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Diamonds Direct Foundation is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 2004. The principal officer is Scott Conley. It holds total assets of $10K. Annual income is reported at $43K. Total assets have grown from $211 in 2011 to $10K in 2021. The foundation is governed by 2 officers and trustees. To provide support to local nonprofit organizations, with special emphasis on women's and children's philanthropies. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2021. The foundation primarily funds organizations in North Carolina and District of Columbia. According to available records, Diamonds Direct Foundation has made 2 grants totaling $111K, with a median grant of $56K. Individual grants have ranged from $43K to $68K, with an average award of $56K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in District of Columbia and North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$46K
Average Grant
$32K
Largest Grant
$50K
Based on 3 grants from the most recent 990-PF filing.
To provide support to local nonprofit organizations, with special emphasis on women's and children's philanthropies.
To provide support to local nonprofit organizations, with special emphasis on women's and children's philanthropies. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in DC, NC.
Diamonds Direct Foundation has distributed a total of $111K across 2 grants. The median grant size is $56K, with an average of $56K. Individual grants have ranged from $43K to $68K.
Diamonds Direct Foundation typically selects its grantees rather than accepting unsolicited proposals.
Diamonds Direct Foundation is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alon Arabov | President/Director | $0 | $0 | N/A |
| Itay Berger | VP/Sec/Tre/Director | $0 | $0 | N/A |
Total Giving
$111K
Total Assets
$10K
Fair Market Value
$10K
Net Worth
$10K
Grants Paid
$111K
Contributions
$111K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$111K
Average Grant
$56K
Median Grant
$56K
Unique Recipients
2
Most Common Grant
$43K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Share Our Strength-No Kid HungryMeals to children in need | Washington, DC | $68K | 2021 |
| LubavitchEducation | Charlotte, NC | $43K | 2021 |