The Frank Dimino Foundation Inc

WEST PALM BEACH, FL EIN: 83-1151610

The Frank Dimino Foundation Inc is a private foundation focused on Health, based in WEST PALM BEACH, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $105.2M in total assets. In 2024, it awarded 11 grants totaling $6.9M. Net investment income was $3.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$105.2M

-2.8% YoY

Annual Giving

$6.9M

+14.3% YoY

Grant Count

11

+22.2% YoY

Avg Grant Size

$628K

-6.4% YoY

Under IRS private-foundation payout rules, The Frank Dimino Foundation Inc reported a distributable amount of $5.6M for 2024 — the minimum it must pay out in qualifying distributions.

About The Frank Dimino Foundation Inc

Based on IRS filings

The Frank Dimino Foundation Inc is a private foundation focused on Health, based in WEST PALM BEACH, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $105.2M in total assets. In 2024, it awarded 11 grants totaling $6.9M. Net investment income was $3.1M.

Focus Areas

Ready to take the next step with The Frank Dimino Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BridgepointBridgeportFremontGeneseoHollywoodJupiterLake WorthMiamiNorth Palm BeachRochesterWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M2021202220232024
Metric202420232022
Total Assets$105,225,926$108,265,176$114,558,312
Revenue$4,078,202$997,553$3,559,445
Expenses$7,948,618$7,134,176$5,997,036
Qualifying Distributions$6,978,856$6,142,809$5,237,806
Net Investment Income$3,108,440$2,334,696$2,800,215
Distributable Amount$5,635,672$5,270,970$5,440,466

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$7M4 grants20219 grants20229 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE KING'S ACADEMY$2.1MJOE DIMAGGIO CHILDREN'S …$1.5MPALM BEACH STATE COLLEGE…$1.4MITALIAN AMERICAN COMMUNI…$580KNICKLAUS CHILDREN'S HEAL…$326KALUMNI ASSOCIATION OF NA…$300KMY CLINIC$275KOHLONE COLLEGE FOUNDATION$200KOLIVER PATCH PROJECT$100KNEIGHBORHOOD STUDIOS OF …$80K

Grant Size Distribution

33 grants across all recorded years

3<$50K4$50–100K8$100–250K4$250–500K1$500K–1M13$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The King's Academy ($2,100,000), Joe Dimaggio Children's Hospital Foundation ($1,500,000), Palm Beach State College Foundation ($1,400,000).

RecipientPurposeAmount
ALUMNI ASSOCIATION OF NAZARETH COLLEGE OF ROCHESTER ROCHESTER, NYGENERAL CHARITABLE PURPOSES$300,000
JOE DIMAGGIO CHILDREN'S HOSPITAL FOUNDATION HOLLYWOOD, FLGENERAL CHARITABLE PURPOSES$1,500,000
NICKLAUS CHILDREN'S HEALTH CARE FOUNDATION NORTH PALM BEACH, FLGENERAL CHARITABLE PURPOSES$326,000
OLIVER PATCH PROJECT MIAMI, FLGENERAL CHARITABLE PURPOSES$100,000
PALM BEACH STATE COLLEGE FOUNDATION LAKE WORTH, FLGENERAL CHARITABLE PURPOSES$1,400,000
THE KING'S ACADEMY WEST PALM BEACH, FLGENERAL CHARITABLE PURPOSES$2,100,000
MY CLINIC JUPITER, FLGENERAL CHARITABLE PURPOSES$275,000
NEIGHBORHOOD STUDIOS OF FAIRFIELD COUNTY INC BRIDGEPORT, CTGENERAL CHARITABLE PURPOSES$80,000
OHLONE COLLEGE FOUNDATION FREMONT, CAGENERAL CHARITABLE PURPOSES$200,000
ITALIAN AMERICAN COMMUNITY CENTER INC ROCHESTER, NYGENERAL CHARITABLE PURPOSES$580,282

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DARREN BARDELLEXECUTIVE DIRECTOR$204KWENDY BALCHTREASURER, SECRETARY$102K

From 2024 filing

NameTitleHoursCompensation
FRANK DIMINOPRESIDENT1
DARREN BARDELLEXECUTIVE DIRECTOR30$204,000
WENDY BALCHTREASURER, SECRETARY30$102,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Frank Dimino Foundation Inc?

The Frank Dimino Foundation Inc is a private foundation focused on Health, based in WEST PALM BEACH, FL. It holds $105.2M in total assets as of 2024.

How large is The Frank Dimino Foundation Inc?

As of 2024, The Frank Dimino Foundation Inc holds $105.2M in total assets with $4.1M in annual revenue. It awarded 11 grants totaling $6.9M in 2024.

Where does The Frank Dimino Foundation Inc operate?

The Frank Dimino Foundation Inc has awarded grants in California, Connecticut, Florida, New York.

What size grants does The Frank Dimino Foundation Inc award?

In 2024, The Frank Dimino Foundation Inc awarded 11 grants totaling $6.9M — an average of about $628K per grant, based on its IRS Form 990 filings.

How much is The Frank Dimino Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Frank Dimino Foundation Inc reported a distributable amount of $5.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Frank Dimino Foundation Inc's EIN?

The Frank Dimino Foundation Inc's EIN (Employer Identification Number) is 83-1151610. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

Browse active grant opportunities in The Frank Dimino Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with The Frank Dimino 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

Go from researching The Frank Dimino Foundation Inc to a real strategy.

Plan your approach