Gerald and Carol Driver Foundation

Foundation · Grantmaker ATHENS, GA EIN: 58-2554249

Gerald and Carol Driver Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATHENS, GA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $247K in total assets. In 2025, it awarded 11 grants totaling $15K. Net investment income was $13K.

Key facts about Gerald and Carol Driver Foundation

EIN: 58-2554249
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $15,095
Grants made (2025): 11
Average grant: $1,372
Median grant: $900
Total assets: $246,724
Primary geography: Georgia (91% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated April 2026.

Who Gerald and Carol Driver Foundation funds

By grant dollars, the top recipient states for Gerald and Carol Driver Foundation's 11 itemized 2025 grants were Georgia (91%) and Tennessee (7%). The most frequent recipient cities were Athens, GA (6 grants). None of its 11 grants with a stated purpose were described as general or operating support. Recurring purposes include "Fund Organization" (10 grants).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$247K

+4.0% YoY

Annual Giving

$15K

-9.7% YoY

Grant Count

-42.1% YoY

Avg Grant Size

$1K

+55.9% YoY

Under IRS private-foundation payout rules, Gerald and Carol Driver Foundation reported a distributable amount of $14K for 2025 — the minimum it must pay out in qualifying distributions.

About Gerald and Carol Driver Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $70K (91%)

Tennessee $5K (7%)

Maine $735 (1%)

Illinois $500 (1%)

District of Columbia $250 (0%)

Pennsylvania $250 (0%)

States

District of Columbia Georgia Illinois Maine Pennsylvania Tennessee

Cities

AthensWatkinsvilleAtlantaBogartMemphisJeffersonColumbiaChicagoLawrencevilleCarltonDecatorGainsvillePhiladelphiaWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$246,724	$237,348	$240,608
Revenue	$26,170	$15,394	$7,349
Expenses	$18,094	$19,753	$17,807
Qualifying Distributions	$15,095	$16,720	$15,094
Net Investment Income	$13,171	$7,461	$4,636
Distributable Amount	$14,426	$13,793	$13,581

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Grant Size Distribution

86 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Alps Rd Presbyterian Church ($7,325), Samaritan's Purse ($2,000), Food Bank of Ne Georgia ($1,000).

Recipient	Purpose	Amount
ALPS RD PRESBYTERIAN CHURCH ATHENS, GA	FUND ORGANIZATION	$7,325
SAMARITAN'S PURSE ATHENS, GA	FUND ORGANIZATION	$2,000
FOOD BANK OF NE GEORGIA ATHENS, GA	FUND ORGANIZATION	$1,000
ST JUDE CHILDREN RESEARCH MEMPHIS, TN	FUND ORGANIZATION	$1,000
THE BIGGER VISION OF ATHENS ATHENS, GA	FUND ORGANIZAITON	$1,000
EXTRA SPECIAL PEOPLE WATKINSVILLE, GA	FUND ORGANIZATION	$900
PRESBYTERIAN VILLAGE ATHENS ATHENS, GA	FUND ORGANIZATION	$850
GREATER JACKSON COUNTY YOUNG LIFE JEFFERSON, GA	FUND ORGANIZATION	$500
ALZHEIMER'S ASSOCIATION CHICAGO, IL	FUND ORGANIZATION	$250
WREATHS ACROSS AMERICA COLUMBIA, ME	FUND ORGANIZATION	$170

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
GERALD H DRIVER	TRUSTEE	—	—
CAROL F DRIVER	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Gerald and Carol Driver Foundation?

Gerald and Carol Driver Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATHENS, GA. It holds $247K in total assets as of 2025.

How large is Gerald and Carol Driver Foundation?

As of 2025, Gerald and Carol Driver Foundation holds $247K in total assets with $26K in annual revenue. It awarded 11 grants totaling $15K in 2025.

Where does Gerald and Carol Driver Foundation operate?

Gerald and Carol Driver Foundation has awarded grants in District of Columbia, Georgia, Illinois, Maine, Pennsylvania, Tennessee.

What size grants does Gerald and Carol Driver Foundation award?

In 2025, Gerald and Carol Driver Foundation awarded 11 grants totaling $15K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Gerald and Carol Driver Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Gerald and Carol Driver Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gerald and Carol Driver Foundation's EIN?

Gerald and Carol Driver Foundation's EIN (Employer Identification Number) is 58-2554249. IRS Form 990 filing data is available on this page for 2020–2025.