The Draper Foundation
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
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
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
Share of 2024 grant dollars across all 114 itemized grants.
States
Cities
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
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
| Recipient | Purpose | Amount |
|---|---|---|
| Draper Richards Kaplan Foundation Menlo Park, CA | Community Outreach | $1,000,000 |
| University of Texas Fdn Inc Austin, TX | Education Program | $500,000 |
| The University of Utah Salt Lake City, UT | Education Program | $500,000 |
| Bizworld Foundation Oakland, CA | Education Program | $500,000 |
| Ravenswood Education Foundation East Palo Alto, CA | Education Program | $333,333 |
| Brink Technology Inc Austin, TX | Education Program | $250,000 |
| Libertas Institute Lehi, UT | Education Program | $250,000 |
| Bayorg San Francisco, CA | Environmental Reform | $250,000 |
| Brink Technology Inc Austin, TX | Education Program | $200,000 |
| California Policy Center Tustin, CA | Education Program | $200,000 |
Ready to take the next step with The Draper Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $188,293,275 | $51,364,321 | $7,787,259 | $6,789,726 | 114 | $6,789,726 | $3,504,818 | $7,695,067 |
| 2023 | $130,180,012 | $-73,938,443 | $6,644,136 | $6,502,835 | 87 | $6,502,836 | $1,669,292 | $6,687,205 |
| 2022 | $124,299,561 | $6,365,769 | $4,927,499 | $4,588,809 | 58 | $4,588,809 | $7,241,035 | $6,701,969 |
| 2021 | $195,149,192 | $78,341,825 | $6,655,969 | $6,127,134 | 58 | $6,127,134 | $16,348,611 | $9,745,838 |
| 2020 | $113,520,383 | $23,650,985 | $4,445,817 | $3,036,260 | 47 | — | $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
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Draper Foundation's focus areas in our free grants database
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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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