The George And Grace Dragas Family Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The George And Grace Dragas Family Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 54-1569136
Foundation Overview
Based in Virginia Beach, VA, The George And Grace Dragas Family Foundation has awarded 12 grants totaling $4,685,850 to organizations in Virginia. Individual grants range from $2,500 to $1,265,400, with a median award of $173,075.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
2 total grants. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.
Geographic Focus
100% of all grants are concentrated in Virginia, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Virginia, funding concentrates in Va Beach (92%), Norfolk (8%).
Funding Trajectory
Declining funding trend with 99% decrease over 8 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.
Program Areas
Diversified giving across multiple program areas with primary emphasis on general purposes (50%). This broad approach suggests openness to various causes and innovative cross-sector solutions.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into The George And Grace Dragas Family Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Old Dominion University | $5,000 | Norfolk, VA, US | Educational | 2024 |
| Va Beach Marine Center | $2,500 | Va Beach, VA, US | Civic | 2024 |
| See Statement | $11,500 | Va Beach, VA, US | Various | 2023 |
| See Statement | $28,250 | Va Beach, VA, US | Various | 2022 |
| See Statement | $28,250 | Va Beach, VA, US | Various | 2022 |
| See Statement | $28,250 | Va Beach, VA, US | Various | 2022 |
| See Statement | $826,750 | Va Beach, VA, US | Various | 2021 |
| See Statement | $708,250 | Va Beach, VA, US | Various | 2020 |
| See Statement | $381,600 | Va Beach, VA, US | Various | 2019 |
| See Statement | $1,082,200 | Va Beach, VA, US | Various | 2018 |
| See Statement | $317,900 | Va Beach, VA, US | Various | 2017 |
| See Statement | $1,265,400 | Va Beach, VA, US | Various | 2016 |
Foundations Similar to The George And Grace Dragas Family Foundation
Discover 5 foundations with comparable assets ($0-$0), similar grant patterns, and geographic focus in VA that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Institute For Critical Care Foundation
EIN: 82-4063979 | 9 grants awarded |
$0
(≈ Similar) |
$275,000
median grant |
Mc Lean, VA
Same state |
|
|
Cottonwood Foundation
EIN: 26-1531086 | 2 grants awarded |
$0
(≈ Similar) |
$136,121.5
median grant |
Arlington, VA
Same state |
|
|
Marquette Charitable Organization
EIN: 36-6055852 | 22 grants awarded |
$0
(≈ Similar) |
$88,025
median grant |
Washington, VA
Same state |
|
|
Katalytic Foundation Inc
EIN: 83-2604166 | 36 grants awarded |
$0
(≈ Similar) |
$100,000
median grant |
Tysons, VA
Same state |
|
|
Drake Family Foundation
EIN: 20-3501275 | 4 grants awarded |
$0
(≈ Similar) |
$303,992
median grant |
Williamsburg, VA
Same state |
|
Related Foundation Resources in VA:
Contact Information
Official contact details for The George And Grace Dragas Family Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 54-1569136 |
| Website | N/A |
| Address | 4538 BONNEY ROAD Virginia Beach, VA 23462-3875 |
Key People (2)
Board members, trustees, and key staff who oversee The George And Grace Dragas Family Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Director | Helen E Dragas |
|---|---|
| Director | Lewis Warrington Webb Iv |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for The George And Grace Dragas Family Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.