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Diamondston Foundation Inc. is a private corporation based in WESTFIELD, NJ. The foundation received its IRS ruling in 2000. The principal officer is Diamondston Foundation. It holds total assets of $2.2M. Annual income is reported at $851K. 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 2020 to 2023. Funding is distributed across 4 states, including New York, New Jersey, Massachusetts. According to available records, Diamondston Foundation Inc. has made 180 grants totaling $474K, with a median grant of $2K. The foundation has distributed between $87K and $205K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $205K distributed across 68 grants. Individual grants have ranged from $200 to $15K, with an average award of $3K. The foundation has supported 78 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Massachusetts, which account for 70% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$2K
Average Grant
$2K
Largest Grant
$11K
Based on 41 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.
Diamondston Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 180 grants. Its grantmaking reaches organizations primarily in NY, NJ, MA.
Diamondston Foundation Inc. has distributed a total of $474K across 180 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $200 to $15K.
Diamondston Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Diamondston Foundation Inc. is headquartered in WESTFIELD, NJ. While based in NJ, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Margolin | PRESIDENT TR | $0 | $0 | N/A |
| David Margolin | VICE PRESIDE | $0 | $0 | N/A |
| Susan Smith | VICE PRESIDE | $0 | $0 | N/A |
| Barabara Margolin | SECRETARY | $0 | $0 | N/A |
Total Giving
$117K
Total Assets
$2.2M
Fair Market Value
$2.4M
Net Worth
$2.2M
Grants Paid
$91K
Contributions
N/A
Net Investment Income
$172K
Distribution Amount
$105K
Total: $2.2M
Total Grants
180
Total Giving
$474K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
78
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Uja-Federation Of New YorkCHARITABLE | New York, NY | $10K | 2023 |
| Chicken & Egg PicturesCHARITABLE | Brooklyn, NY | $8K | 2023 |
| The Welcome ProjectCHARITABLE | Somerville, MA | $8K | 2023 |
| The Film CollaborativeCHARITABLE | Los Angeles, CA | $5K | 2023 |
| Jewish Federation Of Greater MetrowCHARITABLE | Whippany, NJ | $5K | 2023 |
| Crohn'S & Colitis Foundation Nj ChaCHARITABLE | Manalapan, NJ | $5K | 2023 |
| National Council Of Jewish WomenCHARITABLE | Livinston, NJ | $5K | 2023 |
| American Jewish Joint CommitteeCHARITABLE | New York, NY | $5K | 2023 |
| Congregation Ansche ChesedCHARITABLE | New York, NY | $4K | 2023 |
| America GivesCHARITABLE | New York, NY | $3K | 2023 |
| AsaliCHARITABLE | New York, NY | $3K | 2023 |
| Resoind IncCHARITABLE | Camden, NJ | $3K | 2023 |
| Planned Parenthood Federation Of AmCHARITABLE | Washington, DC | $3K | 2023 |
| Manhattan Theatre ClubCHARITABLE | New York, NY | $2K | 2023 |
| Beyond Bond & Legal Defense FundCHARITABLE | Boston, MA | $2K | 2023 |
| Doctors Without BordersCHARITABLE | New York, NY | $2K | 2023 |
| Groundwork SomervilleCHARITABLE | Somerville, MA | $2K | 2023 |
| American Jewish World ServiceCHARITABLE | New York, NY | $2K | 2023 |
| We CountCHARITABLE | Florida City, FL | $2K | 2023 |
| Israaid (Us) Global Humanitarian AsCHARITABLE | Palo Alto, CA | $2K | 2023 |
| Jewish Agency For IsraelCHARITABLE | New York, NY | $1K | 2023 |
| Neighbors TogetherCHARITABLE | Brooklyn, NY | $1K | 2023 |
| Environmental Defense FundCHARITABLE | New York, NY | $1K | 2023 |
| Elizabeth Coalition For The HomelesCHARITABLE | Elizabeth, NJ | $1K | 2023 |
| Make The Road NyCHARITABLE | Brooklyn, NY | $1K | 2023 |
| New Israel FundCHARITABLE | New York, NY | $1K | 2023 |
| Elemyouth In Distress In IsraelCHARITABLE | New York, NY | $1K | 2023 |
| Abraham InititivesCHARITABLE | New York, NY | $1K | 2023 |
| Tides FoundationCHARITABLE | New York, NY | $1K | 2023 |
| Ronald Mcdonald HouseCHARITABLE | Chicago, IL | $500 | 2023 |
| Museum Of Medicine & Biomed DiscoveCHARITABLE | Nashville, TN | $500 | 2023 |
| Leukemia & Lymphoma SocietyCHARITABLE | Cranford, NJ | $200 | 2023 |
| Congregation B'Nai BrithCHARITABLE | Somerville, MA | $5K | 2022 |
| HiasCHARITABLE | Silver Spring, MD | $5K | 2022 |
| Gendr Equity Policy InstituteCHARITABLE | Los Angeles, CA | $5K | 2022 |