Diane Swift Modaff Foundation Inc
Diane Swift Modaff Foundation Inc is a private foundation based in Asheville, North Carolina. Its 2024 filing reports 15 grants totaling $252,639, but the foundation’s 2023 final-return filing states that it terminated on April 22, 2024, distributed its assets through charitable donations, and would no longer exist; it therefore appears to have wound down.
Diane Swift Modaff Foundation Inc at a glance
In short: Diane Swift Modaff Foundation Inc gave $253K across 15 grants in 2024 (avg $17K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $252,639
- Grants made (2024)
- 15
- Average grant
- $16,843
- Median grant
- $10,000
- Primary geography
- North Carolina (51% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Diane Swift Modaff Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation stated that it does not accept unsolicited requests and makes contributions only to preselected charitable organizations. Its filing also states that it terminated in 2024.
- Contact
Mailing address: 5 Stancliff Drive, Asheville, NC 28803
Phone: (828) 687-8438
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Diane Swift Modaff Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Westside Inclusive School House Inc ($125K). Together the top 10 received $230K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 17 grants of 18 (94%).
Geographic Focus
Where this funder awards grants
The 2024 grants were distributed by recipient state as follows: 51% of grant dollars went to North Carolina recipients and 49% to California recipients. Listed North Carolina recipients were primarily in Asheville and nearby communities; the largest grant went to an organization in Los Angeles, California.
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
States
Cities
How Diane Swift Modaff Foundation Inc gives
- Giving grew 6175% from 2021 to 2024. Method
- In 2024 it paid out well above 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 2021 to 2024, annual grant giving ranged from $4K (2021) to $253K (2024). In 2024 it made 15 grants totaling $253K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Westside Inclusive School House Inc Los Angeles, CA | Cash Gift | $125,000 |
| Equal Plates Project Asheville, NC | Cash Gift | $15,000 |
| Manna Food Bank Asheville, NC | Cash Gift | $15,000 |
| Eblen Charities Asheville, NC | Cash Gift | $15,000 |
| Abccm Asheville, NC | Cash Gift | $15,000 |
| Haywood Street Housing Asheville, NC | Cash Gift | $10,001 |
| Pisgah Legal Services Asheville, NC | Cash Gift | $10,000 |
| Safelite Inc Hendersonville, NC | Cash Gift | $10,000 |
| Beloved Asheville Asheville, NC | Cash Gift | $10,000 |
| Southside Community Farm Asheville, NC | Cash Gift | $5,000 |
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Financial History
Multi-year comparison from IRS filings
The 2023 filing states that all assets were distributed through charitable donations and all liabilities were paid by the foundation.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $29,810 | $265,749 | $252,639 | 15 | $252,639 | $16,700 | $11,052 |
| 2023 | $235,961 | $-858 | $5,490 | — | — | — | — | $11,694 |
| 2022 | $242,685 | $32,137 | $17,267 | $12,154 | 2 | $12,154 | $27,024 | $13,750 |
| 2021 | $228,153 | $28,359 | $8,554 | $4,026 | 1 | — | $23,831 | $12,154 |
| 2020 | $208,402 | $208,547 | $402 | — | — | — | $2,710 | $4,026 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available filings do not state a mission for the foundation. Its 2024 grants went to organizations whose stated work included hunger relief, direct assistance to people and families in need, community equity, civil legal services, animal rescue, and diaper distribution. For example, MANNA Food Bank describes its mission as ending hunger in Western North Carolina, while Pisgah Legal Services says it provides legal assistance and advocacy for low-income people in the region.
Grantmaking
In 2024, the foundation reported 15 grants totaling $252,639. Grants ranged from $2,638 to $125,000, with a median of $10,000. The largest listed grants were $125,000 to Westside Inclusive School House Inc. in Los Angeles and $15,000 each to Equal Plates Project, MANNA Food Bank, Eblen Charities, and ABCCM, all listed in Asheville. Other listed grants included $10,001 to Haywood Street Housing and $10,000 each to Pisgah Legal Services, Safelite Inc., and Beloved Asheville.
The foundation’s 2023 final-return filing states that it made contributions only to preselected charitable organizations. That filing also says it does not accept unsolicited requests; given the stated termination, this should not be treated as a current application process.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists David Modaff as director, president, and treasurer, and Lynda Modaff as director and secretary.
Diane Swift Modaff Foundation Inc is led by David Modaff, Director, President & Treasurer on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
David Modaff
Director, President & Treasurer
On filings since 2020
No compensation reported
Lynda Modaff
Director & Secretary
On filings since 2020
No compensation reported
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.
Frequently asked questions about Diane Swift Modaff Foundation Inc
How much does Diane Swift Modaff Foundation Inc give each year?
Diane Swift Modaff Foundation Inc gave $253K across 15 grants in 2024, according to its 2024 IRS Form 990-PF.
What is Diane Swift Modaff Foundation Inc's typical grant size?
Diane Swift Modaff Foundation Inc's median grant in 2024 was $10,000, and its average grant was $16,843, across 15 grants on its 2024 IRS Form 990-PF.
Where does Diane Swift Modaff Foundation Inc give grants?
Diane Swift Modaff Foundation Inc gives mostly in North Carolina: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (49%). The most frequent recipient cities were Asheville, NC (12 grants).
Does Diane Swift Modaff Foundation Inc give general operating support?
Not in 2024: none of the 15 grants with a stated purpose on Diane Swift Modaff Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Cash Gift" (15 grants).
Who are Diane Swift Modaff Foundation Inc's largest grantees?
Diane Swift Modaff Foundation Inc's largest 2024 grantees include Westside Inclusive School House Inc ($125,000), Equal Plates Project ($15,000) and Manna Food Bank ($15,000), according to its 2024 IRS Form 990-PF. Together they received 61% of its itemized 2024 grant dollars.
What does Diane Swift Modaff Foundation Inc fund?
The available filings do not state a mission for the foundation. Its 2024 grants went to organizations whose stated work included hunger relief, direct assistance to people and families in need, community equity, civil legal services, animal rescue, and diaper distribution. See mission & focus areas ↑
How do I apply for a grant from Diane Swift Modaff Foundation Inc?
The foundation stated that it does not accept unsolicited requests and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Diane Swift Modaff Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Diane Swift Modaff Foundation Inc funds
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Cite this profile
Grantable. (2026). Diane Swift Modaff Foundation Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/diane-swift-modaff-foundation-inc-morg_69f990d6ba404c7496ef703bdd803a75
BibTeX
@misc{grantable_562200480_2026,
author = {{Grantable}},
title = {{Diane Swift Modaff Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/diane-swift-modaff-foundation-inc-morg_69f990d6ba404c7496ef703bdd803a75},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Diane Swift Modaff Foundation Inc'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.
Diane Swift Modaff Foundation Inc down — hundreds of funders to go?