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Filing year 2023

THE DREXEL FUND

Seattle, Washington·EIN 46-5768451·NTEE B12 · Education·501(c)(3)
Total revenue
$5.2M
Total assets
$17.5M
Total expenses
$3.5M
Reported officers
9

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Managing Partner
Unclassified
$272k
$301k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE DREXEL FUND equaled 8% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
8%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$2.6M

Itemized grants

31

Median grant

$67k

RecipientLocationPurposeAmount
ST AUGUSTINE PREPARATORY ACADEMYMILWAUKEE, WIGENERAL SUPPORT GRANT$425k
JULIE BILLIARTBRECKSVILLE, OHGENERAL SUPPORT GRANT$250k
CRISTO REY RESEARCH TRIANGLE HS NCDURHAM, NCGENERAL SUPPORT GRANT$238k
CRISTO REY MIAMI HIGH SCHOOLMIAMI, FLGENERAL SUPPORT GRANT$137k
THE ECCLESIAL SCHOOLS INITIATIVE INCCASSELBERRY, FLGENERAL SUPPORT GRANT$130k
NOTRE DAME SCHOOL OF MILWAUKEEMILWAUKEE, WIGENERAL SUPPORT GRANT$125k
THE BASILICA SCHOOL OF ST MARY STAR OF THE SEAKEY WEST, FLGENERAL SUPPORT GRANT$125k
THE LINK SCHOOLBATON ROUGE, LATHE LINK SCHOOL GENERAL SUPPORT GRANT$125k
TUSCULUM HILLS BAPTIST CHURCHNASHVILLE, TNGENERAL SUPPORT GRANT$125k
ARCADIA CHRISTIAN ACADEMYARCADIA, FLFIRST BAPTIST CHURCH OF ARCADIA GENERAL SUPPORT GRANT$100k
COOLANU INCMIAMI, FLCOOLANU INC (SHORASHIM ACADEMY) GENERAL SUPPORT GRANT$100k
ICON PREPARATORY SCHOOLTAMPA, FLGENERAL SUPPORT GRANT$100k
LIBERTY ACADEMYCOLUMBUS, INLIBERTY ACADEMY GENERAL SUPPORT GRANT$75k
LIFT ACADEMYCLEARWATER, FLLIFT ACADEMY GENERAL SUPPORT GRANT$75k
STARS AUTISM SCHOOLS FOUNDATIONMIAMI, FLGENERAL SUPPORT GRANT$70k
SETON EDUCATION PARTNERSNEW YORK, NYGENERAL SUPPORT GRANT$67k
ALISON RINI (STAR LAB)SIESTA KEY, FLGENERAL SUPPORT GRANT$50k
IGNITE CLASSICAL SCHOOLSHREVEPORT, LAIGNITE CLASSICAL SCHOOL GENERAL GRANT$48k
JENNIFER CIMINO (SUMMIT CHRISTIAN ACADEMY)MENOMONIE, WIGENERAL SUPPORT GRANT$38k
LYDIA SCHUMAKE (BE ACADEMY)MADISON, TNGENERAL SUPPORT GRANT$37k
INFINITE POTENTIAL LEARNING ACADEMYST PETERSBURG, FLINFINITE POTENTIAL LEARNING ACADEMY GENERAL SUPPORT GRANT$25k
KENOSHA CHRISTIAN ACADEMYKENOSHA, WIGENERAL SUPPORT GRANT$25k
ST MARTIN DE PORRESCLEVELAND, OHST MARTIN DE PORRES PLANNING GRANT$25k
LIBERTAS SCHOOLMEMPHIS, TNLIBERTAS SCHOOL PLANNING GRANT$20k
WESTSIDE CHRISTIAN SCHOOLCOLUMBUS, OHGENERAL SUPPORT GRANT$20k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 2%
from 2022

From $268k in 2022 to $272k in 2023.

$268k
2022
$272k
2023
In today's dollarsEst.
Down 4% in real terms$313k to $301k

Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE DREXEL FUND

What are THE DREXEL FUND's revenue and expenses?

In 2023, THE DREXEL FUND reported $5.2M in total revenue and $3.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.