Categories
  • Foundations based in the United States
  • Menlo Park, California
  • Organizations established in 1994
  • 1994 establishments in California
    •   Encyclosphere.org ENCYCLOREADER
      supported by EncyclosphereKSF

    Draper Richards Kaplan Foundation

    From Wikipedia - Reading time: 6 min
    Draper Richards Kaplan Foundation
    AbbreviationDRK
    Formation2002
    TypePrivate foundation
    HeadquartersMenlo Park, CA, United States
    Chief executive officer
    		Jim Bildner
    Key people
    • William H. Draper
    • Robin Richards Donohoe
    • Robert S. Kaplan
    Revenue$20,603,194[1] (in 2015)
    Expenses$7,833,298[1] (in 2015)
    Websitewww.drkfoundation.org

    The Draper Richards Kaplan Foundation, also known as the DRK Foundation, is an international venture philanthropy firm.[2]

    History

    [edit]

    The foundation was founded in 2002 by William Henry Draper III and Robin Richards Donohoe as the Draper Richards Foundation.[2][3] Robert Steven Kaplan joined the foundation in 2010 and the foundation changed its name to the Draper Richards Kaplan Foundation.[2][3] The foundation funds non-profit organizations and for-profit organizations.[2]

    In 2020, the foundation launched a $80 million impact investing fund.[4] In 2023, the foundation was one of fifteen foundations to endorse the U.S. Agency for International Development's donor statement on supporting locally led development.[5][6] In 2024, the foundation recieved a $8.6 million grant from the Swiss Agency for Development and Cooperation.[7] The foundation provided a grant to Kiva in 2007.[8][9]

    The foundation has offices in Boston, Massachusets; Dallas, Texas, Menlo Park, California; Nairobi, Kenya; and The Hague, Netherlands.[2]

    Portfolio

    [edit]

    Since beginning this work in 2002, DRK has invested in more than 245 organizations. Organizations funded include Peepul India in 2020,[10][11][12] Watsi in 2013,[13][14] Kiva in 2007,[15] Living Goods in 2007,[16] and Room to Read in 2002.[17][18]

    See also

    [edit]
    • Laura and John Arnold Foundation
    • Mulago Foundation
    • Jasmine Social Investments
    • Good Ventures
    • High impact philanthropy

    References

    [edit]
    1. ^ a b "Draper Richards Kaplan Foundation" (PDF). Foundation Center. 23 November 2016. Retrieved 21 December 2017.
    2. ^ a b c d e https://www.insidephilanthropy.com/home/2023-4-24-from-the-ground-up-a-few-things-to-know-about-the-draper-richards-kaplan-foundation
    3. ^ a b https://www.drkfoundation.org/about/history/
    4. ^ https://philanthropynewsdigest.org/news/draper-richards-kaplan-launches-80-million-impact-investing-fund
    5. ^ https://philanthropynewsdigest.org/news/foundations-sign-donor-statement-on-supporting-locally-led-development
    6. ^ https://www.usaid.gov/news-information/press-releases/sep-20-2023-fifteen-foundations-endorse-donor-statement-supporting-locally-led-development
    7. ^ https://philanthropynewsdigest.org/news/draper-richards-kaplan-foundation-receives-8.6-million
    8. ^ https://www.philanthropy.com/article/a-grant-maker-builds-a-record-of-helping-nonprofits-innovate/
    9. ^ https://www.kiva.org/blog/kivaorg-supported-by-the-draper-richards-foundation
    10. ^ "Our Partners". Peepul. Retrieved 2021-02-28.
    11. ^ "Creating Impact in a Volatile World — Lessons Learned from the Front Lines (SSIR)". ssir.org. Retrieved 2021-02-28.
    12. ^ "Peepul | DRK Foundation | Supporting passionate, high impact social enterprises". Retrieved 2021-02-28.
    13. ^ "About". Watsi. Retrieved March 26, 2014.
    14. ^ "Announcing our $1.2M 'philanthropic seed round'". July 25, 2013. Archived from the original on February 12, 2014. Retrieved March 26, 2014.
    15. ^ Ramsey, Fiona (February 28, 2007). "Kiva.org supported by the Draper Richards Foundation". Kiva. Retrieved March 26, 2014.
    16. ^ "Chuck Slaughter: Founder and President". Living Goods. September 25, 2013. Archived from the original on January 28, 2014. Retrieved March 26, 2014.
    17. ^ "DRAPER RICHARDS FOUNDATION AWARDS FELLOWSHIP GRANT TO ROOM TO READ. Organization to spearhead growth in new areas". Room to Read. November 18, 2002. Archived from the original on May 18, 2015. Retrieved March 26, 2014.
    18. ^ "Our Entrepreneurs". Draper Richards Kaplan Foundation. Retrieved March 26, 2014.
    [edit]
    This article is licensed under CC BY-SA 3.0.
    Original source: https://en.wikipedia.org/wiki/Draper Richards Kaplan Foundation
    Status: article is cached
    Encyclosphere.org EncycloReader is supported by the EncyclosphereKSF