Draper Richards Kaplan Foundation

Draper Richards Kaplan Foundation

William H. Draper, III and Robin Richards Donohoe began investing together in the venture industry in 1994 concentrating on building companies in India.  Since 1994, they have invested in over one hundred early stage information technology investments both in India and the United States.

In 2010, the Foundation joined forces with Robert S. Kaplan, formerly vice-chairman of Goldman Sachs and currently professor of leadership at Harvard Business School. Together the team raised their second fund inviting fourteen innovative philanthropists to join the fund.

At a Glance

Innovations0
Members 1
Partners 0

Organization Type

  • Venture Capitalist
  • Foundation

Contact

Draper Richards Kaplan Foundation
1600 El Camino Real
Suite 155
Menlo Park, CA 94025

T : +1 650-319-7808
E : info@draperrichards.org

Organization Mission

Find, fund and support like there’s no tomorrow.

We’ve taken this one singular belief, borrowed from our venture capital legacy, and created a unique model, proven over a decade, for working with world-class social entrepreneurs. We find, fund and support leaders with exceptional promise and impactful ideas that have the potential to scale. It’s hard work to be sure, but over the last twelve years we have seen our organizations materially impact the lives of millions.

Find:  Through exhaustive due diligence on hundreds of potential portfolio opportunities, working in close contact with partners, networks and institutions crossing the public, private and non-profit sector, we narrow our focus on a select group of exceptional leaders and organizations.

Fund:  Early on, we recognized two things that drive our funding model:  1) unrestricted capital is the most precious capital that our portfolio companies need to build out their organizations and  2) multi-year funding, as opposed to a one-time grant, is a critical success factor in helping these great organizations achieve scale.

Support:  We also have learned that just giving early stage organizations money and checking in periodically isn’t enough. Our approach is materially different. We partner with the leaders of these organizations and provide rigorous and unrelenting on-going support. We take a board seat for three years, often serving as the first outside board member. We work day and night with our entrepreneurs, opening our networks and contacts to each of these select organizations, facilitating meetings, convening critical resources and working side by side with each leader to help them reach their full potential and build their organizations to scale.

Area of Focus

We are a global venture philanthropy firm committed to making a real difference in the world. Our model and our point of view directly borrows from our venture capital legacy, proven over a decade, to find, fund and support truly exceptional social entrepreneurs who want to make the world a better place. We raise capital from a diverse group of partners including individual donors, family foundations, private foundations, and corporate partners to support our work and deploy these resources in a select group of social enterprises with equal doses of multi year unrestricted funding and relentless on-going support through active board service.

Our early results speak for themselves.  We raised and closed two funds that will support more than 80 nonprofit organizations trying to change the world. Fund III, which will close in 2015, is even more ambitious - $65 million to support another exceptional group of social entrepreneurs - this time 100 - all of whom wake up every day with one aspiration - to make the world a better place.
 

Funding Opportunities

Resources