Foic Charity

Private foundation · Grantmaker Las Vegas, NV EIN: 88-0476282

Foic Charity is a private foundation, based in Las Vegas, NV. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $12.8M in total assets. In 2025, it awarded 1 grant totaling $60K. Net investment income was $133K.

Foic Charity at a glance

In short: Foic Charity gave $60K across 1 grant in 2025 (avg $60K), mostly in California. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$60,000
-87.4% vs 2024
Grants made (2025)
1
-87.5% vs 2024
Average grant
$60,000
+1.1% vs 2024
Median grant
$60,000
Total assets
$12,846,287
+0.5% vs 2024
Primary geography
California (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Foic Charity funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

University of California: $60KUniversity of California$60K

The largest 2025 recipient was University of California ($60K).

Grant Size Distribution

47 grants across all recorded years

31<$50K13$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 47 (66%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states

Share of the 2025 grant dollars on its one itemized grant.

Cities

Los AngelesSan FranciscoWashingtonSacramentoDavisNew YorkOrlandoSan JuanSan RafaelVancouverArlingtonBrooklynCliftonEncinoOaklandStamfordAllentownBaltimoreCarmichaelClaremont

How Foic Charity gives

  • Giving fell 93% from 2022 to 2025. Method
  • In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M14 grants2019 26 grants2020 9 grants2021 20 grants2022 9 grants2023 8 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $60K (2025) to $800K (2022). In 2025 it made 1 grant totaling $60K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of California Oakland, CAFor University General Fund$60,000
Your AI grants department

Ready to take the next step with Foic Charity?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$12,846,287$154,092$95,098$60,0001$74,323$133,317$64,995
2024$12,787,293$104,195$541,623$475,0008$508,189$73,212$114,045
2023$13,225,821$-4,459,928$207,207$189,6509$198,832—$134,491
2022$17,892,856$38,101$987,193$800,18220—$101—
2021$18,841,948$601,363$402,902$332,0009—$429,232—
2020$18,642,487$1,383,010$890,613$701,30026—$895,738—
2019$18,150,090$506,860$723,361$629,11914—$46,420—

Under IRS private-foundation payout rules, Foic Charity reported a distributable amount of $65K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Foic Charity is led by David J. Berardo, Director & President since 2023 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David J. Berardo

    Director & President

    Director → President, 2022

    President → Director & President, 2023

    On filings since 2019

    No compensation reported

  • Dianne Dimascio

    Director & Secretary

    Secretary → Director & Secretary, 2023

    On filings since 2022

    No compensation reported

  • Jerrel G. John

    Director

    Treasurer → Director, 2023

    On filings since 2022

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Foic Charity

How much does Foic Charity give each year?

Foic Charity gave $60K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $475K across 8 grants.

How large is Foic Charity?

Foic Charity reported $12.8M in total assets on its 2025 IRS Form 990-PF. It paid out $74K in qualifying distributions that year, against a required minimum of $65K (roughly 5% of its investment assets).

Where does Foic Charity operate?

Foic Charity has awarded grants in California, Connecticut, District of Columbia, Florida, Maryland, North Carolina, New Jersey, Nevada, New York, Pennsylvania, Puerto Rico, Virginia, Washington.

What is Foic Charity's EIN?

Foic Charity's EIN (Employer Identification Number) is 88-0476282. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS July 15, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS May 18, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 16, 2023)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  6. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Foic Charity's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Nevada

Silicon Valley Community Foundation

Mountain View, CA

Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.

Philanthropy, Voluntarism & Grantmaking

Assets

$12.3B

Grants

3,576

Total Given

$3.2B

Bristol-Myers Squibb Foundation Inc

Princeton, NJ

The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.

Assets

$83.3M

Grants

144

Total Given

$67.7M

President and Fellows of Harvard College

Cambridge, MA

Harvard’s grantmaking primarily supports research and education, including research awards and sub-awards to universities, hospitals, and research institutes. In 2025, it reported 352 grants ranging from $5,002 to $27.4 million, with a median of $123,018; recipients were concentrated in Massachusetts, which received 64% of grant dollars. The profile does not state whether Harvard accepts unsolicited requests.

Assets

$79.9B

Grants

352

Total Given

$273.3M

Community Foundation of Northern Nevada

Reno, NV

The Community Foundation of Northern Nevada supports nonprofits and community projects, including nonprofit capacity-building, mental health access, housing, and watershed protection, primarily in Northern Nevada. Its 2024 grants had a median of $20,000, though amounts varied widely; it accepts applications through specific funding opportunities and RFP cycles, but the profile does not state whether it accepts general unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$178.2M

Grants

207

Total Given

$16.0M

NV Energy Charitable Foundation

Reno, NV

The foundation supports qualified public charities in the NV Energy service areas, with emphasis on environmental conservation, education, and public safety. Its 2025 grants ranged from $350 to $500,000, with a median of $7,500. It accepts unsolicited requests through a Letter of Interest process, allowing one submission per organization each calendar year.

Philanthropy, Voluntarism & Grantmaking

Assets

$26.6M

Grants

207

Total Given

$4.2M

Tahoe Community Foundation

Incline Village, NV

Tahoe Community Foundation funds nonprofits serving the Lake Tahoe Basin in areas including the environment, education and youth, well-being, arts and culture, and community engagement. Action Grants typically range from $2,500 to $5,000; its broader 2025 grantmaking had a median award of $25,000. It accepts Action Grant applications on a rolling basis for quarterly review; the Community Fund has an annual competitive cycle.

Assets

$169.9M

Grants

191

Total Given

$26.9M

More similar funders

More Funders in Nevada

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Foic Charity'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.

Foic Charity down — hundreds of funders to go?

Want AI to do this for you?