Daedalus Foundation Inc is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 12 grants totaling $215K. Net investment income was $241K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-1.5% YoY
Annual Giving
$215K
+15.6% YoY
Grant Count
12
-14.3% YoY
Avg Grant Size
$18K
+34.9% YoY
Under IRS private-foundation payout rules, Daedalus Foundation Inc reported a distributable amount of $210K for 2024 — the minimum it must pay out in qualifying distributions.
About Daedalus Foundation Inc
Based on IRS filings
Daedalus Foundation Inc is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 12 grants totaling $215K. Net investment income was $241K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,013,800 | $2,043,867 | $2,179,003 |
| Revenue | $260,032 | $64,290 | $101,808 |
| Expenses | $290,147 | $199,426 | $325,512 |
| Qualifying Distributions | $215,000 | $186,000 | $218,000 |
| Net Investment Income | $241,070 | $48,963 | $85,237 |
| Distributable Amount | $209,899 | $182,567 | $183,575 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brennan Center ($32,500), Doctors Without Borders ($32,500), Southern Poverty Law Center ($32,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN INDIAN COLLEGE DENVER, CO | SUPPORT EDUCATION AND LIFE SUCCESS FOR AMERICAN INDIAN STUDENTS. | $7,000 |
| BENNINGTON COLLEGE BENNINGTON, VT | ADVANCE THE COLLEGES MISSION TO NURTURE STUDENTS INDIVIDUALITY AND CREATIVITY. | $10,000 |
| BRENNAN CENTER NEW YORK, NY | STRENGTHEN DEMOCRACY AND JUSTICE FOR ALL AMERICANS. | $32,500 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | DELIVER MEDICAL CARE TO PEOPLE AFFECTED BY CONFLICT, DISASTERS, AND EPIDEMICS WHERE HEALTHCARE IS SCARCE. | $32,500 |
| EVERYTOWN FOR GUN SAFETY NEW YORK, NY | SUPPORT AND EXPAND COMMUNITY-BASED VIOLENCE INTERVENTION THROUGH FUNDING, TRAINING, AND ADVOCACY. | $10,000 |
| FOCUSING PHILANTHROPY SANTA MONICA, CA | FUND PROVEN, HIGH-IMPACT PROGRAMS ADDRESSING CRITICAL NEEDS IN UNDERSERVED COMMUNITIES. | $13,000 |
| MIAMI WATERKEEPER CORAL GABLES, FL | PROTECT SOUTH FLORIDAS WATERS THROUGH SCIENCE-BASED, COMMUNITY-DRIVEN ADVOCACY. | $9,000 |
| NRDC NEW YORK, NY | PROTECT THE PLANET AND ITS NATURAL SYSTEMS THAT SUSTAIN LIFE. | $10,000 |
| SAVE THE CHILDREN FAIRFIELD, CT | IMPROVE HEALTH, EDUCATION, AND PROTECTION FOR VULNERABLE CHILDREN WORLDWIDE. | $6,000 |
| SOUTHERN POVERTY LAW CENTER MONTGOMERY, AL | PROMOTE RACIAL JUSTICE AND HUMAN RIGHTS BY DISMANTLING WHITE SUPREMACY AND SUPPORTING COMMUNITY PARTNERSHIPS. | $32,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JENNY NICHOLS | PRESIDENT | 0.25 | — |
| MAX NICHOLS | VICE PRESIDENT | 0.25 | — |
| DAISY NICHOLS | VICE PRESIDENT | 0.25 | — |
| GREGORY FRANKEL | SECRETARY AND TREASURER | 0.25 | — |
| SASKIA JENSEN | VICE PRESIDENT | 0.25 | — |
| DAVID FRANKEL | VICE PRESIDENT | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Daedalus Foundation Inc?
Daedalus Foundation Inc is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in NEW YORK, NY. It holds $2.0M in total assets as of 2024.
How large is Daedalus Foundation Inc?
As of 2024, Daedalus Foundation Inc holds $2.0M in total assets with $260K in annual revenue. It awarded 12 grants totaling $215K in 2024.
Where does Daedalus Foundation Inc operate?
Daedalus Foundation Inc has awarded grants in Alabama, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Massachusetts, Maryland, Michigan, Minnesota, North Carolina, New Hampshire, New Jersey, New York, Oregon, Texas, Virginia, Vermont.
What size grants does Daedalus Foundation Inc award?
In 2024, Daedalus Foundation Inc awarded 12 grants totaling $215K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Daedalus Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Daedalus Foundation Inc reported a distributable amount of $210K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Daedalus Foundation Inc's EIN?
Daedalus Foundation Inc's EIN (Employer Identification Number) is 13-3489057. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Daedalus Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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