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Drago Foundation is a private corporation based in METAIRIE, LA. The foundation received its IRS ruling in 2005. The principal officer is Tommy Cvitanovich. It holds total assets of $49K. Annual income is reported at $205. Total assets have grown from $32K in 2011 to $49K in 2022. The foundation is governed by 3 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2022. According to available records, Drago Foundation has made 25 grants totaling $232K, with a median grant of $3K. Annual giving has grown from $27K in 2020 to $97K in 2022. Grantmaking activity was highest in 2021 with $108K distributed across 3 grants. Individual grants have ranged from $400 to $107K, with an average award of $9K. The foundation has supported 15 unique organizations. Grant recipients are concentrated in Louisiana. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Drago Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in LA.
Drago Foundation has distributed a total of $232K across 25 grants. The median grant size is $3K, with an average of $9K. Individual grants have ranged from $400 to $107K.
Drago Foundation typically selects its grantees rather than accepting unsolicited proposals.
Drago Foundation is headquartered in METAIRIE, LA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tommy Cvitanovich | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Gerald Cvitanovich | VICE PRESIDENT | $0 | $0 | N/A |
| Klara Cvitanovich | SECRETARY/TREASURER | $0 | $0 | N/A |
Total Giving
$48K
Total Assets
$49K
Fair Market Value
$49K
Net Worth
$48K
Grants Paid
$48K
Contributions
$200
Net Investment Income
N/A
Distribution Amount
$4K
Total Grants
25
Total Giving
$232K
Average Grant
$9K
Median Grant
$3K
Unique Recipients
15
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christian Brothers SchoolTO HELP PROVIDE SUPPORT FOR STUDENTS WHOSE FAMILY CAN NOT AFFORD TUITION PAYMENTS. | New Orleans, LA | $20K | 2022 |
| Catholic Community FoundationTO PROVIDE SUPPORT TO THE CATHOLIC COMMUNITY. | Metairie, LA | $10K | 2022 |
| Louisiana Hospitality FoundationTO HELP PROVIDE SUPPORT IN ORDER TO STRENGTHEN LOUISIANA'S HOSPITALITY INDUSTRY THROUGH SUPPORT OF INDIVIDUAL WITHIN THE COMMUNITY. | New Orleans, LA | $5K | 2022 |
| Ochsner Clinic FoundationTO PROVIDE SUPPORT IN ORDER TO SECURE AND MANAGE PHILANTHROPIC RESOURCES TO SUPPORT THE MISSION TO SERVE, HEAL, LEAD, EDUCATE & INNOVATE. | Jefferson, LA | $5K | 2022 |
| St Claire ChurchTO HELP PROVIDE SUPPORT FOR THE ST. CLARE MONASTERY IN NEW ORLEANS, LA. | New Orleans, LA | $3K | 2022 |
| Al Copeland FoudationTO PROVIDE SUPPORT FOR CANCER RESEARCH. | Metairie, LA | $3K | 2022 |
| Mystick Krewe Of Louisiana MuseumTO PROVIDE SUPPORT TO UPHOLD ONE OF THE HERITAGES OF LOUISIANA. | Baton Rouge, LA | $1K | 2022 |
| Second HarvestTO HELP PROVIDE SUPPORT FOR THE FIGHT AGAINST HUNGER IN SOUTH LOUISIANA. | New Orleans, LA | $500 | 2022 |
| Reyna VillalobosTO HELP PROVIDE SUPPORT OF LOVED ONE. | Metairie, LA | $500 | 2022 |
| Holy Cross High SchoolTO HELP PROVIDE SUPPORT FOR EDUCATION IN THE NEW ORLEANS AREA. | New Orleans, LA | $500 | 2022 |
| Citizens Of Southeast LouisianaTO PROVIDE MEALS & SUPPLIES FOR HURRICANE IDA VICTIMS ACROSS SOUTHEAST, LOUISIANA. | Metairie, LA | $107K | 2021 |
| East Baton Rouge Parish Sheriff'S OfficeTO PROVIDE SUPPORT FOR FAMILY OF FALLEN LAW ENFORCEMENT OFFICER OF LOUISIANA. | New Orleans, LA | $1K | 2021 |
| St Vincent DepaulTO HELP PROVIDE PERSON TO PERSON SERVICES OF PERSONS IN NEED. | New Orleans, LA | $400 | 2021 |
| Back The Blue Of Baton RougeTO PROVIDE SUPPORT FOR FAMILIES OF FALLEN LAW ENFORCMENT OFFICERS OF BATON ROUGE, LOUISIANA. | Baton Rouge, LA | $22K | 2020 |
| Citizens Of Lake CharlesTO PROVIDE MEALS FOR HURRICANE LAURA AND HURRICANE DELTA VICTIMS IN LAKE CHARLES, LOUISIANA. | Lake Charles, LA | $5K | 2020 |