Program areas at Draper Hero Institute
Our goal is to enable the general public the ability to experience, learn, & access tangible technology through a state of the art virtual reality (vr) arcade. The newest vr technologies tend to be very expensive for consumers to purchase and access, which creates a barrier for the average consumer. We will carefully observe how these technologies are used in practice with goals to improve educational outcomes further our mission. We hope to delight our customers by providing them with the latest and greatest technologies at a low pay per minute cost.
Launched in 2021, we have ignited an innovative research index consisting of a series of data indicators on the state of entrepreneurial activity, environment, and drivers - nationally and globally. The Draper innovation index (dii) looks at key success factors, metrics, and indicators that support the performance of startups and businesses. Dii serves as a benchmark to facilitate the creation of new jobs and economic prosperity, pursue emerging opportunities in vc funding, startup culture, and examine government qualities and regulatory environments.
Dhi runs the makerspace in the heart of silicon valley where young entrepreneurs and emerging technology businesses are networking together and creating new ideas through a shared workspace. With over 34,000 total sq ft. and two floors of shop and office space, the makerspace is perfect for technology start-ups.
Personnel at Draper Hero Institute
Name | Title | Compensation | Date of data |
---|
Frank Creer | Chief Executive Officer and President | $0 | 2021-12-31 |
Desiree Omran | Chief Financial Officer and Treasurer | $0 | 2022-11-13 |
Vivian Lufkin | Executive Director | $72,000 | 2021-12-31 |
Timothy Draper | Chairperson | $0 | 2021-12-31 |
Karen Mostes-Withrow | Secretary | $0 | 2021-12-31 |
Financials for Draper Hero Institute
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $0 | $0 | - |
Program services | $79,285 | $68,604 | 15.6% |
Investment income and dividends | $62 | $94 | -34% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $3,562 | -100% |
Total revenues | $79,347 | $72,260 | 9.8% |
Organizations like Draper Hero Institute
Organization | Type | Location | Revenue |
---|
Five Star Education Advocacy Group | 501(c)(3) | Fairburn, GA | $21,150 |
Abc To CEO | 501(c)(3) | Scottsdale, AZ | $76,750 |
Project Color Corps | 501(c)(3) | Berkeley, CA | $97,816 |
Forsyth Education Partnership | 501(c)(3) | Winston Salem, NC | $103,361 |
Consensuality | 501(c)(3) | Encino, CA | $74,784 |
P A L | 501(c)(3) | Spokane, WA | $49,357 |
Education Without Borders | 501(c)(3) | Portland, OR | $87,820 |
International Bullying Prevention Association | 501(c)(3) | Thorton, CO | $20,099 |
College Money Matters | 501(c)(3) | Larchmont, NY | $58,866 |
Columbia Peace and Justice Initiative | 501(c)(3) | Columbia, TN | $62,364 |
Data update history
May 21, 2023
Used new vendors
Identified 1 new vendor, including
August 16, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 4, 2022
Updated personnel
Identified 1 new personnel
August 4, 2022
Used new vendors
Identified 2 new vendors, including , and
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Social advocacy organizationsSchoolsEducational service providersCharities
Issues
Education
Characteristics
Tax deductible donationsNo full-time employees
General information
- Address
- 55 E 3rd Ave
- San Mateo, CA 94401
- Metro area
- San Francisco-Oakland-Berkeley, CA
- County
- San Mateo County, CA
- Website URL
- draperhero.org/Â
- Phone
- (650) 234-8541
IRS details
- EIN
- 82-4951039
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2018
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B90: Educational Services
- NAICS code, primary
- 813319: Social Advocacy Organizations
- Parent/child status
- Independent
Free account sign-up
Want updates when Draper Hero Institute has new information, or want to find more organizations like Draper Hero Institute?
Create free Cause IQ account