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THE DRAKE FOUNDATION INC

MIAMI, FL 832887044

The Drake Foundation Inc is a Miami-based philanthropic organization with $1,000,000 in annual revenue and expenses, supporting projects in Arlington and San Francisco, led by a volunteer leadership team.

Overview

About THE DRAKE FOUNDATION INC

The Drake Foundation Inc, based in Miami, Florida, is a philanthropic organization with a focus on philanthropy and foundations. Despite having minimal assets of $7, the foundation operates with a significant annual revenue and expenses of $1,000,000. The foundation supports initiatives in cities such as Arlington and San Francisco, located in Virginia and California respectively. The leadership team includes Sara Schroter as President, Edmundo Gonzalez as Treasurer, and Mairi Redmond as Secretary, all of whom work voluntarily without compensation.

Focus Areas

PhilanthropyFoundations

Geographic Focus

CAVA
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

Example compatibility analysis for demonstration purposes

Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $7
Total Awarded This Year $0
Average Grant Size $NaN
Total Grants (Previous Year) 310
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
MIAMI, FL US
Geographic Funding Distribution

Financials

Total Assets
$7

in 2024, compared to $7 in 2023

Annual Grants
$0

0 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$3,000,000Tompkins ConservationPURCHASE OF LAND FOR REWILDING PROJECT1606 Union Street San Francisco, CA US2022
$1,000,000Center for Latin America Atlas NetworkAtlas Economic Research Foundation (1) coach activities (2) compete activities (3) celebrate activit...Two Liberty Center Arlington, VA US2022
$1,000,000ATLAS ECONOMIC RESEARCH FOUNDATION DBA ATLAS NETWORKFUNDING FOR THE ATLAS ECONOMIC RESEARCH FOUNDATION.TWO LIBERTY CENTER 4075 WILSON BLVD ARLINGTON, VA US2023
3 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
SS
SARA SCHROTER
PRESIDENT$02022
EG
EDMUNDO GONZALEZ
TREASURER$02022
MR
MAIRI REDMOND
SECRETARY$02022
SS
SARA SCHROTER
PRESIDENT$02023
EG
EDMUNDO GONZALEZ
TREASURER$02023
MR
MAIRI REDMOND
SECRETARY$02023
SS
SARA SCHROTER
PRESIDENT$02024
EG
EDMUNDO GONZALEZ
TREASURER$02024
MR
MAIRI REDMOND
SECRETARY$02024
9 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025