Daffy's Foundation Inc

Foundation · Grantmaker Lebanon, NJ EIN: 22-3221093

Daffy's Foundation Inc is a private foundation, based in Lebanon, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $422K in total assets. In 2024, it awarded 7 grants totaling $21K. Net investment income was $78K.

Key facts about Daffy's Foundation Inc

EIN: 22-3221093
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $21,000
Grants made (2024): 7
Average grant: $3,000
Median grant: $3,000
Total assets: $422,442
Primary geography: Virginia (29% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Daffy's Foundation Inc funds

By grant dollars, the top recipient states for Daffy's Foundation Inc's 7 itemized 2024 grants were Virginia (29%), District of Columbia (29%) and South Dakota (14%). The most frequent recipient cities were Washington DC, DC (2 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charity Support" (7 grants).

How Daffy's Foundation Inc gives

In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$422K

+1.4% YoY

Annual Giving

$21K

+110.0% YoY

Grant Count

+250.0% YoY

Avg Grant Size

$3K

-40.0% YoY

Under IRS private-foundation payout rules, Daffy's Foundation Inc reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.

About Daffy's Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $6K (29%)

District of Columbia $6K (29%)

South Dakota $3K (14%)

New Mexico $3K (14%)

New Jersey $3K (14%)

Share of all 7 itemized 2024 grant dollars.

States

District of Columbia New Jersey New Mexico South Dakota Virginia

Cities

AlbiquerqueChamberlainWashington DcArlingtonOldwickReston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$422,442	$416,529	$419,802
Revenue	$58,484	$20,089	$39,472
Expenses	$52,571	$23,362	$182
Qualifying Distributions	$21,000	$10,000	—
Net Investment Income	$77,900	$20,089	$39,290
Distributable Amount	$24,529	$21,025	$19,329

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include St Joseph's Indian School ($3,000), The Archaeological Conservancy ($3,000), Nature Conservancy ($3,000).

Recipient	Purpose	Amount
ST JOSEPH'S INDIAN SCHOOL Chamberlain, SD	CHARITY SUPPORT	$3,000
THE ARCHAEOLOGICAL CONSERVANCY Albiquerque, NM	CHARITY SUPPORT	$3,000
NATURE CONSERVANCY Arlington, VA	CHARITY SUPPORT	$3,000
NATIONAL WILDLIFE FEDERATION Reston, VA	CHARITY SUPPORT	$3,000
NATIONAL TRUST FOR HISTORIC PRESERVATION Washington DC, DC	CHARITY SUPPORT	$3,000
TEWKSBURY LAND TRUST Oldwick, NJ	CHARITY SUPPORT	$3,000
INTERNATIONAL CAMPAIGN FOR TIBET Washington DC, DC	CHARITY SUPPORT	$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Vance Wilson	Trustee	1	—

Frequently Asked Questions

How large is Daffy's Foundation Inc?

As of 2024, Daffy's Foundation Inc holds $422K in total assets with $58K in annual revenue. It awarded 7 grants totaling $21K in 2024.

Where does Daffy's Foundation Inc operate?

Daffy's Foundation Inc has awarded grants in District of Columbia, New Jersey, New Mexico, South Dakota, Virginia.

What size grants does Daffy's Foundation Inc award?

In 2024, Daffy's Foundation Inc awarded 7 grants totaling $21K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Daffy's Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Daffy's Foundation Inc reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.