The Tennessee State Capitol

Form 990-PFTax year 2024EIN 62-1684643

The Drake Foundation

A private foundation in Germantown, TN. Its return for tax year 2024 lists 2 grants and $178,098 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $178,098

    Grants listed
    2
    Assets, end of year
    $0
  • Tax year 2023

    $175,000

    Grants listed
    2
    Assets, end of year
    $102,122
  • Tax year 2022

    $210,500

    Grants listed
    5
    Assets, end of year
    $75,243
  • Tax year 2021

    $113,500

    Grants listed
    4
    Assets, end of year
    $85,075
  • Tax year 2020

    $83,500

    Grants listed
    4
    Assets, end of year
    $98,121
  • Tax year 2019

    $127,500

    Grants listed
    3
    Assets, end of year
    $180,239
  • Tax year 2018

    $116,000

    Grants listed
    3
    Assets, end of year
    $234,248

Grants paid in 2024

2 grants, largest first

As listed on the return.

  1. Pastoral Leadership InstituteWheaton, IL

    Further exempt purpose

    $175,000
  2. Grace CommunityMontrose, CO

    Further exempt purpose

    $3,098

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Religion1 grant $175,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Illinois1 grant $175,000
  2. Colorado1 grant $3,098

Officers, directors and trustees

1 person as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Darin DrakeSecretary/BOD Hours 0.5Pay $0

The return

More foundations

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Same main cause (religion), giving between a quarter and four times this foundation’s where possible, nearby first.

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  4. PK Seidman Charitable TrustBartlett, TN 21 grants Preselected only $158,200 giving
  5. Tetrick Family FoundationElizabethton, TN 6 grants Accepts applications $152,510 giving