Public Charity

The DRG Foundation

The DRG Foundation is a Public Charity headquartered in Corte Madera, CA. Financial data from the 2024 filing: $725K revenue, $383K expenses, $8.1M total assets. 3 publicly reported grants to this organization, totaling roughly $108K, appear in IRS filings.

EIN: 463699756 Corte Madera, CA Latest filing: 2024
Total Revenue$725K
Total Expenses$383K
Total Assets$8.1M
Grant Records3
Funding Total$108K
Filing Years2019–2024

Mission

The organization is dedicated to providing financial support to Bay Area students who are passionate about academics, athletics, and the arts. The DRG Foundation provides grants to Marin Catholic High School in Marin, California, Santa Clara University in Santa Clara, California, and the University of Miami in Miami, Florida, specifically allocated for student scholarships. Furthermore, the organization supports art and athletic programs, and contributes to art and athletic facility enhancements throughout the San Francisco Bay Area.

Where $100 goes at The DRG Foundation

How The DRG Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$86 Programs the work itself
$13 Management running the organization
$1 Fundraising raising the next dollar

Inside the $86 for programs

$86
The organization gave grants to four organizations, including two schools, for the advancement of education
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Treasurer Emily Fiel
President Greg Choma
Director Josh Mandel
Director Matt Cappiello
Secretary Michelle Ghilotti Mandel
Director Nico Dumont

Officer compensation and complete director data available with membership.

Top Grant Purposes

Fundraising & Sponsorship
$10,000 1 grant
Health & Medicine
$10,000 1 grant
Unspecified
$88,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $725K $383K $8.1M
2023 $319K $376K $7.7M
2022 $986K $119K $7.2M
2020 $171K $226K $6.5M
2019 $5.1M $247K $6.3M

Between 2019 and 2024, reported annual revenue declined from $5.1M to $725K (-86%), with total assets most recently reported at $8.1M.

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

See the full picture for The DRG Foundation

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