The Draper Richards Foundation provides selected social entrepreneurs with funding of $100,000 annually for three years. The funds are specifically and solely for entrepreneurs starting new non-profit organizations. The Draper Richards Fellowships are highly selective. We only award six fellowships per year so we can fully engage with our portfolio of grantee organizations. The Draper Richards Foundation was founded in 2002. Funders William H. Draper, III and Robin Richards Donohoe, venture capitalists who have run highly successful funds together, believe in the power of innovation and passionate individuals to change the world. We fund models with broad social impact. We critique the ability of the organization to create significant social change. The idea must be sustainable and scalable. The founder must have the skills to manage a national or global organization. The organizations we select will demonstrate innovative ways to solve existing social problems. The Foundation accepts proposals for a variety of public service areas, including, but not limited to, education, youth and families, the environment, arts, health, and community and economic development. We seek organizations that are or plan to be national or global in scope. Draper Richards uses a rigorous selection process. We use a venture philanthropy process which requires completion of a business plan and our staff conducts rigorous due diligence including significant research, reference checks, calls to field experts and site visits. Draper Richards is results driven. We build a contract with each Fellow based on business plan goals and use these targets in an ongoing evaluation process to drive organizational growth and programmatic success. Draper Richards is a collaborative and engaged partner. We provide portfolio organizations with strategic guidance and coaching, often by taking an active role as a board member, with focus given to fundamentals that build strong and sustainable organizations including governance, fund development and data gathering for long-term evaluation. Draper Richards is building a community of practice. We select and support the best social entrepreneurs and help them to learn from one another through gatherings, provision of resources and sharing of best practices.