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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$188,293,275J 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) 48,082,541
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,916,795 1,916,795  
5a Gross rents............ 33,303 33,303  
b Net rental income or (loss) 33,303
6a Net gain or (loss) from sale of assets not on line 10 -325,092
b Gross sales price for all assets on line 6a 44,950,000
7 Capital gain net income (from Part IV, line 2)... 92,305
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
1,656,774 1,656,774  
12 Total. Add lines 1 through 11........ 51,364,321 3,699,177  
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
3,848 0   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
56,900 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
52,240 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
73,165 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
195,579 194,359   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 381,732 194,359   0
25 Contributions, gifts, grants paid....... 7,405,527 6,789,726
26 Total expenses and disbursements. Add lines 24 and 25 7,787,259 194,359   6,789,726
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 43,577,062
b Net investment income (if negative, enter -0-) 3,504,818
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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......... 22,502,791 23,930,079 23,930,079
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)....... 31,694,716 Click to see attachment
List of Attached Documents:
// Content
67,385,527 		67,385,527
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).......... 69,319,546 Click to see attachment
List of Attached Documents:
// Content
90,489,710 		90,489,710
14 Land, buildings, and equipment: basis right arrow6,607,230
Less: accumulated depreciation (attach schedule) right arrow277,374 6,389,104 Click to see attachment
List of Attached Documents:
// Content
6,329,856 		6,329,856
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
273,855 		Click to see attachment
List of Attached Documents:
// Content
158,103 		Click to see attachment
List of Attached Documents:
// Content
158,103
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 130,180,012 188,293,275 188,293,275
Liabilities 17 Accounts payable and accrued expenses.......... 8,357 737,702
18 Grants payable.................    
19 Deferred revenue................. 1,453 1,453
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
517,154 		Click to see attachment
List of Attached Documents:
// Content
1,977,117
23 Total liabilities (add lines 17 through 22)......... 526,964 2,716,272
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........... 129,653,048 185,577,003
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)..... 129,653,048 185,577,003
30 Total liabilities and net assets/fund balances (see instructions). 130,180,012 188,293,275
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
129,653,048
2
Enter amount from Part I, line 27a .....................
2
43,577,062
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
14,909,757
4
Add lines 1, 2, and 3 ..........................
4
188,139,867
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,562,864
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
185,577,003
Form 990-PF (2024)
Form 990-PF (2024)
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 14,950,000 US TSY NOTE 2125 24FB29 P   2024-02-29
b 10,000,000 US TSY NOTE 2375 24FB29 P 2023-11-22 2024-02-29
c 20,000,000 US TSY NOTE 2000 24JN30 P 2024-03-05 2024-07-01
d 12,905 SHS NANOSTRING TECHNOLOGIES, INC D   2024-06-26
e
(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 14,950,000   14,816,089 0
b 10,000,000   9,923,594 0
c 20,000,000   19,793,406 206,594
d     114,289 -114,289
e
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       0
b       0
c       206,594
d       -114,289
e
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 92,305
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  
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 48,717
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 48,717
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 48,717
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 28,709
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 580,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 608,709
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 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 10 559,992
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow559,992 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
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 2024 or the taxable year beginning in 2024? 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
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 2024, 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
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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)
 
No
(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
 
 
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
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
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
HILLARY DRAPER DIRECTOR
0.50 		0 0 0
55 E 3RD AVENUE
SAN MATEO,CA94401
ELEANOR DRAPER DIRECTOR
0.50 		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 (2024)
Form 990-PF (2024)
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 (2024)
Form 990-PF (2024)
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
53,391,358
b
Average of monthly cash balances.......................
1b
2,895,487
c
Fair market value of all other assets (see instructions)................
1c
101,571,177
d
Total (add lines 1a, b, and c).........................
1d
157,858,022
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
157,858,022
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,367,870
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
155,490,152
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,774,508
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
7,774,508
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
48,717
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
30,724
c
Add lines 2a and 2b............................
2c
79,441
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,695,067
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
7,695,067
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
7,695,067
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
6,789,726
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
6,789,726
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 7,695,067
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 6,661,308
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 6,789,726
a Applied to 2023, but not more than line 2a 6,661,308
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 2024 distributable amount..... 128,418
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		7,566,649
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 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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) 599-9000
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 (2024)
Form 990-PF (2024)
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

SMITH COLLEGE

COLLEGE HALL 204 10 ELM STREET
NORTHAMPTON,MA01063 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 25,000

PHILLIPS ANDOVER ACADEMY

180 MAIN STREET
ANDOVER,MA01810 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 60,000

PHILLIPS ANDOVER ACADEMY

180 MAIN STREET
ANDOVER,MA01810 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 5,000

HARVARD BUSINESS SCHOOL

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

THE CHURCH AT POINT O' WOODS

31 BROOKSIDE DR
GREENWICH,CT068306422 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 10,000

OAK KNOLL PTO

23 BODINE AVE
WILLIAMSTOWN,NJ080941607 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 15,000

MOMS FIRST

PO BOX 20008
NEW YORK,NY10001 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 5,000

EVERY MOTHER COUNTS

333 HUDSON ST SUITE 1006
NEW YORK,NY10013 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 10,000

MUSEUM OF MODERN ART - NYC

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

POINT OWOOD FOUNDATION INC

1271 AVENUE OF THE AMERICAS
NEW YORK,NY10020 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 100,000

POINT OWOOD FOUNDATION INC

1271 AVENUE OF THE AMERICAS
NEW YORK,NY10020 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 100,000

OUTWARD BOUND INTERNATIONAL

2578 BROADWAY
NEW YORK,NY100258848 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 50,000

EVERYTOWN FOR GUN SAFETY SUPPORT FUND INC

PO BOX 4184
NEW YORK,NY10163 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 5,000

COMIC RELIEF US

120 BROADWAY 22ND FLOOR
NEW YORK,NY10271 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 10,000

TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BLVD
STATEN ISLAND,NY10306 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 1,500

TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BLVD
STATEN ISLAND,NY10306 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 5,000

LITTLE ESSENTIALS (SANDIE TROMBER)

74 GRAND AVENUE UNIT 1C
BROOKLYN,NY11205 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 1,500

THE LUSTGARTEN FOUNDATION

504 RXR PLAZA
UNIONDALE,NY11556 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 264

HUDSON INSTITUTE

1201 PENNSYLVANIA AVE NW SUITE 400
WASHINGTON,DC20004 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 100,000

POPULATION ACTION INTERNATIONAL

1300 19TH STREET NW SUITE 200
WASHINGTON,DC200361624 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 10,000

WORLD CENTRAL KITCHEN INC

PO BOX 96538
WASHINGTON,DC200906538 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 5,000

RESOLVE

1660 INTERNATIONAL DR SUITE 600
MCLEAN,VA22102 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 2,100

ELDER SERVICES OF CAPE COD AND THE ISLAND

68 ROUTE 134
SOUTH DENNIS,MA02660 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 5,000

SCHWAB FUND FOR CHARITABLE GIVING

PO BOX 628298
ORLANDO,FL32862 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 50,000

SCHWAB FUND FOR CHARITABLE GIVING

PO BOX 628298
ORLANDO,FL32862 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 50,000

FOOD FOR THE POOR INC

6401 LYONS RD
COCONUT CREEK,FL33073 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 25,000

EQUAL JUSTICE INITIATIVE

122 COMMERCE STREET
MONTGOMERY,AL36104 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 5,000

THE HEPH FOUNDATION

805 LAKE ST 223
OAK PARK,IL60301 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 10,000

GROWING HOME INC

6429 S HONORE ST
CHICAGO,IL60636 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 5,000

AMERICAN TRANSPARENCY

3 GRANT SQUARE 355
HINSDALE,IL60651 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 25,000

MULTIPLE MYELOMA RESEARCH FOUNDATION

383 MAIN AVENUE 7TH FLOOR
NORWALK,CT06851 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 25,000

HEARD NATURAL SCIENCE MUSEUM

1 NATURE PL
MCKINNEY,TX750698840 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 2,000

CATHY'S CRITTERS LLC

7422 COUNTY ROAD 466
PRINCETON,TX75407 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 2,500

TEXAS PUBLIC POLICY FOUNDATION

901 CONGRESS AVENUE
AUSTIN,TX78701 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 50,000

YOUNG AMERICANS FOR LIBERTY FOUNDATION

3267 BEE CAVES ROAD STE 107-65
AUSTIN,TX78746 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

UNIVERSITY OF TEXAS FDN INC

9011 MOUNTAIN RIDGE DR SUITE 150
AUSTIN,TX78759 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 500,000

BRINK TECHNOLOGY INC

10900 RESEARCH BLVD STE 160C 2054
AUSTIN,TX787595718 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 200,000

BRINK TECHNOLOGY INC

10900 RESEARCH BLVD STE 160C 2054
AUSTIN,TX787595718 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 250,000

LIBERTAS INSTITUTE

2183 W MAIN ST SUITE A102
LEHI,UT84043 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 250,000

THE UNIVERSITY OF UTAH

201 PRESIDENTS CIRCLE
SALT LAKE CITY,UT84112 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 500,000

UNIVERSITY IMPACT

3507 N UNIVERSITY AVE STE 125
PROVO,UT84604 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 2,000

LEGACY GLOBAL PROGRAMS

4435 E HOLMES AVE STE 200
MESA,AZ85206 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 10,000

CSSSA FOUNDATION

6060 CENTER DR FLOOR 10
LOS ANGELES,CA90045 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 100,000

CAMP KESEM

10586 WEST PICO BOULEVARD 196
LOS ANGELES,CA90064 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 1,000

ONE LEAGUE GLOBAL SCHOLARSHIP FUND

11500 OLYMPIC BLVD 400
LOS ANGELES,CA90064 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

UNIVERSITY OF SOUTHERN CALIFORNIA

UNIVERSITY GARDENS UGB203
LOS ANGELES,CA90089 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 25,000

CANYON SCHOOL BOOSTER CLUB

421 ENTRADA DR SANTA MONICA
LOS ANGELES,CA90402 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 55,000

CANYON SCHOOL BOOSTER CLUB

421 ENTRADA DR SANTA MONICA
LOS ANGELES,CA90402 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 250

CANYON SCHOOL BOOSTER CLUB

421 ENTRADA DR SANTA MONICA
LOS ANGELES,CA90402 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 250

THE HAWN FOUNDATION

220 26TH STREET STE 203
SANTA MONICA,CA904022500 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 10,000

THE HAWN FOUNDATION

220 26TH STREET STE 203
SANTA MONICA,CA904022500 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 10,000

UCLA

PO BOX 7145
PASADENA,CA91109 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 150,000

UCLA

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

ART OF LIVING FOUNDATION

14758 PIPELINE AVE SUITE E-1
CHINO HILLS,CA91709 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 150,000

ENDEAVOR GLOBAL INC

3593 5TH AVE
SAN DIEGO,CA92103 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 50,000

MISSION EDGE SAN DIEGO

2820 ROOSEVELT RD STE 104
SAN DIEGO,CA92106 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 10,000

CALIFORNIA POLICY CENTER

18002 IRVINE BLVD SUITE 108
TUSTIN,CA92780 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 100,000

CALIFORNIA POLICY CENTER

18002 IRVINE BLVD SUITE 108
TUSTIN,CA92780 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 200,000

YOUTH ON COURSE

1 LOWER RAGSDALE DR BUILDING 1
SUITE 110
MONTEREY,CA93940 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 1,579

CRYSTAL SPRINGS UPLANDS SCHOOL

400 UPLANDS DR
HILLSBOROUGH,CA94010 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 5,000

CRYSTAL SPRINGS UPLANDS SCHOOL

400 UPLANDS DR
HILLSBOROUGH,CA94010 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

CHILD AND FAMILY INSTITUTE

1040 LAUREL ST
MENLO PARK,CA94025 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 1,500

DRAPER RICHARDS KAPLAN FOUNDATION

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

MENLO SCHOOL

50 VALPARAISO AVENUE
ATHERTON,CA94027 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

ONE COMMUNITY CAMPAIGN

181 ENCINAL AVE
ATHERTON,CA94027 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 6,000

SACRED HEART SCHOOLS

150 VALPARAISO AVE
ATHERTON,CA94027 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 25,000

WOODSIDE VAULTERS

3674 SAND HILL RD
REDWOOD CITY,CA94062 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 850

SAN MATEO COUNTY HISTORICAL ASSOICATION

2200 BROADWAY
REDWOOD CITY,CA94063 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 3,000

THERE WITH CARE OF THE BAY AREA

2682 MIDDLEFIELD ROAD SUITE H
REDWOOD CITY,CA94063 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 3,000

THEATREWORKS SILICON VALLEY

350 TWIN DOLPHIN DRIVE SUITE 127
REDWOOD CITY,CA94065 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 5,000

THEATREWORKS SILICON VALLEY

350 TWIN DOLPHIN DRIVE SUITE 127
REDWOOD CITY,CA94065 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 10,000

THRIVE

330 TWIN DOLPHIN DRIVE SUITE 155
REDWOOD CITY,CA94065 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 1,000

GO2 FKA ADDARIO LUNG CANCER FDN

1100 INDUSTRIAL RD STE 1
SAN CARLOS,CA94070 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 10,000

REFUGEE RELIEF INTERNATIONAL INC

760 MARKET ST
SAN FRANCISCO,CA94102 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 50,000

SFMOMA

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

CARLA AND DAVID CRANE FOUNDATION

121 STEUART STREET
SAN FRANCISCO,CA94105 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 100,000

CARLA AND DAVID CRANE FOUNDATION

121 STEUART STREET
SAN FRANCISCO,CA94105 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 100,000

HOMELESS PRENATAL PROGRAM

2500 18TH STREET
SAN FRANCISCO,CA94110 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 10,000

CORPORATION OF THE FINE ARTS MUSEUMS

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

GOLDEN GATE NATIONAL PARKS CONSERVANCY #

201 FORT MASON
SAN FRANCISCO,CA94123 		  501(C)(3) PUBLIC CHA ENVIRONMENTAL REFORM 4,400

MEALS ON WHEELS OF SAN FRANCISCO INC

2142 JERROLD AVENUE
SAN FRANCISCO,CA94124 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 5,000

FAST FORWARD

1002A OREILLY AVE
SAN FRANCISCO,CA94129 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 2,000

FAST FORWARD

1002A OREILLY AVE
SAN FRANCISCO,CA94129 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

PROJECT GLIMMER

269 STAFORD DRIVE
SAN FRANCISCO,CA94132 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 35,000

BAYORG

55 FRANCISCO STREET SUITE 330
SAN FRANCISCO,CA94133 		  501(C)(3) PUBLIC CHA ENVIRONMENTAL REFORM 250,000

UCSF FOUNDATION

2001 THE EMBARCADERO 3RD FLOOR
SAN FRANCISCO,CA94143 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 500

UCSF FOUNDATION

2001 THE EMBARCADERO 3RD FLOOR
SAN FRANCISCO,CA94143 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 500

THE ELIZABETH F GAMBLE GARDEN

1431 WAVERLEY STREET
PALO ALTO,CA94301 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 2,500

FRIENDS OF THE PALO ALTO JUNIOR MUSEUM &

1451 MIDDLEFIELD ROAD
PALO ALTO,CA94301 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 1,500

LUCILE PACKARD FOUNDATION

400 HAMILTON AVE STE 340
PALO ALTO,CA943011805 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 35,000

LUCILE PACKARD FOUNDATION

400 HAMILTON AVE STE 340
PALO ALTO,CA943011805 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 15,000

LUCILE PACKARD FOUNDATION

400 HAMILTON AVE STE 340
PALO ALTO,CA943011805 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 2,500

RAVENSWOOD EDUCATION FOUNDATION

2120 EUCLID AVE
EAST PALO ALTO,CA94303 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 333,333

ANDERSON COLLECTION - STANFORD UNIV DEV

314 LOMITA DRIVE
STANFORD,CA94305 		  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

HOOVER INSTITUTION

434 GALVEZ MALL STANFORD UNIVERSITY
STANFORD,CA94305 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

STANFORD CAGE CLUB

PO BOX 20466
STANFORD,CA943090466 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 20,000

RYDER INSTITUTE

55 E 3RD AVENUE
SAN MATEO,CA94401 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 50,000

FOUNDATION FOR SAN MATEO AREA CHAMBER EDU

1700 S EL CAMINO REAL STE 406
SAN MATEO,CA94402 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 1,000

FOUNDATION FOR SAN MATEO AREA CHAMBER EDU

1700 S EL CAMINO REAL STE 406
SAN MATEO,CA94402 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 1,000

BENIOFF CHILDRENS HOSPITALS

747 52ND ST
OAKLAND,CA94609 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 100,000

BENIOFF CHILDRENS HOSPITALS

747 52ND ST
OAKLAND,CA94609 		  501(C)(3) PUBLIC CHA MEDICAL RESEARCH 50,000

BIZWORLD FOUNDATION

344 THOMAS L BERKLEY WAY SUITE 111
OAKLAND,CA94612 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 500,000

BIZWORLD FOUNDATION

344 THOMAS L BERKLEY WAY SUITE 111
OAKLAND,CA94612 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 100,000

THE INDEPENDENT INSTITUTE

100 SWAN WAY
OAKLAND,CA94621 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 50,000

THE UC BERKELEY FOUNDATION

1995 UNIVERSITY AVE SUITE 401
BERKELEY,CA947041058 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 20,000

INVERNESS FOUNDATION

15 PARK AVE
IVERNESS,CA94937 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 200

BAY AREA DISCOVERY MUSEUM

557 MCREYNOLDS ROAD FORT BAKER
SAUSALITO,CA94965 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 1,000

BAY AREA DISCOVERY MUSEUM

557 MCREYNOLDS ROAD FORT BAKER
SAUSALITO,CA94965 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 4,000

CIVIC SOUL

15654 OAK KNOLL DR
MONTE SERENO,CA95030 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 10,000

TIE FOUNDATION

3964 RIVERMARK PLAZA 113
SANTA CLARA,CA95054 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 25,000

TIE FOUNDATION

3964 RIVERMARK PLAZA 113
SANTA CLARA,CA95054 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000

VOTING BLOCK USA INC

2868 CHESTERFIELD DR UNIT A
SANTA CRUZ,CA950625402 		  501(C)(3) PUBLIC CHA COMMUNITY OUTREACH 175,000

PARKER SCHOOL

65-1224 LINDSEY RD
KAMUELA,HI96743 		  501(C)(3) PUBLIC CHA EDUCATION PROGRAM 10,000
Total .................................right arrow 3a 6,789,726
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 1,916,795  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 33,303  
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 -325,092  
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 2,134,827  
bFROM K-1: THRESHOLD VENTURES II PARTNERS FUND LLC     14 -313,525  
cFROM K-1: DFJ PARTNERS IX LLC     14 -84,920  
dFROM K-1: MAKENA CAPITAL ASSOCIATES (U.S.) LP     14 184,272  
eFROM K-1: HALOGEN VENTURES LP     14 -76,494  
fFROM K-1: DRAPER ASSOCIATES VI LP     14 239,207  
gFROM K-1: AMPLIFY. LA CAPITAL V, LP     14 -26,659  
hFROM K-1: WALDEN CATALYST VENTURES     14 -26,889  
iFROM K-1: LIV AT UNIV II & SAHARA EAST MANAGER LLC     14 -66,651  
jFROM K-1: MAGIC OPPORTUNITIES FUND II, LP     14 -23,553  
kFROM K-1: USALDUSFOND CHANGE VENTURES FUND II     14 19,209  
lFROM K-1: DRAPER FRONTIER OPPTECH FUND III, LP     14 -52,715  
mFROM K-1: ANDRA CAPITAL FUND, LP     14 73,380  
nFROM K-1: EPIC VENTURES VI, LP     14 -149,199  
oFROM K-1: H. BARTON VENTURE SELECT IV     14 -30,766  
pFROM K-1: SLAUSON & CO. FUND I, LP     14 -63,678  
qFROM K-1: 2048 VENTURES II, LP     14 218,752  
rFROM K-1: EXPONENTIAL ZASIAN PARTNERS FUND I, LP     14 -8,819  
sFROM K-1: MAGRAC VENTURES, LP     14 -24,456  
tFROM K-1: N PLUS ONE PILOT FUND LP     14 -4,497  
12 Subtotal. Add columns (b), (d), and (e) .. 0 3,281,780 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,281,780
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

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

94-3256415
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE DRAPER FOUNDATION
  		Employer identification number
94-3256415
Part I
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
TIMOTHY DRAPER
55 E 3RD AVENUE
 
SAN MATEO, CA94401

$ 927,415


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

$ 475,819


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

$ 162,687


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

$ 38,490


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

$ 3,378,600


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

$ 2,665,800


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE DRAPER FOUNDATION
  		Employer identification number
94-3256415
Part I
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
TIMOTHY DRAPER
55 E 3RD AVENUE
 
SAN MATEO, CA94401

$ 40,200,000


(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

$ 233,730


(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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
 19,206 SHS OF DOXIMITY, INC $ 927,415 2024-11-22
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 11,056 SHS OF MAPLEBEAR, INC $ 475,819 2024-11-22
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 33,545 SHS OF MATTERPORT, INC $ 162,687 2024-11-22
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 51 SHS OF ELI LILLY & CO $ 38,490 2024-11-22
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
5
 90,000 SHS OF ROBINHOOD MARKETS, INC $ 3,378,600 2024-11-29
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
6
 9,000 SHS OF COINBASE GLOBAL, INC $ 2,665,800 2024-11-29
Schedule B (Form 990) (Rev. 1-2025)
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
 1,000,000 SHS OF ROBINHOOD MARKETS, INC $ 40,200,000 2024-12-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
8
 750 SHS OF COINBASE GLOBAL, INC $ 233,730 2024-12-17
(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 56,900 0   0

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

TY 2024 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 2,309,553 177,657 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 6,250 SL 5.000000000000 2,500 0    
STRATUS SYSTEMS - CISCO MS355 MGIG SWITCH PLUS 5 YR LICENSE 2021-07-01 8,930 4,465 SL 5.000000000000 1,786 0    
BUILDING IMPROVEMENTS - 5 YR 2021-01-01 25,375 15,225 SL 5.000000000000 5,075 0    
BUILDING IMPROVEMENTS - 39 YR 2021-01-01 8,085 621 SL 39.000000000000 207 0    
BUILDING IMPROVEMENTS - 39 YR 2024-04-10 200,278   SL 39.000000000000 3,851 0    
BUILDING IMPROVEMENTS - 39 YR 2021-07-01 10,782 690 SL 39.000000000000 276 0    
BUILDING IMPROVEMENTS - 39 YR 2022-05-16 9,782 397 SL 39.000000000000 251 0    

TY 2024 InvestmentsCorpStockSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCKS 67,385,527 67,385,527

TY 2024 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 63,118,150 63,118,150
INVESTMENT IN LIMITED LIABILITY COMPANIES AT COST 23,417,140 23,417,140
INVESTMENT IN CRYPTOCURRENCY AT COST 619,448 619,448
INVESTMENT IN NON-MARKETABLE SECURITIES AT COST 3,004,972 3,004,972
INVESTMENT IN CORPORATIONS AT COST 330,000 330,000

TY 2024 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 2,309,553 236,876 2,072,677  
LAND 4,016,613 0 4,016,613  
QPODS X5 - FF&E 12,500 8,750 3,750  
STRATUS SYSTEMS - CISCO MS355 MGIG SWITCH PLUS 5 YR LICENSE 8,930 6,251 2,679  
BUILDING IMPROVEMENTS - 5 YR 25,375 20,300 5,075  
BUILDING IMPROVEMENTS - 39 YR 8,085 828 7,257  
BUILDING IMPROVEMENTS - 39 YR 200,278 3,851 196,427  
BUILDING IMPROVEMENTS - 39 YR 10,782 966 9,816  
BUILDING IMPROVEMENTS - 39 YR 9,782 648 9,134  


TY 2024 LegalFeesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,848 0   0


TY 2024 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) 234,688 145,502 145,502
PREPAID EXPENSE 9,281 9,955 9,955
PREPAID EXCISE TAX 29,886 2,646 2,646


TY 2024 OtherDecreasesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Description Amount
BOOK/TAX DIFFERENCES 1,718,703
DEFERRED EXCISE TAX 844,161


TY 2024 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 1,000 0   0
PROPERTY TAXES 81,708 81,708   0
INSURANCE 17,198 17,197   0
REPAIRS 12,509 12,509   0
UTILITIES 49,153 49,153   0
SECURITY 11,335 11,335   0
INTERNET 22,457 22,457   0
ATTORNEY GENERAL REGISTRATION FEE 25 0   0
FILING FEE 20 0   0
MISC EXPENSES 174 0   0


TY 2024 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 2,134,827 2,134,827 2,134,827
FROM K-1: THRESHOLD VENTURES II PARTNERS FUND LLC -313,525 -313,525 -313,525
FROM K-1: DFJ PARTNERS IX LLC -84,920 -84,920 -84,920
FROM K-1: MAKENA CAPITAL ASSOCIATES (U.S.) LP 184,272 184,272 184,272
FROM K-1: HALOGEN VENTURES LP -76,494 -76,494 -76,494
FROM K-1: DRAPER ASSOCIATES VI LP 239,207 239,207 239,207
FROM K-1: AMPLIFY. LA CAPITAL V, LP -26,659 -26,659 -26,659
FROM K-1: WALDEN CATALYST VENTURES -26,889 -26,889 -26,889
FROM K-1: LIV AT UNIV II & SAHARA EAST MANAGER LLC -66,651 -66,651 -66,651
FROM K-1: MAGIC OPPORTUNITIES FUND II, LP -23,553 -23,553 -23,553
FROM K-1: USALDUSFOND CHANGE VENTURES FUND II 19,209 19,209 19,209
FROM K-1: DRAPER FRONTIER OPPTECH FUND III, LP -52,715 -52,715 -52,715
FROM K-1: ANDRA CAPITAL FUND, LP 73,380 73,380 73,380
FROM K-1: EPIC VENTURES VI, LP -149,199 -149,199 -149,199
FROM K-1: H. BARTON VENTURE SELECT IV -30,766 -30,766 -30,766
FROM K-1: SLAUSON & CO. FUND I, LP -63,678 -63,678 -63,678
FROM K-1: 2048 VENTURES II, LP 218,752 218,752 218,752
FROM K-1: EXPONENTIAL ZASIAN PARTNERS FUND I, LP -8,819 -8,819 -8,819
FROM K-1: MAGRAC VENTURES, LP -24,456 -24,456 -24,456
FROM K-1: N PLUS ONE PILOT FUND LP -4,497 -4,497 -4,497
FROM K-1: SOA SEABIRD VENTURES LLC -7,352 -7,352 -7,352
FROM K-1: HI VENTURES IV LP -12,825 -12,825 -12,825
FROM K-1: NEXTGEN VENTURES FUND III, LP -22,919 -22,919 -22,919
FROM K-1: USALDUSFOND STARTUPIST VENTURES FUND I -28,059 -28,059 -28,059
FROM K-1: 3VC II SCSP -21,376 -21,376 -21,376
FROM K-1: INFINITA FUND I, LP -32,515 -32,515 -32,515
FROM K-1: DAEDALUS I FUND, LP -18,035 -18,035 -18,035
FROM K-1: ELEFUND III, LP -37,077 -37,077 -37,077
FROM K-1: DFJ FUND IX CONTINUATION LP -9,199 -9,199 -9,199
FROM K-1: SLAUSON & CO. FUND II LP -22,535 -22,535 -22,535
FROM K-1: H. BARTON VENTURE SELECT V -5,550 -5,550 -5,550
FROM K-1: UTXO BITCOIN ECOSYSTEM US FUND 1 LP -7,350 -7,350 -7,350
FROM K-1: ARCANUM EMERGING TECHNOLOGIES FUND II ISA -18,518 -18,518 -18,518
FROM K-1: PRETIOSUM VENTURES FUND I LP -16,742 -16,742 -16,742


TY 2024 OtherIncreasesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Description Amount
NET UNREALIZED GAIN ON INVESTMENTS 14,909,757


TY 2024 OtherLiabilitiesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Description Beginning of Year - Book Value End of Year - Book Value
EXCISE TAX PAYABLE - DEFERRED 517,154 1,361,315
PLEDGES 0 615,802


TY 2024 TaxesSchedule
Name:
THE DRAPER FOUNDATION
EIN:
94-3256415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL & STATE TAXES 52,240 0   0