DES MOINES, IA
Drake University
Quick Facts
- EIN
- 42-0680460
- Location
- DES MOINES, IA
- Category
- Education
- NTEE Code
- B430
- Total Assets
- $607.5M
- Annual Income
- $292.5M
- Annual Revenue
- $263.1M
- IRS Ruling Year
- 1950
- Tax Subsection
- 501(c)(03)
About This Organization
Drake University is a nonprofit organization based in DES MOINES, IA. It received its IRS tax-exempt ruling in 1950. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $607.5M. Annual income is $292.5M. The organization has received $5.9M in foundation grants from 35 funders. It has received $2.8B in federal awards from 5 agencies.
Grants Received from Foundations
Foundation grants awarded to Drake University, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Stine Family Foundation | $500K | 2024 | CONTRIBUTION IS FOR THE ROBERT D. AND BILLIE RAY CENTER. |
| Ford Foundation | $100K | 2024 | CORE SUPPORT FOR THE ANNUAL HARKIN INTERNATIONAL DISABILITY EMPLOYMENT SUMMIT |
| Virginia G Piper Charitable Trust 08-11-95 | $30K | 2024 | A Trustee Advised grant designation as follows: $2,500 for the Annual Alumni Fund; $2,500 for the Law School Scholarship Fund; $25,000 for the Darling Institute Scholarship Fund. |
| R&R Realty Group Foundation | $25K | 2024 | GENERAL OPERATING BUDGET |
| R&R Realty Group Foundation | $25K | 2024 | CAPITAL CAMPAIGN |
| John Ruan Foundation Trust | $20K | 2024 | Schools, Colleges and Related Activities |
| William Randolph Hearst Foundation | $8K | 2024 | JAP scholarship |
| H S Ostlin Educational Foundation | $6K | 2024 | SCHOLARSHIP |
| Bookey Family Foundation | $5K | 2024 | TO SUPPORT HIGHER EDUCATION |
| Wittern Family Charitable Foundation | $5K | 2024 | Girls & Boys Club/ Harkin Institute |
| Bernal T Chomeau Private Foundation | $5K | 2024 | Charitable |
| Crozier Family Foundation | $2K | 2024 | General Support |
| Freedom Forum Inc. | $1K | 2024 | FREE SPIRIT SCHOLARSHIP |
| Fidelity Foundation | $200 | 2024 | FIDELITY MATCHING GIFTS TO EDUCATION |
| Ellen Glazer Ziegler Foundation | $919K | 2023 | BURT CLUB RESTRICTED FUND |
| John Ruan Foundation Trust | $850K | 2023 | Schools, Colleges and Related Activities |
| Stine Family Foundation | $500K | 2023 | CONTRIBUTION IS FOR THE ROBERT D. AND BILLIE RAY CENTER. |
| Meredith Corporation Foundation | $400K | 2023 | GENERAL SUPPORT |
| Edwin T Meredith Foundation | $400K | 2023 | EDUCATIONAL |
| Paul Beer Trust Under Will | $362K | 2023 | GENERAL SUPPORT GRANT |
| Noble Foundation | $250K | 2023 | GENERAL SUPPORT |
| Susan J Glazer Foundation | $221K | 2023 | EDUCATIONAL |
| Stine Family Foundation | $200K | 2023 | THE CONTRIBUTION IS FOR SUSTAINING RURAL AMERICA. |
| Ewing Marion Kauffman Foundation | $100K | 2023 | SUPPORT TO HIRE RECRUITERS DEDICATED TO INCREASING ENGAGEMENT FROM UNDERREPRESENTED ENTREPRENEURS IN LOCAL ENTREPRENEUR EDUCATION PROGRAMS AND THE DEVELOPMENT OF COMMUNITY RELATIONSHIPS. 202104-10299 |
| Susan J Glazer Foundation | $82K | 2023 | EDUCATIONAL |
| Susan J Glazer Foundation | $77K | 2023 | EDUCATIONAL |
| Richard Morton & Ruth Bailey Root Charitable Trust Fd | $71K | 2023 | PROMOTE EDUCATION |
| Ersa L Rice Educational Foundation | $66K | 2023 | SCHLOARSHIP |
| William C Knapp Charitable Foundation | $60K | 2023 | GENERAL OPERATING BUDGET |
| Ford Foundation | $50K | 2023 | CORE SUPPORT FOR THE ANNUAL HARKIN INTERNATIONAL DISABILITY EMPLOYMENT SUMMIT |
| Crookham Family Foundation | $50K | 2023 | GENERAL OPERATING BUDGET |
| Georgia Goodell Trust | $41K | 2023 | SCHOLARSHIP AID TO SELECTED |
| Gartner Family Foundation | $40K | 2023 | ROBERT D & BILLIE RAY CENTER |
| Evans Family Charitable Foundation | $40K | 2023 | To aid the organization in their stated mission. |
| Ernst Family Foundation | $40K | 2023 | ONGOING OPERATING SUPPORT |
| Gartner Family Foundation | $40K | 2023 | ROBERT D & BILLIE RAY CENTER |
| Professor I Frank Neff Trust | $35K | 2023 | UNRESTRICTED GENERAL |
| Ellen Glazer Ziegler Foundation | $30K | 2023 | THE DRAKE FUND |
| Virginia G Piper Charitable Trust 08-11-95 | $30K | 2023 | A Trustee Advised grant designation as follows: $2,500 for the Annual Fund; $2,500 for the Law School Scholarship Fund; $25,000 for the capital campaign. |
| Virginia G Piper Charitable Trust 08-11-95 | $30K | 2023 | A Trustee Advised grant designation as follows: $2,500 for the Annual Fund; $2,500 for the Law School Scholarship Fund; $25,000 for the capital campaign. |
| Bernard Osher Foundation | $25K | 2023 | LIFELONG LEARNING INSTITUTES |
| R&R Realty Group Foundation | $25K | 2023 | CAPITAL CAMPAIGN |
| Emc Insurance Foundation | $25K | 2023 | For general support or for a capital fund drive of the respective organization |
| Gartner Family Foundation | $20K | 2023 | INTERNSHIP ENDOWMENT |
| Gartner Family Foundation | $20K | 2023 | INTERNSHIP ENDOWMENT |
| Roy J Carver Charitable Trust | $16K | 2023 | PRIVATE COLLEGE CARVER SCHOLARSHIP PROGRAM |
| The Wellmark Foundation | $15K | 2023 | FUNDS WILL PROVIDE FINANCIAL SUPPORT FOR UP TO SIX (6) SCHOLARSHIPS FOR THE 2022-2024, 2023-2025 OR 2024-2026 PROGRAM COHORTS THAT WILL BE MADE AVAILABLE TO CURRENT EMPLOYEES (OR THE DEPENDENTS OF CURRENT EMPLOYEES) OF BROADLAWNS MEDICAL CENTER, MERCYONE DES MOINES, AND DES MOINES - UNITY POINT (EACH, A "DES MOINES PROVIDER SYSTEM") THAT HAVE WORKED THROUGHOUT THE PANDEMIC OR COMPLETED TEACH/TECH AT BROADLAWNS. |
| Wittern Family Charitable Foundation | $15K | 2023 | Girls & Boys Club/ Harkin Institute |
| Warren L Devries Charitable Trust | $12K | 2023 | SUPPORT FOR LAW SCHOOL |
| Harrison W Harding Charitable Trust Uw | $12K | 2023 | GENERAL OPERATING |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of Health and Human Services | 119 awards totaling $2,696,549,889 | $2.7B | 2025 |
| Department of Education | 23 awards totaling $52,645,304 | $52.6M | 2025 |
| National Science Foundation | 34 awards totaling $14,677,569 | $14.7M | 2025 |
| Department of the Treasury | 5 awards totaling $141,000 | $141K | 2025 |
| National Endowment for the Humanities | 1 awards totaling $47,026 | $47K | 2025 |
Frequently Asked Questions
What does Drake University do?
Drake University is a nonprofit organization focused on education, based in DES MOINES, IA. It is classified under IRC Section 501(c)(03).
Who funds Drake University?
Drake University has received foundation grants from Stine Family Foundation, Ford Foundation, Virginia G Piper Charitable Trust 08-11-95, and others. It has also received federal awards from Department of Health and Human Services, Department of Education, National Science Foundation, among others.
What is Drake University's annual revenue?
Drake University reports total assets of $607.5M. Annual income is $292.5M.
Where is Drake University located?
Drake University is located in DES MOINES, IA.
Is Drake University a 501(c)(3)?
Yes, Drake University is a 501(c)(3) tax-exempt organization. Its EIN is 42-0680460. Donations to this organization may be tax-deductible.
Research This Organization
Similar Organizations in Education
The Trustees Of Grinnell College
GRINNELL, IA
Intermediaryed
MOUNT VERNON, IA
State University Of Iowa Foundation
IOWA CITY, IA
University Of Dubuque
DUBUQUE, IA
St Ambrose University
DAVENPORT, IA
Coe College
CEDAR RAPIDS, IA
More Organizations in Iowa
Is this your organization?
Claim your profile to add programs, impact data, leadership bios, and earn a Granted Transparency Badge. Verified organizations rank higher in search results.
Claim This Organization