 6 grants totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Forest Foundation Missoula, MT | General Support | $10,000 |
| Special Operations Los Altos, CA | General Support | $5,000 |
| Testicular Cancer Awareness Foundation Grand Junction, CO | General Support | $5,000 |
| NV STEM for Skilled Trades Sparks, NV | General Support | $2,500 |
| Carson Valley Food Closet Gardnerville, NV | General Support | $1,000 |
| Feeding Pets of the Homeless Carson City, NV | General Support | $1,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $293,303 | $-17,181 | $30,975 | $24,500 | 6 | $26,232 | — | $18,477 |
| 2024 | $341,459 | $96,719 | $21,531 | $17,000 | 4 | $18,575 | $94,268 | $8,674 |
| 2023 | $292,585 | $1,217 | $20,456 | $12,500 | 3 | $14,284 | — | $9,386 |
| 2022 | $304,907 | $1,036 | $24,789 | $20,000 | 4 | $20,000 | — | $9,853 |
| 2021 | $309,555 | $76,428 | $13,509 | $5,000 | 1 | $6,125 | $69,907 | $6,059 |
| 2020 | $251,354 | $68,953 | $31,710 | $20,000 | 3 | — | $59,458 | $9,551 |
| 2019 | $234,840 | $57,858 | $11,157 | — | — | — | $47,075 | $8,585 |
Under IRS private-foundation payout rules, The Drake Family Foundation reported a distributable amount of $18K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Drake Family Foundation is led by Debra A. Drake, President & Director on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Debra A. Drake
President & Director
On filings since 2019
No compensation reported
Armin B. Drake
Secretary & Director
On filings since 2019
No compensation reported
Peter F. Drake
Director
On filings since 2019
No compensation reported
Porter E. Drake
Director
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Drake Family Foundation
How much does The Drake Family Foundation give each year?
The Drake Family Foundation gave $25K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $17K across 4 grants.
What is The Drake Family Foundation's typical grant size?
The Drake Family Foundation's median grant in 2025 was $3,750, and its average grant was $4,083, across 6 grants on its 2025 IRS Form 990-PF.
Where does The Drake Family Foundation give grants?
The Drake Family Foundation's top state is Montana, with 41% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were California (20%) and Colorado (20%).
Does The Drake Family Foundation give general operating support?
Yes: 100% of The Drake Family Foundation's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Drake Family Foundation's largest grantees?
The Drake Family Foundation's largest 2025 grantees include National Forest Foundation ($10,000), Special Operations ($5,000) and Testicular Cancer Awareness Foundation ($5,000), according to its 2025 IRS Form 990-PF. Together they received 82% of its itemized 2025 grant dollars.
How large is The Drake Family Foundation?
The Drake Family Foundation reported $293K in total assets on its 2025 IRS Form 990-PF. It paid out $26K in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets).
What is The Drake Family Foundation's EIN?
The Drake Family Foundation's EIN (Employer Identification Number) is 75-3032776. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Drake Family Foundation funds
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