The Damial Foundation Inc
The Damial Foundation Inc is a private foundation established in 1992 in New York and Delaware. Based in New York City at 712 5th Avenue, Floor 12, the foundation is classified as a 501(c)(3) organization and has been tax-exempt since April 1993. The foundation was founded by the late Laurence A. Tisch and Daniel R. and Wilma S. Tisch, and is currently created and managed by trustees Daniel R. Tisch and Bonnie J. Tisch.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$67.4M
+32.5% YoY
Annual Giving
$8.7M
+29.8% YoY
Grant Count
10
-41.2% YoY
Avg Grant Size
$871K
+120.6% YoY
Mission & Focus Areas
The foundation supports educational, religious, medical, cultural, societal, and environmental causes.
Grantmaking
The Damial Foundation makes annual grants to a range of organizations. Recent grants documented include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, with a particular focus on New York-based nonprofits.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Revenue: $33,561,309
- Total Expenses: $9,271,206
- Net Income: $24,290,103
- Total Assets: $67,408,259
- Total Liabilities: $0
As of December 2023:
- Total Revenue: $23,934,881
- Total Expenses: $6,848,732
- Total Assets: $50,855,136
The foundation maintains zero employees and operates as a grantmaking entity.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $67,408,259 | $50,855,136 | $49,676,440 |
| Revenue | $33,561,309 | $23,934,881 | $12,636,019 |
| Expenses | $9,271,206 | $6,848,732 | $6,572,759 |
| Qualifying Distributions | $8,710,000 | $6,711,000 | $6,202,500 |
| Net Investment Income | $25,608,103 | $7,994,649 | $12,440,760 |
| Distributable Amount | $3,851,568 | $3,286,419 | $3,272,655 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Laurence A. Tisch, the foundation's founder, was co-owner of Loews Corporation and diversified the business to include a hotel chain, a tobacco company, an insurance firm, and an offshore drilling company. He served as Chief Executive Officer of CBS television network from 1986 to 1995. His son, James S. Tisch, is currently President and Chief Executive Officer of Loews Corporation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL R TISCH | PRESIDENT,DIRECTOR | — | — |
| BONNIE J TISCH | SENIOR VICE PRESIDENT, DIR | — | — |
| ALAN H HIRSCHFELD | SECRETARY | — | — |
| BARRY L BLOOM | TREASURER | — | — |
Contact Information
Address: 712 5th Avenue, Floor 12, New York City, NY 10019-4154
Telephone: 212-521-2930
EIN: 13-3693581
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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