Iowa · Nonprofit
DRAKE UNIVERSITY
DRAKE UNIVERSITY (Iowa) receives grants from 276 organizations whose IRS filings report $43,840,431 to it, the largest being Stine Family Foundation ($4,700,000). 176 of them have funded it in more than one year.
- Revenue FY2025
- $256M
- Funders on record
- 276
- Grants received
- $44M
- Net assets
- $549M
What Drake University does
Mission
See schedule o.drake's mission is to provide an exceptional learning environment that prepares students for meaningful personal lives, professional accomplishments, and responsible global citizenship. The drake experience is distinguished by collaborative learning among students, faculty, and staff and by the integration of the liberal arts and sciences with professional preparation.
As stated on its FY2025 Form 990.
Program
Drake University is a national coeducational, independent and private university with approximately 5,000 students enrolled for the 2024 - 2025 academic year. Drake is accredited by the higher learning commission of the north central association of schools and colleges.
$221,542,092 spentof which $85,687,326 as grants$187,361,971 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $221,542,092.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $506M to $573M (+13%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 5% · 2018 6% · 2019 5% · 2020 6% · 2021 7% · 2022 8% · 2023 6% · 2024 6% · 2025 6%. Grants only. Government contracts and fees sit inside program revenue.
15% of DRAKE UNIVERSITY’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Mark Ernst
Trustee and board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 68 funders to 119 funders, grant income rose $2.0M → $8.4M.
32 of 276 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $14M from 24 payers (the payer shares this organization's board, largest Community Fdn of Greater Des Moines F/K/A Greater Des Moines Community Fdn). These are real filings, and they are not money DRAKE UNIVERSITY raised.
From the IRS filings of DRAKE UNIVERSITY’s funders (the co-funder graph). Top 30 of 276 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
DRAKE UNIVERSITY has a broad base — no single funder exceeds 11% of grant income, and it takes 13 funders to reach half.
the vertical line marks half of all grant income — 13 funders to its left
Largest funder’s share by year: 2017 20% · 2018 18% · 2019 28% · 2020 12% · 2021 10% · 2022 17% · 2023 11% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
53% of DRAKE UNIVERSITY's funders are still giving 3 years after their first grant; 64% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
54% of DRAKE UNIVERSITY's grant income comes from Iowa funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $7.3M arriving through sponsors registered in 18 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
DRAKE UNIVERSITY's funding base is broadening — from 68 funders to 119 as grant income climbed.
this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025
Government funding DRAKE UNIVERSITY receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $134.5M on record — $134.5M federal, $3k state.
- Department of Health and Human Services$115.7M
- Department of Education$14.3M
- National Science Foundation$4.4M
- National Endowment for the Humanities$50k
- National Endowment for the Arts$20k
- Department of Agriculture$5k
- TRAINING$3k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like DRAKE UNIVERSITY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Iowa
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Public support
82%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Community Holdings LLC · disregarded
- College and University Sustainability Project Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for DRAKE UNIVERSITY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds DRAKE UNIVERSITY?
- DRAKE UNIVERSITY (Iowa) receives grants from 276 organizations whose IRS filings report $43,840,431 to it, the largest being Stine Family Foundation ($4,700,000). 176 of them have funded it in more than one year.
- How many funders does DRAKE UNIVERSITY have?
- IRS filings report 276 organizations giving $43,840,431 in grants to DRAKE UNIVERSITY, 176 of which have funded it in more than one year.
- Who is the largest funder of DRAKE UNIVERSITY?
- Stine Family Foundation is the largest funder on record, with $4,700,000 in grants. The full list of funders is on this page.
- How can an organization like DRAKE UNIVERSITY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Drake University →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 276 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing