Dalio Foundation Inc

WESTPORT, CT EIN: 43-1965846

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

34states
+26 more states

Cities

ANN ARBORARLINGTONATLANTAAUSTINAVONBALTIMOREBEL AIRBELMONTBENTONVILLEBETHELBETHESDABISHOPBLOOMFIELDBOCA RATONBOSTONBOULDERBRIDGEPORTBRONXBROOKLYNBUFFALO

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)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$13M$25M$38M$51M122 grants202024 grants202136 grants202217 grants2023214 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CENTER FOR STRATEGIC AND…$1.0MCOMPASS YOUTH COLLABORAT…$1.0MAMERICAN COMMUNITY SCHOO…$831KCHRISTIAN HERALD ASSOCIA…$450KBROAD INSTITUTE INC$250KCENTER FOR STRATEGIC AND…$250KCOMMUNITY ACCESS INC$200KCOMPASS YOUTH COLLABORAT…$180KBILLION OYSTER PROJECT INC$100KBLACK IN MARINE SCIENCE$100K

Grant Size Distribution

177 grants across all recorded years

89<$50K21$50–100K39$100–250K8$250–500K5$500K–1M15$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Center for Strategic and International Studies Inc ($1,000,000), Compass Youth Collaborative Inc ($1,000,000), American Community School of Abu Dhabi ($830,500).

RecipientPurposeAmount
4-H EDUCATION CENTER AT AUERFARM INC BLOOMFIELD, CTRESTRICTED TO SUPPORT AGRICULTURE, NATURAL ENVIRONMENT AND AGRISCIENCE SKILLS$14,000
ABANA FOUNDATION INC NEW YORK, NYRESTRICTED TO SUPPORT THE JOHN MACK ABANA FELLOWSHIP PROGRAM$50,000
ACCION INTERNATIONAL WASHINGTON, DCTO SUPPORT GENERAL OPERATIONS$75,000
ALLIANCE FOR A HEALTHIER GENERATION INC PORTLAND, ORRESTRICTED TO SUPPORT THE SMART SNACKS IN SCHOOLS PROGRAM$15,000
AMERICAN BIRD CONSERVANCY THE PLAINS, VATO SUPPORT GENERAL OPERATIONS$75,000
AMERICAN COMMUNITY SCHOOL OF ABU DHABI RESTRICTED TO CREATE A HUB FOR EDUCATIONAL TECHNOLOGY AND PROFESSIONAL DEVELOPMENT FOR TEACHERS IN THE UAE AND MIDDLE EAST$830,500
AMERICAN FRIENDS OF BIG CHANGE INC ATLANTA, GATO SUPPORT GENERAL OPERATIONS$31,418
AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS NEW YORK, NYTO SUPPORT GENERAL OPERATIONS$15,000
ANIMAL LOVERS OF EDISTO CANINE RESCUE EDISTO ISLAND, SCTO SUPPORT GENERAL OPERATIONS$1,500
ANTHOLOGY FILM ARCHIVES NEW YORK CITY, NYTO SUPPORT GENERAL OPERATIONS$45,000

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

NameTitleHoursCompensation
BARBARA DALIODIRECTOR1
JANINE RACANELLIEXEC. DIRECTOR, TREASURER & SECRETARY1
LISA SAFIANASSISTANT TREASURER1
MARK DALIODIRECTOR1
MATTHEW A DALIODIRECTOR1
RAYMOND T DALIOPRESIDENT & DIRECTOR1

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 training

The Mubadala ACCESS Center received a $1 million grant for research from Dalio Philanthropies

Dalio Education awards $2.5M grant for New Haven job training

The foundation continues to expand its support for Connecticut youth initiatives

Dalios Double Down on Connecticut\u2019s Youth | Dalio Philanthropies

Contact Information

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Dalio Foundation Inc fund?

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** • **Econom…

How do I apply for a grant from Dalio Foundation Inc?

**Grant Sizes and Range:** • Average grant size: approximately $200,000-$322,000 • Grant range: $5,000 - $100,000,000+ • Total grants made in recent year: 36 grants **Recent Grant Activity:** • 2023 annual giving: $6.1 million (Dalio Foundation Inc); over $100 million across all Dalio Philanthropies entities • Total philanthropic support since inception: over $7 billion **Application Process:** The foundation maintains a grant portal at https://dalio.my.site.com/grantee/ and can be contacted at…

Where does Dalio Foundation Inc make 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

What size grants does Dalio Foundation Inc award?

In 2024, Dalio Foundation Inc awarded 214 grants totaling $50.9M — an average of about $238K per grant, based on its IRS Form 990 filings.

What is Dalio Foundation Inc's EIN?

Dalio Foundation Inc's EIN (Employer Identification Number) is 43-1965846. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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