The Drexel Fund

Open & Accessible
Private Foundation
SOUTH BEND, WashingtonMediumEIN: 465768451
Charter SchoolsEducation NonprofitsPrivate SchoolsYouth Development ProgramsSchools

The Drexel Fund is a nonprofit venture-philanthropy fund that provides grants and investments to create and scale private K–12 schools serving low-income students. The organization's official website describes grant programs (school start-up grants, seed/founders program, and scale investments), a portfolio of funded schools, staff and board, and contact information.

Source: Website · Mar 2026

Ideal Applicant

A private K–12 school or network serving low-income students that is either an early-stage founder or a school ready to scale and can provide enrollment, demographic, academic, and operational data.

Good Fit

  • Private K–12 school model focused on low-income students
  • Early-stage founder or an organization planning rapid scale
  • Willingness and capacity to share enrollment, demographic, academic, and operational templates
  • Evidence of organizational readiness for venture-style support (growth plan, leadership team)
  • Located in a state or region the fund has previously supported

Geography

Broad

Observed grants span many states (16 in the latest year), indicating a multi-state/national footprint even though one state received a noticeable share of dollars.

Recipient Variety

Broad

The latest filing shows dozens of distinct independent recipients (55 in 2024) and a pattern of many different grantees across multiple years rather than a tiny closed set.

New Applicants

Moderate

Behavior shows a high rate of new grantees in the latest year (most recipients were new), which indicates the funder brings new organizations into its portfolio; however, applications are explicitly by invitation only, so an unfamiliar applicant cannot rely on an open public application process.

Source: Zeffy Agent · Mar 2026