The Danica Foundation is a private foundation located in New York, NY, established in 2008. It operates as a 501(c)(3) organization with no employees. The foundation funds economic policy initiatives using income generated from Vanguard investments, including interest income, dividend income, and capital gains.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$263K
-12.7% YoY
Annual Giving
$82K
-34.1% YoY
Grant Count
27
+35.0% YoY
Avg Grant Size
$3K
-51.2% YoY
Mission & Focus Areas
The foundation's primary purpose is to support economic policy. Recent grantmaking demonstrates a focus on economic justice and policy reform organizations.
Grantmaking
The foundation made 45 grants in 2023. Recent grant recipients and amounts include:
Grant Range
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends to New York, District of Columbia, and New Hampshire.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $301,814
- Total revenues: $17,028
- Total expenses: $130,529
As of 2024:
- Total assets: $263,487
- Total giving: $81,531
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $263,487 | $301,814 | $454,248 |
| Revenue | $21,458 | $17,028 | $28,328 |
| Expenses | $90,059 | $130,529 | $63,126 |
| Qualifying Distributions | $89,692 | $130,109 | $62,872 |
| Net Investment Income | $21,376 | $17,028 | $28,328 |
| Distributable Amount | — | — | — |
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
174 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS HAINES DECEASED 2023 | PRESIDENT, DIRECTOR | 10 | — |
| MARY CLEVELAND | SECRETARY, DIRECTOR | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
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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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