The Demain Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $350K in total assets. In 2024, it awarded 2 grants totaling $56K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$350K
+14.5% YoY
Annual Giving
$56K
+456.3% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$28K
+178.2% YoY
Under IRS private-foundation payout rules, The Demain Family Foundation Inc reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About The Demain Family Foundation Inc
Based on IRS filings
The Demain Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $350K in total assets. In 2024, it awarded 2 grants totaling $56K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $349,802 | $305,450 | $262,471 |
| Revenue | $102,501 | $54,000 | $607,782 |
| Expenses | $56,734 | $11,021 | $532,321 |
| Qualifying Distributions | $56,601 | $10,791 | $438,384 |
| Net Investment Income | — | — | — |
| Distributable Amount | $19,464 | $15,600 | $13,866 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include International Baccalaureate Organization ($46,200), INCAE Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| INCAE Foundation Glen Echo, MD | To provide scholarships to students in post secondary school. | $10,000 |
| International Baccalaureate Organization | To fund professional development workshop for teachers. | $46,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN ARONSON | CHAIRMAN OF THE BOARD | 10 | — |
| ANDREA CARTIN | EXECUTIVE DIRECTOR | 1 | $57,536 |
| BENJAMIN ARONSON | DIRECTOR | 1 | — |
| ANDRES GARCIA | DIRECTOR | 1 | — |
| MARGARET ROSE GRIGSBY | DIRECTOR | 1 | — |
| WENDY RODRIGUEZ | DIRECTOR | 1 | — |
| ALVARO SALAS | DIRECTOR | 1 | — |
| DANIEL SAMPER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Demain Family Foundation Inc?
The Demain Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. It holds $350K in total assets as of 2024.
How large is The Demain Family Foundation Inc?
As of 2024, The Demain Family Foundation Inc holds $350K in total assets with $103K in annual revenue. It awarded 2 grants totaling $56K in 2024.
Where does The Demain Family Foundation Inc operate?
The Demain Family Foundation Inc has awarded grants in Maryland, New York, Pennsylvania.
What size grants does The Demain Family Foundation Inc award?
In 2024, The Demain Family Foundation Inc awarded 2 grants totaling $56K — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is The Demain Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Demain Family Foundation Inc reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Demain Family Foundation Inc's EIN?
The Demain Family Foundation Inc's EIN (Employer Identification Number) is 61-1592257. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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