The Drexel Fund
EIN 465768451 Private Foundation
Possibly inactive.
Last 990-PF filing on record is from 2023
(3 years ago). Verify before investing time in an application.
Total Given 2018–2023
$21.2M
172 grants · $3.5M avg/year
based on 6 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$60K
typical mid grants · $25K–$125K
grant size
22%
balanced · 24/109 multi-year
repeat
$17.5M
Assets (2023)
109
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No. Preselected Only
Contact Person
ADRIANE PETERS
Phone
(617) 778-8118
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2022 | $2.5M | $18.4M | $3.6M | 43 |
| 2023 | $2.6M | $17.5M | $5.2M | 31 |
Grant Size Distribution
Based on 172 grants on record
Minimum
$262
25th Pctl
$25K
Median
$60K
Average
$123K
75th Pctl
$125K
Maximum
$1.4M
Geographic Distribution
Texas Counties Served
0.6% of US grants
· Rank #19 of 20 states
$500K across
1 grant
1 of 254 counties
Top 1 counties
- 1 Lubbock
Officers & Directors
BC
BJ Cassin
2+ yrs
Chairman
Leadership
TH
Thomas J. Healey
2+ yrs
Treasurer
Leadership
DJ
Darren Jackson
2+ yrs
Secretary
Leadership
NH
Nick Howley
2+ yrs
Trustee
MM
Michael Messner
2+ yrs
Trustee
DR
Darla Romfo
2+ yrs
Trustee
AS
Abigail Schumwinger
2+ yrs
Trustee
CW
Christopher Wilson
2+ yrs
Trustee
JE
John Eriksen
2+ yrs
Managing Partner
BC
BJ Cassin
2+ yrs
Chairman
Leadership
TH
Thomas J. Healey
2+ yrs
Treasurer
Leadership
DJ
Darren Jackson
2+ yrs
Secretary
Leadership
NH
Nick Howley
2+ yrs
Trustee
DR
Darla Romfo
2+ yrs
Trustee
DS
Dr Daniel Scoggin
Trustee
CW
Christopher Wilson
2+ yrs
Trustee
MM
Michael Messner
2+ yrs
Trustee
AS
Abigail Schumwinger
2+ yrs
Trustee, Partner and Investment DIR
JE
John Eriksen
2+ yrs
Managing Partner
Grants Awarded (172 total)
| Purpose | ||||
|---|---|---|---|---|
| Fugees Family | Columbus, OH | $1,350,000 | PRIVATE SCHOOL FUNDING. | 2018 |
| Cristo REY Network | Chicago, IL | $1,155,000 | PRIVATE SCHOOL FUNDING. | 2018 |
| Fugees Family Inc | Columbus, OH | $900,000 | PRIVATE SCHOOL FUNDING | 2021 |
| Partnership Schools | New York, NY | $675,000 | PRIVATE SCHOOL FUNDING | 2020 |
| Partnership Schools | New York, NY | $675,000 | PRIVATE SCHOOL FUNDING | 2020 |
| Good Shepherd Mission Network | New Orleans, LA | $600,000 | PRIVATE SCHOOL FUNDING. | 2018 |
| Julie Billiart Network | Lyndhurst, OH | $550,000 | PRIVATE SCHOOL FUNDING | 2021 |
| Kingdom PREP | Lubbock, TX | $500,000 | PRIVATE SCHOOL FUNDING. | 2018 |
| St Marcus Lutheran School | Milwaukee, WI | $480,000 | NETWORK GRANTS | 2022 |
| Lutheran Urban Mission Initiative Inc | Milwaukee, WI | $450,000 | PRIVATE SCHOOL FUNDING | 2019 |
| Seton Education Partners | Cincinnati, OH | $450,000 | PRIVATE SCHOOL FUNDING | 2019 |
| St Augustine Preparatory Academy | Milwaukee, WI | $425,000 | GENERAL SUPPORT GRANT | 2023 |
| Build Up | Birmingham, AL | $400,000 | PRIVATE SCHOOL FUNDING. | 2018 |
| Cristo REY Network | Chicago, IL | $333,586 | PRIVATE SCHOOL FUNDING | 2020 |
| Cristo REY Jesuit High School Milwaukee | W Milwaukee, WI | $312,500 | PRIVATE SCHOOL FUNDING | 2019 |
| Fugees Family Inc | Columbus, OH | $305,600 | PRIVATE SCHOOL FUNDING | 2020 |
| Fugees Family Inc | Columbus, OH | $305,600 | PRIVATE SCHOOL FUNDING | 2020 |
| Cristo REY St Viator Las Vegas College Preparatory | North Las Vegas, NV | $300,000 | PRIVATE SCHOOL FUNDING | 2019 |
| Kingdom PREP Lutheran HS | Wauwatosa, WI | $282,600 | PRIVATE SCHOOL FUNDING | 2020 |
| Kingdom PREP Lutheran HS | Wauwatosa, WI | $282,600 | PRIVATE SCHOOL FUNDING | 2020 |
| Partnership Schools | New York, NY | $275,000 | PRIVATE SCHOOL FUNDING | 2021 |
| Julie Billiart | Brecksville, OH | $250,000 | GENERAL SUPPORT GRANT | 2023 |
| Sailfuture Academy | St Petersburg, FL | $250,000 | START-UP GRANTS | 2022 |
| Cristo REY Research Triangle HS NC | Durham, NC | $237,500 | GENERAL SUPPORT GRANT | 2023 |
| Bader Hillel High Inc | Milwaukee, WI | $230,000 | PRIVATE SCHOOL FUNDING | 2019 |
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