The Foundation will look for:
1. Exceptional Entrepreneurs: The Foundation seeks out entrepreneurs who exhibit characteristics of extraordinary leadership: vision, intelligence, influence, ambition, discretion and follow-through. Draper Richards Kaplan entrepreneurs have proven track records that demonstrate a full spectrum of competencies.
2. Potential to Scale: To affect meaningful change upon the major challenges of time, they need big solutions to big problems. They support social enterprises — non-profit, for-profit and hybrid organizations — that can expand enough to directly benefit a large number of beneficiaries and impart enough momentum to influence broader systems that encumber progress. Scaled organizations act as models to other groups in the sector and have the clout to affect policy, public opinion, and economies.
3. Sustainable Impact: The Foundation looks for leveraged solutions that will create lasting positive change. They look for game-changing ideas that create better opportunities and outcomes for the future.
The Foundation funds:
◾Leaders tackling important social issues that can make a difference in the lives of many.
◾Models that have the likelihood to be able to scale.
◾Social enterprises in the early stages of their development where DRK involvement (financial, as a board member and through other support) can make a real difference.
◾Social enterprises that are national or global in reach and/or social issue.
◾On average, organizations are 1-3 years old and the leader is prepared to execute an ambitious plan
◾ U.S. and international organizations.
◾The Foundation supports non-profit, for-profit and hybrid social enterprises..
Utilize This Offer
The Draper Richards Kaplan (DRK) Foundation is accepting applications for its grants program with an aim to achieve substantial positive change in the world.
The Draper Richards Kaplan Foundation has an open application process and accept applications year round. Borrowed from their venture capital legacy they find exceptional entrepreneurs, provide them with 3 years of unrestricted capital (totaling $300,000) and provide rigorous on-going support by joining their board of directors for the 3 years and partnering with the leader to help them to build capacity in their organization and scale their impact.
Deadline: Ongoing (rolling basis).
For more information, please visit https://www.drkfoundation.org/apply-for-funding/what-we-fund/