Draper Richards Kaplan Foundation
Corporate brand
UnclaimedA global venture philanthropy firm supporting early-stage, high-impact social enterprises with three-year unrestricted funding and intensive support.
Last updated September 16, 2026
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Overview
Draper Richards Kaplan Foundation (DRK) is a global venture philanthropy firm supporting early-stage, high-impact social enterprises. It funds mission-driven nonprofit and for-profit organizations with three-year unrestricted funding, taking a board seat for three years and providing rigorous support to help organizations build capacity and scale. The foundation traces its origins to William H. Draper, III and Robin Richards Donohoe, who began investing together in the venture industry in 1994, concentrating on companies in India. In 2002, the Draper Richards Foundation was formed with a $14 million fund, the majority contributed by Bill and Robin with additional contributions from family members. In 2010, it became the Draper Richards Kaplan Foundation when Robert S. Kaplan joined as co-chair. DRK is a registered 501(c)(3) and qualifies as a public charity.
History
William H. Draper, III, and Robin Richards Donohoe began investing together in the venture industry in 1994, concentrating on companies in India. Since then, they have invested in more than 280 early stage information technology investments in India and the United States. In 2002, the Draper Richards Foundation was formed with a $14 million fund, the majority of which was contributed by Bill and Robin, with additional contributions from family members. Bill and Robin's successful venture capital partnership shaped the foundation's approach and helped create the model followed today. In 2010, the foundation became the Draper Richards Kaplan Foundation when Robert S. Kaplan, Vice Chairman of Goldman Sachs and former President and CEO of the Federal Reserve Bank of Dallas, joined as co-chair. Together, the team raised the Foundation's second, third, fourth, and fifth funds, inviting more than 100 innovative philanthropists to join them as donor partners. Draper Richards Kaplan Foundation is a registered 501(c)(3) and qualifies as a public charity.
Products and positioning
Global venture philanthropy firm supporting early-stage, high-impact social enterprises.
Recent events
Sources6 sources
- 1Global Venture Philanthropy for Social Entrepreneursdrkfoundation.org
- 2Mission, History and Venture Philanthropy Modeldrkfoundation.org
- 3Mission, History and Venture Philanthropy Modeldrkfoundation.org
- 4Meet the Team Behind Our Missiondrkfoundation.org
- 5Draper Richards Kaplan Foundationwikidata.org
- 6Phool.co 完成 140 万美元 Pre-A 轮融资economictimes.indiatimes.com
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