The Drake Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Drake Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 62-1684643
Foundation Overview
Based in Collierville, TN, The Drake Foundation has awarded 39 grants totaling $1,550,100 to organizations in Kentucky, Tennessee and 4 other states across the US. Individual grants range from $1,000 to $200,000, with a median award of $6,000.
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
Grants are geographically diversified with 36% in Tennessee and funding distributed across 6 total locations. This foundation values broad geographic impact and diverse community partnerships. Within Tennessee, funding concentrates in Collierville (64%), Memphis (14%), Germantown (7%).
Funding Trajectory
Declining funding trend with 13% decrease over 8 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.
Program Areas
Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into The Drake 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 |
|---|---|---|---|---|
| Pastoral Leadership Institute | $150,000 | Wheaton, IL, US | Further Exempt Purpose | 2023 |
| Fairfield Glade First Baptist Church | $25,000 | Crossville, TN, US | Further Exempt Purpose | 2023 |
| Owensboro Innovation Academy | $1,000 | Owensboro, KY, US | Further Exempt Purpose | 2022 |
| Jdrf | $6,000 | Collierville, TN, US | Further Exempt Purpose | 2022 |
| Pastoral Leadership Institute | $200,000 | Wheaton, IL, US | Further Exempt Purpose | 2022 |
| Ymca Of Greater Scranton | $1,000 | Dunmore, PA, US | Further Exempt Purpose | 2022 |
| Green River Down Syndrome Association | $2,500 | Owensboro, KY, US | Further Exempt Purpose | 2022 |
| Owensboro Innovation Academy | $1,000 | Owensboro, KY, US | Further Exempt Purpose | 2022 |
| Jdrf | $6,000 | Collierville, TN, US | Further Exempt Purpose | 2022 |
| Pastoral Leadership Institute | $200,000 | Wheaton, IL, US | Further Exempt Purpose | 2022 |
| Ymca Of Greater Scranton | $1,000 | Dunmore, PA, US | Further Exempt Purpose | 2022 |
| Green River Down Syndrome Association | $2,500 | Owensboro, KY, US | Further Exempt Purpose | 2022 |
| Owensboro Innovation Academy | $1,000 | Owensboro, KY, US | Further Exempt Purpose | 2022 |
| Jdrf | $6,000 | Collierville, TN, US | Further Exempt Purpose | 2022 |
| Pastoral Leadership Institute | $200,000 | Wheaton, IL, US | Further Exempt Purpose | 2022 |
| Ymca Of Greater Scranton | $1,000 | Dunmore, PA, US | Further Exempt Purpose | 2022 |
| Green River Down Syndrome Association | $2,500 | Owensboro, KY, US | Further Exempt Purpose | 2022 |
| Green River Down Syndrome Association | $2,500 | Owensboro, KY, US | Further Exempt Purpose | 2021 |
| Jdrf | $6,000 | Collierville, TN, US | Further Exempt Purpose | 2021 |
| Pastoral Leadership Institute | $100,000 | Wheaton, IL, US | Further Exempt Purpose | 2021 |
| Ymca Of Greater Scranton | $5,000 | Dunmore, PA, US | Further Exempt Purpose | 2021 |
| Green River Down Syndrome Association | $2,500 | Owensboro, KY, US | Further Exempt Purpose | 2020 |
| Jdrf | $25,000 | Collierville, TN, US | Further Exempt Purpose | 2020 |
| Pastoral Leadership Institute | $50,000 | Wheaton, IL, US | Further Exempt Purpose | 2020 |
| Kindred Place | $6,000 | Memphis, TN, US | Further Exempt Purpose | 2020 |
| Kindred Place | $1,000 | Memphis, TN, US | Further Exempt Purpose | 2018 |
| Montrose Community Foundation | $5,000 | Montrose, CO, US | Further Exempt Purpose | 2018 |
| Pastoral Leadership Institute | $110,000 | Wheaton, IL, US | Further Exempt Purpose | 2018 |
| Hopewest | $10,000 | Montrose, CO, US | Further Exempt Purpose | 2017 |
| Jdrf | $10,000 | Collierville, TN, US | Further Exempt Purpose | 2017 |
| Pastoral Leadership Institute | $50,000 | Wheaton, IL, US | Further Exempt Purpose | 2017 |
| Faith Lutheran Church | $3,600 | Collierville, TN, US | Further Exempt Purpose | 2017 |
| Houston High School Band | $5,000 | Germantown, TN, US | Further Exempt Purpose | 2016 |
| Pastoral Leadership Institute | $100,000 | Wheaton, IL, US | Further Exempt Purpose | 2016 |
| Lutheran Church Mo Synod | $25,000 | Cordova, TN, US | Further Exempt Purpose | 2016 |
| Faith Lutheran Church | $15,000 | Collierville, TN, US | Further Exempt Purpose | 2016 |
| Jdrf | $10,000 | Collierville, TN, US | Further Exempt Purpose | 2016 |
| Pastoral Leadership Institute | $200,000 | Wheaton, IL, US | Further Exempt Purpose | 2015 |
| Heifer International | $2,000 | Little Rock, AR, US | Further Exempt Purpose | 2015 |
Foundations Similar to The Drake Foundation
Discover 5 foundations with comparable assets ($100,452-$106,856), similar grant patterns, and geographic focus in TN 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 |
|---|---|---|---|---|
|
Wartburg Church Of Christ Crut 71-8805583
EIN: 87-6716328 | 5 grants awarded |
$100,528
(≈ Similar) |
$10,422
median grant |
Knoxville, TN
Same state |
|
|
First Baptist Church Of Wartburg Crut
EIN: 87-6712322 | 5 grants awarded |
$100,495
(≈ Similar) |
$10,497
median grant |
Knoxville, TN
Same state |
|
|
Dominski Family Foundation
EIN: 85-6811669 | 11 grants awarded |
$100,452
(≈ Similar) |
$5,000
median grant |
Mount Juliet, TN
Same state |
|
|
Rains G Hays Testamentary Trust
EIN: 35-6721689 | 99 grants awarded |
$105,101
(≈ Similar) |
$5,000
median grant |
La Follette, TN
Same state |
|
|
E B Coburn Scholarship Trust
EIN: 62-6199961 | 12 grants awarded |
$106,856
(≈ Similar) |
$5,623
median grant |
Dyersburg, TN
Same state |
|
Related Foundation Resources in TN:
Contact Information
Official contact details for The Drake Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 62-1684643 |
| Website | N/A |
| Address | 482 HALLE PARK DRIVE SUITE 101 Collierville, TN 38017-7092 |
Key People (1)
Board members, trustees, and key staff who oversee The Drake Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Secretary/bod | Darin Drake |
|---|
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 Drake 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
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