Commitment to Action

Raising $65M to Support 100 New Social Enterprises

Commitment by

Draper Richards Kaplan Foundation

In 2015, Draper Richards Kaplan Foundation (DRK) committed to raise a $65 million fund that will ultimately support 100 next generation social enterprises. DRK partners with their social entrepreneurs to help them to build capacity in their organization and scale their impact. The social enterprises are provided with three years of unrestricted capital and rigorous on-going support by joining the board of directors. DRK supports these organizations in their most fragile and exciting moments during early growth, providing strategic and operational guidance.

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Overview
Summary

Commitment

Raising $65M to Support 100 New Social Enterprises

Launched

2015

Est. Duration

1 year

Estimated Total Value

$65,000,000

Region

Northern America

Countries

United States

Commitment by

Draper Richards Kaplan Foundation