Draper Richards Kaplan Foundation

The Draper Richards Kaplan Foundation, known as the DRK Foundation, is a private foundation focused on high impact philanthropy. Specifically, it makes philanthropic investments in nonprofit ventures that it believes to have high impact.[2] It is the philanthropic arm of Draper Richards, a venture capital firm.

Draper Richards Kaplan Foundation
AbbreviationDRK
Formation1994
TypePrivate foundation
HeadquartersMenlo Park, CA, United States
Chief executive officer
Jim Bildner
Key people
  • William H. Draper
  • Robin Richards Donohoe
  • Robert S. Kaplan
Revenue (2015)
$20,603,194[1]
Expenses (2015)$7,833,298[1]
Websitewww.drkfoundation.org

History

The Draper Richards Kaplan Foundation is the philanthropic arm of Draper Richards, a venture capital firm run by William H. Draper, III and Robin Richards Donohoe. The DRK Foundation was founded as the Draper Richards Foundation in 1994 and began by making investments in the United States and India.[3][4] In 2010, Robert Steven Kaplan of the Harvard Business School joined the Foundation and it changed its name to the Draper Richards Kaplan Foundation.[3]

Portfolio

The Draper Richards Kaplan Foundation has funded a number of nonprofits since 2002.[5] Nonprofits funded include Watsi in 2013,[6][7] Kiva in 2007,[8] Living Goods in 2007,[9] and Room to Read in 2002.[10][5]

Reception

Charity evaluator GiveWell listed the DRK Foundation as one of the foundations whose grantees it would examine as potential candidates for charities to recommend.[11]

See also

References
  1. "Draper Richards Kaplan Foundation" (PDF). Foundation Center. 23 November 2016. Retrieved 21 December 2017.
  2. "Our Grants". Draper Richards Kaplan Foundation. Retrieved March 26, 2014.
  3. "History". Draper Richards Kaplan Foundation. Retrieved March 26, 2014.
  4. "History". Draper Richards. Retrieved March 26, 2014.
  5. "Our Entrepreneurs". Draper Richards Kaplan Foundation. Retrieved March 26, 2014.
  6. "About". Watsi. Retrieved March 26, 2014.
  7. "Announcing our $1.2M 'philanthropic seed round'". July 25, 2013. Archived from the original on February 12, 2014. Retrieved March 26, 2014.
  8. Ramsey, Fiona (February 28, 2007). "Kiva.org supported by the Draper Richards Foundation". Kiva. Retrieved March 26, 2014.
  9. "Chuck Slaughter: Founder and President". Living Goods. September 25, 2013. Archived from the original on January 28, 2014. Retrieved March 26, 2014.
  10. "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.
  11. Karnofsky, Holden (February 21, 2011). "GiveWell's plan for 2011: specifics of research". GiveWell. Retrieved March 26, 2014.
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