Michael & Diane Takac Family Foundation
The Michael & Diane Takac Family Foundation is a private foundation based in Lake Oswego, Oregon. Its 2025 filing reports 18 grants totaling $22,850 to charitable organizations, including organizations working in higher education, housing, emergency assistance, faith-based service, education, health care, and support for veterans and first responders.
Michael & Diane Takac Family Foundation at a glance
In short: Michael & Diane Takac Family Foundation gave $23K across 18 grants in 2025 (avg $1K), mostly in Colorado. 19% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $22,850
- -24.3% vs 2024
- Grants made (2025)
- 18
- +0.0% vs 2024
- Average grant
- $1,269
- -24.3% vs 2024
- Median grant
- $500
- Total assets
- $321,456
- -6.9% vs 2024
- New grantees (estimate)
- 19% first-time grantees (3 of 16, 2025; small sample)
- Primary geography
- Colorado (54% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Michael & Diane Takac Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Co 4949 Meadows Rd Ste 600, Lake Oswego, OR 97035
Phone: (719) 337-4475
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Michael & Diane Takac Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was American Council on Education ($5K). Together the top 10 received $21K.
Grant Size Distribution
101 grants across all recorded years
The most common grant size was under $50K: 101 grants of 101 (100%).
Geographic Focus
Where this funder awards grants
The foundation is based in Lake Oswego, Oregon. In 2025, its reported grant dollars were distributed primarily to recipients in Colorado (54%) and Washington, DC (22%), followed by North Carolina (11%), California (4%), and New York (2%).
Grant Distribution by State
Share of 2025 grant dollars across all 18 itemized grants.
States
Cities
Is Michael & Diane Takac Family Foundation open to new grantees?
19%
first-time grantees, 2025
In 2025, 3 of 16 grantees (19%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $1K; repeat grants $1K. How we count
Medians: $1K first-time, $500 repeat.
- 75% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+11%). Method
- In 2025 it paid out 113% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $17K (2019) to $30K (2024). In 2025 it made 18 grants totaling $23K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Council on Education Washington, DC | To support ace in its mission to influence higher education and degree-granting institutions. | $5,000 |
| Denver Rescue Mission Denver, CO | Financial support for the denver program of helping people who are experiencing homelessness and addiction with the primary goal of seeing lives transformed through personal accountability, education, spiritual development and community relationships. | $2,500 |
| Habitat for Humanity Golden, CO | Supporting a global nonprofit housing organization to fulfill the vision of a world where everyone has a decent place to live. Partnering with people in local communities to help build their own homes alongside volunteers and pay an affordable mortgage. | $2,500 |
| Samaritans Purse Boone, NC | Samaritan's purse's mission is to be the example of christ by helping those in need and proclaiming the hope of the gospel. | $2,500 |
| The Salvation Army Denver, CO | To provide financial assistance to the salvation army programs which include food, utility and rent assistance, after school programs that keep vulnerable children safe and nurture their development, senior citizen programs that provide housing, social supports and daily warm meals, and shelters that offer comprehensive supportive services for men, women and their children. | $2,500 |
| Forge Denver, CO | To support forge (kingdom building ministries incorporated) in furtherance of its charitable and religious mission, including programs that provide faith-based discipleship, leadership development, and community outreach. | $2,500 |
| Lincoln Academy Foundation Arvada, CO | Providing financial support for the mission of lincoln academy charter school, to help students attain their highest social and academic potential through an academically rigorous, content-rich educational program in a safe, orderly, and caring environment. | $1,000 |
| Prager University Foundation Sherman Oaks, CA | To support the charitable and educational activities of prager university foundation, including the development and dissemination of educational content. | $1,000 |
| Buffalo Hospice Buffalo, NY | To enrich the hospice experience and provide support for patients and their caregivers. | $500 |
| Shield 616 Colorado Springs, CO | To support shield616, which was founded to provide all-day rifle protection to first responders who sacrificially serve, and to bridge the gap between them and their communities through love and prayer | $500 |
Ready to take the next step with Michael & Diane Takac Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $321,456 | $6,767 | $31,030 | $22,850 | 18 | $22,850 | $6,712 | $20,212 |
| 2024 | $345,132 | $8,296 | $38,608 | $30,200 | 18 | $30,200 | $8,296 | $20,417 |
| 2023 | $377,636 | $5,713 | $28,729 | $20,650 | 19 | $20,650 | $5,713 | $20,313 |
| 2022 | $391,501 | $9,300 | $29,864 | $20,600 | 23 | $20,600 | $4,349 | $21,606 |
| 2021 | $408,325 | $57,728 | $31,103 | $21,600 | 23 | $21,600 | $3,861 | $20,308 |
| 2020 | $384,617 | $31,137 | $26,352 | $18,000 | 28 | — | $3,838 | $18,695 |
| 2019 | $385,487 | $57,708 | $29,133 | $16,700 | 19 | — | $3,319 | $18,106 |
Under IRS private-foundation payout rules, Michael & Diane Takac Family Foundation reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for organizations in several areas. For example, the American Council on Education describes its work as leading higher education and shaping public policy; Denver Rescue Mission says it meets people’s physical and spiritual needs; and Habitat for Humanity describes its work to help people build homes and access affordable mortgages. Other 2025 recipients include organizations whose stated missions address educational content, hospice care, veterans’ well-being, first-responder protection, and health care.
Grantmaking
In filing year 2025, the foundation reported 18 grants totaling $22,850. Grant amounts ranged from $250 to $5,000, with a median grant of $500.
Notable 2025 grants included $5,000 to the American Council on Education; $2,500 each to Denver Rescue Mission, Habitat for Humanity, Samaritan’s Purse, The Salvation Army, and Forge; and $1,000 each to Lincoln Academy Foundation and Prager University Foundation. Other reported recipients included Buffalo Hospice, Shield 616, Wounded Warrior Project, and Mayo Clinic.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Diane Takac as president, Michael Takac as vice president, and Brooke Takac Buzzi and Jessica Takac Cronan as directors.
Michael & Diane Takac Family Foundation is led by Diane Takac, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Diane Takac
President
On filings since 2019
1 hr/week
No compensation reported
Brooke Takac Buzzi
Director
On filings since 2019
1 hr/week
No compensation reported
Jessica Takac Cronan
Director
On filings since 2019
1 hr/week
No compensation reported
Michael Takac
Vice President
On filings since 2019
1 hr/week
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 Michael & Diane Takac Family Foundation
How much does Michael & Diane Takac Family Foundation give each year?
Michael & Diane Takac Family Foundation gave $23K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $30K across 18 grants.
What is Michael & Diane Takac Family Foundation's typical grant size?
Michael & Diane Takac Family Foundation's median grant in 2025 was $500, and its average grant was $1,269, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Michael & Diane Takac Family Foundation that year got $1K on average.
Where does Michael & Diane Takac Family Foundation give grants?
Michael & Diane Takac Family Foundation gives mostly in Colorado: 54% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (22%) and North Carolina (11%). The most frequent recipient cities were Denver, CO (4 grants) and Colorado Springs, CO (2 grants).
Does Michael & Diane Takac Family Foundation give general operating support?
Not in 2025: none of the 18 grants with a stated purpose on Michael & Diane Takac Family Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Michael & Diane Takac Family Foundation's largest grantees?
Michael & Diane Takac Family Foundation's largest 2025 grantees include American Council on Education ($5,000), Denver Rescue Mission ($2,500) and Habitat for Humanity ($2,500), according to its 2025 IRS Form 990-PF. Together they received 44% of its itemized 2025 grant dollars.
How large is Michael & Diane Takac Family Foundation?
Michael & Diane Takac Family Foundation reported $321K in total assets on its 2025 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).
What does Michael & Diane Takac Family Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for organizations in several areas. See mission & focus areas ↑
How do I apply for a grant from Michael & Diane Takac Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Michael & Diane Takac Family Foundation's EIN?
Michael & Diane Takac Family Foundation's EIN (Employer Identification Number) is 81-0868870. IRS Form 990 filing data is available on this page for 2019–2025.
Does Michael & Diane Takac Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS January 29, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 28, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 29, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 27, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS January 30, 2026)
- IRS filings on file for fiscal years 2019–2025
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Figures come from Michael & Diane Takac Family Foundation'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.
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