DIME FOUNDATION INC (fka Dime Community Bank Foundation)

Public charity · Grantmaker Hauppauge, NY EIN: 88-2297121

The Dime Foundation provides support to local charities that enhance the quality of life and strengthen communities on Long Island and New York City.

Key facts about DIME FOUNDATION INC (fka Dime Community Bank Foundation)

In short: DIME FOUNDATION INC (fka Dime Community Bank Foundation) gave $45K across 2 grants in 2025 (avg $23K), mostly in Texas. Source: 2025 IRS Form 990.

EIN
88-2297121
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$45,145
Grants made (2025)
2
Average grant
$22,573
Median grant
$22,573
Total assets
$19,870
Primary geography
Texas (56% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$20K

-67.7% YoY

Annual Giving

$45K

+652.4% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$23K

+276.2% YoY

How DIME FOUNDATION INC (fka Dime Community Bank Foundation) gives

  • Giving grew 81% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About DIME FOUNDATION INC (fka Dime Community Bank Foundation)

Based on IRS filings

DIME FOUNDATION INC (fka Dime Community Bank Foundation) is a public charity, based in Hauppauge, NY. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $20K in total assets. In 2025, it awarded 2 grants totaling $45K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

Bay ShoreBethlehemCommackDallasFar RockawayMedfordWatermill

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2022 3 grants2023 1 grant2024 2 grants2025

From 2022 to 2025, annual grant giving ranged from $6K (2024) to $45K (2025). In 2025 it made 2 grants totaling $45K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

American Heart Association Inc: $25KAmerican Heart Association Inc$25KMoravian University: $20KMoravian University$20K

The largest 2025 recipient was American Heart Association Inc ($25K). Together the top 2 received $45K.

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
American Heart Association Inc Dallas, TXTo support research and education$25,145
Moravian University Bethlehem, PATo support research and education$20,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$100K$200K$300K$400K2022 2023 2024 2025
Metric202520242023
Total Assets$19,870$61,538$180,751
Revenue$321,835$153,510$154,957
Expenses$363,503$272,723$94,845

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS May 8, 2026)
  2. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

DIME FOUNDATION INC (fka Dime Community Bank Foundation) is led by Steven Miley, Chairman of Board & President on every filing since 2023; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Steven Miley

    Chairman of Board & President

    On filings since 2023

    1 hr/week

    No compensation reported

  • Avinash Reddy

    Board Member & Treasurer CFO

    Vice President → Board Member & Treasurer CFO, 2023

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Christopher Porzelt

    Board Member

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Stuart Lubow

    Board Member

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Judy Wu

    General Counsel

    On filings since 2024

    0.3 hrs/week

    No compensation reported

Former officers (5)
  • Former: Alexandra Weeks (2022–2023) — Vice President Assistant Corp Secretary
  • Former: Libby Doumanis (2022–2023) — Vice President
  • Former: Patricia Schaubeck (2022–2023) — Board Member & General Counsel Corp Secretary
  • Former: Daniel Delehanty (2022) — Vice President
  • Former: Julie Levy (2022) — President

Data from IRS Form 990 filings, 2022–2025. "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 DIME FOUNDATION INC (fka Dime Community Bank Foundation)

How much does DIME FOUNDATION INC (fka Dime Community Bank Foundation) give each year?

DIME FOUNDATION INC (fka Dime Community Bank Foundation) gave $45K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $6K across 1 grant.

How large is DIME FOUNDATION INC (fka Dime Community Bank Foundation)?

DIME FOUNDATION INC (fka Dime Community Bank Foundation) reported $20K in total assets on its 2025 IRS Form 990. Its revenue that year was $322K.

Where does DIME FOUNDATION INC (fka Dime Community Bank Foundation) operate?

DIME FOUNDATION INC (fka Dime Community Bank Foundation) has awarded grants in New York, Pennsylvania, Texas.

What is DIME FOUNDATION INC (fka Dime Community Bank Foundation)'s EIN?

DIME FOUNDATION INC (fka Dime Community Bank Foundation)'s EIN (Employer Identification Number) is 88-2297121. IRS Form 990 filing data is available on this page for 2022–2025.

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

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