DRK Foundation Funding for Early-Stage Social Enterprises
Draper Richards Kaplan Foundation (DRK)
Overview The Draper Richards Kaplan Foundation (DRK) provides long-term catalytic funding and hands-on support to early-stage social enterprises tackling urgent social and environmental challenges. DRK is a venture philanthropy foundation that backs exceptional leaders and organisations with scalable solutions that improve the lives of underserved communities. Funding and support offered Selected organisations can receive up to USD 300,000 in unrestricted grant funding or investment capital over a three-year period, usually in multiple tranches. DRK also provides intensive capacity support that can be worth up to USD 500,000 in in-kind value. This support may include strategic guidance, fundraising support, financial sustainability planning, hiring and talent support, governance support, impact measurement, scaling strategy, and access to DRK's global network. Board and advisory involvement A DRK senior team member typically serves on the organisation's board for three years and works closely with the leadership team. This is not only a funding opportunity; it is a deep partnership intended to help the organisation strengthen its systems, strategy, fundraising, and pathway to scale. Who it is for DRK funds nonprofits, mission-driven for-profit businesses, and fiscally sponsored projects. The strongest candidates are usually post-pilot and pre-scale, with a product, programme, or service already being used in the market or field and early evidence that the model works. DRK often looks for organisations around three to five years old, though decisions are made case by case. Geographic focus DRK primarily funds organisations operating in the United States, Africa, Europe, and India, with occasional investments in Latin America. Organisations outside these regions should check DRK's current guidance before applying. Application process Applications are accepted year-round. The online application normally takes about 30-60 minutes. Applicants should upload a written executive summary, pitch deck, or business plan and may optionally include supporting materials such as financials or impact reports. What DRK looks for DRK is interested in innovative models with direct impact on underserved populations, a strong founder or leadership team, evidence of demand or traction, a credible path to financial sustainability, and potential to reach significant scale over time.
Location: United States, Africa, Europe, India, and occasional Latin America investments
Deadline: Rolling / not specified