Daniele Agostino Derossi Foundation
The Daniele Agostino Derossi Foundation is a private grantmaking foundation established in 1992 as a memorial for a distinguished Italian entrepreneur and innovator. The foundation is a 501(c)(3) organization with IRS ruling year 1991. It maintains offices in Sudbury, Massachusetts and Woodstock, Vermont.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.9M
+2.8% YoY
Annual Giving
$865K
+13.1% YoY
Grant Count
12
+20.0% YoY
Avg Grant Size
$72K
-5.7% YoY
Mission & Focus Areas
The foundation's primary focus is helping the indigenous people of Guatemala, with particular emphasis on women and children. The foundation also provides occasional limited support for unique photography projects and those describing social problems in Latin America.
The foundation supports three main program areas:
- Education and health projects in Latin America — including vocational education, reproductive health education and services, and hunger relief initiatives
- Projects in the United States
- Shelter and trauma support — hosting children exposed to domestic violence and their mothers in a comfortable shelter with post-trauma rehabilitation support in Ponderano, Italy
Grantmaking
Grant Range
$3,000 – $386,822
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Geographic Focus
Where this funder awards grants
The foundation funds primarily in Guatemala, with particular attention to indigenous communities. The foundation also supports projects in the United States and Italy, specifically a shelter facility in Ponderano, Italy.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $8,668,975
- Total giving: $765,067
- Total revenue: $368,538
- Total expenses: $895,897
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,913,994 | $8,668,975 | $8,496,407 |
| Revenue | $253,586 | $368,538 | $425,417 |
| Expenses | $966,395 | $895,897 | $650,752 |
| Qualifying Distributions | $865,310 | $765,067 | $535,610 |
| Net Investment Income | $200,825 | $314,553 | $363,102 |
| Distributable Amount | $422,077 | $421,848 | $474,476 |
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
65 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
- Daniele Carlo Derossi — President (2 hours/week)
- Ottavia Derossi — Director (2 hours/week)
- Armando J Alfonzo — Vice President (10 hours/week, $42,000 compensation)
- David J Pollack, Esq. — Treasurer (4 hours/week, $5,000 compensation)
- Sarah M Saalfield — Secretary (2 hours/week)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Armando J Alfonzo | Vice President | 10 | $42,000 |
| Ottavia Derossi | Director | 2 | — |
| Daniele Carlo Derossi | President | 2 | — |
| David J Pollack Esq | Treasurer | 4 | $5,000 |
| Sarah M Saalfield | Secretary | 2 | — |
Contact Information
Mailing Address: P.O. Box 148 Woodstock, VT 05091, USA
Website: www.dadfound.org
Phone: (703) 627-6385
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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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