Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Draper Foundation, based in San Mateo, California, is a philanthropic organization with assets totaling approximately $130 million. Despite having a negative revenue of over $73 million, the foundation's expenses amount to around $6.6 million. The foundation supports a wide range of cities across the United States, including major urban centers like New York, Los Angeles, and San Francisco, as well as smaller communities. It operates in numerous states such as California, Texas, and New York, among others. The foundation is led by a board of directors, including Timothy Draper as President, and other family members like Andrea and Jessica Draper, with Desiree Omran serving as CFO. The directors and officers work on a voluntary basis, receiving no compensation for their roles.
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Financials
+2.6% from previous year
87 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $1,050,000 | CALIFORNIA POLICY CENTER | COMMUNITY OUTREACH | Tustin, CA, US | 2022 |
| $1,000,000 | DRAPER RICHARDS KAPLAN FOUNDATION | COMMUNITY OUTREACH | Menlo park, CA, US | 2022 |
| $1,000,000 | MAKESCHOOLORG | EDUCATION PROGRAM | San francisco, CA, US | 2022 |
| $1,000,000 | DRAPER RICHARDS KAPLAN FOUNDATION | COMMUNITY OUTREACH | Menlo park, CA, US | 2023 |
| $1,000,000 | DRAPER RICHARDS KAPLAN FOUNDATION | COMMUNITY OUTREACH | Menlo park, CA, US | 2024 |
| $750,000 | THE INDEPENDENT INSTITUTE | COMMUNITY OUTREACH | Oakland, CA, US | 2022 |
| $750,000 | THE INDEPENDENT INSTITUTE | COMMUNITY OUTREACH | Oakland, CA, US | 2024 |
| $666,666 | RAVENSWOOD EDUCATION FOUNDATION | EDUCATION PROGRAM | Menlo park, CA, US | 2023 |
| $500,000 | SCHWAB FUND FOR CHARITABLE GIVING | COMMUNITY OUTREACH | Orlando, FL, US | 2022 |
| $500,000 | BIZWORLD FOUNDATION | EDUCATION PROGRAM | Oakland, CA, US | 2024 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
TD
TIMOTHY DRAPER
| PRESIDENT & DIRECTOR | $0 | 2024 |
AD
ANDREA DRAPER
| DIRECTOR | $0 | 2024 |
JD
JESSICA DRAPER
| DIRECTOR | $0 | 2024 |
WH
WILLIAM H DRAPER III
| SECRETARY & DIRECTOR | $0 | 2024 |
DO
DESIREE OMRAN
| CFO | $0 | 2024 |
TIMOTHY DRAPER
PRESIDENT & DIRECTOR
ANDREA DRAPER
DIRECTOR
JESSICA DRAPER
DIRECTOR
WILLIAM H DRAPER III
SECRETARY & DIRECTOR
DESIREE OMRAN
CFO
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025