The DRG Foundation logo

The DRG Foundation

CORTE MADERA, CA EIN: 46-3699756 Website

The organization is dedicated to providing financial support to Bay Area students who are passionate about academics, athletics, and the arts. The DRG Foundation provides grants to Marin Catholic High School in Marin, California, Santa Clara University in Santa Clara, California, and the University of Miami in Miami, Florida, specifically allocated for student scholarships. Furthermore, the organization supports art and athletic programs, and contributes to art and athletic facility enhancements throughout the San Francisco Bay Area.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.1M

+5.7% YoY

Annual Giving

$306K

-1.6% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$102K

-1.6% YoY

About The DRG Foundation

Based on IRS filings

The DRG Foundation is a nonprofit organization, based in CORTE MADERA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.1M in total assets. In 2024, it awarded 3 grants totaling $306K. Net investment income was $716K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Coral GablesKentfieldMill ValleyNovatoSanta Clara

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$271K$542K$813K$1M20202021202220232024
Metric202420232022
Total Assets$8,133,128$7,693,470$7,239,511
Revenue$725,140$319,256$986,039
Expenses$383,432$375,627$118,979
Qualifying Distributions
Net Investment Income$715,805$220,156$845,165
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$78K$156K$233K$311K2 grants20200 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Marin Catholic High School$106KSanta Clara University$100KUniversity of Miami$100K

Grant Size Distribution

11 grants across all recorded years

2<$50K1$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

3 open opportunities from The DRG Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Marin Catholic High School ($106,000), Santa Clara University ($100,000), University of Miami ($100,000).

RecipientPurposeAmount
Marin Catholic High School Kentfield, CAEducation$106,000
Santa Clara University Santa Clara, CAEducation$100,000
University of Miami Coral Gables, FLEducation$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Richard GhilottiBoard Chairman0.5
Greg ChomaPresident2
William GhilottiDirector
Rochelle GhilottiDirector
Michelle Ghilotti MandelSecretary0.5
Josh MandelDirector0.5
Matt CappielloDirector0.1
Emily FielTreasurer1
Whitney StonerDirector0.5
Nico DumontDirector

Frequently Asked Questions

How large is The DRG Foundation?

As of 2024, The DRG Foundation holds $8.1M in total assets with $725K in annual revenue. It awarded 3 grants totaling $306K in 2024.

Where does The DRG Foundation operate?

The DRG Foundation has awarded grants in California, Florida.

What size grants does The DRG Foundation award?

In 2024, The DRG Foundation awarded 3 grants totaling $306K — an average of about $102K per grant, based on its IRS Form 990 filings.

What is The DRG Foundation's EIN?

The DRG Foundation's EIN (Employer Identification Number) is 46-3699756. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The DRG Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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