Draper Richards Kaplan Foundation

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Draper Richards Kaplan Foundation
AbbreviationDRK
Formation2002
TypePrivate foundation
HeadquartersMenlo Park, CA, United States
Chief executive officer
Jim Bildner
Key people
  • William H. Draper
  • Robin Richards Donohoe
  • Robert S. Kaplan
Revenue (2015)
$20,603,194[1]
Expenses (2015)$7,833,298[1]
Websitewww.drkfoundation.org

Started in 2002, Draper Richards Kaplan Foundation (DRK Foundation) is a global venture philanthropy firm supporting early stage, high impact social enterprises. Borrowed from its venture capital legacy, DRK finds, funds and supports exceptional leaders building innovative solutions to some of the world’s most challenging problems.

History[]

The Draper Richards Kaplan Foundation is the philanthropic arm of Draper Richards, a venture capital firm founded by William H. Draper, III and Robin Richards Donohoe in 1994. DRK Foundation was originally founded as the Draper Richards Foundation in 2002 and began by making investments in the United States and India.[2][3] In 2010, Robert Steven Kaplan of the Harvard Business School joined the Foundation and it changed its name to the Draper Richards Kaplan Foundation.[2]

Portfolio[]

Since beginning this work nearly 20 years ago, DRK has invested in more than 180 organizations who have collectively impacted over 150 million lives to date. Organizations funded include Peepul India in 2020,[4][5][6] Watsi in 2013,[7][8] Kiva in 2007,[9] Living Goods in 2007,[10] and Room to Read in 2002.[11][12]

Reception[]

Charity evaluator GiveWell listed the DRK Foundation as one of the foundations whose grantees it would examine as potential candidates for charities to recommend.[13]

See also[]

References[]

  1. ^ Jump up to: a b "Draper Richards Kaplan Foundation" (PDF). Foundation Center. 23 November 2016. Retrieved 21 December 2017.
  2. ^ Jump up to: a b "History". Draper Richards Kaplan Foundation. Retrieved March 26, 2014.
  3. ^ "History". Draper Richards. Retrieved March 26, 2014.
  4. ^ "Our Partners". Peepul. Retrieved 2021-02-28.
  5. ^ "Creating Impact in a Volatile World — Lessons Learned from the Front Lines (SSIR)". ssir.org. Retrieved 2021-02-28.
  6. ^ "Peepul | DRK Foundation | Supporting passionate, high impact social enterprises". Retrieved 2021-02-28.
  7. ^ "About". Watsi. Retrieved March 26, 2014.
  8. ^ "Announcing our $1.2M 'philanthropic seed round'". July 25, 2013. Archived from the original on February 12, 2014. Retrieved March 26, 2014.
  9. ^ Ramsey, Fiona (February 28, 2007). "Kiva.org supported by the Draper Richards Foundation". Kiva. Retrieved March 26, 2014.
  10. ^ "Chuck Slaughter: Founder and President". Living Goods. September 25, 2013. Archived from the original on January 28, 2014. Retrieved March 26, 2014.
  11. ^ "DRAPER RICHARDS FOUNDATION AWARDS FELLOWSHIP GRANT TO ROOM TO READ. Organization to spearhead growth in new areas". Room to Read. November 18, 2002. Archived from the original on May 18, 2015. Retrieved March 26, 2014.
  12. ^ "Our Entrepreneurs". Draper Richards Kaplan Foundation. Retrieved March 26, 2014.
  13. ^ Karnofsky, Holden (February 21, 2011). "GiveWell's plan for 2011: specifics of research". GiveWell. Retrieved March 26, 2014.

External links[]

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