The Draper Richards Kaplan Foundation

The Draper Richards Kaplan Foundation (DRK Foundation) operates as a leading venture philanthropy firm, a model distinct from traditional venture capital, focusing exclusively on supporting early-stage social enterprises with high potential for scalable impact. Founded with the belief that social entrepreneurs can drive significant change, DRK identifies and funds visionary leaders tackling critical global challenges across diverse sectors. Their unique approach combines financial capital with rigorous, hands-on operational support, aiming to build robust and sustainable organizations that can achieve deep systemic change.

DRK Foundation's core funding model involves providing a substantial commitment of unrestricted capital to its selected entrepreneurs. Each organization receives $300,000 in unrestricted funding, typically disbursed over a three-year period. This flexible capital allows social enterprises to allocate resources where they are most needed, fostering innovation and adaptability. Beyond the financial investment, DRK provides invaluable strategic guidance by assigning a dedicated board member from its team to each portfolio organization. This partnership extends to offering access to extensive networks, mentorship, and operational expertise, helping entrepreneurs navigate the complexities of scaling their impact.

Since its inception, DRK Foundation has demonstrated a profound commitment to fostering social innovation globally. They have supported over 200 organizations worldwide, addressing issues ranging from education and healthcare to environmental sustainability and economic development. Their investment philosophy is rooted in the belief that strong leadership and innovative solutions are paramount to solving pressing societal problems. By focusing on the social return on investment rather than financial exits, DRK empowers its entrepreneurs to prioritize their mission and achieve lasting, transformative change in the communities they serve.