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
Under IRS private-foundation payout rules, The Damial Foundation Inc reported a distributable amount of $3.9M for 2024 — the minimum it must pay out in qualifying distributions.
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:
Ready to take the next step with The Damial Foundation Inc?
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
Among its reported 2024 grants, the largest include Tisch MS Research Center of New York ($2,500,000), Jewish Communal Fund ($2,250,000), Suffield Academy ($1,750,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Congregation Kol Ami White Plains, NY | To further educational, religious, medical, cultural, societal and environmental causes. | $100,000 |
| Hebrew Union College-Jewish Institution New York, NY | To further educational, religious, medical, cultural, societal and environmental causes. | $750,000 |
| Jewish Communal Fund New York, NY | To further educational, religious, medical, cultural, societal and environmental causes. | $2,250,000 |
| ATRIA HEALTH COLLABORATIVE INC New York, NY | To further educational, religious, medical, cultural, societal and environmental causes. | $1,000,000 |
| Society of the Four Arts Palm Beach, FL | To further educational, religious, medical, cultural, societal and environmental causes. | $10,000 |
| MONTEFIORE MEDICAL CENTER BRONX, NY | To further educational, religious, medical, cultural, societal and environmental causes. | $100,000 |
| Suffield Academy Suffield, CT | To further educational, religious, medical, cultural, societal and environmental causes. | $1,750,000 |
| Tisch MS Research Center of New York New York, NY | To further educational, religious, medical, cultural, societal and environmental causes. | $2,500,000 |
| CONGREGATION EMANU-EL OF THE CITY OF NY NEW YORK, NY | To further educational, religious, medical, cultural, societal and environmental causes. | $150,000 |
| FDNY FOUNDATION BROOKLYN, NY | To further educational, religious, medical, cultural, societal and environmental causes. | $100,000 |
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
Frequently Asked Questions
What does The Damial Foundation Inc fund?
The foundation supports educational, religious, medical, cultural, societal, and environmental causes.
How do I apply for a grant from The Damial Foundation Inc?
The Damial Foundation makes annual grants to a range of organizations. Recent grants documented include: • New York University: $2,000,000 (2023) • Suffield Academy: $1,500,000 (2023) • Brown University: $1,000,000 (2023) The foundation has demonstrated significant grantmaking activity, with total giving to secondary and high schools in New York reaching $8,710,000.
Where does The Damial Foundation Inc make grants?
The foundation primarily funds organizations in New York, with a particular focus on New York-based nonprofits.
What size grants does The Damial Foundation Inc award?
In 2024, The Damial Foundation Inc awarded 10 grants totaling $8.7M — an average of about $871K per grant, based on its IRS Form 990 filings.
How much is The Damial Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Damial Foundation Inc reported a distributable amount of $3.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Damial Foundation Inc's EIN?
The Damial Foundation Inc's EIN (Employer Identification Number) is 13-3693581. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Damial Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Damial Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Damial Foundation Inc to a real strategy.