The Drogen Foundation
The Drogen Foundation is a private foundation, based in Oneonta, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $234K in total assets. In 2024, it awarded 19 grants totaling $55K. Net investment income was $11K.
Key facts about The Drogen Foundation
In short: The Drogen Foundation gave $55K across 19 grants in 2024 (avg $3K), mostly in New York. 21% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 16-6443320
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $55,497
- Grants made (2024)
- 19
- Average grant
- $2,921
- Median grant
- $1,000
- New grantees (estimate)
- 21% first-time grantees (4 of 19, 2024)
- Total assets
- $233,548
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$234K
-12.0% YoY
Annual Giving
$55K
+204.9% YoY
Grant Count
19
+46.2% YoY
Avg Grant Size
$3K
+108.6% YoY
Under IRS private-foundation payout rules, The Drogen Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
Is The Drogen Foundation open to new grantees?
21%
first-time grantees, 2024
In 2024, 4 of 19 grantees (21%) were first-time recipients. First grants averaged $5K; repeat grants $2K. How we count
Medians: $625 first-time, $1K repeat.
- 58% of 2024 grantees were also funded in 2023. Method
- Giving grew 679% from 2021 to 2024. Method
- In 2024 it paid out 489% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 19 itemized 2024 grant dollars.
States
Cities
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
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SYDA Foundation South Fallsburg, NY | To protect, preserve, and faciliate the dissemination of Siddha Yoga teachings. | $20,002 |
| Friends of Bassett Healthcare Cooperstown, NY | To promote loacal healthcare and to provide fundung for medical equipment | $15,000 |
| Hartwick College Oneonta, NY | To offer an innovative approach to education prioritizing academic, physical, professional and financial well-being for its students | $10,000 |
| The Glimmer Glass Festival Cooperstown, NY | To assist with the funding of the arts in the community | $2,000 |
| Community Foundation of Otsego County Springfield Center, NY | To bring together financial and human resources to address challenges and increase opportunity in Otsego County | $2,000 |
| Foothills Performing Arts Oneonta, NY | To support the local arts | $1,000 |
| Future of Oneonta Foundation Oneonta, NY | To assist in the improvement of the local community | $1,000 |
| PRASAD Project Ferndale, NY | To assist with the help of the poor overseas | $1,000 |
| Temple Beth El Oneonta, NY | To support the local Jewish community | $1,000 |
| Kunzang Gatshal Foundation Delhi, NY | To support the coninuation of traditional forms of worship practiced in Buddhism. | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $233,548 | $265,349 | $257,025 |
| Revenue | $11,147 | $11,893 | $2,357 |
| Expenses | $55,997 | $18,200 | $44,573 |
| Qualifying Distributions | $55,497 | $18,200 | $44,040 |
| Net Investment Income | $11,147 | $11,893 | — |
| Distributable Amount | $11,347 | $13,053 | $600 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Drogen Foundation is led by Arnold Drogen, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Arnold Drogen
Trustee
On filings since 2020
No compensation reported
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 Drogen Foundation
How much does The Drogen Foundation give each year?
The Drogen Foundation gave $55K across 19 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $18K across 13 grants.
What is The Drogen Foundation's typical grant size?
The Drogen Foundation's median grant in 2024 was $1,000, and its average grant was $2,921, across 19 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Drogen Foundation that year got $5K on average.
Where does The Drogen Foundation give grants?
The Drogen Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Oneonta, NY (10 grants) and Cooperstown, NY (2 grants).
Does The Drogen Foundation give general operating support?
Not in 2024: none of the 19 grants with a stated purpose on The Drogen Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are The Drogen Foundation's largest grantees?
The Drogen Foundation's largest 2024 grantees include SYDA Foundation ($20,002), Friends of Bassett Healthcare ($15,000) and Hartwick College ($10,000), according to its 2024 IRS Form 990-PF. Together they received 81% of its itemized 2024 grant dollars.
How large is The Drogen Foundation?
The Drogen Foundation reported $234K in total assets on its 2024 IRS Form 990-PF. It paid out $55K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).
What is The Drogen Foundation's EIN?
The Drogen Foundation's EIN (Employer Identification Number) is 16-6443320. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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