Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 10-01-2021 , and ending 09-30-2022
Name of foundation
DIACO FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)10-12 NO 7TH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELLEVILLE, NJ07109
A Employer identification number

22-3763549
B Telephone number (see instructions)

(973) 484-7300
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$9,124,327J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 45,779 45,779  
4 Dividends and interest from securities... 183,717 183,717  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -28,383
b Gross sales price for all assets on line 6a 3,457,778
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 3,750 0  
12 Total. Add lines 1 through 11........ 204,863 229,496  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 70,000 35,000   35,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 75,636 0   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,236 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 157,872 35,000   35,000
25 Contributions, gifts, grants paid....... 328,000 328,000
26 Total expenses and disbursements. Add lines 24 and 25 485,872 35,000   363,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -281,009
b Net investment income (if negative, enter -0-) 194,496
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 473,817 67,331 67,331
2 Savings and temporary cash investments......... 210,768 141,527 141,527
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,347,815 Click to see attachment1,297,146 1,196,895
b Investments—corporate stock (attach schedule)....... 3,597,048 Click to see attachment4,166,338 5,831,417
c Investments—corporate bonds (attach schedule)....... 877,968 Click to see attachment711,649 610,545
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans............. 517,118 365,503 309,024
13 Investments—other (attach schedule).......... 1,107,170 Click to see attachment1,101,201 967,588
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,131,704 7,850,695 9,124,327
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 8,131,704 7,850,695
29 Total net assets or fund balances (see instructions)..... 8,131,704 7,850,695
30 Total liabilities and net assets/fund balances (see instructions). 8,131,704 7,850,695
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
8,131,704
2
Enter amount from Part I, line 27a .....................
2
-281,009
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,850,695
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,850,695
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES MS P    
b PUBLICLY TRADED SECURITIES MS P    
c PUBLICLY TRADED SECURITIES MS P    
d PUBLICLY TRADED SECURITIES MS P    
e Capital Gains Dividends P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 953,541   962,887 -9,346
b 238,381   243,554 -5,173
c 1,704,738   1,843,040 -138,302
d 560,410   436,680 123,730
e 708     708
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -9,346
b       -5,173
c       -138,302
d       123,730
e       708
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -28,383
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,703
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,703
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 10,320
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,320
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,617
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet7,617 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMATTHEW DIACO Telephone no.bullet (973) 484-7300

    Located atbullet10-12 NO 7TH STREETBELLEVILLENJ ZIP+4bullet07109
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    THEODORE F DIACO PRESIDENT
    0.00     		0 0 0
    1025 MAXWELL LANE APT 802
    HOBOKEN,NJ07030
    VALERIE SILVESTRI SECRETARY
    10.00     		35,000 0 0
    1 SUNNY KNOLL COURT
    WAYNE,NJ07470
    STEPHANIE EMPERIO VICE PRESIDENT
    10.00     		35,000 0 0
    209 FOREST RIDGE COURT
    FRANKLIN LAKES,NJ07417
    MATTHEW DIACO TREASURER
    0.00     		0 0 0
    22 GATES AVE
    WEST CALDWELL,NJ07006
    JOSEPH MANASIA VICE PRESIDENT
    0.00     		0 0 0
    1139 MAURICE AVE
    CLARK,NJ07066
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    9,943,039
    b
    Average of monthly cash balances.......................
    1b
    241,214
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,184,253
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    10,184,253
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    152,764
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    10,031,489
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    501,574
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    501,574
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    2,703
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,703
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    498,871
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    498,871
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    498,871
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 498,871
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 15,917
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020...... 363,080
    f Total of lines 3a through e ........ 378,997
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 363,000
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 363,000
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 135,871 135,871
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 243,126
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		243,126
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020.... 243,126
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALZHEIMER'S ASSOCIATION
    400 MORRIS AVE
    DENVILLE,NJ07834     		N/A PUBLIC CHARITY CHARITABLE 10,000
    AMERICAN RED CROSS
    209 FAIRFIELD RD
    FAIRFIELD,NJ07004     		N/A PUBLIC CHARITY CHARITABLE 10,000
    ARCHDIOCESE OF NEWARK
    171 CLIFTON AVE
    NEWARK,NJ07104     		N/A PUBLIC CHARITY CHARITABLE 20,000
    CENTER FOR FOOD ACTION
    192A WEST DEMAREST AVE
    ENGLEWOOD,NJ07631     		N/A PUBLIC CHARITY CHARITABLE 10,000
    CHILDRENS HOSPITAL OF PHILADELPHIA
    PO BOX 781352
    PHILADELPHIA,PA19178     		N/A PUBLIC CHARITY CHARITABLE 5,000
    CLARA MASS HOSPITAL FOUNDATION
    1 CLARA MASS DRIVE
    BELLEVILLE,NJ07109     		N/A PUBLIC CHARITY CHARITABLE 10,000
    DOCTORS WITHOUT BORDERS
    PO BOX 5023
    HAGERSTOWN,MD21741     		N/A PUBLIC CHARITY CHARITABLE 5,000
    EL SALVADOR EDUCATION FUND co MOST BLESSED SACRAMENT CHURCH
    787 FRANKLIN LAKES RD
    FRANKLIN LAKES,NJ07417     		N/A PUBLIC CHARITY CHARITABLE 5,000
    EVA'S KITCHEN
    393 MAIN ST
    PATERSON,NJ07501     		N/A PUBLIC CHARITY CHARITABLE 10,000
    FIDELIAN'S FOUNDATION
    4013 GROUSEWOOD DR
    MYRTLE BEACH,SC29588     		N/A PUBLIC CHARITY CHARITABLE 3,000
    FILLIPINI SISTERS RETIREMENT FUND
    455 WESTERN AVENUE
    MORRISTOWN,NJ07960     		N/A PUBLIC CHARITY CHARITABLE 10,000
    FREEDOM ALLIANCE
    22570 MARKEY CT
    DULLES,VA20166     		N/A PUBLIC CHARITY CHARITABLE 10,000
    HACKENSACK UNIVERSITY MEDICAL FOUNDATION
    360 ESSEX ST
    HACKENSACK,NJ07601     		N/A PUBLIC CHARITY CHARITABLE 10,000
    IMMACULATE CONCEPTION HIGH SCHOOL
    33 COTTAGE PLACE
    MONTCLAIR,NJ07042     		N/A PUBLIC CHARITY CHARITABLE 5,000
    LITTLE SISTERS OF THE POOR
    140 SHEPHERD LANE
    TOTOWA,NJ07512     		N/A PUBLIC CHARITY CHARITABLE 10,000
    MARKET STREET MISSION
    9 MARKET ST
    MORRISTOWN,NJ07960     		N/A PUBLIC CHARITY CHATITABLECHARITABLE 10,000
    MT SAINT DOMINICK ACADEMY
    3 RYERSON AVE
    CALDWELL,NJ07006     		N/A PUBLIC CHARITY CHARITABLE 10,000
    NATIONAL MULTIPLE SCLEROSIS NATIONAL SOCIETY
    1 KALISA WAY
    PARAMUS,NJ07652     		N/A PUBLIC CHARITY CHARITABLE 10,000
    OASIS
    59 MILL STREET
    PATERSON,NJ07501     		N/A PUBLIC CHARITY CHARITABLE 10,000
    RUTGERS UNIVERSITY FOUNDATION
    335 GEORGE ST LIBERTY PLZ
    NEW BRUNSWICK,NJ08901     		N/A PUBLIC CHARITY CHARITABLE 10,000
    SALESIAN SISTERS OF ST JOHN BOSCO
    659 BELMONT AVE
    NORTH HALEDON,NJ07508     		N/A PUBLIC CHARITY CHARITABLE 10,000
    SALVATION ARMY
    4 GARY ROAD
    UNION,NJ07083     		N/A PUBLIC CHARITY CHARITABLE 10,000
    SETON HALL SEMINARY
    400 SOUTH AVENUE
    SOUTH ORANGE,NJ07079     		N/A PUBLIC CHARITY CHARITABLE 10,000
    SEVERAL SOURCES SHELTERS
    PO BOX 157
    RAMSEY,NJ07446     		N/A PUBLIC CHARITY CHARITABLE 10,000
    SISTERS OF SAINT JOSEPH
    9701 GERMANTOWN AVE
    PHILADELPHIA,PA19118     		N/A PUBLIC CHARITY CHARITABLE 10,000
    SOUND START BABIES FOUNDATION
    10 LAKE DRIVE
    MOUNTAIN LAKES,NJ07046     		N/A PUBLIC CHARITY CHARITABLE 5,000
    ST BARNABAS BURN FOUNDATION
    94 OLD SHORT HILLS RD
    LIVINGSTON,NJ07039     		N/A PUBLIC CHARITY CHARITABLE 10,000
    ST BENEDICTS PREP SCHOOL
    520 DR MARTIN LUTHER KING JR BLVD
    NEWARK,NJ07102     		N/A PUBLIC CHARITY CHARITABLE 10,000
    ST JOSEPH REGIONAL HS SCHOLARSHIP FUND
    40 CHESTNUT RIDGE RD
    MONTVILLE,NJ07645     		N/A PUBLIC CHARITY CHARITABLE 10,000
    ST JUDES CHILDREN'S RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		N/A PUBLIC CHARITY CHARITABLE 10,000
    ST PETERS SCHOOL
    152 WILLIAM ST
    BELLEVILLE,NJ07109     		N/A PUBLIC CHARITY CHARITABLE 10,000
    ST VINCENT ACADEMY
    228 WEST MARKET ST
    NEWARK,NJ07103     		N/A PUBLIC CHARITY CHARITABLE 10,000
    SUSAN SATRIANO MEMORIAL SCHOLARSHIP FUND
    3012 WAVERLY AVE
    OCEANSIDE,NY11572     		N/A PUBLIC CHARITY CHARITABLE 5,000
    THE VALERIE FOUNDATION
    2101 Millburn Avenue
    Maplewood,NJ07040     		N/A PUBLIC CHARITY CHARITABLE 5,000
    VALLEY HOSPITAL FOUNDATION
    223 NORTH VAN DIEN AVE
    RIDGEWOOD,NJ07450     		N/A PUBLIC CHARITY CHARITABLE 10,000
    WOUNDED WARRIORS PROJECT
    4899 BELFORT ROAD
    JACKSONVILLE,FL32256     		N/A PUBLIC CHARITY CHARITABLE 10,000
    Total .................................bullet 3a 328,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 45,779  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 -28,383  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    a       		        3,750
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 201,113 3,750
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    204,863
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11a PRIOR YEAR CHARITIES VOIDED CHECKS
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Name of Bond End of Year Book Value End of Year Fair Market Value
    APPLE,INC 1.65 5/11/2030 (037833DU1) 31,555 24,980
    BANK OF AMERICA 3.974%(06051GHQ5) 52,336 44,593
    BP CAPITAL MARKETS AMERICA INC (10373QBE9) 28,187 26,682
    FISERV INC (337738AU2) 31,141 27,083
    MARSH & MCLENNAN COS INC (571748BG6) 26,458 24,776
    ABBVIE INC 3.6% 5/14/2025 32,997 29,838
    ABBVIE INC 2.95% 11/21/2026 47,211 40,326
    BANK OF AMERICA 3.248% 10/21/27 (06051GGA1) 22,184 20,647
    BANK OF AMERICA 2.687% 4/22/2032 33,225 25,770
    CAPITAL ONE 3.8% 1/28 (1404048W4) 20,434 19,014
    CIGNA CORP 2.4% 3/15/2030 34,056 26,962
    COMCAST CORP 1.5% 2/15/2031 NDN8 29,881 22,516
    CVS HEALTH CORP 1.3% 8/21/2027 32,768 27,568
    ENTERPRISE PRODUCTS OPER 3.75% 2/15/2025(DTV31) 28,398 27,163
    GOLDMAN SACHS GROUP INC .673% 03/08/2024 49,005 47,903
    JP MORGAN CHASE & CO. 3.54% 5/1/28 23,128 20,858
    JP MORGAN CHASE & CO 2.739% 10/15/2030 43,600 33,452
    NEXTERA ENERGY CAPITAL HLDG 2.25% 6/1/2030 31,671 24,723
    ORACLE CORP Coupon 2.95% 04/01/2030 42,705 31,470
    VERIZON COMM 4.329% 9/21/2028 29,630 24,560
    WELLS FARGO & COMPANY 3.3% 09/09/2024 41,079 39,661

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS 47,782 72,042
    AMERISOURCEBERGEN CORP 37,591 54,944
    AMGEN INC 31,918 32,458
    CHARLES SCHWAB NEW 34,529 60,371
    EATON CORP PLC SHS 42,217 68,947
    INTL BUSINESS MACHINES CORP 55,710 53,227
    MORGAN STANLEY 58,266 102,476
    NORTHROP GRUMMAN CP 42,857 66,785
    PROLOGIS INC COM 48,512 44,704
    SYSCO CORP 87,539 94,964
    TJX COS INC NEW 78,609 88,210
    ABBOTT LABORATORIES 25,695 29,125
    ABBVIE INC COM 93,436 102,268
    ACCENTURE PLC IRELAND CL A 12,424 28,046
    ADVANCE AUTO PARTS 24,900 18,604
    AIR PROD & Chem Inc. (APD) 89,386 110,779
    ALEXANDRIA REAL ESTATE EQ INC 17,326 21,870
    ANALOG DEVICES INC 57,129 109,103
    APPLE INC 3,880 20,315
    ARTHUR J GALLAGHER 14,119 53,763
    AVALONBAY COMM INC 30,543 31,312
    BANK OF AMERICA CORP 64,714 113,884
    BECTON DICKINSON & CO 39,131 53,702
    BEST BUY 18,775 16,215
    BLACKROCK INC 65,049 92,997
    BOSTON PROPERTIES INC 25,021 21,217
    BRISTOL MYERS SQUIBB CO 115,907 169,976
    CAPITAL ONE FINANCIAL CORP 32,214 32,628
    CHEVRON CORP 43,415 66,950
    CHUBB LTD 53,289 74,025
    CIGNA CORP 59,254 75,194
    CITIGROUP INC NEW 64,161 54,504
    CME GROUP INC 39,602 88,742
    CMS ENERGY CP 29,839 46,825
    COCA COLA CO 59,077 68,176
    COMCAST CORP CL A SPECIAL NEW 70,265 70,480
    CONOCOPHILLIPS 83,471 192,092
    CORNING INC 10,041 8,590
    CVS HEALTH CORP COM 95,592 115,398
    DEERE & CO. (DE) 35,990 65,776
    DOMINION ENERGY INC 33,040 28,266
    DOVER CORP 42,693 78,692
    ELI LILLY & CO 16,075 67,580
    EOG RESOURCES INC 61,651 118,434
    EXXON MOBIL CORP 142,825 165,278
    FIDELITY NATL INFORMATION SE 13,585 15,341
    GENL DYNAMICS CORP 90,981 119,027
    HARTFORD FIN SERS GRP INC 44,472 54,817
    HOME DEPOT INC 33,673 80,850
    JOHNSON & JOHNSON 75,672 127,257
    MARSH & MCLENNA COS INC (MMC) 16,312 25,678
    MC DONALDS CORP (MCD) 61,398 86,297
    MEDTRONIC PLC HS 101,306 90,602
    MERCK & CO INC NEW COM 13,801 28,764
    METLIFE INCORPORATED 44,306 57,498
    MICROSOFT CORP 15,908 74,994
    MONDELEZ INTL INC COM 57,626 77,968
    NEXTERA ENERGY INC COM 38,820 110,401
    NORFOLK SOUTHERN CORP 40,066 74,845
    NORTHERN TRUST CORP 14,830 17,540
    NXP SEMICONDUCTORS NV 51,186 44,843
    PARKER HANNIFIN CORP (PH) 36,035 57,427
    PEPSICO INC NC 44,560 65,467
    PFIZER INC 35,188 48,224
    PHILIP MORRIS INTL INC 105,882 111,814
    PNC FINL SVCS GP 60,418 100,261
    PPG INDUSTRIES INC 92,008 90,544
    PROCTOR & GAMBLE (PG) 57,379 73,730
    PROGRESSIVE CORP OHIO 20,206 54,619
    PUBLIC SERVICE ENTERPRISE 28,697 31,039
    REPUBLIC SERVICES INC 15,595 44,485
    SEAGATE TECHNOLOGIES HLDNGS PLC 3,579 2,023
    STARBUCKS CORP WASHINGTON 42,042 49,208
    T ROWE PRICE GROUP INC 27,384 36,228
    TEXAS INSTRUMENTS 28,292 74,914
    TRUIST FINL CORP 43,380 48,852
    U S BANCORP COM NEW 36,657 42,376
    UNITED PARCEL SERVICE INC CL-B 105,811 92,724
    UNITED HEALTH GP INC (UNH) 99,185 188,885
    RAYTHEON TECHNOLOGIES CORP (RTX) 118,645 136,706
    VENTAS INC (VTR) 53 40
    VERIZON COMMUNICATIONS 42,850 40,666
    WALMART INC (WMT) 62,581 77,431
    WELLS FARGO & COMPANY NEW 63,759 60,410
    XCEL ENERGY INC 46,751 66,688

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    US Government Securities - End of Year Book Value:

    1,297,146
    US Government Securities - End of Year Fair Market Value:

    1,196,895
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKROCK BATS: SERIES S PTF (BRASX) AT COST 77,992 72,030
    BLACKROCK BATS: SERIES M PTF (BRAMX) AT COST 741,488 640,577
    ISHARES RUSSELL 1000 VALUE ETF AT COST 281,721 254,981

    TY 2021 OtherIncomeSchedule2
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
      3,750   3,750


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASSET MANAGEMENT FEES 75,636 0   0


    TY 2021 TaxesSchedule
    Name:
    DIACO FAMILY FOUNDATION INC
    EIN:
    22-3763549
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX ON INVESTMENT INCOME 12,236 0   0