Draper Richards Kaplan Foundation

What is Draper Richards Kaplan Foundation?

The Draper Richards Kaplan Foundation (DRK) is a global venture philanthropy firm with a mission to find, fund, and support early-stage social impact organizations working to solve the world's most challenging social and environmental issues.

With over $1 billion in assets under management, DRK invests in diverse sectors including IT & TMT, BioTech, Hardware & Manufacturing, Energy, CleanTech, HealthTech & Fitness, and Material Science. They focus on equity investments, with a minimum investment of $500,000 and a maximum of $25,000,000, catering to social enterprises at various stages of growth such as seed, startup, early stage, expansion, later stage, and secondary purchase.

Located at 1600 El Camino Real, Suite 155, Menlo Park, California, their dedication to social entrepreneurship is evident through their substantial reach, with DRK portfolio organizations impacting nearly half a billion lives globally and reducing over 45 million metric tons of GHGs through their sustainability portfolio.

The foundation's investment approach is detailed on their website, emphasizing their commitment to creating hope and change for the better by believing that improvement in the human condition is always possible. Additionally, the foundation seeks to measure impact through a number-focused lens, particularly valuing the lives impacted.

They highlight specific achievements such as their role in the food security and health sectors, and emphasize the importance of capacity building and systems improvement rather than mere disruption. DRK's success stories, donor partnerships, and the processes for funding applications are also featured content illustrating their transparent and impact-driven investment thesis.