The Diken Foundation
The Diken Foundation is a private foundation focused on Education, based in Palm Beach Gardens, FL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $108K in total assets. In 2023, it awarded 7 grants totaling $23K. Net investment income was $7K.
Key facts about The Diken Foundation
- EIN
- 54-1394376
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $23,050
- Grants made (2023)
- 7
- Average grant
- $3,293
- Median grant
- $1,500
- Total assets
- $108,388
- Primary geography
- Florida (51% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Who The Diken Foundation funds
By grant dollars, the top recipient states for The Diken Foundation's 7 itemized 2023 grants were Florida (51%), Maryland (24%) and Virginia (17%). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (5 grants).
How The Diken Foundation gives
- Giving held roughly steady from 2020 to 2023 (−19%). Method
- In 2023 it paid out 152% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Diken Foundation
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Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$108K
-7.8% YoY
Annual Giving
$23K
-12.6% YoY
Grant Count
7
-36.4% YoY
Avg Grant Size
$3K
+37.3% YoY
Under IRS private-foundation payout rules, The Diken Foundation reported a distributable amount of $15K for 2023 — the minimum it must pay out in qualifying distributions.
About The Diken Foundation
Based on IRS filings
The Diken Foundation is a private foundation focused on Education, based in Palm Beach Gardens, FL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $108K in total assets. In 2023, it awarded 7 grants totaling $23K. Net investment income was $7K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2023 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $108,388 | $117,599 | $131,233 |
| Revenue | $6,236 | $6,030 | $6,113 |
| Expenses | $23,980 | $27,240 | $25,055 |
| Qualifying Distributions | $23,050 | $26,373 | $24,250 |
| Net Investment Income | $6,527 | $5,361 | $5,154 |
| Distributable Amount | $15,119 | $15,953 | $19,325 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2023
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest recipients include Bella's Angels ($9,200), Notre Dame of MD University ($5,500), Tragedy Assistance Program ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BELLA'S ANGELS Wellington, FL | CHARITABLE | $9,200 |
| NOTRE DAME OF MD UNIVERSITY Baltimore, MD | EDUCATIONAL | $5,500 |
| TRAGEDY ASSISTANCE PROGRAM Arlington, VA | CHARITABLE | $4,000 |
| ST MARKS EPISCOPAL CHURCH Jacksonville, FL | RELIGOUS | $1,500 |
| ADOPT-A-FAMILY Lake Worth, FL | CHARITABLE | $1,000 |
| JUDICIAL WATCH Washington, DC | CHARITABLE | $1,000 |
| ST JUDE'S HOSPITAL Memphis, TN | CHARITABLE | $850 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2023 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kenneth H Trout | President | 0.15 | — |
| Diana M Trout | Vice-President | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Diken Foundation?
The Diken Foundation is a private foundation focused on Education, based in Palm Beach Gardens, FL. It holds $108K in total assets as of 2023.
How large is The Diken Foundation?
As of 2023, The Diken Foundation holds $108K in total assets with $6K in annual revenue. It awarded 7 grants totaling $23K in 2023.
Where does The Diken Foundation operate?
The Diken Foundation has awarded grants in District of Columbia, Florida, Maryland, Minnesota, North Carolina, Tennessee, Virginia.
What size grants does The Diken Foundation award?
In 2023, The Diken Foundation awarded 7 grants totaling $23K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Diken Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Diken Foundation reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Diken Foundation's EIN?
The Diken Foundation's EIN (Employer Identification Number) is 54-1394376. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.