Dr Albert Joseph Diab Foundation
Dr Albert Joseph Diab Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $624K in total assets. In 2024, it awarded 16 grants totaling $32K. Net investment income was $42K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$624K
+1.7% YoY
Annual Giving
$32K
-4.3% YoY
Grant Count
16
-11.1% YoY
Avg Grant Size
$2K
+7.7% YoY
Under IRS private-foundation payout rules, Dr Albert Joseph Diab Foundation reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.
About Dr Albert Joseph Diab Foundation
Based on IRS filings
Dr Albert Joseph Diab Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $624K in total assets. In 2024, it awarded 16 grants totaling $32K. Net investment income was $42K.
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 | $624,457 | $613,987 | $651,682 |
| Revenue | $54,208 | $13,505 | $7,613 |
| Expenses | $43,854 | $51,284 | $57,145 |
| Qualifying Distributions | $31,875 | $33,310 | $39,315 |
| Net Investment Income | $42,229 | — | — |
| Distributable Amount | $34,041 | $31,841 | $33,310 |
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
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Timothys School ($10,000), Foundation-the Diocese of Raleigh ($3,000), Nc Public Radio Wunc ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOY SCOUTS OF AMERICA Raleigh, NC | GENERAL FUND | $1,000 |
| FOOD BANK Raleigh, NC | GENERAL FUND | $500 |
| FOUNDATION-THE DIOCESE OF RALEIGH Raleigh, NC | SCHOLARSHIP | $3,000 |
| HEART RESCUE Raleigh, NC | GENERAL FUND | $300 |
| NC AQUARIUM SOCIETY Raleigh, NC | GENERAL FUND | $275 |
| INTERFAITH FOOD SHUTTLE Raleigh, NC | GENERAL FUND | $500 |
| NC MUSEUM OF NATURAL RESOURCES Raleigh, NC | GENERAL FUND | $500 |
| NC PUBLIC RADIO WUNC Chapel Hill, NC | GENERAL FUND | $3,000 |
| NC PUBLIC TV - WUNC Durham, NC | GENERAL FUND | $3,000 |
| NC SYMPHONY Raleigh, NC | GENERAL FUND | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| F JOSEPH DIAB | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dr Albert Joseph Diab Foundation?
Dr Albert Joseph Diab Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. It holds $624K in total assets as of 2024.
How large is Dr Albert Joseph Diab Foundation?
As of 2024, Dr Albert Joseph Diab Foundation holds $624K in total assets with $54K in annual revenue. It awarded 16 grants totaling $32K in 2024.
Where does Dr Albert Joseph Diab Foundation operate?
Dr Albert Joseph Diab Foundation has awarded grants in North Carolina, Pennsylvania.
What size grants does Dr Albert Joseph Diab Foundation award?
In 2024, Dr Albert Joseph Diab Foundation awarded 16 grants totaling $32K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Dr Albert Joseph Diab Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dr Albert Joseph Diab Foundation reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dr Albert Joseph Diab Foundation's EIN?
Dr Albert Joseph Diab Foundation's EIN (Employer Identification Number) is 20-1970659. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Dr Albert Joseph Diab Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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