Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Driving Hope Foundation is a nonprofit organization dedicated to providing vocational training and workforce development services to underserved communities. With an operating budget of $222.1K for the 2024 filing year and total revenue of $218.1K, the foundation is supported by multiple funders, none of which contribute over 50% of its revenue. More information about their initiatives can be found on their website at www.southbayhope.com.

Mission Statement

To provide vocational training and workforce developement services in underserved communities
Revenues
$218.1K
Expenses
$222.1K
Net Income:
-$4K
Assets
$16.6K
Liabilities
$0
Net Assets:
+$16.6K
Operating Budget
$222.1K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$5.5K
Largest grant received
$10K
M
Manuel Garcia
Board Member
M
Manny Garcia
Board Member
E
Edward Hinojosa
Employee

Frequently Asked Questions

What is DRIVING HOPE FOUNDATION’s budget?
In 2024, DRIVING HOPE FOUNDATION reported an annual operating budget of around $222 thousand. More detailed financial information is available to registered users.
What causes does DRIVING HOPE FOUNDATION support?
DRIVING HOPE FOUNDATION supports work in Adult education.
Where does DRIVING HOPE FOUNDATION operate?
DRIVING HOPE FOUNDATION is headquartered in Signal Hill, CA.
Who funded DRIVING HOPE FOUNDATION recently?
In 2025, DRIVING HOPE FOUNDATION received grants from GOODWIN FAMILY MEMORIAL TUA, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and WESTERN ASSET MANAGEMENT COMPANY CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant DRIVING HOPE FOUNDATION received in 2024?
The largest grant to DRIVING HOPE FOUNDATION in 2024 exceeds $10 thousand.
What is DRIVING HOPE FOUNDATION’s reliance on government grants?
DRIVING HOPE FOUNDATION relied on government grants for more than 70% of their total revenue in 2024.