Nonprofit · EIN 91-2172351
DRAPER RICHARDS KAPLAN FOUNDATION
Tax-exempt · MENLO PARK, CA 94025
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $15,262,610 | $18,291,353 | -$3,028,743 | $40,500,333 | $2,146,779 | $38,353,554 |
| December 31, 2023 | 990 | $12,362,974 | $17,880,558 | -$5,517,584 | $43,758,116 | $2,844,637 | $40,913,479 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $13,191,894
- of which government grants
- $1,716,391
- Program service revenue
- $0
- Investment income
- $1,837,441
- Net rental income
- $203,020
- Net gain from sales of assets
- $607,883
- Other revenue
- $233,275
Expenses
- Grants and similar amounts paid
- $3,850,000
- Compensation of officers, directors and key employees
- $1,196,600
- Other salaries and wages
- $4,905,687
- Salaries, compensation and benefits (total)
- $8,362,209
- Professional fundraising fees
- $0
- Legal fees
- $30,713
- Accounting fees
- $50,404
- Occupancy
- $971,291
- Travel
- $371,432
- Depreciation
- $7,202
- Program services (functional)
- $14,856,621
- Management and general (functional)
- $2,193,463
- Fundraising (functional)
- $1,241,269
Balance sheet and other
- Total assets, start of year
- $43,758,116
- Total assets, end of year
- $40,500,333
- Total liabilities, end of year
- $2,146,779
- Net assets, end of year
- $38,353,554
- Land, buildings and equipment
- $7,301
- Publicly traded securities
- $16,056,751
- Net assets without donor restrictions
- $29,051,964
- Net assets with donor restrictions
- $9,301,590
- Gross receipts
- $20,609,588
- Employees
- 43
- Volunteers
- 7
- Year formed
- 2001
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES M BILDNER | CEO & BOARD MEMBER Trustee or director, Officer | 50 | $555,200 | $111,374 |
| ANIKA WARREN | OPERATING PTR, CHIEF ORG EFF OFFICER Highest-paid employee | 50 | $326,200 | $105,374 |
| ZERYN SARPANGAL | CFO, CAO Officer | 50 | $325,200 | $105,158 |
| NANCY HUANG | CHIEF OF STAFF, TREASURER Officer | 50 | $316,200 | $71,658 |
| LARA METCALF | CHIEF PORTFOLIO OFFICER Highest-paid employee | 50 | $314,070 | $47,759 |
| RICHMOND KRISTIN G | MANAGING DIRECTOR Highest-paid employee | 50 | $281,200 | $71,060 |
| MARGO DRAKOS | MANAGING DIRECTOR Highest-paid employee | 50 | $253,700 | $80,043 |
| HOLLY KUZMICH | MANAGING DIRECTOR Highest-paid employee | 50 | $268,700 | $60,108 |
| WILLIAM H DRAPER III | CO-CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| ROBIN RICHARDS DONOHOE | CO-CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| ROBERT S KAPLAN | CO-CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| RUTH J SIMMONS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SUE M GORDON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES M BILDNER | CEO & BOARD MEMBER Trustee or director, Officer | 50 | $505,200 | $103,535 |
| ANIKA WARREN | OPERATING PTR, CHIEF ORG EFF OFFICER Highest-paid employee | 50 | $321,200 | $100,535 |
| ZERYN SARPANGAL | CFO, CAO Officer | 50 | $321,845 | $98,564 |
| NANCY HUANG | CHIEF OF STAFF, TREASURER Officer | 50 | $282,064 | $65,056 |
| LARA METCALF | SENIOR MANAGING DIRECTOR Highest-paid employee | 50 | $291,849 | $27,213 |
| HOLLY KUZMICH | MANAGING DIRECTOR Highest-paid employee | 50 | $251,200 | $67,860 |
| MARGO DRAKOS | MANAGING DIRECTOR Highest-paid employee | 50 | $235,367 | $79,264 |
| OLIVER ROTHSCHILD | MANAGING DIRECTOR Highest-paid employee | 50 | $236,113 | $50,824 |
| WILLIAM H DRAPER III | CO-CHAIR Trustee or director | 8 | $0 | $0 |
| ROBIN RICHARDS DONOHOE | CO-CHAIR Trustee or director | 8 | $0 | $0 |
| ROBERT S KAPLAN | CO-CHAIR Trustee or director | 8 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1600 EL CAMINO REAL STE 155, MENLO PARK, CA 94025-4120
- Principal officer (990 for 2024)
- JAMES BILDNER, 1600 EL CAMINO REAL 155, MENLO PARK, CA 94025
- Signed the 990
- JAMES BILDNER, CHIEF EXECUTIVE OFFICER
- Phone
- (650) 319-7808
- Website
- WWW.DRKFOUNDATION.ORG
- Return prepared by
- HOOD & STRONG LLP
Mission
THE DRAPER RICHARDS KAPLAN FOUNDATION IS A GLOBAL VENTURE PHILANTHROPY FIRM SUPPORTING EARLY STAGE, HIGH IMPACT SOCIAL ENTERPRISES. WE BELIEVE THAT WITH EARLY FUNDING AND RIGOROUS SUPPORT, EXCEPTIONAL LEADERS, TACKLING SOME OF SOCIETY'S MOST COMPLEX PROBLEMS, CAN MAKE THE WORLD A BETTER PLACE.
Program accomplishments
- IN 2024, THE FOUNDATION FUNDED 49 SOCIAL IMPACT ORGANIZATIONS CREATING SOCIAL CHANGE AROUND THE GLOBE THROUGH UNRESTRICTED GRANTS.Expenses $3,850,000 · grants $3,850,000
- THE FOUNDATION PROVIDES EACH PORTFOLIO ORGANIZATION WITH SIGNIFICANT HUMAN AND OTHER SUPPORT SERVICES INCLUDING BOARD SERVICE, STRATEGIC AND OPERATING SUPPORT, FINANCIAL, ORGANIZATIONAL, GOVERNANCE AND LEADERSHIP TRAINING THROUGHOUT THE FOUNDATION'S THREE-YEAR COMMITMENT TO EACH ORGANIZATION AS WELL AS A COMMUNITY NETWORK. BETWEEN INCEPTION AND DECEMBER 31, 2024, DRK HAS FUNDED AND SUPPORTED 257 SOCIAL IMPACT ORGANIZATIONS AROUND THE GLOBE.Expenses $11,006,621 · revenue $30,255
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 91-2172351
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $40,500,333
- Income (IRS master file)
- $20,609,588
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $15,262,610 | $18,291,353 | $40,500,333 | XML |
| 990 | December 2023 | $12,362,974 | $17,880,558 | $43,758,116 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about DRAPER RICHARDS KAPLAN FOUNDATION
- What is the EIN of DRAPER RICHARDS KAPLAN FOUNDATION?
- The employer identification number (EIN) of DRAPER RICHARDS KAPLAN FOUNDATION is 91-2172351.
- Is DRAPER RICHARDS KAPLAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to DRAPER RICHARDS KAPLAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DRAPER RICHARDS KAPLAN FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DRAPER RICHARDS KAPLAN FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DRAPER RICHARDS KAPLAN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DRAPER RICHARDS KAPLAN FOUNDATION?
- The 990 for the year ended December 31, 2024 names JAMES BILDNER.
- Who are the officers and directors of DRAPER RICHARDS KAPLAN FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 13 people; 8 received compensation from the organization, the highest $555,200 (JAMES M BILDNER, CEO & BOARD MEMBER).
- How much revenue does DRAPER RICHARDS KAPLAN FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $15,262,610, expenses of $18,291,353 and total assets of $40,500,333 at year end.
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