Indiana · Private foundation
The Drexel Fund
THE DREXEL FUND IS A VENTURE PHILANTHROPY FUND THAT INVESTS AND PARTNERS IN THE GROWTH OF HIGH QUALITY, FINANCIALLY SUSTAINABLE NETWORKS OF FAITH BASED OR OTHER PRIVATE SCHOOLS Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.
- $3.7M
- Granted FY2024(still arriving)
- 55
- Grants FY2024
- 31
- Organizations funded FY2023
- 81%
- First-time grantees FY2023
- Median grant, FY2024
- $56,000
- Largest grant, FY2024
- $275,000
- Organizations funded a year
- 5 to 38
- FY2017 to FY2023
- States reached, FY2024
- 16
- Total assets, FY2024
- $22M
- Applications
- Preselected organizations only
- Per its most recent filing; check its own site
How open it is to new grantees
In FY2023, 81% of the organizations The Drexel Fund funded were first-time grantees, receiving 64% of its grant dollars.
New vs renewed · share of each year
In FY2023, 36% of grant dollars renewed an existing relationship; $1.7M went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 55 | $3.7M | 71% |
| FY2023 | 31 | $2.6M | 81% |
| FY2022 | 38 | $2.5M | 79% |
| FY2021 | 22 | $3.1M | 32% |
| FY2020 | 24 | $3.1M | 42% |
| FY2019 | 16 | $2.6M | 81% |
| FY2018 | 9 | $4.3M | 89% |
| FY2017 | 5 | $2.1M | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Where its grants go
Grant dollars by states, across the years we hold.
Which US states its grants reach
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Fugees Family Inc | $2,305,600 | 4 | 83% |
| Cristo Rey Network | $1,480,000 | 5 | 13% |
| Partnership for Inner City Education Dba Partnership Schools | $1,075,000 | 3 | 5% |
| The Oaks Academy Inc | $1,057,000 | 3 | 9% |
| Julie Billiart Network | $1,012,000 | 3 | 11% |
| Seton Education Partners | $997,000 | 6 | 7% |
| Good Shepherd Mission Networkinc | $757,600 | 2 | 35% |
| Build Up | $630,600 | 3 | 57% |
| Lutheran Urban Mission Initiative Inc | $538,100 | 3 | n/a |
| St Augustine Preparatory Academy Inc | $525,000 | 2 | 2% |
Show all 86 grantees
What it could do for these grantees
Plus 51 recipients with no EIN on record ($4.2M), not named here.
Where it is load-bearing
The Drexel Fund supplied at least a quarter of the budget for 10 of its grantees at some point. The chart plots its 57 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Cristo Rey Network · The Center for Education Reform · The Lynde and Harry Bradley Foundation Inc · Charter Fund Inc D/B/A Charter School Growth Fund · New Schools Fund · Pwc Foundation Inc · City Forward Collective Inc · The Howley Foundation · The Robert D and Patricia E Kern Family Foundation Inc · Louis Calder Foundation · Community Foundation of Tampa Bay Inc · Greater Milwaukee Foundation Inc
How this is measured
About The Drexel Fund
- How much does The Drexel Fund give?
- The Drexel Fund reported 55 grants totaling $3,716,156 in its FY2024 IRS filing. It funded between 5 and 38 organizations a year over FY2017 to FY2023.
- What does The Drexel Fund fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Education (87%), Youth Development (3%), Religion (2%).
- Who are The Drexel Fund's largest grantees?
- By total granted over FY2017 to FY2024: Fugees Family Inc ($2.3M), Cristo Rey Network ($1.5M), Partnership for Inner City Education Dba Partnership Schools ($1.1M).
- Does The Drexel Fund fund new organizations?
- In FY2023, 81% of the organizations it funded were first-time grantees.
- Does The Drexel Fund accept unsolicited applications?
- Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
- Which funders back the same organizations as The Drexel Fund?
- Its strongest co-funders, measured against what their size predicts, include Cristo Rey Network, The Center for Education Reform, The Lynde and Harry Bradley Foundation Inc.
- Where is The Drexel Fund based?
- The Drexel Fund is based in IN.
Play a game based on Drexel’s filings →