DRAPER RICHARDS KAPLAN FOUNDATION

EIN: 912172351 501(c)(3) Philanthropy & Grantmaking

MENLO PARK, CA

Total Revenue
$12,362,974
Total Expenses
$17,880,558
Total Assets
$43,758,116
Net Assets
$40,913,479
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
CA
Principal Officer
WILLIAM H DRAPER III
Phone
6503197808
Tax Period
2023-01-01 to 2023-12-31

DRAPER RICHARDS KAPLAN FOUNDATION, founded in 2001, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $12.4M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $17.9M exceeded revenue, resulting in a 45% operating deficit.

Mission

TO FIND, FUND AND SUPPORT EXCEPTIONAL, HIGH IMPACT SOCIAL ENTERPRISES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,218,796
Program Service Revenue $0
Investment Income $-81,244
Other Revenue $225,422
TOTAL REVENUE $12,362,974

Expense Breakdown

Grants Paid $4,300,000
Salaries & Benefits $7,850,146
Fundraising Expenses $1,106,833
Program Expenses $14,081,548
Other Expenses $5,730,412
TOTAL EXPENSES $17,880,558

Year-over-Year Comparison

2023 2022 Change
Revenue $12,362,974 $11,080,088 +0.1%
Expenses $17,880,558 $15,089,762 +0.2%
Net Income $-5,517,584 $-4,009,674 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
42
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$1,376,264
Total Directors
4
$608,735
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM H DRAPER III CO-CHAIR 8.00
Director
$0 $0 $0
ROBIN RICHARDS DONOHOE CO-CHAIR 8.00
Director
$0 $0 $0
ROBERT S KAPLAN CO-CHAIR 8.00
Director
$0 $0 $0
JAMES M BILDNER CEO & BOARD MEMBER 50.00
Officer Director
$505,200 $103,535 $608,735
ZERYN SARPANGAL CFO, CAO 50.00
Officer
$321,845 $98,564 $420,409
NANCY HUANG CHIEF OF STAFF, TREASURER 50.00
Officer
$282,064 $65,056 $347,120
LARA METCALF SENIOR MANAGING DIRECTOR 50.00
Highest
$291,849 $27,213 $319,062
ANIKA WARREN OPERATING PTR, CHIEF ORG EFF OFFICER 50.00
Highest
$321,200 $100,535 $421,735
HOLLY KUZMICH MANAGING DIRECTOR 50.00
Highest
$251,200 $67,860 $319,060
MARGO DRAKOS MANAGING DIRECTOR 50.00
Highest
$235,367 $79,264 $314,631
OLIVER ROTHSCHILD MANAGING DIRECTOR 50.00
Highest
$236,113 $50,824 $286,937
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $12,362,974 $17,880,558 $43,758,116 $-5,517,584
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