Diamond Rose Ann Foundation Inc
- Assets
- $5.0m
- Revenue
- $175.0k
- Investments
- $4.4m
- Employees
- 0
- Location
- Wurtsboro, NY
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 47-5179675
Organization Overview
Diamond Rose Ann Foundation Inc is located in Wurtsboro, NY. The organization was established in 2016. 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. Diamond Rose Ann 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 12/2023, Diamond Rose Ann Foundation Inc generated $175.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $261.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Diamond Rose Ann Foundation Inc has awarded 89 individual grants totaling $1,453,758. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold Diamond President/tr | 1 | $0 | |
Laurence Diamond Director | 1 | $0 | |
Sanford Diamond Vp/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $107,676 |
| Dividends & Interest | $72,992 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,626 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $175,042 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,317 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,529 |
| Contributions, gifts, grants paid | $240,558 |
| Total expenses and disbursements | $261,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $598,313 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $5,037,183 |
| Accounts payable and accrued expenses | $94,081 |
| 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 | $94,081 |
Grants Awarded
Over the last fiscal year, Diamond Rose Ann Foundation Inc has awarded $240,558 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ANDRADE-FAXON CHARITIES PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
CAROL DIAMOND SCHOLARSHIP FUND PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
AMERICAN LEGION POST 1266 PURPOSE: SUPPORT FOR PROGRAM | $10,000 |
FIRST TEE - METROPOLITAN NY PURPOSE: SUPPORT FOR COMMUNITY | $15,000 |
GARNET HEALTH FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
GRACE PLACE FOR CHILDREN & FAMILIES PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |