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Daum Foundation Inc. is a private corporation based in PRINCETON, NJ. The foundation received its IRS ruling in 2004. The principal officer is Saul Ewing LLC. It holds total assets of $1.7M. Annual income is reported at $365K. Total assets have grown from $1.5M in 2011 to $2.1M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in District of Columbia and California. According to available records, Daum Foundation Inc. has made 7 grants totaling $390K, with a median grant of $50K. Annual giving has decreased from $160K in 2020 to $50K in 2022. Grantmaking activity was highest in 2021 with $180K distributed across 3 grants. Individual grants have ranged from $5K to $100K, with an average award of $56K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in District of Columbia and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$35K
Median Grant
$50K
Average Grant
$53K
Largest Grant
$75K
Based on 3 grants from the most recent 990-PF filing.
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.
Daum Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in DC, CA.
Daum Foundation Inc. has distributed a total of $390K across 7 grants. The median grant size is $50K, with an average of $56K. Individual grants have ranged from $5K to $100K.
Daum Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Daum Foundation Inc. is headquartered in PRINCETON, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicholas F Daum | PRESIDENT & TRUSTEE | $0 | $0 | N/A |
| Nancy S Hearne | SECRETARY & TRUSTEE | $0 | $0 | N/A |
| Mary D Nichols | TRUSTEE | $0 | $0 | N/A |
| Margaret E Daum | TREASURER & TRUSTEE | $0 | $0 | N/A |
Total Giving
$236K
Total Assets
$2.1M
Fair Market Value
$2.8M
Net Worth
$2.1M
Grants Paid
$210K
Contributions
$5K
Net Investment Income
$59K
Distribution Amount
$128K
Total: $1.8M
Total Grants
7
Total Giving
$390K
Average Grant
$56K
Median Grant
$50K
Unique Recipients
3
Most Common Grant
$75K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Capital Area Immigrants' Rights CoalitionGENERAL PURPOSE - TO PROVIDE LEGAL SERVICES TO IMMIGRANTS AND REFUGEES. | Washington, DC | $50K | 2022 |
| Loyola Law SchoolTO SUPPORT THE IMMIGRATION JUSTICE CLINIC. | Los Angeles, CA | $100K | 2021 |
| OutteachTO EMPOWER TEACHERS TO DELIVER BLENDED & REMOTE LEARNING | Washington, DC | $5K | 2021 |