The Drake Foundation
Invitation OnlyGermantown, Tennessee · EIN 62-1684643 · Private foundation
Grants paid (2024)$178K
Organizations funded2
Typical grant$3,098
Total assets$0
Half of its grants to organizations were between $3,098 and $175,000.
From the return
How to apply
On its return for tax year 2024 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
100% of grants went outside Tennessee.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Pastoral Leadership Institute | Wheaton, IL | Further exempt purpose | $175,000 |
| Grace Community | Montrose, CO | Further exempt purpose | $3,098 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $178,098 | 2 |
| 2023 | $175,000 | 2 |
Sources
- IRS Form 990-PF, tax year 2024, filed May 13, 2025 - IRS e-file batch, object ID 202511339349102811
- IRS Tax Exempt Organization Search for EIN 62-1684643
- Profile updated Nov 10, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.