Diamonds Direct Foundation

Private foundation · Grantmaker Charlotte, NC EIN: 20-1313356

Diamonds Direct Foundation is a private foundation, based in Charlotte, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $10K in total assets. In 2025, it awarded 1 grant totaling $4K.

Diamonds Direct Foundation at a glance

In short: Diamonds Direct Foundation gave $4K across 1 grant in 2025 (avg $4K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$3,600
-91.7% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$3,600
-91.7% vs 2024
Median grant
$3,600
Total assets
$10,365
+0.0% vs 2024
Primary geography
North Carolina (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Diamonds Direct Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Lubavitch: $4KLubavitch$4K

The largest 2025 recipient was Lubavitch ($4K).

Grant Size Distribution

6 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 6 (83%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

CharlotteWashington

How Diamonds Direct Foundation gives

  • Giving fell 92% from 2022 to 2025. 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

$0$50K$100K$150K3 grants2020 2 grants2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $4K (2025) to $111K (2021). In 2025 it made 1 grant totaling $4K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Lubavitch Charlotte, NCEducation$3,600
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying Distributions
2025$10,365$3,600$3,600$3,6001$3,600
2024$10,365$43,200$43,200$43,2001$43,200
2023$10,365$43,200$43,200$43,2001$43,200
2022$10,365$43,200$43,200$43,2001$43,200
2021$10,365$111,200$111,200$111,2002$111,200
2020$10,365$96,300$96,300$96,3003—

Leadership & Key People

Officers and directors from IRS filings

Diamonds Direct Foundation is led by Itay Berger, Director since 2022 (on filings since 2020) — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Itay Berger

    Director

    Vice President, Secretary, Treasurer & Director → Director, 2022

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Former officers (1)
  • Former: Alon Arabov (2020–2021) — President & Director

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 Diamonds Direct Foundation

How much does Diamonds Direct Foundation give each year?

Diamonds Direct Foundation gave $4K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $43K across 1 grant.

How large is Diamonds Direct Foundation?

Diamonds Direct Foundation reported $10K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $4K.

Where does Diamonds Direct Foundation operate?

Diamonds Direct Foundation has awarded grants in District of Columbia, North Carolina.

What is Diamonds Direct Foundation's EIN?

Diamonds Direct Foundation's EIN (Employer Identification Number) is 20-1313356. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 11, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 19, 2025)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 19, 2025)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 19, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Diamonds Direct Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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