The Dick & Diane May Foundation Inc

Private foundation · Grantmaker Wilmington, DE EIN: 20-0768118

The Dick & Diane May Foundation Inc is a private foundation based in Wilmington, Delaware. Its 2024 filing reports grants to charitable organizations, including organizations working in public safety, health care, disaster relief, public policy, and education.

The Dick & Diane May Foundation Inc at a glance

In short: The Dick & Diane May Foundation Inc gave $33K across 16 grants in 2024 (avg $2K), mostly in Illinois. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$32,500
-13.9% vs 2023
Grants made (2024)
16
-30.4% vs 2023
Average grant
$2,031
+23.8% vs 2023
Median grant
$1,000
Total assets
$1,190,351
-4.2% vs 2023
New grantees (estimate)
25% first-time grantees (4 of 16, 2024; small sample)
Primary geography
Illinois (51% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Dick & Diane May Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Dick & Diane May Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Chicago Police Memorial Foundation: $6KChicago Police MemorialFoundation$6KRoots & Culture Contemporary Art Center: $5KRoots & Culture ContemporaryArt Center$5KMikeroweworks Foundation: $3KMikeroweworks Foundation$3KRush University Medical Center: $3KRush University Medical Center$3KUnited Way of North Carolina: $3KUnited Way of North Carolina$3KUnited Way Suncoast Inc: $3KUnited Way Suncoast Inc$3KCato Institute: $2KCato Institute$2KCenter for the Study of Carbon Dioxide and Global: $1KCenter for the Study of CarbonDioxide and Global$1KHeartland Institute: $1KHeartland Institute$1KHillsdale College: $1KHillsdale College$1K

The largest 2024 recipient was Chicago Police Memorial Foundation ($6K). Together the top 10 received $27K.

Grant Size Distribution

116 grants across all recorded years

116<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 116 grants of 116 (100%).

Geographic Focus

Where this funder awards grants

The 2024 filing shows that 51% of grant dollars went to recipients in Illinois, 12% to California, 9% to the District of Columbia, and 8% each to North Carolina and Florida. These figures describe the locations of 2024 grant recipients.

Grant Distribution by State

16states

Share of 2024 grant dollars across all 16 itemized grants.

Cities

ChicagoWashingtonArlington HeightsAustinNew YorkSherman OaksLos AngelesMountain ViewSan Tan VlyWilmingtonGaithersburgMilwaukeeSaugatuckCaryCold SpringDekalbGilbertGuntownHillsdaleLittle Rock

Is The Dick & Diane May Foundation Inc open to new grantees?

25%

first-time grantees, 2024

In 2024, 4 of 16 grantees (25%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $2K; repeat grants $2K. How we count

Medians: $2K first-time, $1K repeat.

  • 75% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−12%). Method
  • In 2024 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K28 grants2020 27 grants2021 22 grants2022 23 grants2023 16 grants2024

From 2020 to 2024, annual grant giving ranged from $33K (2024) to $61K (2020). In 2024 it made 16 grants totaling $33K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Chicago Police Memorial Foundation Chicago, ILGeneral & Unrestricted$6,000
Roots & Culture Contemporary Art Center Chicago, ILGeneral & Unrestricted$5,000
Mikeroweworks Foundation Los Angeles, CAGeneral & Unrestricted$3,000
Rush University Medical Center Chicago, ILRoad Home$3,000
United Way of North Carolina Cary, NCHurricane Helene victims$2,500
United Way Suncoast Inc Tampa, FLHurricanes Helene and Milton relief$2,500
Cato Institute Washington, DCGeneral & Unrestricted$2,000
Center for the Study of Carbon Dioxide and Global San Tan VLY, AZGeneral & Unrestricted$1,000
Heartland Institute Arlington Heights, ILGeneral & Unrestricted$1,000
Hillsdale College Hillsdale, MIGeneral & Unrestricted$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,190,351$4,197$56,970$32,50016$41,735—$42,824
2023$1,243,124$-21,710$58,968$37,75023$46,805—$41,597
2022$1,323,802$-358,224$70,603$34,40222$43,256$998$46,591
2021$1,752,629$216,734$52,338$37,05027$47,062$211,458$44,368
2020$1,588,233$-119,646$71,498$60,80028—$4,494$46,445

Under IRS private-foundation payout rules, The Dick & Diane May Foundation Inc reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included support for the Chicago Police Memorial Foundation, which says it assists families of Chicago police officers killed or catastrophically injured in the line of duty, and Rush University Medical Center, whose mission is to improve health through patient care, education, research, and community partnerships.

The foundation also gave to United Way Suncoast and United Way of North Carolina. United Way Suncoast describes its mission as mobilizing communities so all can thrive; United Way of North Carolina says it connects people, local United Ways, and resources to help individuals, families, and communities thrive in the state. Other recipients included the Cato Institute, which describes its mission as advancing liberty-oriented principles and public policy; the Illinois Policy Institute, a free-market-oriented public policy think tank; UATX, which describes itself as a liberal arts university committed to freedom of inquiry, conscience, and civil discourse; and the National Review Institute, which says it works to expand understanding of conservative principles and philosophy.

Grantmaking

In filing year 2024, the foundation reported 16 grants totaling $32,500. Grants ranged from $500 to $6,000, with a median of $1,000. The largest awards included $6,000 to the Chicago Police Memorial Foundation and $5,000 to Roots & Culture Contemporary Art Center, both in Chicago. Other notable grants were $3,000 to MikeroweWorks Foundation and $3,000 to Rush University Medical Center; $2,500 each to United Way of North Carolina and United Way Suncoast; and $2,000 to the Cato Institute.

The filing lists grant purposes including “Road Home” for Rush University Medical Center, hurricane relief for the two United Way recipients, and general and unrestricted support for several organizations.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Diane May as director and vice president, and Richard A May as president, director, and secretary.

The Dick & Diane May Foundation Inc is led by Richard A May, President, Director & Secretary on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Richard A May

    President, Director & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Diane May

    Director & Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Dick & Diane May Foundation Inc

How much does The Dick & Diane May Foundation Inc give each year?

The Dick & Diane May Foundation Inc gave $33K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $38K across 23 grants.

What is The Dick & Diane May Foundation Inc's typical grant size?

The Dick & Diane May Foundation Inc's median grant in 2024 was $1,000, and its average grant was $2,031, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Dick & Diane May Foundation Inc that year got $2K on average.

Where does The Dick & Diane May Foundation Inc give grants?

The Dick & Diane May Foundation Inc gives mostly in Illinois: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were California (12%) and District of Columbia (9%). The most frequent recipient cities were Chicago, IL (5 grants) and Washington, DC (2 grants).

Does The Dick & Diane May Foundation Inc give general operating support?

Yes: 81% of The Dick & Diane May Foundation Inc's 2024 grants with a stated purpose (13 of 16) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Dick & Diane May Foundation Inc's largest grantees?

The Dick & Diane May Foundation Inc's largest 2024 grantees include Chicago Police Memorial Foundation ($6,000), Roots & Culture Contemporary Art Center ($5,000) and Mikeroweworks Foundation ($3,000), according to its 2024 IRS Form 990-PF. Together they received 43% of its itemized 2024 grant dollars.

How large is The Dick & Diane May Foundation Inc?

The Dick & Diane May Foundation Inc reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $42K in qualifying distributions that year, against a required minimum of $43K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does The Dick & Diane May Foundation Inc fund?

No mission statement for the foundation is provided. See mission & focus areas ↑

How do I apply for a grant from The Dick & Diane May Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Dick & Diane May Foundation Inc's EIN?

The Dick & Diane May Foundation Inc's EIN (Employer Identification Number) is 20-0768118. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Dick & Diane May Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Dick & Diane May Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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