Applications to the Drexel Fund are by invitation only. The application begins with an initial screen, which requires the submission via email of the following three elements:
Organizations must provide national norm-referenced test data, state test data, if applicable, and other academic indicators for evaluation using the templates provided by the Drexel Fund. Organizations that have been operating for less than five years must submit data since their inception, and organizations that have been operating for five or more years must submit data for at least five years.
Applicants also are asked to submit additional operational data regarding school finances, including audited financials for each of the prior three years, the management letter that accompanies the most recent audit, a current year budget, and a balance sheet as of application date.
If a school successfully passes our initial screen, members of the Drexel team will visit your school to meet with board and other school leadership. At that point, we will let you know if you are an investment candidate. Investment candidates are eligible to receive business planning grant support and, once a multi-year business and financial plan for network expansion is created, may be considered for growth funding.
The Drexel Fund welcomes all organizations that meet our investment criteria to contact us. If you haven’t already been in contact with a Drexel Fund staff member, please email us at info@DrexelFund.org.