Diamond Empowerment Fund Inc
The "Diamond Empowerment Fund" mission is to support initiatives that develop and empower people in the diamond communities worldwide.
Diamond Empowerment Fund Inc at a glance
In short: Diamond Empowerment Fund Inc gave $25K across 1 grant in 2024 (avg $25K), mostly in New York. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $25,000
- -91.9% vs 2023
- Grants made (2024)
- 1
- Average grant
- $25,000
- Median grant
- $25,000
- Total assets
- $512,366
- -14.8% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Diamond Empowerment Fund Inc
Open Grants
2 open opportunities from Diamond Empowerment Fund Inc
Diamonds Do Good Entrepreneurship Grant
Diamond Empowerment Fund Inc
Amount
$5,000 - $20,000
Deadline
Deadline not published
Diamonds Do Good Scholarship Program (Northwest Territories)
Diamond Empowerment Fund Inc
Amount
$5,000 per scholarship
Deadline
Deadline not published
Who Diamond Empowerment Fund Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was American India Foundation ($25K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $25K (2024) to $423K (2020). In 2024 it made 1 grant totaling $25K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American India Foundation New York, NY | Support educational opportunities for migrant children in gujarat india. | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $512,366 | $745,562 | $774,487 | $25,000 | 1 |
| 2023 | $601,415 | $826,567 | $844,010 | $309,131 | Total only |
| 2022 | $922,673 | $612,339 | $774,996 | $323,869 | Total only |
| 2021 | $761,700 | $749,841 | $790,030 | $338,000 | Total only |
| 2020 | $795,128 | $790,676 | $857,375 | $422,644 | Total only |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Diamond Empowerment Fund Inc
Based on IRS filings
Diamond Empowerment Fund Inc is a public charity focused on International, Foreign Affairs & National Security, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $512K in total assets. In 2024, it awarded 1 grant totaling $25K.
Leadership & Key People
Officers and directors from IRS filings
Diamond Empowerment Fund Inc is led by Nancy Orem Lyman, Executive Director since 2023 (on filings since 2020); 1 of 33 officers listed in 2024 is compensated.
Officers on the 2024 filing
Nancy Orem Lyman
Executive Director
Executive Director & V.p. → Executive Director, 2023
On filings since 2020
40 hrs/week
$162K (2020) → $175K (2024)
Kathy Corey
President
Vice President → President, 2024
On filings since 2020
3 hrs/week
No compensation reported
Abhay Javeri
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Andrew Siegel
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Anna Martin
Board Member
Former President → President, 2021
President → Board Member, 2024
On filings since 2020
3 hrs/week
No compensation reported
Avi Levy
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Christina Gandia Gambale
Board Member
On filings since 2020
3 hrs/week
No compensation reported
David Bonaparte
Treasurer
Board Member → Treasurer, 2023
On filings since 2020
3 hrs/week
No compensation reported
Eddie Le Vian
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Iris Van Der Veken
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Kealeboga Pule
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Kristie Nicolosi
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Marcus Ter Haar
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Mark Klein
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Nathalie Diamantis
Board Member
On filings since 2020
3 hrs/week
No compensation reported
Peter Engel
President Elect
Board Member → President Elect, 2024
On filings since 2020
3 hrs/week
No compensation reported
Rebecca Foerster
Board Member
President → Board Member, 2023
On filings since 2020
3 hrs/week
No compensation reported
Benjamin F. Chavis
Board Member
On filings since 2021
3 hrs/week
No compensation reported
Bobbi Hansen
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Craig Rottenberg
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Dov Tannenbaum
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Ellen Junger
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Jack Gabriel
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Mike Alexander
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Nilesh Kothari
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Piyush Patel
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Stephanie Gottlieb
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Allison Katz Ali
Board Member
New on the 2024 filing
3 hrs/week
No compensation reported
Constance Polamalu
Board Member
New on the 2024 filing
3 hrs/week
No compensation reported
Lola Oladunjoye
Board Member
New on the 2024 filing
3 hrs/week
No compensation reported
Pritesh Patel
Board Member
New on the 2024 filing
3 hrs/week
No compensation reported
Sally Morrison
Board Member
New on the 2024 filing
3 hrs/week
No compensation reported
Sarin Bachmann
Board Member
New on the 2024 filing
3 hrs/week
No compensation reported
Former officers (18)
- Former: Catherine Sarr (2020–2023) — Board Member
- Former: David Prager (2020–2023) — Board Member
- Former: Kent Wong Siu-Kee (2020–2023) — Board Member
- Former: Kimberly Miller Crawford (2020–2023) — Board Member
- Former: Stellene Volandes (2020–2023) — Board Member
- Former: Yancy Weinrich (2020–2023) — Treasurer
- Former: Beth Gerstein (2020–2022) — Board Member
- Former: Bill Brace (2020–2022) — Board Member
- Former: Caryl Capeci (2020–2022) — Board Member
- Former: Debbie Azar (2020–2022) — Board Member
- Former: Elliot Tannenbaum (2020–2022) — Board Member
- Former: Hasu Dholakiya (2020–2022) — Board Member
- Former: Lita Asscher (2020–2022) — Board Member
- Former: Michael Kaplan (2020–2022) — Board Member
- Former: Michael Pollak (2020–2022) — Board Member
- Former: Nicola Breytenbach-Steiner (2020–2022) — Board Member
- Former: Sandeep Kothari (2020–2022) — Board Member
- Former: Yancy Smith (2021–2022) — Treasurer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $175K, to Nancy Orem Lyman (Executive Director).
Frequently asked questions about Diamond Empowerment Fund Inc
How much does Diamond Empowerment Fund Inc give each year?
Diamond Empowerment Fund Inc gave $25K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it reported $309K in grants paid.
How large is Diamond Empowerment Fund Inc?
Diamond Empowerment Fund Inc reported $512K in total assets on its 2024 IRS Form 990. Its revenue that year was $746K.
What is Diamond Empowerment Fund Inc?
Diamond Empowerment Fund Inc is a public charity focused on International, Foreign Affairs & National Security, based in New York, NY. It holds $512K in total assets as of 2024.
Where does Diamond Empowerment Fund Inc operate?
Diamond Empowerment Fund Inc has awarded grants in New York.
What is Diamond Empowerment Fund Inc's EIN?
Diamond Empowerment Fund Inc's EIN (Employer Identification Number) is 20-5967103. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 24, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Diamond Empowerment Fund Inc's focus areas in our free grants database
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Diamond Empowerment Fund Inc down — hundreds of funders to go?