The Keith and Luann Driscoll
The Keith and Luann Driscoll is a private foundation, based in Cornelius, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 6 grants totaling $150K. Net investment income was $89K.
The Keith and Luann Driscoll at a glance
In short: The Keith and Luann Driscoll gave $150K across 6 grants in 2025 (avg $25K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $150,000
- +17.6% vs 2024
- Grants made (2025)
- 6
- +20.0% vs 2024
- Average grant
- $25,000
- -2.0% vs 2024
- Median grant
- $25,000
- Total assets
- $1,926,040
- -3.1% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Keith and Luann Driscoll funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Answer Scholarship ($40K). Together the top 6 received $150K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 27 grants of 27 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
How The Keith and Luann Driscoll gives
- Giving grew 67% from 2022 to 2025. Method
- In 2025 it paid out 135% of 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 2025, annual grant giving ranged from $60K (2020) to $150K (2025). In 2025 it made 6 grants totaling $150K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Answer Scholarship Charlotte, NC | Charitable | $40,000 |
| Crisis Assistance Ministry Charlotte, NC | Charitable | $30,000 |
| WNC Communities Ashville, NC | Charitable | $25,000 |
| The Community Foundation of Western NC Ashville, NC | Charitable | $25,000 |
| Blue Ridge Conservancy Boone, NC | Charitable | $20,000 |
| Brookstone Schools Charlotte, NC | Charitable | $10,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,926,040 | $108,768 | $171,330 | $150,000 | 6 | $150,000 | $88,630 | $110,961 |
| 2024 | $1,988,602 | $296,984 | $146,996 | $127,500 | 5 | $127,500 | $81,251 | — |
| 2023 | $1,838,614 | $720,820 | $103,220 | $90,000 | 6 | $90,000 | $255,902 | — |
| 2022 | $1,433,840 | $547,149 | $94,766 | $90,000 | 6 | $90,000 | $41,231 | — |
| 2021 | $1,136,788 | $65,594 | $84,741 | $75,000 | 4 | $75,000 | $45,539 | — |
| 2020 | $1,155,935 | $1,700,934 | $60,637 | $60,000 | 4 | — | $500,525 | — |
Under IRS private-foundation payout rules, The Keith and Luann Driscoll reported a distributable amount of $111K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Keith and Luann Driscoll is led by Keith D. Driscoll, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Keith D. Driscoll
President
On filings since 2020
No compensation reported
Luann Driscoll
Director
On filings since 2023
No compensation reported
Former officers (1)
- Former: Lu Ann Driscoll (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2025. "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 The Keith and Luann Driscoll
How much does The Keith and Luann Driscoll give each year?
The Keith and Luann Driscoll gave $150K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $128K across 5 grants.
What is The Keith and Luann Driscoll's typical grant size?
The Keith and Luann Driscoll's median grant in 2025 was $25,000, and its average grant was $25,000, across 6 grants on its 2025 IRS Form 990-PF.
Where does The Keith and Luann Driscoll give grants?
The Keith and Luann Driscoll gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Charlotte, NC (3 grants) and Ashville, NC (2 grants).
Does The Keith and Luann Driscoll give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on The Keith and Luann Driscoll's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (6 grants).
Who are The Keith and Luann Driscoll's largest grantees?
The Keith and Luann Driscoll's largest 2025 grantees include Answer Scholarship ($40,000), Crisis Assistance Ministry ($30,000) and WNC Communities ($25,000), according to its 2025 IRS Form 990-PF. Together they received 63% of its itemized 2025 grant dollars.
How large is The Keith and Luann Driscoll?
The Keith and Luann Driscoll reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $150K in qualifying distributions that year, against a required minimum of $111K (roughly 5% of its investment assets).
What is The Keith and Luann Driscoll's EIN?
The Keith and Luann Driscoll's EIN (Employer Identification Number) is 85-3203350. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Keith and Luann Driscoll funds
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