EIN 11-2637844

D'addario Foundation

Name: D'addario Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Farmingdale

State

New York

Year formed

1983

Most recent tax filings

2023-12-01

NTEE code, primary

T21: Corporate foundations

Description

The D'Addario Foundation is a corporate foundation based in Farmingdale, NY, that primarily funds initiatives to support the growth and appreciation of music. It encourages participation in music education programs by converting old stock into cash contributions. Last year, the foundation made 165 grants to various organizations, including School Of Rock and Creative Rock Melodies, among others.

Total revenues

$852,124

2023

Total expenses

$913,387

2023

Total assets

$718,735

2023

Num. employees

2023

Program areas at D'addario Foundation

The Foundation has converted old basis stock to generate cash to fund

Contribtuions

Grants made by D'addario Foundation

Grantee	Grant description	Grant year	Amount
Midori and Friends	To Support Growth and Appreciation of Music	2023-12	$10,000
Georgia Music Foundation	To Support Growth and Appreciation of Music	2023-12	$5,000
Whin Music Community Charter School	To Support Growth and Appreciation of Music	2023-12	$4,294
...and 138 more grants made totalling $302,820

Who funds D'addario Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
James Daddario Family Foundation	2024-05	Unrestricted Donation	$25,000
Matricaria Family Foundation	2023-12	Music Education	$5,000
The Treiber Family FoundationInc	2023-12	General Fundgeneral Fund	$5,000
...and 2 more grants received

Personnel at D'addario Foundation

Name	Title	Compensation	Date of data
Karen Shelley	Executive Director		2024-11-08
Josh Lohrius	Officer	$0	2023-12-31
Danielle Hall	Senior Manager	$56,788	2023-12-31

Financials for D'addario Foundation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$839,670	$629,455	33.4%
Investment income and dividends	$12,440	$10,903	14.1%
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$14	$-11,791	100.1%
Gross sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$852,124	$628,567	35.6%

Form 990s for D'addario Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-08	990PF	View PDF
2022-12	2023-11-09	990PF	View PDF
2021-12	2022-11-04	990PF	View PDF
2020-12	2021-11-10	990PF	View PDF
2019-12	2021-06-11	990PF	View PDF
...and 10 more Form 990s

Organizations like D'addario Foundation

Organization	Type	Location	Revenue
The Chang Chavkin Charitable Foundation	501(c)(3)	New York, NY	$1,745,872
Weaver Foundation	501(c)(3)	Greensboro, NC	$1,204,788
The Deluca Foundation	501(c)(3)	Natick, MA	$394,726
Adams Thermal Systems Foundation	501(c)(3)	Canton, SD	$914,787
Chugach Heritage Foundation	501(c)(3)	Anchorage, AK	$2,116,003
Naphcare Charitable Foundation	501(c)(3)	Birmingham, AL	$1,083,781
The Norma Pace Foundation	501(c)(3)	Minneapolis, MN	$579,870
Modern Ancient Brown Foundation	501(c)(3)	Detroit, MI	$540,760
Iris and B Gerald Cantor Foundation	501(c)(3)	New York, NY	$593,915
The Clare Rose Foundation	501(c)(3)	Wilmington, DE	$352,344

Data update history

December 25, 2024

Updated personnel

Identified 1 new personnel

October 23, 2024

Received grants

Identified 4 new grant, including a grant for $25,000 from James Daddario Family Foundation

July 9, 2024

Received grants

Identified 1 new grant, including a grant for $5,000 from The Treiber Family FoundationInc

January 20, 2024

Posted financials

Added Form 990PF for fiscal year 2022

September 27, 2023

Received grants

Identified 1 new grant, including a grant for $25,000 from James Daddario Family Foundation

Nonprofit Types

Grantmaking organizationsPrivate foundationsCorporate foundationsFamily foundationsPrivate non-operating foundationsCharities

Issues

EducationArts, cultural, and humanities

Characteristics

Provides grantsPartially liquidatedNational levelTax deductible donationsAccepts online donations

General information

Address: 595 Smith St; Farmingdale, NY 11735
Metro area: New York-Newark-Jersey City, NY-NJ-PA
County: Suffolk County, NY
Website URL: foundation.daddario.com/contact/
Phone: (631) 439-3300

IRS details

EIN: 11-2637844
Fiscal year end: December
Taxreturn type: Form 990-PF
Year formed: 1983
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: T21: Corporate foundations
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Independent

California AB-488 details

AB 488 status: May Operate or Solicit for Charitable Purposes
Charity Registration status: Current - Awaiting Reporting
FTB status revoked: Not revoked
AG Registration Number: CT0248739
FTB Entity ID: None yet
AB 488 data last updated ("as-of") date: 2024-12-31

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D'addario Foundation

Program areas at D'addario Foundation

Grants made by D'addario Foundation

Who funds D'addario Foundation

Personnel at D'addario Foundation

Financials for D'addario Foundation

Form 990s for D'addario Foundation

Organizations like D'addario Foundation

Nonprofits

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