EIN 11-2637844

D'addario Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
1983
Most recent tax filings
2023-12-01
NTEE code, primary
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
3
2023

Program areas at D'addario Foundation

Immersive music challenge
Long island lesson program
Scholarship program
The Foundation has converted old basis stock to generate cash to fund
Contribtuions

Grants made by D'addario Foundation

GranteeGrant descriptionAmount
Midori and FriendsTo Support Growth and Appreciation of Music$10,000
Midori and FriendsTo Support Growth and Appreciation of Music$10,000
Georgia Music FoundationTo Support Growth and Appreciation of Music$5,000
...and 279 more grants made totalling $605,640

Who funds D'addario Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
ReverbOperational Expenses$45,000
ReverbOperational Expenses$45,000
James Daddario Family FoundationUnrestricted Donation$25,000
...and 4 more grants received

Financials for D'addario Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$839,670
Investment income and dividends$12,440
Net rental income$0
Net gain from sale of non-inventory assets$14
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$852,124

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Data update history
March 22, 2025
Updated personnel
Identified 1 new personnel
January 19, 2025
Received grants
Identified 2 new grant, including a grant for $45,000 from Reverb
January 5, 2025
Posted financials
Added Form 990PF for fiscal year 2023
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
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCorporate 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
FTB status revoked
Not revoked
AG Registration Number
CT0248739
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2025-07-16
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