The Daniel Tanner Foundation Inc

SOMERSET, NJ EIN: 27-1534132

The Daniel Tanner Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOMERSET, NJ. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $1.9M in total assets. In 2021, it awarded 1 grants totaling $25K. Net investment income was $25K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$1.9M

+123.1% YoY

Annual Giving

$25K

-28.6% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$25K

+42.9% YoY

Under IRS private-foundation payout rules, The Daniel Tanner Foundation Inc reported a distributable amount of $80K for 2021 — the minimum it must pay out in qualifying distributions.

About The Daniel Tanner Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $50K (83%)

North Carolina $10K (17%)

States

Florida North Carolina

Cities

Chapel HillTampa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	$1,935,043	$867,258
Revenue	$1,097,422	$388,468
Expenses	$29,637	$38,490
Qualifying Distributions	—	—
Net Investment Income	$25,206	$21,533
Distributable Amount	$79,566	$33,236

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2021

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include University of South Florida ($25,000).

Recipient	Purpose	Amount
UNIVERSITY OF SOUTH FLORIDA TAMPA, FL	MEDICAL RESEARCH GRANT	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
DR BARRY GALASSO	PRESIDENT	1	—
TATYANA PODSTRELOVA	TREASURER	1	—
ROSANN KAMIN	SECRETARY	1	—
DR DANIEL TANNER	PRESIDENT EM	1	—
DENNIS BUSS	TRUSTEE	1	—
VERGIL JOHNSON	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Daniel Tanner Foundation Inc?

The Daniel Tanner Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SOMERSET, NJ. It holds $1.9M in total assets as of 2021.

How large is The Daniel Tanner Foundation Inc?

As of 2021, The Daniel Tanner Foundation Inc holds $1.9M in total assets with $1.1M in annual revenue. It awarded 1 grants totaling $25K in 2021.

Where does The Daniel Tanner Foundation Inc operate?

The Daniel Tanner Foundation Inc has awarded grants in Florida, North Carolina.

What size grants does The Daniel Tanner Foundation Inc award?

In 2021, The Daniel Tanner Foundation Inc awarded 1 grants totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is The Daniel Tanner Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, The Daniel Tanner Foundation Inc reported a distributable amount of $80K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Daniel Tanner Foundation Inc's EIN?

The Daniel Tanner Foundation Inc's EIN (Employer Identification Number) is 27-1534132. IRS Form 990 filing data is available on this page for 2020–2021.