Diane Swift Modaff Foundation Inc

ASHEVILLE, NC EIN: 56-2200480

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

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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $144K (54%)

California $125K (46%)

States

California North Carolina

Cities

AshevilleBlack MountainCharlotteFletcherHendersonvilleLos Angeles

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Philanthropy, Voluntarism & Grantmaking

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.