Draper Richards Kaplan Foundation Grants

How To Get Grants from Draper Richards Kaplan Foundation Grants – In order to encourage research, fund innovative projects, and support organizations working to find long-term solutions to pressing social or environmental issues, it is essential to provide grants to these groups. The provision of grants is crucial because they allow organizations to focus on solving critical problems, creating good change, and laying the groundwork for a brighter future.

The Draper Richards Kaplan Foundation Grant provides vital funding to groups and individuals working to solve big social problems. Through its endowment, the foundation is able to support research, finance groundbreaking initiatives, and encourage creative solutions. The recipients of these grants have the potential to make a beneficial impact on society, solve important problems, and help build a better world.

There are some foundations such as ASCAP foundation grants, and Weingart Foundations Grants, do not forget to check them out in order to meet great opportunities.

What is the Draper Richards Kaplan Foundation Grant?

The DRK Foundation is a global venture charity company that helps high-impact social businesses in their early stages. The foundation thinks that great leaders who take on some of the world’s hardest problems can make it a better place if they get early funding and strong backing.

In 1994, William H. Draper, III, and Robin Richards Donohoe started investing in venture capital together. They mostly put their money into Indian companies. Because of this, they have put money into more than 200 early-stage IT companies in India and the US since then.

When they started the Draper Richards Foundation in 2002, they had a fund of $14 million, most of which came from Bill and Robin and other family members. The successful venture capital relationship between Bill and Robin shaped the way the foundation works and helped make the model that the Draper Richards Kaplan Foundation uses today.

The Draper Richards Kaplan Foundation, with $48,438,455, supports effective philanthropy. The foundation gave $3,350,000 in a recent review, averaging $72,826 and medianing $50,000. These numbers demonstrate the foundation’s commitment to varied social change programs and organizations.

If you want to know more information about the foundation, you can visit the official website of the Draper Richards Kaplan Foundation Grant at: https://www.drkfoundation.org/about/

Focus Area of Draper Richards Kaplan Foundation Grant

The focus area of the Draper Richards Kaplan Foundation Grant

• The main thing that organizations do is work on a major social or natural problem.
• Founders who want to have a much bigger effect over time.
• There are groups that work in the US, Europe, India, Africa, and Latin America.
• Independent nonprofits and mission-driven for-profits that put effect first, such as US 501(c)3s and their versions outside of the US, as well as C corporations, B corporations, and hybrid groups.
• Fiscally supported organizations in some cases where there is a plan to break off (the foundation found that freedom makes it easier for businesses to grow).
• Post-pilot and pre-scale businesses. This usually means that:
• Post-pilot and pre-scale businesses. This usually means that your program, product, or service is already out there; or you can see early signs that your plan is having the effect you want it to have.
• Organizations with one or more leaders who are full-time or plan to be. The foundation thinks that an early-stage group needs full-time guidance from its founder(s) in order to grow. 
• The foundation knows that going full-time may require resources that you are still gathering. If that’s the case, the foundation would be happy to talk to you while you wait.
• The foundation cares about having a wide range of people work on the problem at hand and wants to promote practices that promote justice, fairness, inclusion, and connection.

Eligibility of Draper Richards Kaplan Foundation Grant 

If you are looking for a grant from Draper Richards Kaplan Foundation Grant, then you must keep in mind some standards, mentioned in below:

• Leaders address critical societal issues that affect many.
• Models that can scale up.
• Early-stage social firms where DRK help (financial, board, and otherwise) can make a difference.
• Leaders of 1-3-year-old firms are ready to implement ambitious plans.
• National or worldwide social companies with social issues.
• US and global organizations.
• The foundation provides support to non-profit, for-profit, and hybrid social companies.

DRK Prioritizes

• Data-driven decision making, targeted alignment, systemic societal transformation.
• Leaders that are always learning and want a 3-year partnership with DRK. Leaders who know their communities and opportunities. Leaders who promote justice, equity, diversity, inclusion, and belonging.
• Companies built to scale their effect.

If you are looking for grants for your organization, you can open many deals with Mardag Foundation Grants. 

How To Apply for Draper Richards Kaplan Foundation Grant ?

We have mentioned the steps below to apply for Draper Richards Kaplan Foundation Grant.

1. Send Applications | 8-10 Weeks

The Foundation accepts online applications year-round.  Draper Richards Kaplan Foundation officials examine all applications.  For ventures that suit the foundation’s investing strategy, the DRK foundation selects 25% of the applications. An email six weeks after submission concludes the non-invited application process.

2. Explore 1-2 months before the interview.

In two months, email interviews occur. DRK staff will contact or meet with you to discuss your social entrepreneurship idea. Contact with more DRK team members may follow.

3. Due diligence + follow-up interviews | 1-2 months

Some 25% of interviews will be thorough. In this extended process, the entrepreneur provides tools, resources, and strategies. DRK analyzes your concept, market, and team. The DRK Foundation consults with your contacts and network professionals. The members of the DRK foundation will tell you if there is no fit to respect your time and effort. Approximately 15% will complete final diligence.

4. Finalize diligence | 1-2 months

After the representative of the foundation’s study, the entrepreneur and DRK set new company goals with measurements and milestones to demonstrate its vision. They will utilize these KPIs with the organization across the 3-year funding period. These approaches are essential for business establishment and growth.

5. Grant | 3-6 Months

DRK devotes $300,000 twice a year for three years. For-profit companies invest $150,000 in programs and extra $150,000 for KPIs and results. A senior DRK team member, usually the diligence lead, will join the board for three years to help the entrepreneur expand and succeed. To learn more about the selection process of the foundation, check https://www.drkfoundation.org/apply-for-funding/selection-process/

Contact Information for Draper Richards Kaplan Foundation

There are several means of getting in touch with the Draper Richards Kaplan Foundation, mentioned in below:

Address: 1600 El Camino Real 155, Menlo Park, CA 94025

EIN: 912172351

Phone: 650-319-7808

Website: www.drkfoundation.org

Draper Richards Kaplan Foundation Grant Grantees

The Draper Richards Kaplan Foundation granted 46 organizations worldwide in 2022.

Absolute Return For Kids (Dba Peepul)

Absolute Return For Kids (Dba Peepul) in New Delhi received $100,000 for general operations support. Accelerator For America in Covina received $50,000 for general operations support.

Accessos

Accessos, located in San Francisco, CA, was awarded $50,000 for general operating support. With a commitment to fostering innovation, Accessos contributes to positive societal change through its initiatives and programs.

Accelerator For America

San Francisco-based Accelerator For America, received $50,000 for general operations support. Both Amani Global Works in New York and the American Journalism Project in Washington, DC, got $100,000 for general operational support.

American University in Washington, DC

Another grantee of the DRK foundation, American University in Washington, DC, received $50,000 for its polarization & extremism research innovation lab.

Amani Global Works

New York-based Amani Global Works got $100,000 for general operations support. This funding helps the organization continue its significant healthcare and community development efforts, demonstrating a commitment to beneficial social outcomes.

American Journalism Project

The DC-based American Journalism Project got $100,000 for general operations support. The award helps the organization improve local journalism to inform and engage communities.

Arpan

Mumbai-based Arpan received $50,000 for general operations support. This donation allows Arpan to continue preventing child sexual abuse, promoting child safety, and improving Indian society.

Brilliant Detroit

Detroit-based Brilliant Detroit received $100,000 for general operations support. This donation helps the organization establish communities and nurture young children, benefiting Detroit families.

Calcef Innovations

Calcef Innovations (DBA New Energy Nexus) in Sausalito, CA, earned $100,000 for “Energy Peace Partners.” This award helps the organization promote renewable energy and sustainability.

Hartland

The Hartland, VT-based Center on Rural Innovation got $50,000 for general operational support. The organization may innovate and improve rural areas with this award.

City Bureau

Chicago-based City Bureau received $100,000 for general operations support. This award supports the organization’s civic engagement and local journalism activities to empower and enlighten society.

Code2 College

 Code2 College Inc. in Pflugerville, TX received $100,000 for general operations support. This grant supports the organization’s IT sector diversity and underrepresented community education efforts.

Creative Kids

Creative Kids in El Paso got $50,000 for general operations support. This donation allows the group to continue encouraging El Paso youth creativity and creative expression.

Define American

Louisville-based Define American received $100,000 for general operations support. This award allows the group to continue changing the immigration narrative and promoting inclusion in the US.

Vancouver

Vancouver, WA-based Dollar For (previously Dollar For Portland) got $50,000 for general operations support. This donation helps the group raise funds and engage the community, improving Portland.

Educationsuperhighway

Educationsuperhighway in San Francisco received $100,000 for general operations support. This contribution supports the organization’s objective to increase school internet connectivity for equitable education.

Center For Diabetes

Texas’ El Paso Center For Diabetes earned $50,000 for general operations support. This award allows the group to continue diabetes prevention and healthcare access in El Paso.

Entryway

Vienna, VA-based Entryway (previously Shelter to Shutters) got $50,000 for general operations support. This award funds the organization’s homeless shelter and support programs. You can also get great possibilities for your organization from Hershey Foundation Grants, do not miss your opportunities to get enlisted in the grantees list.

Conclusion

The Draper Richards Kaplan Foundation Grant helps people and groups in important ways to solve big problems in society. The foundation’s money supports study, encourages new ideas, and gives projects the money they need to make a difference.  With a total value of $48,438,455 and a new pledge to give $3,350,000, the Draper Richards Kaplan Foundation is a strong force in the world of charity. With an average grant amount of $72,826 and a median grant amount of $50,000, the foundation supports a wide range of projects that work to make the world a better place smartly and effectively.

To learn more about foundation grants, you can simply visit our grantsbuddy page.

Frequently Asked Questions