Damial Foundation Inc

Organization Overview

Damial Foundation Inc is located in New York, NY. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Damial Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Damial Foundation Inc generated $38.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.2% each year . All expenses for the organization totaled $4.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Damial Foundation Inc has awarded 18 individual grants totaling $5,702,800. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $7,006,875
Interest on Savings $4,498
Dividends & Interest $248,735
Net Rental Income$0
Net Gain on Sale of Assets $30,282,118
Capital Gain Net Income $30,282,118
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $443,154
Total Revenue $37,985,380

Grants Awarded

Over the last fiscal year, Damial Foundation Inc has awarded $3,836,300 in support to 8 organizations.

Grant RecipientAmount

TISCH MS RESEARCH CENTER OF NEW YORK

PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES.

$3,000,000

HEBREW UNION COLLEGE-JEWISH INSTITUTION

PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES.

$800,000

FRIENDS OF HUDSON RIVER PARK

Org PageRecipient Profile

New York, NY

PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES.

$17,800

SOLOMON GUGGENHEIM FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES.

$10,000

JEWISH FEDERATION OF PALM BEACH

PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES.

$5,000

TOWN OF PALM BEACH UNITED WAY

Org PageRecipient Profile

Palm Beach, FL

PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES.

$1,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Damial Foundation Inc has recieved totaling $100,000.

Awarding OrganizationAmount
Roe Foundation Inc

New York, NY

PURPOSE: GENERAL CONTRIBUTION

$100,000
View Grant Recipient Profile

Peer Organizations

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