Driven by Purpose Foundation
Driven by Purpose Foundation is a private foundation focused on Education, based in Santa Rosa Beach, FL. IRS filing data is available from 2020 through 2023. In 2023, it made $5K in qualifying distributions.
Driven by Purpose Foundation at a glance
- Revenue (2023)
- $2,643
- Qualifying distributions (2023)
- $5,478
- +76.4% vs 2022
- Expenses (2023)
- $5,478
- +76.4% vs 2022
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Driven by Purpose Foundation funds
How this funder distributes its grants
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Driven by Purpose Foundation gives
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $2K (2022) to $51K (2021). In 2022 it made 1 grant totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $2,643 | $5,478 | — | — | $5,478 | — | $167 |
| 2022 | $2,835 | — | $3,106 | $2,000 | 1 | $3,106 | — | $339 |
| 2021 | $5,941 | $1 | $51,151 | $51,151 | 5 | $51,151 | $1 | $3,228 |
| 2020 | $55,591 | $6,606 | $44,249 | $41,724 | 12 | — | $6 | $3,950 |
Under IRS private-foundation payout rules, Driven by Purpose Foundation reported a distributable amount of $167 for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Driven by Purpose Foundation is led by Brent Woodard, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2023 filing
Brent Woodard
President
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Driven by Purpose Foundation
What is Driven by Purpose Foundation?
Driven by Purpose Foundation is a private foundation focused on Education, based in Santa Rosa Beach, FL.
Where does Driven by Purpose Foundation operate?
Driven by Purpose Foundation has awarded grants in California, Florida, Georgia, Minnesota, New Jersey, New York, Pennsylvania, Tennessee, West Virginia.
How much is Driven by Purpose Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Driven by Purpose Foundation reported a distributable amount of $167 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Driven by Purpose Foundation's EIN?
Driven by Purpose Foundation's EIN (Employer Identification Number) is 82-3958704. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Live grants for the work Driven by Purpose Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Driven by Purpose Foundation's focus areas in our free grants database
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Funders with grantees in common
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Assets
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