The Drake Foundation Inc
The Drake Foundation Inc is a private foundation, based in Miami, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7 in total assets.
The Drake Foundation Inc at a glance
- Total assets
- $7
- +0.0% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Drake Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $1.0M (2020) to $4.0M (2021). In 2022 it made 1 grant totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Atlas Economic Research Foundation DBA Atlas Network Arlington, VA | Funding for the Atlas Economic Research Foundation. | $1,000,000 |
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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 |
|---|---|---|---|---|---|---|---|
| 2024 | $7 | — | — | — | — | — | — |
| 2023 | $7 | — | — | — | — | — | — |
| 2022 | $7 | $1,000,000 | $1,000,000 | $1,000,000 | 1 | $1,000,000 | — |
| 2021 | $7 | $4,000,007 | $4,000,000 | $4,000,000 | 2 | $4,000,000 | $7 |
| 2020 | — | $1,000,000 | $1,000,000 | $1,000,000 | 1 | — | — |
Leadership & Key People
Officers and directors from IRS filings
The Drake Foundation Inc is led by Michelle Wolfe, President on filings since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Michelle Wolfe
President
On filings since 2020
1 hr/week
No compensation reported
Edmundo Gonzalez
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Mairi Redmond
Secretary
On filings since 2021
1 hr/week
No compensation reported
Former officers (2)
- Former: Sara Schroter (2021–2023) — President
- Former: Deanna Didyk (2020) — Secretary
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.
Frequently asked questions about The Drake Foundation Inc
How large is The Drake Foundation Inc?
The Drake Foundation Inc reported $7 in total assets on its 2024 IRS Form 990-PF.
Where does The Drake Foundation Inc operate?
The Drake Foundation Inc has awarded grants in California, Virginia.
What is The Drake Foundation Inc's EIN?
The Drake Foundation Inc's EIN (Employer Identification Number) is 83-2887044. 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
Explore Open Grants
Browse active grant opportunities in The Drake Foundation Inc's focus areas in our free grants database
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Figures come from The Drake Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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