Dalio Foundation Inc
- Assets
- $1.5b
- Revenue
- $131.3m
- Investments
- $1.4b
- Employees
- 0
- Location
- Westport, CT
- Founding
- 09/2003
- Data as of
- 12/2022
- EIN
- 43-1965846
Organization Overview
Dalio Foundation Inc is located in Westport, CT. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dalio Foundation Inc 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 12/2022, Dalio Foundation Inc generated $131.3m in total revenue. All expenses for the organization totaled $19.1m during the year ending 12/2022.
Since 2020, Dalio Foundation Inc has awarded 208 individual grants totaling $51,751,618. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
PROGRAMMATIC AND BACK-OFFICE SUPPORT TO ENABLE PROGRAMS FOCUSED ON UNDER-REPRESENTED YOUTH AND THEIR NEEDS. THIS SUPPORT INCLUDES BUT IS NOT LIMITED TO SUPPORTING PUBLIC SCHOOL TEACHERS AND THEIR EDUCATIONAL NEEDS IN CONNECTICUT (PROVIDING SUPPLIES, TEACHER TRAINING AND EDUCATIONAL OPPORTUNITIES AND OTHER SUPPORT), PROVIDING DEDICATED CAPACITY BUILDING SUPPORT FOR WRAP AROUND SOCIAL SERVICE ORGANIZATIONS, AND PROVIDING SUPPORT TO MEET THE DIRECT NEEDS OF DISADVANTAGED YOUTH (COAT DRIVES AND OTHER NEEDS).
HELPING OTHER ORGANIZATIONS WITH THEIR CHARITABLE ACTIVITIES
COMMUNITY SUPPORT CHARITABLE INITIATIVE - PARK PRESERVATION, BEAUTIFICATION, AND MAINTENANCE FOR BRUCE PARK GARDEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Dalio Director | 1 | $0 | |
Janine Racanelli Exec. Director, Treasurer & Secretary | 1.5 | $0 | |
Lisa Safian Assistant Treasurer | 1 | $0 | |
Mark Dalio Director | 1 | $0 | |
Matthew A Dalio Director | 1 | $0 | |
Raymond T Dalio President & Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marino Management | 12/30/22 | $10,176,977 |
Accion Quona Inclusion Fund Gp Llc | 12/30/22 | $262,500 |
Hunter Consulting Llc | 12/30/22 | $226,250 |
Tucker Green Consulting Inc | 12/30/22 | $141,299 |
Roca Inc | 12/30/22 | $131,704 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,037,743 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,689,127 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $77,575,842 |
| Capital Gain Net Income | $170,238,345 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,203 |
| Total Revenue | $131,303,915 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,488,848 |
| Depreciation | $74,019 |
| Occupancy | $254,341 |
| Travel, conferences, and meetings | $10,493 |
| Printing and publications | $1,594 |
| Other expenses | $1,678,846 |
| Total operating and administrative expenses | $13,863,908 |
| Contributions, gifts, grants paid | $5,285,872 |
| Total expenses and disbursements | $19,149,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $134,664,269 |
| 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 | $167,666 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,289,144,800 |
| Net Land, buildings, and equipment | $724,085 |
| Other assets | $1,251,049 |
| Total assets | $1,512,314,519 |
| Accounts payable and accrued expenses | $13,887 |
| 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 | $13,887 |
Grants Awarded
Over the last fiscal year, Dalio Foundation Inc has awarded $5,285,872 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
A FAVOR DEL NINO IAP PURPOSE: TO SUPPORT GENERAL OPERATIONS | $200,000 |
AFRICAN WILDLIFE FOUNDATION PURPOSE: STATE RESTRICTED TO SUPPORT CONSERVATION EDUCATION | $100,000 |
ALPHA USA PURPOSE: TO SUPPORT GENERAL OPERATIONS | $20,000 |
AMAZON WATCH PURPOSE: TO SUPPORT GENERAL OPERATIONS | $5,000 |
AMERICAN FOUNDATION FOR BULGARIA INC PURPOSE: TO SUPPORT GENERAL OPERATIONS | $20,000 |
AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS PURPOSE: TO SUPPORT GENERAL OPERATIONS | $25,000 |