Driscoll Family Foundation

Analysis

Driscoll Family Foundation is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Driscoll Family Foundation reported income of $624k and spending of $528k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $823k to $624k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Driscoll Family Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Weiser Memorial Hospital Foundation Inc ($623k), Royale Oaks House of Hope ($624k) and Lincoln County Community Development Corporation ($622k).

At year end it held assets of $15.7m against liabilities of $2,573, net assets of $15.7m.