Diane Swift Modaff Foundation Inc
Diane Swift Modaff Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. IRS filing data is available from 2020 through 2024. In 2024, it awarded 15 grants totaling $253K. Net investment income was $17K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$253K
Grant Count
15
Avg Grant Size
$17K
Under IRS private-foundation payout rules, Diane Swift Modaff Foundation Inc reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
About Diane Swift Modaff Foundation Inc
Based on IRS filings
Diane Swift Modaff Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. IRS filing data is available from 2020 through 2024. In 2024, it awarded 15 grants totaling $253K. Net investment income was $17K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $235,961 | $242,685 |
| Revenue | $29,810 | $-858 | $32,137 |
| Expenses | $265,749 | $5,490 | $17,267 |
| Qualifying Distributions | $252,639 | — | $12,154 |
| Net Investment Income | $16,700 | — | $27,024 |
| Distributable Amount | $11,052 | $11,694 | $13,750 |
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
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Westside Inclusive School House Inc ($125,000), Equal Plates Project ($15,000), Manna Food Bank ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EQUAL PLATES PROJECT ASHEVILLE, NC | CASH GIFT | $15,000 |
| MANNA FOOD BANK ASHEVILLE, NC | CASH GIFT | $15,000 |
| SOUTHSIDE COMMUNITY FARM ASHEVILLE, NC | CASH GIFT | $5,000 |
| BABIES NEED BOTTOMS ASHEVILLE, NC | CASH GIFT | $2,638 |
| CHARLIES ANGELS ANIMAL RESCUE FLETCHER, NC | CASH GIFT | $5,000 |
| BLUE RIDGE PUBLIC RADIO ASHEVILLE, NC | CASH GIFT | $5,000 |
| EBLEN CHARITIES ASHEVILLE, NC | CASH GIFT | $15,000 |
| ABCCM ASHEVILLE, NC | CASH GIFT | $15,000 |
| MEALS ON WHEELS ASHEVILLE, NC | CASH GIFT | $5,000 |
| PISGAH LEGAL SERVICES ASHEVILLE, NC | CASH GIFT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID MODAFF | DIRECTOR, PRESIDENT, TREAS | — | — |
| LYNDA MODAFF | DIRECTOR,SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Diane Swift Modaff Foundation Inc?
Diane Swift Modaff Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. It holds — in total assets as of 2024.
Where does Diane Swift Modaff Foundation Inc operate?
Diane Swift Modaff Foundation Inc has awarded grants in California, North Carolina.
What size grants does Diane Swift Modaff Foundation Inc award?
In 2024, Diane Swift Modaff Foundation Inc awarded 15 grants totaling $253K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Diane Swift Modaff Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Diane Swift Modaff Foundation Inc reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Diane Swift Modaff Foundation Inc's EIN?
Diane Swift Modaff Foundation Inc's EIN (Employer Identification Number) is 56-2200480. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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