Driscoll Foundation
- Assets
- $0.0
- Revenue
- $7.0m
- Investments
- $32.5m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 07/1963
- Data as of
- 02/2020
- EIN
- 41-6012065
Organization Overview
Driscoll Foundation is located in St Paul, MN. The organization was established in 1963. 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. Driscoll 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 02/2020, Driscoll Foundation generated $7.0m in total revenue. All expenses for the organization totaled $1.6m during the year ending 02/2020.
Since 2021, Driscoll Foundation has awarded 292 individual grants totaling $11,987,354. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth S Driscoll Director | 1 | $0 | |
Jeff Rtolzin Secretary/treasurer | 1 | $0 | |
John B Driscoll Director | 1 | $0 | |
Margaret L Driscoll Director | 1 | $0 | |
William L Driscoll Director | 1 | $0 | |
Elizabeth D Hlavka President/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,264,715 |
| Interest on Savings | $0 |
| Dividends & Interest | $801,676 |
| Profit on Inventory Sales | $0 |
| Other Income | $81,487 |
| Total Revenue | $7,007,514 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $198,254 |
| Contributions, gifts, grants paid | $1,425,000 |
| Total expenses and disbursements | $1,623,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,078,177 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Driscoll Foundation has awarded $1,220,500 in support to 99 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOHN'S ABBEY WOODWORKING PURPOSE: FIRST PAYMENT ON A TWO-YEAR PLEDGE OF $50,000 | $25,000 |
COMMUNITYGIVING PURPOSE: ALEXANDRIA AREA COMMUNITY FOUNDATION UNRESTRICTED FUND | $10,000 |
TACOMA ART MUSEUM PURPOSE: THE CAPITAL CAMPAIGN PLEDGE AND IS A 4-YEAR PLEDGE | $100,000 |
ARTS PARTNERSHIP PURPOSE: CAPITAL CAMPAIGN | $50,000 |
COMMUNITYGIVING PURPOSE: DRISCOLL DONOR ADVISED FUND WITH ALEXANDRIA AREA COMMUNITY FOUNDATION | $50,000 |
FAMILY PARTNERSHIP PURPOSE: THE CAPITAL CAMPAIGN AND IS A 3-YEAR PLEDGE OF $100,000 | $25,000 |