Joe Dacy Charitable Trust

RESTON, VA EIN: 88-6803798

Joe Dacy Charitable Trust is a private foundation, based in RESTON, VA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $59.3M in total assets. In 2024, it awarded 1 grants totaling $4.7M. Net investment income was $728K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$59.3M

-6.3% YoY

Annual Giving

$4.7M

Grant Count

Avg Grant Size

$4.7M

Under IRS private-foundation payout rules, Joe Dacy Charitable Trust reported a distributable amount of $2.9M for 2024 — the minimum it must pay out in qualifying distributions.

About Joe Dacy Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $4.7M (100%)

States

Virginia

Cities

Reston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$59,313,452	$63,314,049
Revenue	$866,810	$63,314,239
Expenses	$4,867,407	$190
Qualifying Distributions	$4,705,263	—
Net Investment Income	$727,565	$779,049
Distributable Amount	$2,895,803	$2,770,148

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

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Sterling Donor Advised Fund ($4,670,250).

Recipient	Purpose	Amount
THE STERLING DONOR ADVISED FUND RESTON, VA	GENERAL SUPPORT	$4,670,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAVID DACY	TRUSTEE	1	—
ROBERT DACY	TRUSTEE	1	—
CHRISTOPHER DACY	TRUSTEE	1	—

Frequently Asked Questions

How large is Joe Dacy Charitable Trust?

As of 2024, Joe Dacy Charitable Trust holds $59.3M in total assets with $867K in annual revenue. It awarded 1 grants totaling $4.7M in 2024.

Where does Joe Dacy Charitable Trust operate?

Joe Dacy Charitable Trust has awarded grants in Virginia.

What size grants does Joe Dacy Charitable Trust award?

In 2024, Joe Dacy Charitable Trust awarded 1 grants totaling $4.7M — an average of about $4.7M per grant, based on its IRS Form 990 filings.

How much is Joe Dacy Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joe Dacy Charitable Trust reported a distributable amount of $2.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.