This article has multiple issues. Please help improve it or discuss these issues on the talk page . (Learn how and when to remove these messages)
|
Abbreviation | DRK |
---|---|
Formation | 2002 |
Type | Private foundation |
Headquarters | Menlo Park, CA, United States |
Chief executive officer | Jim Bildner |
Key people |
|
Revenue (2015) | $20,603,194 [1] |
Expenses (2015) | $7,833,298 [1] |
Website | www.drkfoundation.org |
Started in 2002, Draper Richards Kaplan Foundation (DRK Foundation) is a global venture philanthropy firm supporting social enterprises.
The Draper Richards Kaplan Foundation is the philanthropic arm of Draper Richards, a venture capital firm founded by William H. Draper, III and Robin Richards Donohoe in 1994. DRK Foundation was originally founded as the Draper Richards Foundation in 2002 and began by making investments in the United States and India. [2] [3] In 2010, Robert Steven Kaplan joined the Foundation and it changed its name to the Draper Richards Kaplan Foundation. [2]
Since beginning this work in 2002, DRK has invested in more than 245 organizations. Organizations funded include Peepul India in 2020, [4] [5] [6] Watsi in 2013, [7] [8] Kiva in 2007, [9] Living Goods in 2007, [10] and Room to Read in 2002. [11] [12]
Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors that are public initiatives for public good, such as those that focus on the provision of public services. A person who practices philanthropy is a philanthropist.
William Henry Draper III is an American venture capitalist.
Omidyar Network is a self-styled "philanthropic investment firm," composed of a foundation and an impact investment firm. Established in 2004 by eBay founder Pierre Omidyar and his wife Pam, Omidyar Network has committed over US$1.5 billion to nonprofit organizations and for-profit companies across multiple investment areas. According to the OECD, Omidyar Network's financing for 2019 development increased by 10% to US$58.9 million.
Judith Rodin is an American research psychologist, executive, university president, and global thought-leader. She served as the 12th president of the Rockefeller Foundation from 2005 to 2017. From 1994 to 2004, Rodin served as the 7th president of the University of Pennsylvania, and the first permanent female president of an Ivy League university. She is known for her significant contributions to the fields of behavioral medicine and health psychology, higher education, and philanthropy, as well as championing the concepts of impact investing and resilience.
Jean Case is an American businesswoman, author, and philanthropist who is chair of the board of National Geographic, CEO of Case Impact Network, and CEO of the Case Foundation. She is married to AOL co-founder Steve Case.
Venture philanthropy is a type of impact investment that takes concepts and techniques from venture capital finance and business management and applies them to achieving philanthropic goals. The term was first used in 1969 by John D. Rockefeller III to describe an imaginative and risk-taking approach to philanthropy that may be undertaken by charitable organizations.
Candid is an information service specializing in reporting on U.S. nonprofit companies. In 2016, its database provided information on 2.5 million organizations. It is the product of the February 2019 merger of GuideStar with Foundation Center.
Impact investing refers to investments "made into companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return". At its core, impact investing is about an alignment of an investor's beliefs and values with the allocation of capital to address social and/or environmental issues.
The Office of Social Innovation and Civic Participation was an office new to the Obama Administration, created within the White House, to catalyze new and innovative ways of encouraging government to do business differently. Its first director was the economist Sonal Shah. The final director was David Wilkinson.
Draper Richards is a private equity firm focused on venture capital investments in U.S. technology companies. The firm was founded in 1996 by Bill Draper, an early venture capitalist who had previously founded Sutter Hill Ventures, and Robin Richards Donohoe. The firm invests principally on behalf of the Draper Richards Foundation, a non profit organization.
Premal Shah is an Indian-American entrepreneur who co-founded Kiva, a global poverty alleviation non-profit that has raised over $2 billion for low-income entrepreneurs in eighty countries.
Holden Karnofsky is an American nonprofit executive. He is a co-founder and Director of AI Strategy of the research and grantmaking organization Open Philanthropy. Karnofsky co-founded the charity evaluator GiveWell with Elie Hassenfeld in 2007 and is vice chair of its board of directors.
Good Ventures is a private foundation and philanthropic organization in San Francisco, and the fifth largest foundation in Silicon Valley. It was co-founded by Cari Tuna, a former Wall Street Journal reporter, and her husband Dustin Moskovitz, one of the co-founders of Facebook. Good Ventures adheres to principles of effective altruism and aims to spend most or all of its money before Moskovitz and Tuna die. Good Ventures does not have any full-time staff, and instead distributes grants according to recommendations from Open Philanthropy.
The Mulago Foundation is a private foundation focused on high impact philanthropy: they fund high-impact organizations mostly through grants, sometimes with debt or equity. The foundation was originally envisioned by Rainer Arnhold, a San Francisco pediatrician and philanthropist, who taught at Mulago Hospital, Uganda. The foundation was officially created by his brother Henry Arnhold after Rainer Arnhold's death in 1993.
The Canopus Foundation is a registered private charitable institution under German jurisdiction founded in 1997 by Wolfgang Heller and Dr. Peter W. Heller.
Watsi, legally Watsi, Inc., is a nonprofit healthcare crowdsourcing platform that enables individual donors to directly fund medical care for individuals in developing countries without access to affordable medical care.
Stanford Social Innovation Review (SSIR) is a magazine and website that covers cross-sector solutions to global problems. SSIR is written by and for social change leaders from around the world and from all sectors of society—nonprofits, foundations, business, government, and engaged citizens. SSIR's mission is to advance, educate, and inspire the field of social innovation by seeking out, cultivating, and disseminating the best in research- and practice-based knowledge. With print and online articles, webinars, conferences, podcasts, and more, SSIR bridges research, theory, and practice on a wide range of topics, including human rights, impact investing, and nonprofit business models. SSIR is published by the Stanford Center on Philanthropy and Civil Society at Stanford University.
The Peery Foundation is a private foundation based in Palo Alto, California, US. According to its website, it "primarily invests in early to mid-stage social entrepreneurs who are effectively addressing the issues of poverty." It funds local organizations in the Bay Area as well as organizations working to combat poverty and its ill-effects worldwide.
Open Philanthropy is a research and grantmaking foundation that makes grants based on the principles of effective altruism. It was founded as a partnership between GiveWell and Good Ventures. Its current chief executive officer is Alexander Berger, and its main funders are Cari Tuna and Dustin Moskovitz. Moskovitz says that their wealth, worth $16 billion, "belongs to the world. We intend not to have much when we die."
John David Risher is an American businessman and philanthropist. He is the CEO of Lyft, co-founder of Worldreader, a non-profit organization that aims to get children reading so they can reach their potential, and the co-founder of #HalfMyDAF whose goal is to inspire more philanthropic giving.