Diaco Family Foundation Inc is a private family foundation established in 2000 and based in Belleville, New Jersey. The foundation is dedicated to supporting charitable causes and community initiatives through philanthropic giving and partnerships.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.9M
+3.9% YoY
Annual Giving
$338K
-41.5% YoY
Grant Count
36
-2.7% YoY
Avg Grant Size
$9K
-39.9% YoY
Under IRS private-foundation payout rules, Diaco Family Foundation Inc reported a distributable amount of $520K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Nonprofit Human Services
- Reproductive Health
- Nursing Home services
Grantmaking
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $8,910,503
- Total Annual Giving: $338,000
- Tax-Exempt Status: Established December 2000
- EIN: 22-3763549
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,910,503 | $8,578,015 | $7,850,695 |
| Revenue | $842,878 | $1,450,607 | $204,863 |
| Expenses | $510,390 | $723,287 | $485,872 |
| Qualifying Distributions | $383,000 | $613,000 | $363,000 |
| Net Investment Income | $797,878 | $337,930 | $194,496 |
| Distributable Amount | $519,699 | $516,396 | $498,871 |
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
147 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Archdiocese of Newark ($20,000), Immaculate Conception High School ($15,000), Alzheimer's Association ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S ASSOCIATION DENVILLE, NJ | CHARITABLE | $10,000 |
| AMERICAN RED CROSS FAIRFIELD, NJ | CHARITABLE | $10,000 |
| ARCHDIOCESE OF NEWARK NEWARK, NJ | CHARITABLE | $20,000 |
| CENTER FOR FOOD ACTION ENGLEWOOD, NJ | CHARITABLE | $10,000 |
| CHILDRENS HOSPITAL OF PHILADELPHIA PHILADELPHIA, PA | CHARITABLE | $5,000 |
| CLARA MASS HOSPITAL FOUNDATION BELLEVILLE, NJ | CHARITABLE | $10,000 |
| DOCTORS WITHOUT BORDERS HAGERSTOWN, MD | CHARITABLE | $5,000 |
| EL SALVADOR EDUCATION FUND co MOST BLESSED SACRAMENT CHURCH FRANKLIN LAKES, NJ | CHARITABLE | $5,000 |
| EVA'S KITCHEN PATERSON, NJ | CHARITABLE | $10,000 |
| FIDELIAN'S FOUNDATION MYRTLE BEACH, SC | CHARITABLE | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THEODORE F DIACO | PRESIDENT | — | — |
| VALERIE SILVESTRI | SECRETARY | 10 | $45,000 |
| STEPHANIE EMPERIO | VICE PRESIDENT | 10 | $45,000 |
| MATTHEW DIACO | TREASURER | — | — |
| JOSEPH MANASIA | VICE PRESIDENT | — | — |
Contact Information
- Address: 10-12 No 7th Street, Belleville, NJ 07109
- Telephone: 973-484-7300
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Diaco Family Foundation Inc fund?
The foundation's grant-making focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Nonprofit Human Services • Reproductive Health • Nursing Home services
How do I apply for a grant from Diaco Family Foundation Inc?
**Grant Amounts:** Typical awards range from $3,000 to $250,000. **Total Annual Giving:** $338,000 (based on most recent filing) **Geographic Priority:** The foundation primarily funds organizations in New Jersey, Virginia, and Pennsylvania.
What size grants does Diaco Family Foundation Inc award?
In 2024, Diaco Family Foundation Inc awarded 36 grants totaling $338K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Diaco Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Diaco Family Foundation Inc reported a distributable amount of $520K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2024.
Explore Open Grants
Browse active grant opportunities in Diaco Family Foundation Inc's focus areas in our free grants database
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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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