The DRG Foundation logo

The DRG Foundation

Public charity · Grantmaker 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.

Key facts about The DRG Foundation

In short: The DRG Foundation gave $306K across 3 grants in 2024 (avg $102K), mostly in California. Source: 2024 IRS Form 990.

EIN
46-3699756
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$306,000
Grants made (2024)
3
Average grant
$102,000
Median grant
$100,000
Total assets
$8,133,128
Primary geography
California (67% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · 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 public charity, based in Corte Madera, CA. IRS filing data is available from 2019 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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3 open opportunities from The DRG Foundation

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

Coral GablesKentfieldNovatoSanta ClaraFairfaxMill ValleyNapa

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K4 grants2019 2 grants2020 Total only2021 3 grants2022 3 grants2023 3 grants2024

From 2019 to 2024, annual grant giving ranged from $5K (2021) to $311K (2023). In 2024 it made 3 grants totaling $306K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

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

The largest 2024 recipient was Marin Catholic High School ($106K). Together the top 3 received $306K.

Grant Size Distribution

11 grants across all recorded years

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

The most common grant size was in the $100–250K range: 8 grants of 11 (73%).

Giving History

Grant recipients and amounts by year

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

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2019 2020 2021 2022 2023 2024
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
Net Investment Income$715,805$220,156$845,165

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS December 23, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS August 26, 2025)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The DRG Foundation is led by Greg Choma, President since 2023 (on filings since 2019); none of the 10 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Greg Choma

    President

    Director → President, 2023

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Richard Ghilotti

    Board Chairman

    President → Board Chairman, 2023

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Josh Mandel

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Matt Cappiello

    Director

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Rochelle Ghilotti

    Director

    On filings since 2019

    No compensation reported

  • William Ghilotti

    Director

    On filings since 2019

    No compensation reported

  • Whitney Stoner

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Nico Dumont

    Director

    New on the 2024 filing

    No compensation reported

  • Emily Fiel

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Michelle Ghilotti Mandel

    Secretary

    On filings since 2019

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "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 DRG Foundation

How much does The DRG Foundation give each year?

The DRG Foundation gave $306K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $311K across 3 grants.

What is The DRG Foundation's typical grant size?

The DRG Foundation's median grant in 2024 was $100,000, and its average grant was $102,000, across 3 grants on its 2024 IRS Form 990.

Where does The DRG Foundation give grants?

The DRG Foundation gives mostly in California: 67% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Florida (33%).

Does The DRG Foundation give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on The DRG Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Education" (3 grants).

How large is The DRG Foundation?

The DRG Foundation reported $8.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $725K.

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 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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