Diamond Foundation
Diamond Foundation is a private foundation based in Tucson, Arizona. Its 2025 filing reports 10 grants totaling $17,136 to organizations in Arizona and New York, including human-services organizations, University of Arizona programs, and community and advocacy organizations.
Diamond Foundation at a glance
In short: Diamond Foundation gave $17K across 10 grants in 2025 (avg $2K), mostly in Arizona. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $17,136
- +21.2% vs 2024
- Grants made (2025)
- 10
- +11.1% vs 2024
- Average grant
- $1,714
- +9.1% vs 2024
- Median grant
- $1,028
- Total assets
- $240,711
- -6.0% vs 2024
- Primary geography
- Arizona (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Diamond Foundation
- How to Apply
-
The 2023 filing names Helaine Levy as the contact, states that there is no special form, and says there are no restrictions on awards. It also states that the foundation does not restrict giving to preselected organizations.
- Review Cycle
- None, according to the 2023 filing.
- Deadline
- None, according to the 2023 filing.
- Contact
Application contact: Helaine Levy
Mailing address: 2200 E River Road 115, Tucson, AZ 85718
Phone: (520) 577-0200
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Diamond Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Marshall Home for Men ($5K). Together the top 9 received $17K.
Grant Size Distribution
44 grants across all recorded years
The most common grant size was under $50K: 42 grants of 44 (95%).
Geographic Focus
Where this funder awards grants
In 2025, 97% of grant dollars went to recipients in Arizona and 3% to recipients in New York. Listed Arizona recipients were in Tucson and Phoenix; the New York recipient was in New York, NY.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
Cities
How Diamond Foundation gives
- Giving grew 212% from 2022 to 2025. Method
- In 2025 it paid out 154% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $6K (2022) to $119K (2023). In 2025 it made 10 grants totaling $17K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Marshall Home for Men Tucson, AZ | Support the Operation of Marshall Home for Men | $5,000 |
| Interfaith Community Services Tucson, AZ | Support Food Costs for Food Bank | $5,000 |
| University of Arizona Foundation Tucson, AZ | Hispanic Alumni Endowment at the University of Arizona | $1,500 |
| University of Arizona Disability Resource Center Tucson, AZ | Adaptive Athletics at the University of Arizona | $1,500 |
| Jewish Family & Children Services Tucson, AZ | Support Quality Counseling and Community Services | $1,056 |
| Children's Action Alliance Phoenix, AZ | Improve Children's Health, Education, and Security | $1,000 |
| Tucson Jewish Museum and Holocaust Center Tucson, AZ | Purim Celebration | $540 |
| Tucson Jewish Museum and Holocaust Center Tucson, AZ | Purim Celebration | $540 |
| Provision Bridge Tucson, AZ | Contribute Essential School Supplies for Children | $500 |
| World Jewish Congress Foundation New York, NY | Expand Unparalleled Global Diplomacy, Advocacy, and Activism | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $240,711 | $3,984 | $19,331 | $17,136 | 10 | $18,981 | $3,634 | $12,303 |
| 2024 | $256,058 | $6,420 | $15,897 | $14,140 | 9 | $15,584 | $5,107 | $12,671 |
| 2023 | $265,535 | $595 | $120,763 | $119,350 | 12 | $120,538 | $370 | $16,047 |
| 2022 | $385,703 | — | $7,630 | $5,500 | 5 | $7,405 | — | $19,203 |
| 2021 | $393,333 | $250,000 | $23,498 | $22,000 | 8 | — | — | $14,319 |
| 2020 | $166,831 | $85,834 | $8,913 | $7,500 | 6 | — | — | $4,489 |
Under IRS private-foundation payout rules, Diamond Foundation reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.
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 included support for food-bank costs, lodging and care for elderly or infirm men, university programs, counseling and community services, and children’s health, education, and security.
The grantees describe their own work in varied terms: Interfaith Community Services says its mission is to provide pathways to more stable and self-sufficient lives; Marshall Home for Men says it provides lodging, food, and care for elderly or infirm men; and the University of Arizona Foundation says it supports and enhances the University of Arizona through the development and management of private support.
Grantmaking
In 2025, the foundation made 10 grants totaling $17,136. Grant amounts ranged from $500 to $5,000, with a median of $1,028. The largest awards were $5,000 each to Marshall Home for Men and Interfaith Community Services, both in Tucson. Other notable grants included $1,500 to the University of Arizona Foundation and $1,500 to the University of Arizona Disability Resource Center.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Helaine Levy as president, Nathan Levy as vice president, David Goldstein as treasurer, and Robert Fortuno as secretary.
Diamond Foundation is led by Helaine Levy, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Helaine Levy
President
On filings since 2020
1 hr/week
No compensation reported
David Goldstein
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Nathan Levy
Vice President
On filings since 2020
1 hr/week
No compensation reported
Robert Fortuno
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Diamond Foundation
How much does Diamond Foundation give each year?
Diamond Foundation gave $17K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $14K across 9 grants.
What is Diamond Foundation's typical grant size?
Diamond Foundation's median grant in 2025 was $1,028, and its average grant was $1,714, across 10 grants on its 2025 IRS Form 990-PF.
Where does Diamond Foundation give grants?
Diamond Foundation gives mostly in Arizona: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Tucson, AZ (8 grants).
Does Diamond Foundation give general operating support?
Not in 2025: none of the 10 grants with a stated purpose on Diamond Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Diamond Foundation's largest grantees?
Diamond Foundation's largest 2025 grantees include Marshall Home for Men ($5,000), Interfaith Community Services ($5,000) and University of Arizona Foundation ($1,500), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.
How large is Diamond Foundation?
Diamond Foundation reported $241K in total assets on its 2025 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).
What does Diamond Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for food-bank costs, lodging and care for elderly or infirm men, university programs, counseling and community services, and children’s health, education, and security. See mission & focus areas ↑
How do I apply for a grant from Diamond Foundation?
The 2023 filing names Helaine Levy as the contact, states that there is no special form, and says there are no restrictions on awards. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Diamond Foundation's EIN?
Diamond Foundation's EIN (Employer Identification Number) is 86-6057240. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 12, 2026)
- IRS filings on file for fiscal years 2020–2025
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