Del Corazon

Foundation · Grantmaker San Diego, CA EIN: 20-5553069 Website

Del Corazon is a private foundation based in San Diego, California, established in 2006. The organization operates as a 501(c)(3) entity focused on philanthropic support for education, youth community programs, and organizational support.

Key facts about Del Corazon

EIN: 20-5553069
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $900,000
Grants made (2024): 16
Average grant: $56,250
Median grant: $10,000
New grantees (estimate): 19% first-time grantees (3 of 16, 2024)
Total assets: $1,177,731
Primary geography: California (99% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Del Corazon funds

By grant dollars, the top recipient states for Del Corazon's 16 itemized 2024 grants were California (99%). The most frequent recipient cities were San Diego, CA (8 grants). None of its 16 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support the Organization." (14 grants).

Is Del Corazon open to new grantees?

19%

first-time grantees, 2024

In 2024, 3 of 16 grantees (19%) were first-time recipients. First grants averaged $667; repeat grants $69K. How we count

Medians: $500 first-time, $25K repeat.

75% of 2024 grantees were also funded in 2023. Method
Giving grew 28% from 2021 to 2024. Method
In 2024 it paid out 798% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Del Corazon

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-13.1% YoY

Annual Giving

$900K

-16.9% YoY

Grant Count

+6.7% YoY

Avg Grant Size

$56K

-22.0% YoY

Under IRS private-foundation payout rules, Del Corazon reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

Del Corazon's grantmaking priorities include:

Educational programs for underserved children
Youth community programs and outreach
Organizational support for select nonprofits
Support for health and medical initiatives

Grantmaking

Grant Range

$115,000–$450,000

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Geographic Focus

Where this funder awards grants

Del Corazon's grantmaking focuses primarily on California, Texas, and New York.

Grant Distribution by State

California $890K (99%)

New York $10K (1%)

Texas $250 (0%)

Share of all 16 itemized 2024 grant dollars.

States

California North Carolina Nevada New York Texas

Cities

San DiegoLa JollaLa MesaCarlsbadDallasEncinitasFresnoLos AngelesNew YorkCarmichaelHigh PointBonitaEl CajonEscondidoRenoSanta AnaSanta ClaritaWest Hollywood

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending August 2023:

Total assets: $1,355,980
Total revenues: $369,707
Total expenses: $1,163,665
Grants and contributions received: $250,000
Net rental income: $51,201

Staffing: 0 employees (operates as a foundation)

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,177,731	$1,355,980	$1,749,974
Revenue	$817,678	$369,707	$1,766,032
Expenses	$986,954	$1,163,665	$958,386
Qualifying Distributions	$900,000	$1,082,413	$876,422
Net Investment Income	$704,398	$51,201	$29,307
Distributable Amount	$112,820	$126,925	$143,880

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 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 10 recipients in 2024

Grant Size Distribution

84 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Futuro Brillante ($240,000), Sharp Healthcare Foundation ($200,000), Global Care Alliance ($162,250).

Recipient	Purpose	Amount
FUTURO BRILLANTE San Diego, CA	SUPPORT THE ORGANIZATION	$240,000
SHARP HEALTHCARE FOUNDATION San Diego, CA	SUPPORT THE ORGANIZATION.	$200,000
GLOBAL CARE ALLIANCE La Mesa, CA	SUPPORT THE ORGANIZATION.	$162,250
CUREBOUND San Diego, CA	DC DONATION TO GOPEDAL CUREBOUND	$100,000
NATIVITY PREP ACADEMY San Diego, CA	EDUCATIONAL PROGRAMS FOR UNDER-SERVED CHILDREN	$90,000
PACIFIC RIDGE SCHOOL Carlsbad, CA	SUPPORT THE ORGANIZATION.	$50,000
THE UCLA FOUNDATION Los Angeles, CA	SUPPORT THE ORGANIZATION.	$25,000
DYSAUTONOMIA INTERNATIONAL New York, NY	SUPPORT THE ORGANIZATION.	$10,000
USD BURNHAM-MOORES CENTER FOR REAL ESTATE La Jolla, CA	SUPPORT THE ORGANIZATION.	$10,000
WESLEY UNITED METHODIST CHURCH San Diego, CA	SUPPORT THE ORGANIZATION.	$8,000

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
William G Ayyad	President	2	—
Daniel Ayyad	Treasurer/Secretary	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Del Corazon fund?

Del Corazon's grantmaking priorities include: • Educational programs for underserved children • Youth community programs and outreach • Organizational support for select nonprofits • Support for health and medical initiatives

How do I apply for a grant from Del Corazon?

**Grant Activity (2023)** • Total grants awarded: 20 grants • Total giving: $900,000 • Typical grant range: $115,000–$450,000 **Recent Grants (2023)** • Sharp HealthCare Foundation: $200,000 (Support the Organization) • UC San Diego Foundation: $100,000 (Support the Organization) • Nativity Prep Academy of San Diego: $90,000 (Educational Programs for Under-Served Children)

Where does Del Corazon make grants?

Del Corazon's grantmaking focuses primarily on California, Texas, and New York.

What size grants does Del Corazon award?

In 2024, Del Corazon awarded 16 grants totaling $900K — an average of about $56K per grant, based on its IRS Form 990 filings.

How much is Del Corazon required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Del Corazon reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.