Public Charity

DRAKE UNIVERSITY

DRAKE UNIVERSITY, of DES MOINES, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $256.3M in revenue, $246.3M in expenses, $628.3M in total assets. 697 publicly reported grants to this organization, totaling roughly $22.4M, appear in IRS filings.

EIN: 420680460 DES MOINES, IA Latest filing: 2025
Total Revenue$256.3M
Total Expenses$246.3M
Total Assets$628.3M
Grant Records697
Funding Total$22.4M
Filing Years2021–2025

Mission

SEE SCHEDULE O.DRAKE'S MISSION IS TO PROVIDE AN EXCEPTIONAL LEARNING ENVIRONMENT THAT PREPARES STUDENTS FOR MEANINGFUL PERSONAL LIVES, PROFESSIONAL ACCOMPLISHMENTS, AND RESPONSIBLE GLOBAL CITIZENSHIP. THE DRAKE EXPERIENCE IS DISTINGUISHED BY COLLABORATIVE LEARNING AMONG STUDENTS, FACULTY, AND STAFF AND BY THE INTEGRATION OF THE LIBERAL ARTS AND SCIENCES WITH PROFESSIONAL PREPARATION.

Sample Grants Received

$405,000
2024
GRANT DISTRIBUTION-PRACTITIONER IN RESIDENCE
$250,000
2024
For grant recipient's exempt purposes
$236,675
$193,950

Showing up to 5 of 697 total records — full history available with membership.

Officers & Directors

CFO AND TREASURER Adam Voigts
HEAD WOMEN'S BASKETBALL COACH Allison Pohlman
TRUSTEE Amy Ohde
HEAD MEN'S BASKETBALL COACH Benjamin Mccollum
DIRECTOR OF ATHLETICS Brian Hardin
TRUSTEE AND VICE CHAIR Cynthia Lesher

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$2,007,516 20 grants
GRANT DISTRIBUTION
$1,766,940 138 grants
For grant recipient's exempt purposes
$1,661,087 9 grants
EDUCATION
$1,629,814 16 grants
TO DISTRIBUTE NCAA SPECIAL ASSISTANCE AND STUDENT ATHLETE OPPORTUNITY FUNDS
$756,642 8 grants

Financial Trends

Year Revenue Expenses Assets
2025 $256.3M $246.3M $628.3M
2024 $263.1M $250.5M $607.5M
2023 $259.1M $246.3M $568.2M
2022 $253.0M $238.0M $538.2M
2021 $245.4M $218.0M $572.6M

Between 2021 and 2025, reported annual revenue grew from $245.4M to $256.3M (+4%), with total assets most recently reported at $628.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for DRAKE UNIVERSITY

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