Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Drake Foundation, based in Collierville, Tennessee, is a philanthropic organization with assets totaling $102,122. In the most recent fiscal year, the foundation reported expenses of $175,009 and revenue of $201,888. The foundation focuses on a variety of subject areas including health, particularly diseases and conditions like cancer, public affairs, leadership development, and religion with an emphasis on Christianity. It also supports human services such as basic and emergency aid, shelter and residential care, supportive housing, and domestic violence shelters. Additionally, the foundation is involved in international relations and development. The foundation provides funding to cities including Collierville, Crossville, Dunmore, Owensboro, and Wheaton, across states like Illinois, Kentucky, Pennsylvania, and Tennessee. Darin Drake serves as the Secretary and a member of the Board of Directors, contributing 0.5 hours without compensation.
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Financials
+2.6% from previous year
2 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $200,000 | Pastoral Leadership Institute | Further exempt purpose | Wheaton, IL, US | 2023 |
| $150,000 | Pastoral Leadership Institute | Further exempt purpose | Wheaton, IL, US | 2024 |
| $100,000 | Pastoral Leadership Institute | Further exempt purpose | Wheaton, IL, US | 2022 |
| $25,000 | Fairfield Glade First Baptist Church | Further exempt purpose | Crossville, TN, US | 2024 |
| $6,000 | JDRF | Further exempt purpose | Collierville, TN, US | 2022 |
| $6,000 | JDRF | Further exempt purpose | Collierville, TN, US | 2023 |
| $5,000 | YMCA of Greater Scranton | Further exempt purpose | Dunmore, PA, US | 2022 |
| $2,500 | Green River Down Syndrome Association | Further exempt purpose | Owensboro, KY, US | 2022 |
| $2,500 | Green River Down Syndrome Association | Further exempt purpose | Owensboro, KY, US | 2023 |
| $1,000 | Owensboro Innovation Academy | Further exempt purpose | Owensboro, KY, US | 2023 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
DD
Darin Drake
| Secretary/BOD | $0 | 2024 |
Darin Drake
Secretary/BOD
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025