The Drake Foundation
GERMANTOWN, TN EIN: 62-1684643
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
—
-100.0% YoY
Annual Giving
$178K
+1.8% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$89K
+1.8% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $102,122 | $75,243 |
| Revenue | $76,002 | $201,888 | $200,682 |
| Expenses | $178,124 | $175,009 | $210,514 |
| Qualifying Distributions | $178,098 | $175,000 | $210,500 |
| Net Investment Income | $1,002 | $1,888 | $682 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Drake Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Darin Drake | Secretary/BOD | 0.5 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Illinois $675K (89%)
Tennessee $68K (9%)
Kentucky $9K (1%)
Pennsylvania $6K (1%)
Colorado $3K (0%)
Cities
ColliervilleCrossvilleDunmoreMemphisMontroseOwensboroWheaton
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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