Joseph & Anna C Dias Jr Family Foundation
- Assets
- $7.9m
- Revenue
- $304.3k
- Investments
- $5.1m
- Employees
- 0
- Location
- Ludlow, MA
- Founding
- 11/1998
- Data as of
- 12/2023
- EIN
- 04-3357087
Organization Overview
Joseph & Anna C Dias Jr Family Foundation is located in Ludlow, MA. The organization was established in 1998. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joseph & Anna C Dias Jr Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Joseph & Anna C Dias Jr Family Foundation generated $304.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $388.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Joseph & Anna C Dias Jr Family Foundation has awarded 174 individual grants totaling $3,111,620. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLD AND MAINTAIN LAND FOR USE BY YOUTH ORGANIZATIONS AND OTHER CHARITABLE PURPOSES
ENCOURAGE YOUTH AND COMMUNITY GROWTH THROUGH EDUCATION AND CULTURAL OPPORTUNITIES.
ASSIST NATIONAL YOUTH AND GENERAL CHARITABLE ORGANIZATIONS BY PROVIDING FINANCIAL ASSISTANCE TO PROMOTE AND ENCOURAGE EACH ORGANIZATIONS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria F Gomes Trustee | 0 | $17,660 | |
Carol Costa Trustee | 0 | $0 | |
Mark Dias Trustee | 0 | $0 | |
Janice Dias Trustee | 0 | $17,660 | |
Charles Ahmes Trustee | 0 | $12,660 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $102,496 |
| Dividends & Interest | $176,173 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $261 |
| Capital Gain Net Income | $27,647 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,386 |
| Total Revenue | $304,316 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $47,980 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,187 |
| Depreciation | $7,499 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,013 |
| Total operating and administrative expenses | $89,801 |
| Contributions, gifts, grants paid | $298,675 |
| Total expenses and disbursements | $388,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,422,479 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $427,972 |
| Other assets | $0 |
| Total assets | $7,906,397 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Joseph & Anna C Dias Jr Family Foundation has awarded $298,675 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
BAIRD MIDDLE SCHOOL ACTIVITIES FUND PURPOSE: EDUCATIONAL | $5,275 |
LUDLOW COMMUNITY CENTER PURPOSE: YOUTH DEVELOPMENT | $10,000 |
DANA FARBER CANCER INSTITUTE PURPOSE: RESEARCH | $10,000 |
FRIENDS OF LUDLOW PUBLIC LIBRARY PURPOSE: EDUCATIONAL | $5,000 |
FRIENDS OF WILBRAHAM PUBLIC LIBRARY PURPOSE: EDUCATIONAL | $3,000 |
FRIENDS OF WILBRAHAM SENIORS INC PURPOSE: COMMUNITY SUPPORT | $5,000 |