Drake commits annually to various philanthropic relationships through its charitable arms: Drake Foundation and Chile+Hoy. Most of the charitable efforts are concentrated in the education and environmental sectors. Drake has also actively partnered with several Chilean “think tanks”, elderly care, and children’s cultural foundations.
Additionally, the Drake Group supports the Universidad Adolfo Ibañez, a liberal arts school that enrolls over 11,000 students in both undergraduate and post-graduate programs. Founded in 1953 by the Ibanez family, the university offers 15 professional careers from the business, engineer, law, psychology and journalism schools. Universidad Adolfo Ibanez was the first educational institution in Chile to offer an MBA program.