Joseph R Diprima Foundation Inc

SATELLITE BEACH, FL EIN: 88-3961965

Joseph R Diprima Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SATELLITE BEACH, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $77K in total assets. In 2024, it awarded 2 grants totaling $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$77K

+8128.8% YoY

Annual Giving

$2K

Grant Count

Avg Grant Size

$1K

Under IRS private-foundation payout rules, Joseph R Diprima Foundation Inc reported a distributable amount of $234 for 2024 — the minimum it must pay out in qualifying distributions.

About Joseph R Diprima Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $1K (50%)

North Carolina $1K (50%)

States

Florida North Carolina

Cities

BooneMelbourne

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$76,939	$935	—
Revenue	$79,470	$1,000	—
Expenses	$3,466	$65	—
Qualifying Distributions	$3,466	$65	—
Net Investment Income	—	—	—
Distributable Amount	$234	$36	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include New Life Mission ($1,000), Samaritan's Purse ($1,000).

Recipient	Purpose	Amount
NEW LIFE MISSION MELBOURNE, FL	TO HELP HOMELESS FAMILIES IN THE COMMUNITY	$1,000
SAMARITAN'S PURSE BOONE, NC	ASSIST IN DISASTER RELIEF ACROSS THE WORLD	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOSEPH R DIPRIMA	DIRECTOR	1	—
PENELLA J DIPRIMA	DIRECTOR	0.5	—
DON D MORSE	DIRECTOR	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Joseph R Diprima Foundation Inc?

Joseph R Diprima Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SATELLITE BEACH, FL. It holds $77K in total assets as of 2024.

How large is Joseph R Diprima Foundation Inc?

As of 2024, Joseph R Diprima Foundation Inc holds $77K in total assets with $79K in annual revenue. It awarded 2 grants totaling $2K in 2024.

Where does Joseph R Diprima Foundation Inc operate?

Joseph R Diprima Foundation Inc has awarded grants in Florida, North Carolina.

What size grants does Joseph R Diprima Foundation Inc award?

In 2024, Joseph R Diprima Foundation Inc awarded 2 grants totaling $2K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Joseph R Diprima Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joseph R Diprima Foundation Inc reported a distributable amount of $234 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joseph R Diprima Foundation Inc's EIN?

Joseph R Diprima Foundation Inc's EIN (Employer Identification Number) is 88-3961965. IRS Form 990 filing data is available on this page for 2022–2024.