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The Damial Foundation, Inc.

Profile

Last Updated: 2016-07-28

At A Glance

The Damial Foundation, Inc.

655 Madison Ave., 11th Fl.

New York City, NY United States 10065-8043

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $35,268,467

Total giving: $6,862,500

EIN

133693581

BRIDGE Number

6266690762

Background

Established in 1992 in NY and DE - Founded by the late Laurence A. Tisch, and Daniel R., and Wilma S. Tisch. Laurence A. Tisch was co-owner of Loews Corporation and proceeded to diversify the business to include a hotel chain, a tobacco company, an insurance firm, and an offshore drilling company. He was also the C.E.O. of CBS television network from 1986 to 1995. His son, James S. Tisch, is currently President and C.E.O. of Loews Corporation

Fields of Interest

Subjects
  • Diseases and conditions
  • Education
  • Graduate and professional education
  • Higher education
  • Hospital care
  • Human services
  • Judaism
  • Multiple sclerosis
  • Nonprofits
  • Religion
  • Theology
  • University education
Population Groups
  • Academics
  • Adolescents
  • Children and youth
  • Jewish people
  • Students
Organizations
  • Associations
  • Judaic institutions
  • Public charities

Financial Data

Year ended 2014-12-31

Assets: $35,268,467 (market value)

Gifts received: $9,654,089

Expenditures: $6,888,698

Total giving: $6,862,500

Qualifying distributions: $6,867,500

Giving activities include:

$6,862,500 for 24 grants (high: $2,000,000; low: $1,000)