The Draper Foundation is a private family foundation established in 1996 and based in San Mateo, California. The foundation operates as a philanthropic organization led by venture capitalist Timothy C. Draper and his family members. As a family foundation, it operates through trustee discretion rather than maintaining a public application process.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$188.3M
+44.6% YoY
Annual Giving
$6.8M
+4.4% YoY
Grant Count
114
+31.0% YoY
Avg Grant Size
$60K
-20.3% YoY
Mission & Focus Areas
The foundation's giving priorities include:
- Arts
- Education
- Children and social services
- Presbyterian churches
The foundation's educational focus reflects Timothy Draper's background as a technology venture capitalist and his interest in innovation and educational reform. Notable grant recipients in education and entrepreneurship include institutions and programs focused on entrepreneurial development and educational advancement.
Grantmaking
The foundation does not maintain a public application process. As a private family foundation, it pre-selects organizations aligned with the Draper family's philanthropic interests.
Grant Range
Up to $1,000,000
Average Grant
amount: Approximately $75,000–$80,000 per grant
How to Apply
**
Ready to take the next step with The Draper Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports organizations nationally across 19 states, with particular concentration in:
- California
- Texas
- New York
The foundation also supports various other U.S. cities and states including Colorado, Florida, Illinois, Indiana, Iowa, Minnesota, Missouri, New Jersey, Nevada, Pennsylvania, Utah, Virginia, and Wisconsin.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving:
- Total assets: $130–$188 million (as of most recent filings)
- Total annual giving: $6.5–$6.8 million
- Total revenues (2024): $51,364,321
- Total expenses (2024): $7,787,259
Organization Details:
- EIN: 94-3256415
- IRS 501(c)(3) status
- Tax-exempt since August 1998
- No employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $188,293,275 | $130,180,012 | $124,299,561 |
| Revenue | $51,364,321 | $-73,938,443 | $6,365,769 |
| Expenses | $7,787,259 | $6,644,136 | $4,927,499 |
| Qualifying Distributions | $6,789,726 | $6,502,836 | $4,588,809 |
| Net Investment Income | $3,504,818 | $1,669,292 | $7,241,035 |
| Distributable Amount | $7,695,067 | $6,687,205 | $6,701,969 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
247 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board and Officers:
- Timothy Draper – President & Director
- Andrea Draper – Director
- Jessica Draper – Director
- William H. Draper III – Secretary & Director
- Desiree Omran – Chief Financial Officer
All board members and officers serve on a voluntary basis with no compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY DRAPER | PRESIDENT & DIRECTOR | 0.5 | — |
| ANDREA DRAPER | DIRECTOR | 0.5 | — |
| JESSICA DRAPER | DIRECTOR | 0.5 | — |
| WILLIAM H DRAPER III | SECRETARY & DIRECTOR | 0.5 | — |
| DESIREE OMRAN | CFO | 1 | — |
| HILLARY DRAPER | DIRECTOR | 0.5 | — |
| ELEANOR DRAPER | DIRECTOR | 0.5 | — |
Contact Information
Address: 55 E 3rd Avenue, San Mateo, CA 94401-4010
Phone: 415-601-6111
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Cottage Health
SANTA BARBARA, CA
Assets
$172.1M
Grants
6
Total Given
$179K
International Right of Way Association
GARDENA, CA
Assets
$5.7M
Grants
1
Total Given
$9K
Quince Interfaith Housing Corporation
LEMON GROVE, CA
Assets
—
Grants
0
Total Given
—
William & Lillian Schwartz Charitable Foundation
LA JOLLA, CA
Assets
$325K
Grants
1
Total Given
$3K
Covia Foundation
GLENDALE, CA
Assets
$15.2M
Grants
1
Total Given
$4.8M
Yale Ave Housing Inc
LAKE FOREST, CA
Assets
$25K
Grants
1
Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Draper Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities