Valerie & Charles Diker Fund Inc
The Valerie & Charles Diker Fund Inc is a private foundation established in 1961, based in Rye, New York. The foundation operates as a family foundation with a focus on philanthropic giving across multiple sectors including education, the arts, Jewish organizations, and human services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
-18.9% YoY
Annual Giving
$1.8M
+12.5% YoY
Grant Count
31
-3.1% YoY
Avg Grant Size
$59K
+16.1% YoY
Under IRS private-foundation payout rules, Valerie & Charles Diker Fund Inc reported a distributable amount of $717K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities include:
- Jewish organizations and temples
- Education
- The arts
- Human services
- Philanthropy and voluntarism
Grantmaking
The foundation makes grants on a discretionary basis without published application procedures in the available sources.
Ready to take the next step with Valerie & Charles Diker Fund Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- New Mexico
- Massachusetts
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (as of most recent filings):
- Total assets: $5,341,030–$6,586,823
- Total giving: $1,822,755
- Investment income and dividends: $323,103
- Net gain from sale of non-inventory assets: $210,996
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,341,030 | $6,586,823 | $7,787,356 |
| Revenue | $690,839 | $534,901 | $1,620,101 |
| Expenses | $1,936,632 | $1,740,434 | $1,157,812 |
| Qualifying Distributions | $1,882,105 | $1,680,954 | $1,139,093 |
| Net Investment Income | $557,121 | $512,259 | $1,595,061 |
| Distributable Amount | $716,690 | $702,398 | $806,805 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
157 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Central Fund of Israel ($470,000), Harvard University ($400,000), Yale University Hq ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACADEMY FOR TEACHERS NEW YORK, NY | GENERAL SUPPORT | $5,000 |
| ALZHEIMER'S DRUG DISCOVERY FOUNDATION NEW YORK, NY | GENERAL SUPPORT | $5,000 |
| CENTRAL FUND OF ISRAEL CEDARHURST, NY | GENERAL SUPPORT | $470,000 |
| HARVARD UNIVERSITY BOSTON, MA | GENERAL SUPPORT | $400,000 |
| INNER-CITY SCHOLARSHIP FUND INC NEW YORK, NY | GENERAL SUPPORT | $5,000 |
| JEWISH CHILDREN'S MUSEUM BROOKLYN, NY | GENERAL SUPPORT | $1,000 |
| METROPOLITAN MUSEUM OF ART NEW YORK, NY | GENERAL SUPPORT | $171,650 |
| NATIONAL DANCE INSTITUTE NM SANTA FE, NM | GENERAL SUPPORT | $65,000 |
| NATIONAL DANCE INSTITUTE NY NEW YORK, NY | GENERAL SUPPORT | $52,950 |
| NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE SANTA FE, NM | GENERAL SUPPORT | $40,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Charles Diker and Valerie Diker are the founders and principals of the foundation. Charles Diker serves as a trustee of The Manursing Way and Island Beautification Association.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES DIKER | DIRECTOR, 5 HRS PER WEEK | — | — |
| VALERIE DIKER | DIRECTOR, 2 HRS PER WEEK | — | — |
Recent News & Activity
Recent developments and announcements
The Dikers have made significant contributions to cultural institutions. They announced a promised gift of 91 masterworks of Native American art to The Metropolitan Museum of Art, selected from a collection assembled over more than four decades. These works range in date from the 2nd to the early 20th century and represent diverse aesthetic forms and media from culturally distinct traditions across the North American continent. An additional 20 works had previously been given to The Met during the prior two decades.
Masterworks of Native American Art to Be Donated to The Met by Charles andThe foundation's Native American art collection is currently on long-term display at The Metropolitan Museum of Art in the American Wing, featuring 116 works representing more than fifty Indigenous groups and organized into seven geographical regions: Woodlands, Plains, Plateau, California and Great Basin, Southwest, Northwest Coast, and the Arctic.
Masterworks of Native American Art to Be Donated to The Met by Charles andFrequently Asked Questions
What does Valerie & Charles Diker Fund Inc fund?
The foundation's giving priorities include: • Jewish organizations and temples • Education • The arts • Human services • Philanthropy and voluntarism
How do I apply for a grant from Valerie & Charles Diker Fund Inc?
**Grant Activity:** • Total giving: $1,822,755 (most recent fiscal year) • Typical award range: $100–$583,000 • Recent notable grants include: • Solomon R. Guggenheim Foundation: $583,000 • Central Fund of Israel: $415,000 • Harvard University: $180,000 The foundation makes grants on a discretionary basis without published application procedures in the available sources.
Where does Valerie & Charles Diker Fund Inc make grants?
The foundation primarily funds organizations in: • New York • New Mexico • Massachusetts
What size grants does Valerie & Charles Diker Fund Inc award?
In 2024, Valerie & Charles Diker Fund Inc awarded 31 grants totaling $1.8M — an average of about $59K per grant, based on its IRS Form 990 filings.
How much is Valerie & Charles Diker Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Valerie & Charles Diker Fund Inc reported a distributable amount of $717K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Valerie & Charles Diker Fund Inc's EIN?
Valerie & Charles Diker Fund Inc's EIN (Employer Identification Number) is 13-6075504. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Valerie & Charles Diker Fund Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Valerie & Charles Diker Fund 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 Valerie & Charles Diker Fund Inc to a real strategy.