The Daum Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 3 grants totaling $220K. Net investment income was $53K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
-8.2% YoY
Annual Giving
$220K
+4.8% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$73K
+4.8% YoY
Under IRS private-foundation payout rules, The Daum Foundation Inc reported a distributable amount of $139K for 2024 — the minimum it must pay out in qualifying distributions.
About The Daum Foundation Inc
Based on IRS filings
The Daum Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 3 grants totaling $220K. Net investment income was $53K.
Focus Areas
Ready to take the next step with The Daum Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,899,155 | $2,068,620 | $2,199,636 |
| Revenue | $89,623 | $85,257 | $118,778 |
| Expenses | $259,088 | $235,818 | $79,881 |
| Qualifying Distributions | $224,431 | $212,752 | $50,000 |
| Net Investment Income | $52,521 | $59,011 | $97,767 |
| Distributable Amount | $138,792 | $127,507 | $132,899 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Loyola Law School La ($100,000), Capital Area Immigrants'rights Coalition ($100,000), Western Justice Center ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LOYOLA LAW SCHOOL LA LOS ANGELES, CA | TO PROVIDE FUNDING FOR THE IMMIGRANT JUSTICE CLINIC. | $100,000 |
| CAPITAL AREA IMMIGRANTS'RIGHTS COALITION WASHINGTON, DC | GENERAL PURPOS - TO PROVIDE LEGAL SERVICES TO IMMIGRANTS AND REFUGEES | $100,000 |
| WESTERN JUSTICE CENTER PASADENA, CA | UNRESTRICTED CHARITABLE GRANT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NICHOLAS F DAUM | PRESIDENT & TRUSTEE | 2 | — |
| MARGARET E DAUM | TREASURER & TRUSTEE | 2 | — |
| NANCY S HEARNE | SECRETARY & TRUSTEE | 2 | — |
| MARY D NICHOLS | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Daum Foundation Inc?
The Daum Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, NJ. It holds $1.9M in total assets as of 2024.
How large is The Daum Foundation Inc?
As of 2024, The Daum Foundation Inc holds $1.9M in total assets with $90K in annual revenue. It awarded 3 grants totaling $220K in 2024.
Where does The Daum Foundation Inc operate?
The Daum Foundation Inc has awarded grants in California, District of Columbia.
What size grants does The Daum Foundation Inc award?
In 2024, The Daum Foundation Inc awarded 3 grants totaling $220K — an average of about $73K per grant, based on its IRS Form 990 filings.
How much is The Daum Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Daum Foundation Inc reported a distributable amount of $139K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Daum Foundation Inc's EIN?
The Daum Foundation Inc's EIN (Employer Identification Number) is 01-0805950. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Daum Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Verizon Foundation
BASKING RIDGE, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
The Robert Wood Johnson Foundation
PRINCETON, NJ
Assets
$13.4B
Grants
3,093
Total Given
$622.6M
The Bessemer Giving Fund
WOODBRIDGE, NJ
Assets
$948.2M
Grants
1,653
Total Given
$138.5M
Community Foundation of New Jersey
MORRISTOWN, NJ
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
Crane Fund for Widows and Children
ENGLEWOOD CLIFFS, NJ
Assets
—
Grants
985
Total Given
$4.5M
Oceanfirst Foundation
TOMS RIVER, NJ
Assets
$8.8M
Grants
662
Total Given
$1.5M
The Hyde and Watson Foundation
WARREN TOWNSHIP, NJ
Assets
$88.2M
Grants
611
Total Given
$6.1M
Princeton Area Community Foundation Inc
PRINCETON, NJ
Assets
$279.6M
Grants
515
Total Given
$31.3M
United Way of Bergen County
PARAMUS, NJ
Assets
$31.5M
Grants
418
Total Given
$8.0M
Columbia Bank Foundation
FAIR LAWN, NJ
Assets
$44.8M
Grants
410
Total Given
$1.9M
American Water Charitable Foundationinc
CAMDEN, NJ
Assets
$72.5M
Grants
407
Total Given
$5.2M
Jewish Community Foundation of Greater
WHIPPANY, NJ
Assets
$470.9M
Grants
375
Total Given
$6.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Daum 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