Private foundation · EIN 46-5467431 · Saint Louis, Missouri · Philanthropy & grantmaking

Walter N and Alberta H Drake Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 6 grants paid, $300K total, median $42K. 50% of grants stayed in Missouri.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
6
$300K
Median grant
$42K
Stays in MO
50%
of grants
Deadline
—
Assets
$5.3M

Grants paid in 2025

6 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Pikes Peak Hospice and Palliative Care IncColorado Springs, COPalliative care$100K
Crosslines Churches of the Joplin Area IncJoplin, MOServices for the elderly$50K
Ozarks Food Harvest IncSpringfield, MOProvides for hunger relief$50K
Guidestone Fin Resources of the Southern Baptist ConventionDallas, TXProvides for the poor$33K
Watered GardensJoplin, MOUnrestricted support.$33K
Wounded Warrior ProjectColorado Springs, COVeteran support$33K

By state: Missouri 3 · Colorado 2 · Texas 1

About this foundation

Walter N and Alberta H Drake Foundation is a private grantmaking foundation in Saint Louis, Missouri, administered in care of Wells Fargo Bank Na, tax-exempt since 2015. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Walter N and Alberta H Drake Foundation accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Walter N and Alberta H Drake Foundation give each year?

In tax year 2025 it paid $300K across 6 grants, a median of $42K.

Where does Walter N and Alberta H Drake Foundation give?

Missouri (3 grants), Colorado (2 grants), Texas (1 grants), per its latest filing.

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Enterprise Holdings Foundationsince 1982 Saint Louis, MO $101M2 grants · 2024 $50MYes $493M
James S McDonnell Foundationsince 2003 Saint Louis, MO $30M82 grants · 2024 $115KYes $622M
The W W Smith Charitable Trustsince 2015 Saint Louis, MO $12M251 grants · 2024 $35KYes $215M
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