The Drake Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARSON CITY, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $341K in total assets. In 2024, it awarded 4 grants totaling $17K. Net investment income was $94K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$341K
+16.7% YoY
Annual Giving
$17K
+36.0% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$4K
+2.0% YoY
About The Drake Family Foundation
Based on IRS filings
The Drake Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARSON CITY, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $341K in total assets. In 2024, it awarded 4 grants totaling $17K. Net investment income was $94K.
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 | $341,459 | $292,585 | $304,907 |
| Revenue | $96,719 | $1,217 | $1,036 |
| Expenses | $21,531 | $20,456 | $24,789 |
| Qualifying Distributions | $18,575 | $14,284 | $20,000 |
| Net Investment Income | $94,268 | — | — |
| Distributable Amount | $8,674 | $9,386 | $9,853 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER F DRAKE | DIRECTOR | — | — |
| ARMIN B DRAKE | SECRETARY/DIRECTOR | — | — |
| DEBRA A DRAKE | PRESIDENT/DIRECTOR | — | — |
| PORTER E DRAKE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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