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
Among its reported 2024 grants, the largest include Dollars & Sense ($20,000), Graham Windham Leadership ($10,000), Cuny Medical School ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BARTH SYNDROME FOUNDATION LARCHMONT, NY | ECONOMIC POLICY | $1,000 |
| DOLLARS & SENSE PORTSMOUTH, NH | ECONOMIC POLICY | $20,000 |
| FRIENDS OF NATURAL HISTORY FOUNDATION RESEARCH TRIANGLE PARK, NC | ECONOMIC POLICY | $500 |
| FUND FOR RECONCILIATION AND DEVELOPMENT RIVERHEAD, NY | ECONOMIC POLICY | $3,000 |
| GLOBAL HEALTH PARTNERS NEW YORK, NY | ECONOMIC POLICY | $500 |
| GRAHAM WINDHAM LEADERSHIP BROOKLYN, NY | ECONOMIC POLICY | $10,000 |
| INSTITUTE OF POLICY STUDIES WASHINGTON, DC | ECONOMIC POLICY | $500 |
| JUDICIAL PROCESS COMMISSION ROCHESTER, NY | ECONOMIC POLICY | $200 |
| OXFAM NEW YORK, NY | ECONOMIC POLICY | $2,000 |
| PREC NEW YORK, NY | ECONOMIC POLICY | $4,000 |
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
Frequently Asked Questions
What does The Danica Foundation fund?
The foundation's primary purpose is to support economic policy. Recent grantmaking demonstrates a focus on economic justice and policy reform organizations.
How do I apply for a grant from The Danica Foundation?
**Grant Activity:** The foundation made 45 grants in 2023. Recent grant recipients and amounts include: • Dollars and Sense: $24,200 (Economic Policy, 2023) • United for A Fair Economy Inc -- Share the Wealth (UFE): $5,000 (Economic Policy, 2023) • Earth Rights Institute: (Economic Policy, 2023) • Graham School: (2023) **Grant Sizes:** Typical award amounts range from $100 to $49,718.
Where does The Danica Foundation make grants?
The foundation's grantmaking extends to New York, District of Columbia, and New Hampshire.
What size grants does The Danica Foundation award?
In 2024, The Danica Foundation awarded 27 grants totaling $82K — an average of about $3K per grant, based on its IRS Form 990 filings.
What is The Danica Foundation's EIN?
The Danica Foundation's EIN (Employer Identification Number) is 26-2471789. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Danica Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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