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Diaco Family Foundation Inc. is a private corporation based in BELLEVILLE, NJ. The foundation received its IRS ruling in 2000. The principal officer is Joseph Diaco. It holds total assets of $9.1M. Annual income is reported at $6.3M. Total assets have grown from $6.8M in 2011 to $8.6M in 2022. The foundation is governed by 5 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. Grantmaking is concentrated in New Jersey. According to available records, Diaco Family Foundation Inc. has made 37 grants totaling $578K, with a median grant of $10K. Individual grants have ranged from $3K to $250K, with an average award of $16K. The foundation has supported 37 unique organizations. The foundation primarily supports organizations in New Jersey, Pennsylvania, Tennessee, which account for 86% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$9K
Largest Grant
$20K
Based on 36 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.
Diaco Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in NJ, PA, TN.
Diaco Family Foundation Inc. has distributed a total of $578K across 37 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $3K to $250K.
Diaco Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Diaco Family Foundation Inc. is headquartered in BELLEVILLE, NJ. While based in NJ, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Valerie Silvestri | SECRETARY | $35K | $0 | $35K |
| Stephanie Emperio | VICE PRESIDENT | $35K | $0 | $35K |
| Joseph Manasia | VICE PRESIDENT | $0 | $0 | N/A |
| Matthew Diaco | TREASURER | $0 | $0 | N/A |
| Theodore F Diaco | PRESIDENT | $0 | $0 | N/A |
Total Giving
$723K
Total Assets
$8.6M
Fair Market Value
$10.1M
Net Worth
$8.6M
Grants Paid
$578K
Contributions
$1.1M
Net Investment Income
$338K
Distribution Amount
$516K
Total: $6.9M
Total Grants
37
Total Giving
$578K
Average Grant
$16K
Median Grant
$10K
Unique Recipients
37
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Little Sisters Of The PoorCHARITABLE | Totowa, NJ | $10K | 2023 |
| Salvation ArmyCHARITABLE | Union, NJ | $10K | 2023 |
| The Church Of The Most Blessed SacramentCHARITABLE | Franklin Lakes, NJ | $250K | 2023 |
| Archdiocese Of NewarkCHARITABLE | Newark, NJ | $20K | 2023 |
| Valley Hospital FoundationCHARITABLE | Ridgewood, NJ | $10K | 2023 |
| Hackensack University Medical FoundationCHARITABLE | Hackensack, NJ | $10K | 2023 |
| Alzheimer'S AssociationCHARITABLE | Denville, NJ | $10K | 2023 |
| American Red CrossCHARITABLE | Fairfield, NJ | $10K | 2023 |
| Center For Food ActionCHARITABLE | Englewood, NJ | $10K | 2023 |
| Rutgers University FoundationCHARITABLE | New Brunswick, NJ | $10K | 2023 |
| Wounded Warriors ProjectCHARITABLE | Jacksonville, FL | $10K | 2023 |
| Several Sources SheltersCHARITABLE | Ramsey, NJ | $10K | 2023 |
| Sisters Of Saint JosephCHARITABLE | Philadelphia, PA | $10K | 2023 |
| St Barnabas Burn FoundationCHARITABLE | Livingston, NJ | $10K | 2023 |
| St Benedicts Prep SchoolCHARITABLE | Newark, NJ | $10K | 2023 |
| St Joseph Regional Hs Scholarship FundCHARITABLE | Montville, NJ | $10K | 2023 |
| St Judes Children'S Research HospitalCHARITABLE | Memphis, TN | $10K | 2023 |
| St Peters SchoolCHARITABLE | Belleville, NJ | $10K | 2023 |
| St Vincent AcademyCHARITABLE | Newark, NJ | $10K | 2023 |
| Clara Mass Hospital FoundationCHARITABLE | Belleville, NJ | $10K | 2023 |
| Eva'S KitchenCHARITABLE | Paterson, NJ | $10K | 2023 |
| Fillipini Sisters Retirement FundCHARITABLE | Morristown, NJ | $10K | 2023 |
| Freedom AllianceCHARITABLE | Dulles, VA | $10K | 2023 |
| Market Street MissionCHATITABLECHARITABLE | Morristown, NJ | $10K | 2023 |
| Mt Saint Dominick AcademyCHARITABLE | Caldwell, NJ | $10K | 2023 |
| National Multiple Sclerosis National SocietyCHARITABLE | Paramus, NJ | $10K | 2023 |
| OasisCHARITABLE | Paterson, NJ | $10K | 2023 |
| Salesian Sisters Of St John BoscoCHARITABLE | North Haledon, NJ | $10K | 2023 |
| Seton Hall SeminaryCHARITABLE | South Orange, NJ | $10K | 2023 |
| Susan Satriano Memorial Scholarship FundCHARITABLE | Oceanside, NY | $5K | 2023 |
| The Valerie FoundationCHARITABLE | Maplewood, NJ | $5K | 2023 |
| Doctors Without BordersCHARITABLE | Hagerstown, MD | $5K | 2023 |
| El Salvador Education Fund Co Most Blessed Sacrament ChurchCHARITABLE | Franklin Lakes, NJ | $5K | 2023 |
| Immaculate Conception High SchoolCHARITABLE | Montclair, NJ | $5K | 2023 |
| Childrens Hospital Of PhiladelphiaCHARITABLE | Philadelphia, PA | $5K | 2023 |
| Sound Start Babies FoundationCHARITABLE | Mountain Lakes, NJ | $5K | 2023 |
| Fidelian'S FoundationCHARITABLE | Myrtle Beach, SC | $3K | 2023 |