Dalio Foundation Inc is a private independent foundation established in 2003 and based in Westport, Connecticut. Founded by Raymond T. Dalio, founder of the investment firm Bridgewater Associates, the foundation operates as part of the broader Dalio Philanthropies umbrella. The organization functions as a small, mostly family-run entity with a relationship-driven approach to grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$50.9M
+732.7% YoY
Grant Count
214
+1158.8% YoY
Avg Grant Size
$238K
-33.8% YoY
Mission & Focus Areas
The foundation's mission centers on creating equal opportunity, particularly by providing better access to quality education, healthcare, capital, and technology.
Primary focus areas include:
- K-12 Education: Particularly in Connecticut, including support for public school teachers and educational needs (supplies, teacher training, and educational opportunities)
- Ocean Exploration and Protection: Including conservation education
- Digital Access and Technology Education
- Economic Empowerment: Including job training and workforce development programs
- Health Equity
- International Programs: Particularly in China
- Youth Support: Programmatic and back-office support for programs focused on under-represented youth and their needs, including wrap-around social services and direct assistance
- Community Support: Park preservation, beautification, and maintenance initiatives
Grantmaking
The foundation maintains a grant portal at https://dalio.my.site.com/grantee/ and can be contacted at inquiries@daliophilanthropies.org. The foundation is open to new applicants, though decision timelines and success rates are not publicly disclosed.
Grant Range
s and Range:**
Average Grant
approximately $200,000-$322,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
- Primary: Connecticut
- National: United States-wide funding including major cities such as New York, Los Angeles, and Boston
- International: Mexico City, Quebec, and China
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $1.54 billion
- Total Revenue: -$10.4 million (2023)
- Total Expenses: $29.3 million (2023)
- Total Liabilities: $68.3 thousand
Historical Context:
- Established: September 2003
- Tax-exempt status: 501(c)(3)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
177 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Raymond T. Dalio: President and Director; founder of Bridgewater Associates
- Barbara Dalio: Director
- Matthew A. Dalio: Key personnel
- Janine Racanelli: Key personnel
- Lisa Safian: Key personnel
None of the directors or executives receive compensation for their work.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARBARA DALIO | DIRECTOR | 1 | — |
| JANINE RACANELLI | EXEC. DIRECTOR, TREASURER & SECRETARY | 1 | — |
| LISA SAFIAN | ASSISTANT TREASURER | 1 | — |
| MARK DALIO | DIRECTOR | 1 | — |
| MATTHEW A DALIO | DIRECTOR | 1 | — |
| RAYMOND T DALIO | PRESIDENT & DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The Dalio family awarded a $2.5 million grant to support a New Haven job-training program
Dalio Education awards $2.5M grant for New Haven job trainingThe Mubadala ACCESS Center received a $1 million grant for research from Dalio Philanthropies
Dalio Education awards $2.5M grant for New Haven job trainingThe foundation continues to expand its support for Connecticut youth initiatives
Dalios Double Down on Connecticut\u2019s Youth | Dalio PhilanthropiesContact Information
- Website: https://www.daliophilanthropies.org/
- Address: 1 Glendinning Place, Westport, CT 06880
- Phone: 203-291-5000
- Email: inquiries@daliophilanthropies.org
- EIN: 43-1965846
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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