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Also known as: FOUNDATION C/O WELLS FARGO BANK NA
Walter N And Alberta H Drake Foundation is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2015. The principal officer is % Wells Fargo Bank Na. It holds total assets of $5.2M. Annual income is reported at $883K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Walter N And Alberta H Drake Foundation has made 30 grants totaling $1.2M, with a median grant of $44K. Annual giving has grown from $250K in 2020 to $700K in 2022. Individual grants have ranged from $30K to $50K, with an average award of $40K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Colorado, Missouri, Tennessee, which account for 80% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Walter N And Alberta H Drake Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in CO, MO, TN.
Walter N And Alberta H Drake Foundation has distributed a total of $1.2M across 30 grants. The median grant size is $44K, with an average of $40K. Individual grants have ranged from $30K to $50K.
Walter N And Alberta H Drake Foundation typically selects its grantees rather than accepting unsolicited proposals.
Walter N And Alberta H Drake Foundation is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank Na | TRUSTEE | $57K | $0 | $57K |
| Nancy Wiseman | TRUSTEE | $0 | $0 | $0 |
Total Giving
$366K
Total Assets
$5.2M
Fair Market Value
$6.9M
Net Worth
$5.2M
Grants Paid
$300K
Contributions
$0
Net Investment Income
$179K
Distribution Amount
$324K
Total Grants
30
Total Giving
$1.2M
Average Grant
$40K
Median Grant
$44K
Unique Recipients
16
Most Common Grant
$44K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Project HelpingPROVIDE ASSISTANCE TO SENIORS | Denver, CO | $30K | 2021 |
| Pikes Peak Hospice And Palliative Care IncPALLIATIVE CARE | Colorado Springs, CO | $44K | 2022 |
| Gary Sinise FoundationVETERAN SUPPORT | Nashville, TN | $44K | 2022 |
| Wounded Warrior ProjectVETERAN SUPPORT | Colorado Springs, CO | $44K | 2022 |
| Silver Key Senior ServicesPROVIDE ASSISTANCE TO SENIORS | Colorado Springs, CO |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| $44K |
| 2022 |
| Alzheimers Foundation Of AmericaPROVIDE ASSISTANCE | New York, NY | $44K | 2022 |
| Goodwill Of Southern And Western ColoradoPROVIDE ASSISTANCE TO ALL | Colorado Springs, CO | $44K | 2022 |
| American Lebanese Syrian Assoc Charities IncTREATS CHILDHOOD CANCER | Memphis, TN | $44K | 2022 |
| Guidestone Fin Resources Of The Southern Baptist ConventionPROVIDES FOR THE POOR | Dallas, TX | $44K | 2022 |
| Watered GardensHELP THE POOR IN JESUS' NAME | Joplin, MO | $50K | 2021 |
| Mayo ClinicCLINIC PATIENT BILLS | Rochester, MN | $40K | 2021 |
| Community Clinic Of Southwest MoPROVIDE MEDICAL CARE FOR SENIORS | Joplin, MO | $40K | 2021 |
| Freeman Health SystemPALLIATIVE CARE FUND | Joplin, MO | $30K | 2021 |
| Crosslines Ministries JoplinSERVICES FOR THE ELDERLY | Joplin, MO | $30K | 2021 |
| Mercy Health FoundationCOMPASSIONATE CARE AND SERVICE TO CO | Chesterfield, MO | $30K | 2021 |
| Stephen Siller Tunnel To Towers FdnSMART HOME PROGRAM | Staten Island, NY | $30K | 2020 |
SAINT LOUIS, MO
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