Diaco Family Foundation Inc

Private foundation · Grantmaker Belleville, NJ EIN: 22-3763549

Diaco Family Foundation Inc is a private foundation based in Belleville, New Jersey. Its 2025 filing reports 38 grants totaling $398,000 to charitable organizations.

Key facts about Diaco Family Foundation Inc

In short: Diaco Family Foundation Inc gave $398K across 38 grants in 2025 (avg $10K), mostly in New Jersey. 8% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
22-3763549
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$398,000
Grants made (2025)
38
Average grant
$10,474
Median grant
$10,000
New grantees (estimate)
8% first-time grantees (3 of 38, 2025)
Total assets
$9,085,842
Primary geography
New Jersey (82% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$9.1M

+2.0% YoY

Annual Giving

$398K

+17.8% YoY

Grant Count

38

+5.6% YoY

Avg Grant Size

$10K

+11.6% YoY

Under IRS private-foundation payout rules, Diaco Family Foundation Inc reported a distributable amount of $554K for 2025 — the minimum it must pay out in qualifying distributions.

Is Diaco Family Foundation Inc open to new grantees?

8%

first-time grantees, 2025

In 2025, 3 of 38 grantees (8%) were first-time recipients. First grants averaged $8K; repeat grants $11K. How we count

Medians: $10K first-time, $10K repeat.

  • 92% of 2025 grantees were also funded in 2024. Method
  • Giving grew 21% from 2022 to 2025. Method
  • In 2025 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants went to organizations working in a range of areas. For example, Several Sources Shelters describes its work as providing shelter and financial, educational, spiritual, and emotional support to pregnant women and their children. Westfield Day Care Center says it provides affordable childcare regardless of a child’s background or circumstances. Rutgers University Foundation describes its mission as supporting Rutgers and its work in education, research, and public service.

Grantmaking

In 2025, the foundation made 38 grants totaling $398,000. Individual grants ranged from $5,000 to $30,000, with a median of $10,000. Among the largest were $30,000 to Salesian Sisters of St John Bosco; $20,000 each to Center for Food Action, Oasis, and St Jude’s Children’s Research Hospital; and $15,000 each to American Red Cross, Several Sources Shelters, and St Peters School.

Other 2025 recipients included St Peter’s School, which describes itself as an independent elementary school serving preschool through eighth grade; Little Sisters of the Poor, which says it provides nursing and residential care for needy elderly people; and Freedom Alliance, which describes its work as honoring military service, defending U.S. sovereignty, and promoting national defense.

How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

In 2025, 82% of grant dollars went to recipients in New Jersey. Other recipient-state shares were Tennessee (5%), New York (4%), Pennsylvania (3%), and Florida (3%).

Grant Distribution by State

9states

Share of 2025 grant dollars across all 38 itemized grants.

Cities

NewarkBellevilleMorristownPatersonPhiladelphiaFranklin LakesCaldwellDenvilleDullesEnglewoodFairfieldHackensackHagerstownJacksonvilleLivingstonMaplewoodMemphisMontclairMontvilleMountain Lakes

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M38 grants2021 36 grants2022 37 grants2023 36 grants2024 38 grants2025

From 2021 to 2025, annual grant giving ranged from $328K (2022) to $833K (2021). In 2025 it made 38 grants totaling $398K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Salesian Sisters of St John Bosco: $30KSalesian Sisters of St JohnBosco$30KCenter for Food Action: $20KCenter for Food Action$20KOasis: $20KOasis$20KSt Judes Children's Research Hospital: $20KSt Judes Children's ResearchHospital$20KAmerican Red Cross: $15KAmerican Red Cross$15KSeveral Sources Shelters: $15KSeveral Sources Shelters$15KSt Peters School: $15KSt Peters School$15KArchdiocese of Newark: $10KArchdiocese of Newark$10KChildrens Hospital of Philadelphia: $10KChildrens Hospital ofPhiladelphia$10KClara Mass Hospital Foundation: $10KClara Mass Hospital Foundation$10K

The largest 2025 recipient was Salesian Sisters of St John Bosco ($30K). Together the top 10 received $165K.

Grant Size Distribution

185 grants across all recorded years

183<$50K$50–100K$100–250K1$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 183 grants of 185 (99%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Salesian Sisters of St John Bosco North Haledon, NJCharitable$30,000
Center for Food Action Englewood, NJCharitable$20,000
Oasis Paterson, NJCharitable$20,000
St Judes Children's Research Hospital Memphis, TNCharitable$20,000
American Red Cross Fairfield, NJCharitable$15,000
Several Sources Shelters Ramsey, NJCharitable$15,000
St Peters School Belleville, NJCharitable$15,000
Archdiocese of Newark Newark, NJCharitable$10,000
Childrens Hospital of Philadelphia Philadelphia, PACharitable$10,000
Clara Mass Hospital Foundation Belleville, NJCharitable$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Number of grants
2025 $398,000 38
2024 $338,000 36
2023 $578,000 37
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$9,085,842$8,910,503$8,578,015
Revenue$778,254$842,878$1,450,607
Expenses$602,915$510,390$723,287
Qualifying Distributions$448,000$383,000$613,000
Net Investment Income$728,254$797,878$337,930
Distributable Amount$553,838$519,699$516,396

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 24, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 9, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 10, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 11, 2026)
  6. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Theodore F Diaco as president, Valerie Silvestri as secretary, Stephanie Emperio and Joseph Manasia as vice presidents, and Matthew Diaco as treasurer.

Diaco Family Foundation Inc is led by Theodore F. Diaco, President on every filing since 2021; 2 of 5 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Theodore F. Diaco

    President

    On filings since 2021

    No compensation reported

  • Stephanie Emperio

    Vice President

    On filings since 2021

    10 hrs/week

    $35K (2021) → $50K (2025)

  • Valerie Silvestri

    Secretary

    On filings since 2021

    10 hrs/week

    $35K (2021) → $50K (2025)

  • Joseph Manasia

    Vice President

    On filings since 2021

    No compensation reported

  • Matthew Diaco

    Treasurer

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Valerie Silvestri — Secretary: $50KValerie SilvestriSecretary$50KStephanie Emperio — Vice President: $50KStephanie EmperioVice President$50K

The highest reported compensation on the 2025 filing was $50K, to Valerie Silvestri (Secretary). 2 officers or directors reported compensation on that filing.

Contact

Mailing address: 10-12 No 7Th Street, Belleville, NJ 07109
Phone: (973) 484-7300

Frequently asked questions about Diaco Family Foundation Inc

How much does Diaco Family Foundation Inc give each year?

Diaco Family Foundation Inc gave $398K across 38 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $338K across 36 grants.

What is Diaco Family Foundation Inc's typical grant size?

Diaco Family Foundation Inc's median grant in 2025 was $10,000, and its average grant was $10,474, across 38 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Diaco Family Foundation Inc that year got $8K on average.

Where does Diaco Family Foundation Inc give grants?

Diaco Family Foundation Inc gives mostly in New Jersey: 82% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (5%). The most frequent recipient cities were Newark, NJ (3 grants), Paterson, NJ (2 grants), Belleville, NJ (2 grants) and Morristown, NJ (2 grants).

Does Diaco Family Foundation Inc give general operating support?

Not in 2025: none of the 38 grants with a stated purpose on Diaco Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (37 grants).

Who are Diaco Family Foundation Inc's largest grantees?

Diaco Family Foundation Inc's largest 2025 grantees include Salesian Sisters of St John Bosco ($30,000), Center for Food Action ($20,000) and Oasis ($20,000), according to its 2025 IRS Form 990-PF. Together they received 18% of its itemized 2025 grant dollars.

How large is Diaco Family Foundation Inc?

Diaco Family Foundation Inc reported $9.1M in total assets on its 2025 IRS Form 990-PF. It paid out $448K in qualifying distributions that year, against a required minimum of $554K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Diaco Family Foundation Inc fund?

No mission statement for the foundation is provided. Its 2025 grants went to organizations working in a range of areas. For example, Several Sources Shelters describes its work as providing shelter and financial, educational, spiritual, and emotional support to pregnant women and their children. See mission & focus areas ↑

How do I apply for a grant from Diaco Family Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Diaco Family Foundation Inc's EIN?

Diaco Family Foundation Inc's EIN (Employer Identification Number) is 22-3763549. IRS Form 990 filing data is available on this page for 2021–2025.

Does Diaco Family Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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