Robert & Michelle Diener Foundation
- Assets
- $30.2m
- Revenue
- $2.1m
- Investments
- $27.8m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 75-2919060
Organization Overview
Robert & Michelle Diener Foundation is located in Dallas, TX. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Robert & Michelle Diener 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 12/2022, Robert & Michelle Diener Foundation generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Robert & Michelle Diener Foundation has awarded 381 individual grants totaling $14,187,734. 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:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert B Diener Director | 5 | $0 | |
Michelle S Diener Director | 5 | $0 | |
David S Litman Director | 0 | $0 | |
Allison Diener Gilinski Director | 0 | $0 | |
Brianna Diener Skydell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $696,560 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,301,796 |
| Capital Gain Net Income | $1,301,796 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $100,692 |
| Total Revenue | $2,099,048 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $44,644 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,205 |
| Printing and publications | $0 |
| Other expenses | $44,312 |
| Total operating and administrative expenses | $92,161 |
| Contributions, gifts, grants paid | $1,632,247 |
| Total expenses and disbursements | $1,724,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,409,881 |
| Savings and temporary cash investments | $0 |
| 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 | $27,763,777 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,173,658 |
| 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, Robert & Michelle Diener Foundation has awarded $1,632,247 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
ALPHA EPSILON PI FOUNDATION PURPOSE: EDUCATION | $25,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: HEALTH CARE | $20,000 |
AMERICAN FRIENDS OF LEKAT ISRAEL PURPOSE: RELIGIOUS | $10,000 |
AMERICAN ISRAEL EDUCATION FOUNDATION PURPOSE: RELIGIOUS | $75,000 |
AMERICAN PHYSICIANS FOR ISRAEL PURPOSE: HEALTH CARE | $10,000 |
BAPTIST HEALTH S FL FOUNDATION PURPOSE: HEALTH CARE | $20,000 |