The Draper Richards Foundation has made a significant impact through its investments in social enterprises. They've invested in over 100 organizations worldwide, providing crucial funding and support to help them scale and grow.
One of these investments is the organization, 826 National, which received funding to support its mission of providing writing and tutoring programs for under-resourced youth. This investment helped the organization expand its reach and impact.
The Draper Richards Foundation's investments have also helped organizations like the National Alliance to End Homelessness, which received funding to support its efforts to end homelessness in the US. This investment has helped the organization make significant progress in its mission.
The Foundation's investments have had a tangible impact on the lives of millions of people worldwide.
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About Draper Richards
The Draper Richards Kaplan Foundation is the philanthropic arm of Draper Richards, a venture capital firm founded in 1994 by William H. Draper, III and Robin Richards Donohoe.
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Draper Richards is based in Menlo Park, California, which is a great location for any business or foundation looking to make a name for itself in the tech industry.
The foundation was originally founded as the Draper Richards Foundation in 2002, making it over 20 years old.
Draper Richards has a strong presence in the US, and its foundation is no exception, being classified as one of the many foundations based in the United States.
Here are some key facts about Draper Richards' establishment:
- Founded in 1994
- Located in Menlo Park, California
- Originally founded as the Draper Richards Foundation in 2002
- Classified as a foundation based in the United States
What We Do
We're a social impact investing firm that's dedicated to supporting entrepreneurs who are making a real difference in the world. We provide funding and resources to help them scale their solutions and achieve greater impact.
We focus on tackling some of the world's most pressing social problems, such as poverty, education, and healthcare. Our investments are designed to be catalytic, meaning they help entrepreneurs overcome the barriers that are holding them back from achieving their full potential.
We've invested in over 100 organizations to date, and we're proud of the progress that's been made.
Portfolio
We've invested in over 225 organizations since starting this work in 2002. Our portfolio is a testament to our commitment to supporting innovative solutions to global challenges.
We've had the privilege of funding Peepul India in 2020, a organization making a significant impact in its community.
In 2013, we invested in Watsi, a pioneering platform that's changing the way we approach healthcare financing.
We've also supported Kiva in 2007, a groundbreaking organization that's democratizing access to financial services.
Living Goods is another organization we've invested in, also in 2007, which is working tirelessly to improve health outcomes in underserved communities.
And finally, we've been long-time supporters of Room to Read, which we first invested in back in 2002, helping to bring education and literacy to those who need it most.
Foundation Portfolio Exits
We've had the opportunity to work with some amazing organizations, and one of them is the Draper Richards Kaplan Foundation.
Draper Richards Kaplan Foundation has a notable track record of supporting innovative ideas, with at least one portfolio exit. Their latest portfolio exit was Kinvolved on January 25, 2022.
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Sources
- https://en.wikipedia.org/wiki/Draper_Richards_Kaplan_Foundation
- https://www.guidestar.org/profile/91-2172351
- https://www.hbs.edu/recruiting/insights-and-advice/blog/post/why-we-recruit-draper-richards-kaplan-foundation
- https://www.cbinsights.com/investor/draper-richards-kaplan-foundation
- https://www.instrumentl.com/990-report/draper-richards-kaplan-foundation
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