The Drogen Foundation

ONEONTA, NY EIN: 16-6443320

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$234K

-12.0% YoY

Annual Giving

$55K

+204.9% YoY

Grant Count

+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.

About The Drogen Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $125K (100%)

States

New York

Cities

CooperstownDelhiFerndaleFranklinLathamOneontaSouth FallsburgSpringfield CenterSprngfield CenterSyracuseVestal

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

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

Among its reported 2024 grants, the largest include SYDA Foundation ($20,002), Friends of Bassett Healthcare ($15,000), Hartwick College ($10,000).

Recipient	Purpose	Amount
Foothills Performing Arts Oneonta, NY	To support the local arts	$1,000
Friends of Bassett Healthcare Cooperstown, NY	To promote loacal healthcare and to provide fundung for medical equipment	$15,000
Future of Oneonta Foundation Oneonta, NY	To assist in the improvement of the local community	$1,000
Helios Care Oneonta, NY	To support the local fight against cancer	$250
Oneonta Community Health Center Oneonta, NY	To support the community with health care	$150
Oneonta Family YMCA Oneonta, NY	To support the local activity of the YMCA	$100
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
The Glimmer Glass Festival Cooperstown, NY	To assist with the funding of the arts in the community	$2,000
Treadwell Fire Department Franklin, NY	To support the local fire department with its needs for serving the community	$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Arnold Drogen	Trustee	—	—

Frequently Asked Questions

How large is The Drogen Foundation?

As of 2024, The Drogen Foundation holds $234K in total assets with $11K in annual revenue. It awarded 19 grants totaling $55K in 2024.

Where does The Drogen Foundation operate?

The Drogen Foundation has awarded grants in New York.

What size grants does The Drogen Foundation award?

In 2024, The Drogen Foundation awarded 19 grants totaling $55K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is The Drogen Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Drogen Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.