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Darmac Foundation is a private corporation based in PROVIDENCE, RI. The foundation received its IRS ruling in 1997. The principal officer is Jessie P Kingston Pres. It holds total assets of $99K. Annual income is reported at $51K. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Darmac Foundation has made 3 grants totaling $25K, with a median grant of $10K. Annual giving has decreased from $20K in 2022 to $5K in 2023. Individual grants have ranged from $5K to $10K, with an average award of $8K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in New York and Hawaii. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Darmac Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY, HI.
Darmac Foundation has distributed a total of $25K across 3 grants. The median grant size is $10K, with an average of $8K. Individual grants have ranged from $5K to $10K.
Darmac Foundation typically selects its grantees rather than accepting unsolicited proposals.
Darmac Foundation is headquartered in PROVIDENCE, RI. While based in RI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jessie P Kingston | PRESIDENT | $0 | $0 | N/A |
| Darin B Kingston | DIRECTOR | $0 | $0 | N/A |
| Mckayla P Kingston | DIRECTOR | $0 | $0 | N/A |
| James B Kingston | SECRETARY | $0 | $0 | N/A |
Total Giving
$6K
Total Assets
$97K
Fair Market Value
$107K
Net Worth
$97K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$10K
Total: $92K
Total Grants
3
Total Giving
$25K
Average Grant
$8K
Median Grant
$10K
Unique Recipients
2
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kako'O MauiRECOVERY FROM MAUI FIRES | Kaplolei, HI | $5K | 2023 |
| The Tides Foundation 356SOCIAL CHANGE, HEALTHY DEMOCRACY | New York, NY | $10K | 2022 |