Daro Foundation Inc

Organization Overview

Daro Foundation Inc is located in Menlo Park, CA. The organization was established in 1966. 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. Daro 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, Daro Foundation Inc generated $489.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $129.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Daro Foundation Inc has awarded 31 individual grants totaling $507,375. 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 $45,865
Interest on Savings $11,588
Dividends & Interest $56,107
Net Rental Income$0
Net Gain on Sale of Assets $369,194
Capital Gain Net Income $369,194
Net ST Capital Gain $360,297
Income Modifications $0
Profit on Inventory Sales $0
Other Income $7,081
Total Revenue $489,835

Grants Awarded

Over the last fiscal year, Daro Foundation Inc has awarded $92,650 in support to 2 organizations.

Grant RecipientAmount

SCRIPPS HEALTH FOUNDATION

PURPOSE: RESEARCH FUNDS

$90,000

CONGREGATION BETH EL

PURPOSE: GENERAL FUNDS

$2,650
View Grant Profile

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