Draper Richards Kaplan Foundation Accepts Applications for funding Year Round

Draper Richards Kaplan Foundation (DRK)’s hope is to support outsized impact through entrepreneurs and enterprises that create a transformational paradigm shift to meaningfully address a pressing societal problem affecting people’s lives.

Completing an application is the first step of our process to help us get to know you and your social enterprise so we can assess your initial fit for our portfolio.

The online application should take about 30-60 minutes to complete. If you would like to save your progress and resume later, please be sure to check the box at the top of the online form to save your information.

Please upload with your application a written executive summary, pitch deck, or business plan document addressing the following topics.  Any additional materials (e.g. financials) are welcome, but completely optional.

Draper Richards Kaplan Foundation Funding Application

Eligibility Criteria

  • A project(s) that is part of an established, mature organization (unless there is a plan to spin out).
  • An organization whose sole focus is the development of research.
  • A Program(s) promoting religious doctrine.
  • A U.S. 501(c)(4) organization.
  • An idea or pre-pilot stage organization. 
  • An awareness or field building campaign.
  • A for-profit where your investors are primarily focused on investment returns.
  • As a U.S. based non-profit organization, by law, we do not fund organizations in the following countries.
  • An organization that does not plan to significantly expand or scale your impact to achieve your mission.

DRK Does Not Fund:

  • Idea or pre-pilot stage organizations. 
  • Organizations that do not plan to expand or scale their impact to achieve their mission.
  • Projects housed within an established, mature organization (unless there is a plan to spin out).
  • Awareness or field building campaigns.
  • Organizations whose sole focus is the development of research.
  • Programs promoting religious doctrine.
  • US 501(c)4 organizations.

Grant Awarded

Draper Richards Kaplan Foundation (DRK) investments are distributed twice a year over a three-year term, totaling $300,000. For for-profit organizations, we typically make program-related investments with an initial investment of $150,000 and we’ll do a subsequent investment of another $150,000 depending on the achievement of certain organizational metrics and milestones.

Problem and solution

  • Succinctly describe the mission and objectives of the organization.
  • Describe the social problem your organization addresses.
  • Describe the solution your organization provides.

Impact

  • Explain how your organization improves on existing efforts, with specific names of organizations addressing the same problem if possible/relevant.
  • Explain how your approach is systemic and unique.
  • Describe the organization’s tangible results to date, detailing how you plan to measure organizational outcomes and success in the future.

Scale

  • Explain how you plan to scale the organization over time.
  • Explain the main sources of income that your organization will use to sustain your work over time.

Leader

  • Please attach a standard resume/CV for the entrepreneur(s), not simply a text bio.

Method of Application

Interested and qualified start-ups should visit the application portal for more information:

VISIT ONLINE FUNDING APPLICATION PORTAL


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