Hagerty Drivers Foundation
EIN 461562577 Private FoundationAbout
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $104,834. This amount represents 25% or more of the Foundation's net assets of $11,804 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2021 | $105K | $15K | $566K | 36 |
| 2022 | $77K | $84K | $770K | 116 |
| 2023 | $230K | $164K | $701K | 332 |
| 2024 | $192K | $193K | $648K | 330 |
Grant Size Distribution
Based on 814 grants on record
Geographic Distribution
Texas Counties Served
Top 5 counties
- 1 Tarrant
- 2 Dallas
- 3 Harris
- 4 Lampasas
- 5 Johnson
Officers & Directors
Grants Awarded (814 total)
| Purpose | ||||
|---|---|---|---|---|
| RPM Foundation | Tacoma, WA | $50,000 | RPM Apprenticeship Program | 2021 |
| RPM Foundation | Tacoma, WA | $50,000 | The Endangered Skills Program | 2023 |
| McPherson College | McPherson, KS | $40,000 | Automotive Restoration Scholarship Program | 2021 |
| D R I V E One | Ray TWP, MI | $25,000 | General & Unrestricted | 2022 |
| McPherson College | McPherson, KS | $25,000 | Automotive Restoration Dept fund | 2023 |
| Motorsports Museum & Hall of Fame of America Found | Daytona Beach, FL | $25,000 | SPARK - Students Preserving AmerICAN RACING KNOWLEDGE PROGRAM | 2024 |
| New Visions for Public Schools Inc | New York, NY | $12,500 | New Visions Auto-Pilot FUND | 2024 |
| D R I V E One | Ray TWP, MI | $5,000 | DRIVE One: RevUp FUND | 2024 |
| The Edison Institute Inc | Dearborn, MI | $2,340 | Hudson Hornet exhibit | 2023 |
| The Edison Institute Inc | Dearborn, MI | $850 | General & Unrestricted | 2023 |
| B VanProoyen | Grand Rapids, MI | $500 | Scholarship Grant | 2024 |
| C Hensler | Westland, MI | $500 | Scholarship Grant | 2024 |
| C Jones | Dayton, OH | $500 | Scholarship Grant | 2024 |
| C Lewis | Fairborn, OH | $500 | Scholarship Grant | 2024 |
| C Perry | Beavercreek, OH | $500 | Scholarship Grant | 2024 |
| C Sizemore | Kettering, OH | $500 | Scholarship Grant | 2024 |
| C Washington | Monroe, LA | $500 | Scholarship Grant | 2024 |
| C West-smith | Detroit, MI | $500 | Scholarship Grant | 2024 |
| D Gatson | Alexandria, LA | $500 | Scholarship Grant | 2024 |
| D Ivanovitch | Spokane, WA | $500 | Scholarship Grant | 2024 |
| D Jasmin | Vacherie, LA | $500 | Scholarship Grant | 2024 |
| D Levy | Abbeville, LA | $500 | Scholarship Grant | 2024 |
| D Moody | Detroit, MI | $500 | Scholarship Grant | 2024 |
| D Paternostro | Duson, LA | $500 | Scholarship Grant | 2024 |
| D Taylor | Jena, LA | $500 | Scholarship Grant | 2024 |
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