Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
THE DRAPER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)55 EAST 3RD AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN MATEO, CA94401
A Employer identification number

94-3256415
B Telephone number (see instructions)

(415) 601-6111
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$124,299,561J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 190,906
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 586,773 574,995  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,601,369
b Gross sales price for all assets on line 6a 12,414,502
7 Capital gain net income (from Part IV, line 2)... 7,679,319
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
-1,013,279 -1,013,279  
12 Total. Add lines 1 through 11........ 6,365,769 7,241,035  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
9,596 0   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
44,700 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
261,339 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
69,209 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
202,900 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 587,744 0   0
25 Contributions, gifts, grants paid....... 4,339,755 4,588,809
26 Total expenses and disbursements. Add lines 24 and 25 4,927,499 0   4,588,809
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,438,270
b Net investment income (if negative, enter -0-) 7,241,035
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 44,132,348 38,178,564 38,178,564
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 64,217,826 Click to see attachment
List of Attached Documents:
// Content
15,820,404 		15,820,404
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 79,425,797 Click to see attachment
List of Attached Documents:
// Content
63,127,721 		63,127,721
14 Land, buildings, and equipment: basis right arrow6,589,128
Less: accumulated depreciation (attach schedule) right arrow135,972 6,512,563 Click to see attachment
List of Attached Documents:
// Content
6,453,156 		6,453,156
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
860,658 		Click to see attachment
List of Attached Documents:
// Content
719,716 		Click to see attachment
List of Attached Documents:
// Content
719,716
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 195,149,192 124,299,561 124,299,561
Liabilities 17 Accounts payable and accrued expenses.......... 4,896 15,369
18 Grants payable................. 497,164 248,111
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,404,412 		Click to see attachment
List of Attached Documents:
// Content
289,489
23 Total liabilities (add lines 17 through 22)......... 2,906,472 552,969
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 192,242,720 123,746,592
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 192,242,720 123,746,592
30 Total liabilities and net assets/fund balances (see instructions). 195,149,192 124,299,561
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
192,242,720
2
Enter amount from Part I, line 27a .....................
2
1,438,270
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,084,793
4
Add lines 1, 2, and 3 ..........................
4
195,765,783
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
72,019,191
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
123,746,592
Form 990-PF (2022)
Form 990-PF (2022)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 105 SHS - ALIBABA GROUP HLDG D 2018-03-07 2022-06-22
b 7,262 SHS - YEXT INC D 2018-01-25 2022-06-27
c 1,700 SHS - ICICI BANK LTD D 2008-01-24 2022-12-06
d 23,113 SHS - ANAPLAN INC D 2014-05-08 2022-06-23
e 15,717 SHS - TWITTER INC D 2011-02-04 2022-10-31
0.8 SHS - XPERI INC D 2021-01-01 2022-10-03
475.85 BITCOIN P 2020-05-07 2022-09-09
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 11,048   19,850 -8,802
b 39,353   88,778 -49,425
c 38,312   17,874 20,438
d 1,473,454   186,225 1,287,229
e 851,861   100,516 751,345
13     13
10,000,000   4,321,940 5,678,060
461     461
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -8,802
b       -49,425
c       20,438
d       1,287,229
e       751,345
      13
      5,678,060
      461
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 7,679,319
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 100,650
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 100,650
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 100,650
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 87,562
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 35,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 122,562
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 21,912
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow21,912 Refundedright arrow 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowDESIREE OMRAN Telephone no.right arrow (415) 601-6111

Located atright arrow55 EAST 3RD AVENUESAN MATEOCA ZIP+4right arrow94401
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2022? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2022.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
Yes
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
TIMOTHY DRAPER PRESIDENT & DIRECTOR
0.50 		0 0 0
55 E 3RD AVENUE
SAN MATEO,CA94401
ANDREA DRAPER DIRECTOR
0.50 		0 0 0
55 E 3RD AVENUE
SAN MATEO,CA94401
JESSICA DRAPER DIRECTOR
0.50 		0 0 0
55 E 3RD AVENUE
SAN MATEO,CA94401
WILLIAM H DRAPER III SECRETARY & DIRECTOR
0.50 		0 0 0
55 E 3RD AVENUE
SAN MATEO,CA94401
DESIREE OMRAN CFO
1.00 		0 0 0
55 E 3RD AVENUE
SAN MATEO,CA94401
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
69,331,823
b
Average of monthly cash balances.......................
1b
4,941,752
c
Fair market value of all other assets (see instructions)................
1c
64,390,285
d
Total (add lines 1a, b, and c).........................
1d
138,663,860
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
138,663,860
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,079,958
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
136,583,902
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,829,195
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
6,829,195
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
100,650
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
26,576
c
Add lines 2a and 2b............................
2c
127,226
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,701,969
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,701,969
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
6,701,969
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
4,588,809
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
4,588,809
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 6,701,969
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 4,363,779
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 4,588,809
a Applied to 2021, but not more than line 2a 4,363,779
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2022 distributable amount..... 225,030
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		6,476,939
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2022, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
TIMOTHY DRAPER
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
TIMOTHY C DRAPER
55 EAST 3RD AVENUE
SAN MATEO,CA94401
(650) 233-9000
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION SHOULD BE IN WRITING AND THE PURPOSE OF THE FUNDING SHOULD BE STATED CLEARLY IN THE MATERIALS.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
WILLIAM DRAPER
55 EAST 3RD AVENUE
SAN MATEO,CA94401
(650) 233-9000
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION SHOULD BE IN WRITING AND THE PURPOSE OF THE FUNDING SHOULD BE STATED CLEARLY IN THE MATERIALS.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2022)
Form 990-PF (2022)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ADDARIO LUNG CANCER FOUNDATION

1100 INDUSTRIAL ROAD
SAN CARLOS,CA94070 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 5,000

ADDICTION EDUCATION SOCIETY INC

1 FRANKLIN PARKWAY 970-2
SAN MATEO,CA94403 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

AMERICAN TRANSPARENCY

3 GRANT SQUARE 355
HINSDALE,IL60651 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

BENIOFF CHILDRENS HOSPITALS

747 52ND ST
OAKLAND,CA94609 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 25,000

BIZWORLD FOUNDATION

344 THOMAS L BERKLEY WAY SUITE 111
OAKLAND,CA94612 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 134,000

CAMP KESEM

10586 WEST PICO BOULEVARD 196
LOS ANGELES,CA90064 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 1,500

CANYON SCHOOL BOOSTER CLUB

421 ENTRADA DRIVE
SANTA MONICA,CA90402 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 4,500

CORPORATION CHILENO ALEMANA DE BENEFICENCIA

AV VITACURA 5982
COMUNA DE VITACURA,SANTIAGO7640745
CI 		  NC SEE INFORMATION WITH RESPECT TO EXPENDITURE RESPONSIBILITY GRANTS 150,000

CORPORATION OF THE FINE ARTS MUSEUMS

50 HAGIWARA TEA GARDEN DRIVE
SAN FRANCISCO,CA94118 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 50,000

CSSSA FOUNDATION

6060 CENTER DR FLOOR 10
LOS ANGELES,CA90045 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 50,000

DRAPER RICHARDS KAPLAN FOUNDATION

1600 EL CAMINO REAL 155
MENLO PARK,CA94025 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 1,000,000

EARTH ISLAND INSTITUTE

2150 ALLSTON WAY
BERKELEY,CA94704 		  501(C)(3) PUBLIC CHA ENVIRONMENTAL REFORM 500

EARTH JUSTICE

50 CALIFORNIA STREET
SAN FRANCISCO,CA94111 		  501(C)(3) PUBLIC CHA ENVIRONMENTAL REFORM 500

ELIZABETH'S SMILE

67 BAYBERRY ROAD
WESTPORT,CT06880 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 1,000

ENDEAVOR GLOBAL INC

900 BROADWAY SUITE 301
NEW YORK,NY10003 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 150,000

EVERYTOWN FOR GUN SAFETY SUPPORT FUND

PO BOX 4184
NEW YORK,NY10163 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

FOUNDATION FOR EXCELLENCE IN EDUCATION

215 SOUTH MONROE STREET
TALLAHASSEE,FL32301 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

AFRIENDS OF THE PALO ALTO JUNIOR MUSEUM &

1451 MIDDLEFIELD RD
PALO ALTO,CA94301 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 15,000

GOFUNDMEORG

855 JEFFERSON AVENUE PO BOX 1329
REDWOOD CITY,CA94063 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 100,000

GV BK FD AI FOUNDATION

6795 EDMOND ST SUITE 110
LAS VEGAS,NV89118 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 100,000

HARVARD BUSINESS SCHOOL

TEELE HALL SOLIERS FIELD
BOSTON,MA02163 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 25,000

HOOVER INSTITUTION

434 GALVEZ MALL STANFORD UNIVERSITY
STANFORD,CA94305 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 5,000

IAM ANGEL FUND SOCIAL IMPACT FUND

11933 W BURLEIGH ST
WAUWATOSA,WI53222 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 5,000

ISSNAF

98 FAXON RD
ATHERTON,CA94027 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 2,500

JUMPSTART

235 MONTGOMERY STREET SUITE 1025
SAN FRANCISCO,CA94104 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

JUNIOR LEAGUE OF LOS ANGELES

630 LARCHMONT BLVD
LOS ANGELES,CA90004 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 19,100

LAUDATO SI' CHALLENGE FOUNDATION

2 MEADOW WAY
FAIRFAX,CA94930 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 10,000

LUCILE PACKARD FOUNDATION

343 2ND STREET
LOS ALTOS,CA94022 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 15,000

MENLO PARK-ATHERTON EDUCATION FOUNDATION

181 ENCINAL AVE
ATHERTON,CA94027 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 2,500

MENLO SCHOOL

50 VALPARAISO AVENUE
ATHERTON,CA94027 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 5,000

MSK

1275 YORK AVENUE
NEW YORK,NY10065 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 20,000

MUSEUM OF MODERN ART - NYC

11 W 53RD ST
NEW YORK,NY10019 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 50,000

NEW ENERGY NEXUS

436 14TH STREET 1220
OAKLAND,CA94612 		  501(C)(3) PUBLIC CHA ENVIRONMENTAL REFORM 500

ONE COMMUNITY CAMPAIGN

PO BOX 584
MENLO PARK,CA94026 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 6,500

PACIFIC RESEARCH INSTITUTE

680 E COLORADO BLVD SUITE 180
PASADENA,CA91101 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 8,250

PHILLIPS ANDOVER ACADEMY

180 MAIN STREET
ANDOVER,MA01810 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 35,000

POINT O WOODS FOUNDATION INC

1271 AVENUE OF THE AMERICAS
NEW YORK,NY10020 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 200,000

PROJECT GLIMMER

724 WHITNEY ST
SAN LEANDRO,CA94577 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 9,500

RAINFOREST TRUST

7200 LINEWEAVER RD SUITE 100
WARRENTON,VA20187 		  501(C)(3) PUBLIC CHA ENVIRONMENTAL REFORM 500

RAVENSWOOD EDUCATION FOUNDATION

PO BOX 396
MENLO PARK,CA94026 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 666,666

REFUGEE RELIEF INTERNATIONAL INC

760 MARKET ST
SAN FRANCISCO,CA94102 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 70,000

RYDER INSTITUTE

55 E 3RD AVENUE
SAN MATEO,CA94401 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 99,750

SACRED HEART SCHOOLS

150 VALPARAISO AVE
ATHERTON,CA94027 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 20,000

SCHWAB FUND FOR CHARITABLE GIVING

PO BOX 628298
ORLANDO,FL32862 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 400,000

SCHWAB FUND FOR CHARITABLE GIVING

PO BOX 628298
ORLANDO,FL32862 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 52,785

SFMOMA

151 3RD ST
SAN FRANCISCO,CA94103 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 50,000

SIERRA CLUB FOUNDATION

2101 WEBSTER STREET 1250
OAKLAND,CA94612 		  501(C)(3) PUBLIC CHA ENVIRONMENTAL REFORM 500

SMITH COLLEGE

COLLEGE HALL 204 10 ELM STREET
NORTHAMPTON,MA01063 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 225,000

STANFORD UNIVERSITY DEVELOPMENT SERVICES

326 GALVEZ ST
STANFORD,CA94305 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 150,000

TEACH FOR AMERICA

685 MARKET STREET 500
SAN FRANCISCO,CA94103 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 5,000

THE INDEPENDENT INSTITUTE

100 SWAN WAY
OAKLAND,CA94621 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 100,000

THE LUSTGARTEN FOUNDATION

415 CROSSWAYS PARK DR D
WOODBURY,NY11797 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 258

TIE FOUNDATION

3964 RIVERMARK PLAZA 113
SANTA CLARA,CA95094 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 50,000

UNIVERSITY OF CALIFORNIA LOS ANGELES

PO BOX 7145
PASADENA,CA91109 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 30,000

UNION OF CONCERNED SCIENTISTS

TWO BRATTLE SQUARE
CAMBRIDGE,MA02138 		  501(C)(3) PUBLIC CHA ENVIRONMENTAL REFORM 500

UNIVERSITY OF SOUTHERN CALIFORNIA

UNIVERSITY GARDENS UGB203
LOS ANGELES,CA90089 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 20,000

UNIVERSITY OF TEXAS FDN INC FBO UTSA

110 INNER CAMPUS DR RM 1
AUSTIN,TX78713 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 142,000

UNIVERSITY OF TEXAS FDN INC FBO UTSA

110 INNER CAMPUS DR RM 1
AUSTIN,TX78713 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 250,000
Total .................................right arrow 3a 4,588,809
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 586,773  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 6,601,369  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFROM K-1: BOOST VC FUND 3, LP 		    14 -77,396  
bFROM K-1: THRESHOLD VENTURES II PARTNERS FUND LLC     14 12,817  
cFROM K-1: DFJ PARTNERS IX LLC     14 -53,799  
dFROM K-1: MAKENA CAPITAL ASSOCIATES (U.S.) LP     14 125,377  
eFROM K-1: HALOGEN VENTURES LP     14 -45,983  
fFROM K-1: DRAPER ASSOCIATES VI LP     14 -58,095  
gFROM K-1: AMPLIFY. LA CAPITAL V, LP     14 -28,837  
hFROM K-1: WALDEN CATALYST VENTURES     14 -25,097  
iFROM K-1: LIV AT UNIV II & SAHARA EAST MANAGER LLC     14 -459,508  
jFROM K-1: MAGIC OPPORTUNITIES FUND II, LP     14 -32,718  
kFROM K-1: USALDUSFOND CHANGE VENTURES FUND II     14 -4,356  
lFROM K-1: DRAPER FRONTIER OPPTECH FUND III, LP     14 -37,092  
mFROM K-1: ANDRA CAPITAL FUND, LP     14 -11,995  
nFROM K-1: EPIC VENTURES VI, LP     14 -67,977  
oFROM K-1: H. BARTON VENTURE SELECT IV     14 -40,853  
pFROM K-1: SLAUSON & CO. FUND I, LP     14 -31,153  
qFROM K-1: 2048 VENTURES II, LP     14 -45,773  
rFROM K-1: EXPONENTIAL ZASIAN PARTNERS FUND I, LP     14 -1,057  
sFROM K-1: MAGRAC VENTURES, LP     14 -18,627  
tFROM K-1: N PLUS ONE PILOT FUND LP     14 -17,617  
12 Subtotal. Add columns (b), (d), and (e) .. 0 6,174,863 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,174,863
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2022)
Form 990-PF (2022)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Name of the organization
THE DRAPER FOUNDATION
 
Employer identification number

94-3256415
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
THE DRAPER FOUNDATION
  		Employer identification number
94-3256415
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
JESSICA DRAPER
55 E 3RD AVENUE
 
SAN MATEO, CA94401

$ 12,256


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
JESSICA DRAPER
55 E 3RD AVENUE
 
SAN MATEO, CA94401

$ 11,440


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
JESSICA DRAPER
55 E 3RD AVENUE
 
SAN MATEO, CA94401

$ 52,877


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
JESSICA DRAPER
55 E 3RD AVENUE
 
SAN MATEO, CA94401

$ 9,935


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
JESSICA DRAPER
55 E 3RD AVENUE
 
SAN MATEO, CA94401

$ 22,270


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
JESSICA DRAPER
55 E 3RD AVENUE
 
SAN MATEO, CA94401

$ 21,389


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Name of organization
THE DRAPER FOUNDATION
  		Employer identification number
94-3256415
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
7
JESSICA DRAPER
55 E 3RD AVENUE
 
SAN MATEO, CA94401

$ 22,370


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
JESSICA DRAPER
55 E 3RD AVENUE
 
SAN MATEO, CA94401

$ 38,369


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
THE DRAPER FOUNDATION
  		Employer identification number

94-3256415
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 50 SHS MICROSOFT CORPORATION $ 12,256 2022-12-06
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 400 SHS INTEL CORPORATION $ 11,440 2022-12-06
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 370 SHS APPLE INC. $ 52,877 2022-12-06
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 30 SHS ADOBE INC. $ 9,935 2022-12-06
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
5
 60 SHS CHARTER COMMUNICATIONS, INC. $ 22,270 2022-12-06
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
6
 70 SHS NETFLIX, INC. $ 21,389 2022-12-06
Schedule B (Form 990) (2022)
Name of organization
THE DRAPER FOUNDATION
  		Employer identification number

94-3256415
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
7
 170 SHS JPMORGAN CHASE & CO. $ 22,370 2022-12-06
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
8
 1,700 SHS ICICI BANK LIMITED $ 38,369 2022-12-06
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
THE DRAPER FOUNDATION
  		Employer identification number

94-3256415
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2022)
Additional Data


Software ID:  
Software Version:  

TY 2022 AccountingFeesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 44,700 0   0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2022 DepreciationSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
OFFICE BUILDING 2021-01-01 2,309,553 59,219 SL 39.000000000000 59,219 0    
LAND 2021-01-01 4,016,613   NC 0 % 0 0    
QPODS X5 - FF&E 2021-07-01 12,500 1,250 SL 5.000000000000 2,500 0    
STRATUS SYSTEMS - CISCO MS355 MGIG SWITCH PLUS 5 YR LICENSE 2021-07-01 8,930 893 SL 5.000000000000 1,786 0    
BUILDING IMPROVEMENTS - 5 YR 2021-01-01 25,375 5,075 SL 5.000000000000 5,075 0    
BUILDING IMPROVEMENTS - 39 YR 2021-01-01 8,085 207 SL 39.000000000000 207 0    
BUILDING IMPROVEMENTS - 39 YR 2021-12-31 187,507   NC 0 % 0 0    
BUILDING IMPROVEMENTS - 39 YR 2021-07-01 10,782 138 SL 39.000000000000 276 0    
BUILDING IMPROVEMENTS - 39 YR 2022-05-16 9,782   SL 39.000000000000 146 0    

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2022 ExpenditureResponsibilityStmt
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
CORPORACION CHILENO-ALEMANA DE BENEFICENCIA
  		AV VITACURA 5892
COMUNA DE VITACURA,SANTIAGO7640745
CI 		2022-06-21 150,000 FURNITURE & EQUIPMENT FOR HOME FOR ELDERLY & TWO MEDICAL SCHOLARSHIPS 19,053 NONE 01/27/2023 2023-01-27  

TY 2022 InvestmentsCorpStockSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCKS 15,820,404 15,820,404

TY 2022 InvestmentsOtherSchedule2
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INVESTMENT IN PARTNERSHIPS AT COST 49,661,803 49,661,803
INVESTMENT IN LIMITED LIABILITY COMPANIES AT COST 9,660,783 9,660,783
INVESTMENT IN CRYPTOCURRENCY AT COST 645,135 645,135
INVESTMENT IN NON-MARKETABLE SECURITIES AT COST 3,160,000 3,160,000

TY 2022 LandEtcSchedule2
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
OFFICE BUILDING 2,309,553 118,438 2,191,115  
LAND 4,016,613 0 4,016,613  
QPODS X5 - FF&E 12,500 3,750 8,750  
STRATUS SYSTEMS - CISCO MS355 MGIG SWITCH PLUS 5 YR LICENSE 8,930 2,679 6,251  
BUILDING IMPROVEMENTS - 5 YR 25,375 10,150 15,225  
BUILDING IMPROVEMENTS - 39 YR 8,085 414 7,671  
BUILDING IMPROVEMENTS - 39 YR 187,507 0 187,507  
BUILDING IMPROVEMENTS - 39 YR 10,782 414 10,368  
BUILDING IMPROVEMENTS - 39 YR 9,782 146 9,636  


TY 2022 LegalFeesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 9,596 0   0


TY 2022 OtherAssetsSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
OTHER RECEIVABLES (AR) 178,409 44,099 44,099
PREPAID EXPENSE 8,647 8,917 8,917
PREPAID FEDERAL EXCISE TAX 6,902 0 0
OTHER RECEIVABLES 666,700 666,700 666,700


TY 2022 OtherDecreasesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Description Amount
BOOK/TAX DIFFERENCES 426,938
NET UNREALIZED LOSS ON INVESTMENTS 71,592,253


TY 2022 OtherExpensesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 5 0   0
PROPERTY TAXES 78,545 0   0
INSURANCE 16,003 0   0
REPAIRS 24,130 0   0
UTILITIES 56,199 0   0
SECURITY 5,251 0   0
INTERNET 22,375 0   0
MISCELLANOUS EXPENSES 120 0   0
FILING FEES 20 0   0
PENALTIES 252 0   0


TY 2022 OtherIncomeSchedule2
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FROM K-1: BOOST VC FUND 3, LP -77,396 -77,396 -77,396
FROM K-1: THRESHOLD VENTURES II PARTNERS FUND LLC 12,817 12,817 12,817
FROM K-1: DFJ PARTNERS IX LLC -53,799 -53,799 -53,799
FROM K-1: MAKENA CAPITAL ASSOCIATES (U.S.) LP 125,377 125,377 125,377
FROM K-1: HALOGEN VENTURES LP -45,983 -45,983 -45,983
FROM K-1: DRAPER ASSOCIATES VI LP -58,095 -58,095 -58,095
FROM K-1: AMPLIFY. LA CAPITAL V, LP -28,837 -28,837 -28,837
FROM K-1: WALDEN CATALYST VENTURES -25,097 -25,097 -25,097
FROM K-1: LIV AT UNIV II & SAHARA EAST MANAGER LLC -459,508 -459,508 -459,508
FROM K-1: MAGIC OPPORTUNITIES FUND II, LP -32,718 -32,718 -32,718
FROM K-1: USALDUSFOND CHANGE VENTURES FUND II -4,356 -4,356 -4,356
FROM K-1: DRAPER FRONTIER OPPTECH FUND III, LP -37,092 -37,092 -37,092
FROM K-1: ANDRA CAPITAL FUND, LP -11,995 -11,995 -11,995
FROM K-1: EPIC VENTURES VI, LP -67,977 -67,977 -67,977
FROM K-1: H. BARTON VENTURE SELECT IV -40,853 -40,853 -40,853
FROM K-1: SLAUSON & CO. FUND I, LP -31,153 -31,153 -31,153
FROM K-1: 2048 VENTURES II, LP -45,773 -45,773 -45,773
FROM K-1: EXPONENTIAL ZASIAN PARTNERS FUND I, LP -1,057 -1,057 -1,057
FROM K-1: MAGRAC VENTURES, LP -18,627 -18,627 -18,627
FROM K-1: N PLUS ONE PILOT FUND LP -17,617 -17,617 -17,617
FROM K-1: SOA SEABIRD VENTURES LLC -20,785 -20,785 -20,785
FROM K-1: NEXTGEN VENTURES FUND III, LP -16,330 -16,330 -16,330
FROM K-1: USALDUSFOND STARTUPIST VENTURES FUND I -44,384 -44,384 -44,384
FROM K-1: 3VC II SCSP -12,041 -12,041 -12,041


TY 2022 OtherIncreasesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Description Amount
DEFERRED EXCISE TAX 2,084,793


TY 2022 OtherLiabilitiesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Description Beginning of Year - Book Value End of Year - Book Value
EXCISE TAX PAYABLE - DEFERRED 2,352,416 267,623
EXCISE TAX PAYABLE - OTHER 51,996 21,866


TY 2022 TaxesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAX EXPENSE 216,292 0   0
STATE TAX EXPENSE 45,047 0   0