Gerald H And Carol F Driver Foundation Inc
- Assets
- $240.6k
- Revenue
- $7.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Athens, GA
- Founding
- 11/2000
- Data as of
- 06/2023
- EIN
- 58-2554249
Organization Overview
Gerald H And Carol F Driver Foundation Inc is located in Athens, GA. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Gerald H And Carol F Driver Foundation Inc 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 06/2023, Gerald H And Carol F Driver Foundation Inc generated $7.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $17.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Gerald H And Carol F Driver Foundation Inc has awarded 146 individual grants totaling $116,774. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald H Driver Trustee | 0 | $0 | |
Carol F Driver Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $48 |
| Dividends & Interest | $2,768 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,533 |
| Capital Gain Net Income | $4,533 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,349 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,808 |
| Total operating and administrative expenses | $2,713 |
| Contributions, gifts, grants paid | $15,094 |
| Total expenses and disbursements | $17,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,112 |
| Savings and temporary cash investments | $180,496 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $240,608 |
| Accounts payable and accrued expenses | $1,710 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,710 |
Grants Awarded
Over the last fiscal year, Gerald H And Carol F Driver Foundation Inc has awarded $15,094 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ALPS RD PRESBYTERIAN CHURCH PURPOSE: FUND ORGANIZATION | $4,550 |
ARTHRITIS FOUNDATION PURPOSE: FUND ORGANIZATION | $200 |
EXTRA SPECIAL PEOPLE PURPOSE: FUND ORGANIZATION | $1,000 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: FUND ORGANIZATION | $250 |
FOOD BANK OF NE GEORGIA PURPOSE: FUND ORGANIZATION | $1,000 |
FRIENDS OF OCONEE HILL CEMETERY PURPOSE: FUND ORGANIZATION | $250 |