Private foundation · EIN 46-5768451 · South Bend, Indiana · Education

Drexel Funds

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 2024 Form 990-PF: 55 grants paid, $3.7M total, median $56K. 5% of grants stayed in Indiana.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
55
$3.7M
Median grant
$56K
Stays in IN
5%
of grants
Deadline
—
Assets
$26M

Grants paid in 2024

Top 44 of 55 grants by amount · from Form 990-PF Part XV

RecipientPurposeAmount
St Augustine PreparatoryMilwaukee, WIGeneral support grant$275K
Cristo Rey Orange County High SchoolSanta Ana, CAGeneral support grant$200K
The Meaning Foundation (primer)Los Angeles, CAGeneral support grant$195K
Cristo Rey Atlanta Jesuit High SchoolAtlanta, GAGeneral support grant$150K
Dubuque Dream Center IncDubuque, IAGeneral support grant$150K
The Basilica School of St Mary Star of the SeaKey West, FLGeneral support grant$150K
Cristo Rey Miami High SchoolMiami, FLGeneral support grant$125K
Lab School of Memphis IncMemphis, TNGeneral support grant$124K
Coolanu IncMiami, FLGeneral support grant$100K
Icon Preparatory Jax and TampaTampa, FLGeneral support grant$100K
Icon Preparatory School ClevelandCleveland, OHGeneral support grant$100K
Notre Dame School of MilwaukeeMilwaukee, WIGeneral support grant$100K
Yeshiva Toras Chaim Toras EmesMiami, FLGeneral support grant$100K
Summit Christian AcademyMenomonie, WIGeneral support grant$95K
Cristo Rey Research Triangle Hs NcDurham, NCGeneral support grant$94K
Infinite Potential Learning AcademySt Petersburg, FLGeneral support grant$90K
Kenosha Christian AcademyKenosha, WIGeneral support grant$88K
Liberty AcademyColumbus, INGeneral support grant$80K
Seton Education PartnersNew York, NYGeneral support grant$80K
Shepherds Watch Christian AcademyMattoon, WIGeneral support grant$80K
Julie Billiart SchoolBrecksville, OHGeneral support grant$75K
The Ecclesial Schools Initiative IncCasselberry, FLGeneral support grant$75K
Cristo Rey SeattleSeattle, WAGeneral support grant$63K
Tampa Torah AcademyTampa, FLGeneral support grant$60K
Learning Independence for Tomorrow IncClearwater, FLGeneral support grant$56K
Be AcademyNashville, TNGeneral support grant$50K
Cristo Rey Orlando High School IncOrlando, FLGeneral support grant$50K
Emerald Coast Autism CenterNiceville, FLGeneral support grant$48K
Life International Academy IncThonotosassa, FLGeneral support grant$44K
Pinyon MontessoriSalt Lake City, UTGeneral support grant$40K
Crown Prep AcademyColumbus, OHGeneral support grant$35K
Gwinnett Global SchoolLawrenceville, GAGeneral support grant$33K
Saint Martin de PorresCleveland, OHGeneral support grant$25K
The Link SchoolBaton Rouge, LAGeneral support grant$25K
St Marcus Lutheran SchoolMilwaukee, WIGeneral support grant$20K
Breakfree EducationWashington, DCGeneral support group$19K
School of the Arts for Boys AcademyPittsboro, NCGeneral support grant$15K
Westside Christian SchoolColumbus, OHGeneral support grant$13K
Urban Community SchoolCleveland, OHGeneral operating support$13K
Montessori Earth School (wildflower)Columbus, OHGeneral support grant$10K
Sage Montessori School of NashvilleNashville, TNGeneral support grant$10K
Redefine ThisSarasota, FLGeneral support grant$5,000
The Learning LoungePine Bluff, ARGeneral support grant$4,000
Lasalle Education CenterHomestead, FLGeneral support grant$3,500

By state: Florida 16 · Wisconsin 8 · California 2 · Ohio 9 · Tennessee 4 · North Carolina 3

About this foundation

Drexel Funds is a private grantmaking foundation in South Bend, Indiana, tax-exempt since 2014. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

Foundation websiteAll filings on ProPublica

Does Drexel Funds accept grant applications?

No. On its 2024 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 Drexel Funds give each year?

In tax year 2024 it paid $3.7M across 55 grants, a median of $56K.

Where does Drexel Funds give?

Florida (16 grants), Wisconsin (8 grants), California (2 grants) and elsewhere, per its latest filing.

More foundations near South Bend that accept applications

All in Indiana
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Judd Leighton Foundation Incsince 2000 South Bend, IN $6.7M49 grants · 2024 $50KYes $150M
Wood Foundation Incsince 2003 South Bend, IN $675K7 grants · 2024 $80KYes $13M
Edward F and Irma Hunter Foundationsince 1981 South Bend, IN $717K9 grants · 2024 $70KYes $8.0M
Shein Charitable Trsince 2022 South Bend, IN $338K10 grants · 2024 $20KYes $6.5M
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