The Drake Instrument Foundation
The Drake Instrument Foundation is a private foundation, based in Seattle, WA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.0M in total assets. In 2025, it awarded 2 grants totaling $4K.
The Drake Instrument Foundation at a glance
In short: The Drake Instrument Foundation gave $4K across 2 grants in 2025 (avg $2K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $4,000
- +42.9% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $2,000
- +42.9% vs 2024
- Median grant
- $2,000
- Total assets
- $3,995,153
- -0.4% vs 2024
- Primary geography
- New York (50% 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 Instrument Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was American Civil Liberties Union ($2K). Together the top 2 received $4K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How The Drake Instrument Foundation gives
- In 2025 it paid out 158% 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 2024 to 2025, annual grant giving ranged from $3K (2024) to $4K (2025). In 2025 it made 2 grants totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Civil Liberties Union New York, NY | General Fund | $2,000 |
| Sierra Club Foundation Oakland, CA | General Fund | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|
| 2025 | $3,995,153 | $14,292 | $4,000 | 2 | $13,317 | $8,422 |
| 2024 | $4,009,445 | $8,643 | $2,800 | 2 | $7,768 | $9,009 |
| 2023 | $1,368,088 | $7,710 | — | — | $6,650 | $9,449 |
| 2022 | $1,375,798 | $4,443 | — | — | $3,393 | $9,696 |
| 2021 | $1,380,241 | $12,197 | — | — | $6,099 | $68,363 |
| 2020 | $1,392,438 | $2,565 | — | — | — | $68,630 |
Under IRS private-foundation payout rules, The Drake Instrument Foundation reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Drake Instrument Foundation is led by Philip Dickey, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Philip Dickey
President
On filings since 2020
1 hr/week
No compensation reported
Laurel Sercombe
Vice President
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Instrument Foundation
How much does The Drake Instrument Foundation give each year?
The Drake Instrument Foundation gave $4K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 2 grants.
How large is The Drake Instrument Foundation?
The Drake Instrument Foundation reported $4.0M in total assets on its 2025 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).
Where does The Drake Instrument Foundation operate?
The Drake Instrument Foundation has awarded grants in California, New York.
What is The Drake Instrument Foundation's EIN?
The Drake Instrument Foundation's EIN (Employer Identification Number) is 81-4792937. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 24, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
Explore Open Grants
Browse active grant opportunities in The Drake Instrument Foundation's focus areas in our free grants database
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