Driven By Purpose Foundation
- Assets
- $0.0
- Revenue
- $2.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Rosa Beach, FL
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 82-3958704
Organization Overview
Driven By Purpose Foundation is located in Santa Rosa Beach, FL. The organization was established in 2018. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Driven By Purpose 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 12/2023, Driven By Purpose Foundation generated $2.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (54.5%) each year. All expenses for the organization totaled $5.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (45.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Driven By Purpose Foundation has awarded 25 individual grants totaling $204,890. 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
FINANCIALLY ASSIST FAMILIES WITH SPECIAL NEEDS CHILDREN.
SUPPORT TO OTHER CHARITIES THAT SUPPORT SPECIAL NEEDS CHILDREN.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,643 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,643 |
| 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 | $54 |
| Total operating and administrative expenses | $5,478 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Driven By Purpose Foundation has awarded $51,151 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
JAKE LACLAIR PURPOSE: TO FINANCIALLY ASSIST A FAMILY WITH A SPECIAL NEEDS CHILD WITH BATHROOM AND ENTRY REMODEL. | $10,000 |
EMERALD COAST EXCEPTIONAL FAMILIES PURPOSE: TO CONNECT AND SUPPORT SPECIAL NEEDS FAMILIES AND ENHANCE THEIR LIVES THROUGH EVENTS AND EDUCATION. | $1,151 |
MARGARET CARLENE SMITH PURPOSE: TO FINANCIALLY ASSIST A FAMILY WITH A SPECIAL NEEDS CHILD. | $20,000 |
HOLY PURSUIT'S DREAM FOUNDATION PURPOSE: TO PROVIDE HUNTING & FISHING TRIPS TO CHILDREN WHO HAVE OR HAVE HAD A LIFE THREATENING ILLNESS OR DISEASE. | $15,000 |
TIM BEDELL PURPOSE: TO FINANCIALLY ASSIST A FAMILY WITH A SPECIAL NEEDS CHILD WITH THE PURCHASE OF AN ACCESSIBLE VEHICLE. | $5,000 |