Dalio Family Fund Inc
88% goes to programs $0 to raise $100 Strong reserves Growing revenue
Dalio Family Fund Inc is a 501(c)(4) organization based in Westport, Connecticut, registered in 2019, with $806,892,040 in FY2024 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
Co Dfo One Glendinning Place 100, Westport, CT, 06880 EIN 83-1575536 Since 2019
Revenue (FY2024)
$806.9M
▲ 1060.2% vs prior year
Human Services median: $293K
Expenses (FY2024)
$96.9M
Net assets
$4.0B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating88% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Dalio Family Fund Inc: 88% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating500 mo reserves · +88% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Dalio Family Fund Inc: 500 mo reserves · +88% margin earns a B+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Dalio Family Fund Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Dalio Family Fund Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To foster, support, promote and conduct programs, projects and activities (see schedule o)
What they do
Health & wellness: support access to quality healthcare and wellness through research, education, improved access to quality healthcare, mental health services, and other supporting services for traditionally under-resourced communities.
Education: provide grants and programming to improve access to educational opportunities for all through direct engagement with public school communities and technology driven access to learning. by championing underserved youth in connecticut and beyond, we strive to unlock students' potential and reengage youth who are severely off-track or disconnected from school and employment. through programs that increase access to the internet, devices and gaming, we seek to bridge the digital divide in learning.
Arts & community: support local organizations aimed at deepening community around the arts, music and culture. assist other community organizations such as food pantries and shelters to ensure the basic needs of the community are met.
Contact & location
- Address
- Co Dfo One Glendinning Place 100, Westport, CT, 06880
- City
- Westport
- State
- Connecticut
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $3.1B (FY2019) to $806.9M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $12KNet assets $4.0B
Operating margin
88.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0B
Total liabilities
$12K
Net assets
$4.0B
Salaries & benefits
$0
0% of expenses
Board members
4
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $806,892,040▲1060% | $96,903,990▼50.4% | $4,039,482,581▲24.7% | $4,039,494,510▲24.7% | 990 |
| 2023 | $69,545,101▼15.5% | $195,331,019▲68.0% | $3,239,835,520▼2.2% | $3,239,856,131▼2.2% | 990 |
| 2022 | $82,333,236▼38.9% | $116,269,603▼2.1% | $3,312,827,043▼4.6% | $3,312,837,043▼4.6% | 990 |
| 2021 | $134,784,215▼73.3% | $118,768,846 | $3,471,099,019▼0.9% | $3,471,122,443▼0.9% | 990 |
| 2020 | $504,110,253▼83.5% | $118,738,174▲217% | $3,501,922,477▲14.5% | $3,501,956,477▲14.5% | 990 |
| 2019 | $3,054,970,595 | $37,498,403 | $3,059,401,261 | $3,059,403,198 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Barbara Dalio | Director | 1 | — |
| Gretchen Wagner | Secretary | 1 | — |
| Janine Racanelli | President & Director | 1 | — |
| Lisa Safian | Treasurer | 1 | — |
| Mark Dalio | Director | 1 | — |
| Matthew Dalio | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Marino Management LLC | Prgm Mgmt, Inv, Grant Svcs & Inv Advisor | $16,217,402 |
| Bridgewater Pure Alpha Fund II Ltd | Investment Mgmt. Fees | $3,956,042 |
| The Boston Consulting Group | Strategic Management Consulting | $1,298,500 |
| Alvarez & Marsal | Investment Consulting | $1,042,542 |
| Mmca Inc | Program Management | $675,000 |
Grants made · $40.2M in FY2024
105 grants totaling $40.2M in FY2024 — showing the 15 largest. All grants made by Dalio Family Fund Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| The New York and Presbyterian Hospital | Restricted to support the dalio center for health justice | $10,000,000 |
| Endless Os Foundation LLC | To support general operations | $4,180,850 |
| Mayo Clinic | Restricted to support ai innovation in the clinical practice | $2,500,000 |
| Connecticut Rise Network Inc | Restricted to provide general operating and programming support to achieve rise mission | $2,000,000 |
| Harlem Childrens Zone Inc | Restricted to strengthening infrastructure and scaling capacity across the country | $2,000,000 |
| Tisbest Philanthropy | To support a program to encourage giving | $1,569,000 |
| Roca Inc | Restricted to support the hartford young mothers program | $1,500,000 |
| Avatar Alliance Foundation | Restricted to support collaborative efforts that raise awareness and facilitate educational outreach related to oceans and ocean exploration | $1,200,000 |
| National Committee On United States China Relations Inc | To support general operations | $1,000,000 |
| The Richard and Barbara Whitcomb Foundation | To support general operations | $1,000,000 |
| Monterey Bay Aquarium Research Institute | Restricted to support ocean vision ai project | $1,000,000 |
| Games For Change Inc | Restricted to support scaling the games for change student challenge | $950,000 |
| Forge City Works | To support general operations | $760,000 |
| Catalyst Ct Inc | To support general operations | $750,000 |
| Marty Hennessy Inspiring Children Foundation | To support general operations | $750,000 |
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Frequently asked questions
- Is Dalio Family Fund Inc a legitimate nonprofit?
- Yes. Dalio Family Fund Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 83-1575536, based in Westport, Connecticut.
- What is Dalio Family Fund Inc's EIN?
- Dalio Family Fund Inc's Employer Identification Number (EIN) is 83-1575536.
- How much revenue does Dalio Family Fund Inc report?
- Dalio Family Fund Inc reported $806,892,040 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Dalio Family Fund Inc's spending goes to programs?
- Dalio Family Fund Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Dalio Family Fund Inc have?
- CharityIndex grades Dalio Family Fund Inc A, based on program efficiency and fundraising cost.
- How much does Dalio Family Fund Inc's highest-paid employee make?
- The highest reported compensation on Dalio Family Fund Inc's latest Form 990 is $0, paid to Barbara Dalio (Director).
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Data for Dalio Family Fund Inc (EIN 83-1575536) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.