EIN 45-4641567

Driving Force Group

IRS 501(c) type
501(c)(3)
Num. employees
4
Year formed
2013
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Driving Force Group helps create and support a society in which all people are equal and treated with dignity. The organization leverages funders' philanthropic experience, innate passions, and social influence to directly affect those in need of support. Programs include the Gerald Wallace Fund. The Williams sisters fund/Verizon YPRC aim to create equity through education and prevent and ease the pain caused by senseless acts of violence from her hometown of Compton to countries like Kenya and Jamaica. Serena Williams has used her platform and resources to make a difference.
Also known as...
Driving Force Giving Circle; Driving Force Giving Circle
Total revenues
$1,267,574
2023
Total expenses
$1,611,825
2023
Total assets
$918,965
2023
Num. employees
4
2023

Program areas at Driving Force Group

Yetunde price resource center (yprc) - creating equity through education and preventing and easing the pain caused by senseless acts of violence from her hometown of compton to countries like kenya and jamaica. Williams has used her platform and resources to build and fund schools, to combat racism in communities, and to heal the victims and family members of those affected by violence.
ALICE Community Center - In 2025 the community center will be built and currently there is pop up programming in Childersburg around supplemental education and college access.
Tyronn Lue Fund - Tyronn Lue Fund partners with other private and public donors to bring millions of dollars into the reinvestment of his hometown, Mexico, Missouri.

Grants made by Driving Force Group

GranteeGrant descriptionAmount
The 7uice FoundationGrant/donation$79,477

Who funds Driving Force Group

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Walton Family FoundationTo Subgrant To Awardees of An RFP Seeking To Identify Community Engagement Innovators and Potential Partners for Innovation Across the Country.$274,000
Walton Family FoundationTo Support Financial and Business Planning for the Development of A New 30,000 Square Foot Community Center in Childersburg, Alabama.$120,000
La Clippers FoundationGeneral Donation$40,000
...and 4 more grants received

Personnel at Driving Force Group

NameTitleCompensation
Jennifer Goldstock WrightChief Executive Officer$438,569
Jenny Goldstock WrightFounder and Chief Executive Officer$363,958
Blair DemersExecutive Director
Juan Trenado-SandovalDirector
Yvette Chong-CoontzComptroller
...and 8 more key personnel

Financials for Driving Force Group

RevenuesFYE 12/2023
Total grants, contributions, etc.$309,697
Program services$730,163
Investment income and dividends$19,714
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$208,000
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,267,574

Form 990s for Driving Force Group

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-10990View PDF
2022-122023-06-12990View PDF
2021-122022-07-20990View PDF
2020-122021-09-03990View PDF
2019-122021-03-30990View PDF
...and 6 more Form 990s
Data update history
August 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 8, 2024
Updated personnel
Identified 2 new personnel
July 15, 2024
Used new vendors
Identified 1 new vendor, including
July 8, 2024
Received grants
Identified 4 new grant, including a grant for $274,000 from Walton Family Foundation
December 27, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Provides grantsNational levelTax deductible donationsAccepts online donations
General information
Address
11140 Rockville Pike Suite 100-237
Rockville, MD 20852
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
drivingforcegroup.org/ 
Phone
(917) 532-5584
IRS details
EIN
45-4641567
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0249682
FTB Entity ID
4083275
AB 488 data last updated ("as-of") date
2024-10-16
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