Driver Family Foundation

Organization Overview

Driver Family Foundation is located in New Providence, NJ. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Driver Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Driver Family Foundation generated $193.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $152.9k during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Driver Family Foundation has awarded 128 individual grants totaling $721,850. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Sara Miller Driver
Trustee
$0
Martha W Driver
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $2,730
Dividends & Interest $76,552
Net Rental Income$0
Net Gain on Sale of Assets $114,259
Capital Gain Net Income $114,259
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $193,541

Grants Awarded

Over the last fiscal year, Driver Family Foundation has awarded $150,000 in support to 11 organizations.

Grant RecipientAmount

ST PAUL'S EPISCOPAL CHURCH

PURPOSE: GENERAL SUPPORT

$50,000

OVERLOOK HOSPITAL FOUNDATION

PURPOSE: GENERAL SUPPORT

$50,000

CENTER FOR THE HISTORY OF THE BOOK

PURPOSE: GENERAL SUPPORT

$10,000

NYU EARLY BOOK SOCIETY

PURPOSE: GENERAL SUPPORT

$10,000

350ORG

PURPOSE: GENERAL SUPPORT

$5,000

ESPALO AFGHANI REFUGEE RELIEF FUND

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Profile

Peer Organizations

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