Frank P Diassi and Marianne R Diassi
Frank P Diassi and Marianne R Diassi is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLORHAM PARK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $570K in total assets. In 2024, it awarded 1 grants totaling $2.0M. Net investment income was $528K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$570K
-72.1% YoY
Annual Giving
$2.0M
+700.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.0M
+700.0% YoY
Under IRS private-foundation payout rules, Frank P Diassi and Marianne R Diassi reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.
About Frank P Diassi and Marianne R Diassi
Based on IRS filings
Frank P Diassi and Marianne R Diassi is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLORHAM PARK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $570K in total assets. In 2024, it awarded 1 grants totaling $2.0M. Net investment income was $528K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $569,664 | $2,041,908 | $2,206,570 |
| Revenue | $547,770 | $96,656 | $150,967 |
| Expenses | $2,021,326 | $264,846 | $429,097 |
| Qualifying Distributions | $2,000,000 | $250,000 | $413,048 |
| Net Investment Income | $527,944 | $84,810 | $134,919 |
| Distributable Amount | $112,788 | $114,346 | $123,919 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Chicago ($2,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF CHICAGO CHICAGO, IL | TO PROVIDE ORGANIZATIONAL SUPPORT | $2,000,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANK P DIASSI | PRESIDENT AND TREASURER | 1 | — |
| DIANE GIAIMO | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frank P Diassi and Marianne R Diassi?
Frank P Diassi and Marianne R Diassi is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLORHAM PARK, NJ. It holds $570K in total assets as of 2024.
How large is Frank P Diassi and Marianne R Diassi?
As of 2024, Frank P Diassi and Marianne R Diassi holds $570K in total assets with $548K in annual revenue. It awarded 1 grants totaling $2.0M in 2024.
Where does Frank P Diassi and Marianne R Diassi operate?
Frank P Diassi and Marianne R Diassi has awarded grants in Illinois, New Jersey, New York, Tennessee.
What size grants does Frank P Diassi and Marianne R Diassi award?
In 2024, Frank P Diassi and Marianne R Diassi awarded 1 grants totaling $2.0M — an average of about $2.0M per grant, based on its IRS Form 990 filings.
How much is Frank P Diassi and Marianne R Diassi required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank P Diassi and Marianne R Diassi reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frank P Diassi and Marianne R Diassi's EIN?
Frank P Diassi and Marianne R Diassi's EIN (Employer Identification Number) is 26-0141688. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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