The Drake Foundation Inc | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Drake Foundation Inc. Data shown is extracted from Form 990-PF filings.
EIN: 83-2887044
Foundation Overview
Based in Miami, FL, The Drake Foundation Inc has awarded 6 grants totaling $8,000,000 to organizations in Virginia and California. Individual grants range from $1,000,000 to $3,000,000, with a median award of $1,000,000.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
3 total grants. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.
Geographic Focus
83% of all grants are concentrated in Virginia, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Virginia, funding concentrates in Arlington (100%).
Funding Trajectory
Stable funding levels with 0% change over 2 years indicate consistent grant-making capacity and predictable philanthropic resources. This stability suggests reliable ongoing funding opportunities.
Program Areas
Dual focus on education (67%) and general purposes, indicating strategic concentration in complementary program areas.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into The Drake Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Atlas Economic Research Foundation Dba Atlas Network | $1,000,000 | Arlington, VA, US | Funding For The Atlas Economic Research Foundation. | 2022 |
| Atlas Economic Research Foundation Dba Atlas Network | $1,000,000 | Arlington, VA, US | Funding For The Atlas Economic Research Foundation. | 2022 |
| Atlas Economic Research Foundation Dba Atlas Network | $1,000,000 | Arlington, VA, US | Funding For The Atlas Economic Research Foundation. | 2022 |
| Center For Latin America Atlas Network | $1,000,000 | Arlington, VA, US | Atlas Economic Research Foundation (1) Coach Activities (2) Compete Activities (3) Celebrate Activities (4) To Provide Salary And Expense Support For Increases In Staff | 2021 |
| Tompkins Conservation | $3,000,000 | San Francisco, CA, US | Purchase Of Land For Rewilding Project | 2021 |
| Center For Latin America Atlas Network | $1,000,000 | Arlington, VA, US | Atlas Economic Research Foundation (1) Coach Activities (2) Compete Activities (3) Celebrate Activities (4) To Provide Salary And Expense Support For Increases In Staff | 2020 |
Foundations Similar to The Drake Foundation Inc
Discover 2 foundations with comparable assets ($10-$10), similar grant patterns, and geographic focus in FL that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
American Academy Of Orthopedic Regenerative Medici
EIN: 20-3027955 | 1 grants awarded |
$10
(↑ Larger) |
$834,186
median grant |
North Miami, FL
Same state |
|
|
The Mario Santo Domingo Foundation
EIN: 20-3751850 | 14 grants awarded |
$10
(↑ Larger) |
$500,000
median grant |
Miami, FL
Same state |
|
Related Foundation Resources in FL:
Contact Information
Official contact details for The Drake Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 83-2887044 |
| Website | N/A |
| Address | 1221 BRICKELL AVE STE 2450 Miami, FL 33131-3297 |
Key People (3)
Board members, trustees, and key staff who oversee The Drake Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Michelle Wolfe |
|---|---|
| Treasurer | Edmundo Gonzalez |
| Secretary | Mairi Redmond |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for The Drake Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
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