The Draper Foundation

Private foundation · Grantmaker San Mateo, CA EIN: 94-3256415

The Draper Foundation is a private foundation based in San Mateo, California. Its 2024 filing reports 114 grants totaling $6,789,726. The listed grants include support for education programs, community outreach, and environmental reform.

The Draper Foundation at a glance

In short: The Draper Foundation gave $6.8M across 114 grants in 2024 (avg $60K), mostly in California. 44% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$6,789,726
+4.4% vs 2023
Grants made (2024)
114
+31.0% vs 2023
Average grant
$59,559
-20.3% vs 2023
Median grant
$10,000
Total assets
$188,293,275
+44.6% vs 2023
New grantees (estimate)
44% first-time grantees (40 of 90, 2024)
Primary geography
California (62% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Draper Foundation

How to Apply

The filing names Timothy C. Draper as the contact. Applications should be in writing and clearly state the purpose of the funding. The foundation states that it does not restrict giving to preselected organizations; restrictions on awards: none.

Contact

Application contact: Timothy C Draper
Mailing address: 55 East 3Rd Avenue, San Mateo, CA 94401
Phone: (650) 599-9000

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Draper Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Draper Richards Kaplan Foundation: $1.0MDraper Richards KaplanFoundation$1.0MBizworld Foundation: $600K across 2 grantsBizworld Foundation$600K · 2 grantsUniversity of Texas Fdn Inc: $500KUniversity of Texas Fdn Inc$500KThe University of Utah: $500KThe University of Utah$500KBrink Technology Inc: $450K across 2 grantsBrink Technology Inc$450K · 2 grantsRavenswood Education Foundation: $333KRavenswood EducationFoundation$333KCalifornia Policy Center: $300K across 2 grantsCalifornia Policy Center$300K · 2 grantsLibertas Institute: $250KLibertas Institute$250KBayorg: $250KBayorg$250KPoint Owood Foundation Inc: $200K across 2 grantsPoint Owood Foundation Inc$200K · 2 grants

The largest 2024 recipient was Draper Richards Kaplan Foundation ($1.0M). Together the top 10 received $4.4M.

Organizations only. It also paid 2 grants to individuals ($28,000), which are not listed by name.

Grant Size Distribution

364 grants across all recorded years

244<$50K43$50–100K51$100–250K9$250–500K10$500K–1M7$1–5M$5M+

The most common grant size was under $50K: 244 grants of 364 (67%).

Geographic Focus

Where this funder awards grants

In 2024, California received 62% of grant dollars, Texas 15%, Utah 11%, New York 5%, and Florida 2%.

Grant Distribution by State

23states

Share of 2024 grant dollars across all 114 itemized grants.

Cities

San FranciscoNew YorkLos AngelesOaklandAthertonAustinMenlo ParkPalo AltoStanfordPasadenaRedwood CityOrlandoAndoverSan MateoSanta ClaraWashingtonBerkeleyNorthamptonSan CarlosSanta Monica

Is The Draper Foundation open to new grantees?

44%

first-time grantees, 2024

In 2024, 40 of 90 grantees (44%) were first-time recipients. First grants averaged $34K; repeat grants $108K. How we count

Medians: $6K first-time, $35K repeat.

  • 50% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+11%). Method
  • In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M47 grants2020 58 grants2021 58 grants2022 87 grants2023 114 grants2024

From 2020 to 2024, annual grant giving ranged from $3.0M (2020) to $6.8M (2024). In 2024 it made 114 grants totaling $6.8M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Draper Richards Kaplan Foundation Menlo Park, CACommunity Outreach$1,000,000
University of Texas Fdn Inc Austin, TXEducation Program$500,000
The University of Utah Salt Lake City, UTEducation Program$500,000
Bizworld Foundation Oakland, CAEducation Program$500,000
Ravenswood Education Foundation East Palo Alto, CAEducation Program$333,333
Brink Technology Inc Austin, TXEducation Program$250,000
Libertas Institute Lehi, UTEducation Program$250,000
Bayorg San Francisco, CAEnvironmental Reform$250,000
Brink Technology Inc Austin, TXEducation Program$200,000
California Policy Center Tustin, CAEducation Program$200,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$188,293,275$51,364,321$7,787,259$6,789,726114$6,789,726$3,504,818$7,695,067
2023$130,180,012$-73,938,443$6,644,136$6,502,83587$6,502,836$1,669,292$6,687,205
2022$124,299,561$6,365,769$4,927,499$4,588,80958$4,588,809$7,241,035$6,701,969
2021$195,149,192$78,341,825$6,655,969$6,127,13458$6,127,134$16,348,611$9,745,838
2020$113,520,383$23,650,985$4,445,817$3,036,26047—$35,024,592$4,104,725

Under IRS private-foundation payout rules, The Draper Foundation reported a distributable amount of $7.7M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants show support for organizations with varied activities. For example, Bizworld Foundation says it helps young people develop entrepreneurship skills, while Ravenswood Education Foundation says it works to ensure equitable, high-quality educational opportunities for Ravenswood students. BAYORG describes its work as watershed conservation, climate resilience, and ocean conservation. These are the grantees’ stated missions, not stated priorities of the foundation.

Grantmaking

In 2024, the foundation made 114 grants totaling $6,789,726. Grant amounts ranged from $200 to $1,000,000, with a median of $10,000.

Among the largest grants were $1,000,000 to Draper Richards Kaplan Foundation for community outreach; $500,000 each to the University of Texas Foundation, the University of Utah, and Bizworld Foundation for education programs; and $333,333 to Ravenswood Education Foundation for an education program. Other notable grants included $250,000 to BAYORG for environmental reform and two grants to Brink Technology Inc. for education programs, totaling $450,000.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Timothy Draper as president and director; Andrea Draper, Jessica Draper, Hillary Draper, and Eleanor Draper as directors; William H. Draper III as secretary and director; and Desiree Omran as CFO.

The Draper Foundation is led by Timothy Draper, President & Director since 2022 (on filings since 2020); none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Timothy Draper

    President & Director

    President → President & Director, 2022

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • William H. Draper III

    Secretary & Director

    Secretary → Secretary & Director, 2022

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Andrea Draper

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Jessica Draper

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Eleanor Draper

    Director

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Hillary Draper

    Director

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Desiree Omran

    CFO

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Rebecca Draper (2020) — CFO

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 Draper Foundation

How much does The Draper Foundation give each year?

The Draper Foundation gave $6.8M across 114 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6.5M across 87 grants.

What is The Draper Foundation's typical grant size?

The Draper Foundation's median grant in 2024 was $10,000, and its average grant was $59,559, across 114 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Draper Foundation that year got $34K on average.

Where does The Draper Foundation give grants?

The Draper Foundation gives mostly in California: 62% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Texas (15%) and Utah (11%). The most frequent recipient cities were San Francisco, CA (14 grants), New York, NY (8 grants), Los Angeles, CA (7 grants) and Austin, TX (5 grants).

Does The Draper Foundation give general operating support?

Not in 2024: none of the 114 grants with a stated purpose on The Draper Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education Program" (58 grants), "Community Outreach" (42 grants) and "Medical Research" (12 grants).

Who are The Draper Foundation's largest grantees?

The Draper Foundation's largest 2024 grantees include Draper Richards Kaplan Foundation ($1,000,000), Bizworld Foundation ($600,000 across 2 grants) and University of Texas Fdn Inc ($500,000), according to its 2024 IRS Form 990-PF. It also paid 2 grants to individuals ($28,000), which are not listed by name. Together they received 31% of its itemized 2024 grant dollars.

How large is The Draper Foundation?

The Draper Foundation reported $188.3M in total assets on its 2024 IRS Form 990-PF. It paid out $6.8M in qualifying distributions that year, against a required minimum of $7.7M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does The Draper Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants show support for organizations with varied activities. See mission & focus areas ↑

How do I apply for a grant from The Draper Foundation?

The filing names Timothy C. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Draper Foundation's EIN?

The Draper Foundation's EIN (Employer Identification Number) is 94-3256415. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). The Draper Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-draper-foundation-morg_f790247e3c2a4c298e8752fa959525a7

BibTeX
@misc{grantable_943256415_2026,
  author       = {{Grantable}},
  title        = {{The Draper Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-draper-foundation-morg_f790247e3c2a4c298e8752fa959525a7},
  note         = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Draper Foundation'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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