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 01-01-2021 , and ending 12-31-2021
Name of foundation
DALIO FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)ONE GLENDINNING PLACE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WESTPORT, CT06880
A Employer identification number

43-1965846
B Telephone number (see instructions)

(203) 291-5000
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$1,511,319,513J Accounting method:
Modified Cash
(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) 649,126,949
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 233,000 383,470  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 38,207,264
b Gross sales price for all assets on line 6a 227,984,189
7 Capital gain net income (from Part IV, line 2)... 25,607,984
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 2,544 55,879,713  
12 Total. Add lines 1 through 11........ 687,569,757 81,871,167  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 30,340 0   30,340
b Accounting fees (attach schedule)....... Click to see attachment 35,794 23,624   12,170
c Other professional fees (attach schedule).... Click to see attachment 6,341,790 3,247,648   3,094,142
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 902,171 4,467   2,022
19 Depreciation (attach schedule) and depletion... 87,568 0  
20 Occupancy.............. 256,626 0   256,626
21 Travel, conferences, and meetings....... 8,642 0   8,642
22 Printing and publications.......... 294 0   294
23 Other expenses (attach schedule)....... Click to see attachment 1,501,787 630,070   1,501,787
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 9,165,012 3,905,809   4,906,023
25 Contributions, gifts, grants paid....... 7,734,414 7,734,414
26 Total expenses and disbursements. Add lines 24 and 25 16,899,426 3,905,809   12,640,437
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 670,670,331
b Net investment income (if negative, enter -0-) 77,965,358
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.............      
2 Savings and temporary cash investments......... 95,160,851 100,915,323 100,915,323
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.......... 179,555 168,513 168,513
10a Investments—U.S. and state government obligations (attach schedule) 33,397,630 Click to see attachment85,881,581 85,881,581
b Investments—corporate stock (attach schedule)....... 33,851,501 Click to see attachment21,289,382 21,289,382
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 636,761,968 Click to see attachment1,271,249,139 1,298,506,674
14 Land, buildings, and equipment: basis bullet1,195,696
Less: accumulated depreciation (attach schedule) bullet414,498 868,766 Click to see attachment781,198 781,198
15 Other assets (describe bullet) Click to see attachment4,140,874 Click to see attachment3,776,842 Click to see attachment3,776,842
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 804,361,145 1,484,061,978 1,511,319,513
Liabilities 17 Accounts payable and accrued expenses.......... 10,537 26,492
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) Click to see attachment0 Click to see attachment511,500
23 Total liabilities (add lines 17 through 22)......... 10,537 537,992
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 804,350,608 1,483,523,986
29 Total net assets or fund balances (see instructions)..... 804,350,608 1,483,523,986
30 Total liabilities and net assets/fund balances (see instructions). 804,361,145 1,484,061,978
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
804,350,608
2
Enter amount from Part I, line 27a .....................
2
670,670,331
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
8,503,047
4
Add lines 1, 2, and 3 ..........................
4
1,483,523,986
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
1,483,523,986
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 SALE OF INVESTMENT FUNDS P 2020-01-01 2021-12-31
b FROM PASSTHROUGH ENTITIES P 2020-01-01 2021-12-31
c PROGRAM RELATED INVESTMENT - DISTRIBUTION IN EXCESS OF BASIS P 2020-01-01 2021-12-31
d PROGRAM RELATED INVESTMENT P 2020-01-01 2021-12-31
e
(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 227,984,189   203,168,960 24,815,229
b 507,208     507,208
c 285,547     285,547
d       0
e
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       24,815,229
b       507,208
c       285,547
d       0
e
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 25,607,984
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 1,083,718
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 1,083,718
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 431,701
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 250,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 681,701
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 402,017
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
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)
    bulletCT, NY
    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. Click to see attachment...............................
    10
    Yes
     
    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 Click to see attachment.............
    11
    Yes
     
    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 addressbulletNONE
    14
    The books are in care ofbulletLISA SAFIAN Telephone no.bullet (203) 291-5000

    Located atbulletONE GLENDINNING PLACEWESTPORTCT ZIP+4bullet06880
    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)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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
     
    No
    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)
    Yes
     
    (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
     
    No
    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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    RAYMOND T DALIO PRESIDENT & DIRECTOR
    2.00     		0 0 0
    ONE GLENDINNING PLACE
    WESTPORT,CT06880
    MATTHEW A DALIO DIRECTOR
    1.00     		0 0 0
    ONE GLENDINNING PLACE
    WESTPORT,CT06880
    BARBARA DALIO DIRECTOR
    20.00     		0 0 0
    ONE GLENDINNING PLACE
    WESTPORT,CT06880
    JANINE RACANELLI EXEC. DIRECTOR, TREASURER & SECRETARY
    1.50     		0 0 0
    ONE GLENDINNING PLACE
    WESTPORT,CT06880
    LISA SAFIAN ASSISTANT TREASURER
    1.00     		0 0 0
    ONE GLENDINNING PLACE
    WESTPORT,CT06880
    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
    MARINO MANAGEMENT PHILANTHROPIC SUPPORT, INV ADVISORY & BACK OFFICE SVCS 6,188,284
    25 FORD ROAD
    WESTPORT,CT06880
    HUNTER CONSULTING LLC EDUCATIONAL CONSULTING 247,917
    319 HILL STREET
    HAMDEN,CT06514
    ACCION QUONA INCLUSION FUND GP LLC INVESTMENT MANAGEMENT FEES 168,750
    10 FAWCETT STREET SUITE 204
    CAMBRIDGE,MA02138
    GLOBAL STRATEGY GROUP LLC COMMUNICATION CONSULTING 117,500
    215 PARK AVENUE SOUTH
    NEW YORK,NY10003
    ACCION FRONTIER INCLUSION FUND GP LLC INVESTMENT MANAGEMENT FEES 106,499
    10 FAWCETT STREET SUITE 204
    CAMBRIDGE,OH02138
    Total number of others receiving over $50,000 for professional services.............bullet6
    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 PROGRAMMATIC AND BACK-OFFICE SUPPORT TO ENABLE PROGRAMS FOCUSED ON UNDER-REPRESENTED YOUTH AND THEIR NEEDS. THIS SUPPORT INCLUDES BUT IS NOT LIMITED TO SUPPORTING PUBLIC SCHOOL TEACHERS AND THEIR EDUCATIONAL NEEDS IN CONNECTICUT (PROVIDING SUPPLIES, TEACHER TRAINING AND EDUCATIONAL OPPORTUNITIES AND OTHER SUPPORTS), PROVIDING DEDICATED CAPACITY BUILDING SUPPORT FOR WRAP AROUND SOCIAL SERVICE ORGANIZATIONS, AND PROVIDING SUPPORT TO MEET THE DIRECT NEEDS OF DISADVANTAGED YOUTH (COAT DRIVES AND OTHER NEEDS). 2,804,512
    2 COMMUNITY SUPPORT CHARITABLE INITIATIVE - PARK PRESERVATION, BEAUTIFICATION, AND MAINTENANCE FOR BRUCE PARK GARDEN. 13,770
    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 GLOBAL HEALTH INVESTMENT FUND - TO FINANCE THE DEVELOPMENT AND PRODUCTION OF PRODUCTS TO ADDRESS GLOBAL HEALTH CHALLENGES AND ACHIEVE SPECIFIED GLOBAL HEALTH OBJECTIVES. QUALIFYING DISTRIBUTION MADE IN 2021 WAS $232,038, HOWEVER THE ENTIRE AMOUNT WAS RETURNED IN CAPITAL PRIOR TO THE CLOSE OF THE YEAR. 0
    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
    709,762,035
    b
    Average of monthly cash balances.......................
    1b
    167,825,208
    c
    Fair market value of all other assets (see instructions)................
    1c
    128,458,777
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,006,046,020
    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
    1,006,046,020
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    15,090,690
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    990,955,330
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    49,547,767
    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
    49,547,767
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    1,083,718
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,083,718
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    48,464,049
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    304,806
    5
    Add lines 3 and 4............................
    5
    48,768,855
    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
    48,768,855
    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 48,768,855
    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...... 105,083,959
    b From 2017...... 93,834,038
    c From 2018...... 70,727,634
    d From 2019...... 14,586,699
    e From 2020......  
    f Total of lines 3a through e ........ 284,232,330
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 12,640,437
    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..... 12,640,437
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 36,128,418 36,128,418
    (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 5 248,103,912
    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) ...     		68,955,541
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		179,148,371
    10 Analysis of line 9:
    a Excess from 2017.... 93,834,038
    b Excess from 2018.... 70,727,634
    c Excess from 2019.... 14,586,699
    d Excess from 2020....  
    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).)
    RAYMOND T DALIO
    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
    A FAVOR DEL NIO IAP
    860 SAN JERNIMO AVENUE
    MEXICO CITY    
    MX     		  PC: EQUIVALENCY DETE TO SUPPORT GENERAL OPERATIONS 200,000
    AVATAR ALLIANCE FOUNDATION
    888 7TH AVE FL 4
    NEW YORK,NY10106     		  PC RESTRICTED TO SUPPORT TED EXHIBIT 500,000
    BACKLINE CARE INC
    66 MESEROLE AVENUE
    BROOKLYN,NY11222     		  PC TO SUPPORT GENERAL OPERATIONS 5,000
    CHILDRENS BRAIN TUMOR FOUNDATION INC
    1460 BROADWAY
    NEW YORK,NY10036     		  PC TO SUPPORT GENERAL OPERATIONS 5,000
    CHURCH OF ST JEROME
    230 ALEXANDER AVENUE
    BRONX,NY10454     		  PC TO SUPPORT GENERAL OPERATIONS 50,000
    COULD YOU
    3232 SAN HELENA DRIVE
    OCEANSIDE,CA92056     		  PC TO SUPPORT GENERAL OPERATIONS 5,000
    FUNDACION LEGORRETA HERNANDEZ AC
    AVENIDA CHAPULTEPEC 218 COL ROMA
    NORTE DEL CUAUHTEMOC CP 06700
    CIUDAD DE MEXICO    
    MX     		  FOREIGN ORG RESTRICTED TO SUPPORT SELF-EMPLOYMENT AND COMMUNITY CENTER PROGRAMS 200,000
    GIRLTREK INCORPORATED
    1800 WYOMING AVE NW
    WASHINGTON,DC20009     		  PC RESTRICTED TO SUPPORT INITIATIVE TO GET ONE MILLION AFRICAN-AMERICAN WOMEN WALKING TO IMPROVE THEIR HEALTH 1,000,000
    GIVING BACK FUND INC
    5757 W CENTURY BLVD SUITE 410
    LOS ANGELES,CA90045     		  PC RESTRICTED TO SUPPORT THE NEXUS YOUTH SUMMIT 10,000
    HAITI PROJECT INC
    5 PLEASANT HILL ROAD
    HOPEWELL JUNCTION,NY12533     		  PC TO SUPPORT GENERAL OPERATIONS 5,000
    HUMANE SOCIETY FOR THE PREVENTION
    121 HUMANE LN
    COLUMBIA,SC29209     		  PC TO SUPPORT GENERAL OPERATIONS 10,000
    JOHNS HOPKINS UNIVERSITY
    3910 KESWICK ROAD SUITE N2100
    BALTIMORE,MD21211     		  PC RESTRICTED TO SUPPORT THE MOOD DISORDERS CENTER 817,000
    MASS GENERAL BRIGHAM INCORPORATED
    125 NASHUA STREET SUITE 540
    BOSTON,MA02114     		  PC RESTRICTED TO SUPPORT THE COMMUNITY PSYCHIATRY PROGRAM 209,167
    MASS GENERAL BRIGHAM INCORPORATED
    125 NASHUA STREET SUITE 540
    BOSTON,MA02114     		  PC RESTRICTED TO SUPPORT THE COMMUNITY PSYCHIATRY PROGRAM 192,667
    MASS GENERAL BRIGHAM INCORPORATED
    125 NASHUA STREET SUITE 540
    BOSTON,MA02114     		  PC RESTRICTED TO SUPPORT THE COMMUNITY PSYCHIATRY PROGRAM 192,666
    NATIONAL FOUNDATION FOR THE CTRS FOR DISEASE CONTR & PREVENTION INC
    600 PEACHTREE STREET NE SUITE 1000
    ATLANTA,GA30308     		  PC RESTRICTED TO SUPPORT AFGHAN EVACUEE EMERGENCY RELIEF EFFORTS IN THE US 100,000
    POLAR EDUCATION FOUNDATION
    12 CHEMIN FOSBERY
    QUEBEC   J9B 2G 60000
    CA     		  PC TO SUPPORT GENERAL OPERATIONS 15,000
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    1033 MASSACHUSETTS AVE STE 3
    CAMBRIDGE,MA02138     		  PC RESTRICTED TO THE HARVARD BUSINESS SCHOOL FUND 100,000
    SAINT ANNS SCHOOL
    129 PIERREPONT ST
    BROOKLYN,NY11201     		  PC RESTRICTED TO THE ANNUAL FUND 136,512
    THE FLORIDA HUMANE SOCIETY INC
    1520 SE 14TH CT
    DEERFIELD BEACH,FL334417332     		  PC TO SUPPORT GENERAL OPERATIONS 10,000
    UNIVERSITY OF TEXAS FOUNDATION
    9011 MOUNTAIN RIDGE SUITE 150
    AUSTIN,TX78759     		  PC RESTRICTED TO SUPPORT THE FUNDRAISER TO END CANCER 20,000
    WATERFORD INSTITUTE INC
    1590 EAST 9400 S
    SANDY,UT84093     		  PC RESTRICTED TO SUPPORT THE GOAL OF BRIDGING THE EARLY EDUCATION GAP 1,001,402
    WOODS HOLE OCEANOGRAPHIC INSTITUTION
    FENNO HOUSE 183 OYSTER POND ROAD MS
    40
    WOODS HOLE,MA02543     		  PC RESTRICTED TO THE TWILIGHT ZONE PROJECT 2,500,000
    WOODS HOLE OCEANOGRAPHIC INSTITUTION
    FENNO HOUSE 183 OYSTER POND ROAD MS
    40
    WOODS HOLE,MA02543     		  PC RESTRICTED TO SUPPORT AND STRENGTHEN THE COMMUNICATION INITIATIVE 450,000
    Total .................................bullet 3a 7,734,414
    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 ...........     		         
    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 ............     		    18 38,207,264  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS INCOME     		        2,544
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 38,440,264 2,544
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    38,442,808
    (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 RECOVERY OF PRIOR YEAR QUALIFYING DISTRIBUTIONS
    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)
    Yes
     
    (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)
    Yes
     
    (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
    1a(1) 38,604 DALIO FAMILY FUND INC AGENCY TRANSFER OF INSURANCE CLAIM AND AGENCY TRANSFER OF CREDIT CARD REBATE.
    1a(1) 11,742 OCEANOGRAPHIC RESEARCH & EXPLORATION AGENCY TRANSFER OF CREDIT CARD REBATE.
    1b(4) 87,008 OCEANOGRAPHIC RESEARCH & EXPLORATION REIMBURSEMENT OF EXPENSES.
    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
    DALIO FAMILY FUND INC 501(C)(4) DALIO FOUNDATION, INC. AND DALIO FAMILY FUND, INC. ARE COMMONLY CONTROLLED BECAUSE MORE THAN 25% OF THE DIRECTORS OF DALIO FOUNDATION ALSO SERVE ON DALIO FAMILY FUND'S BOARD.
    OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION 501(C)(4) DALIO FOUNDATION AND OCEANOGRAPHIC RESEARCH & EXPLORATION FOUNDATION (OREF) ARE COMMONLY CONTROLLED BECAUSE MORE THAN 25% OF THE DIRECTORS OF DALIO FOUNDATION ALSO SERVE ON OREF'S BOARD.
    ENDLESS NETWORK INC 501(C)(4) DALIO FOUNDATION AND ENDLESS NETWORK INC. ARE COMMONLY CONTROLLED BECAUSE MORE THAN 25% OF THE DIRECTORS OF ENDLESS NETWORK INC. ALSO SERVE ON DALIO FOUNDATION'S BOARD.
    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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    DALIO FOUNDATION INC
     
    Employer identification number

    43-1965846
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    DALIO FOUNDATION INC
          		Employer identification number
    43-1965846
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    MARINO FAMILY TRUST DJD (BW)
     
    ONE GLENDINNING PLACE
     
    WESTPORT, CT06880

    		$ 132,452,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    MARINO FAMILY TRUST MMD (BW)
     
    ONE GLENDINNING PLACE
     
    WESTPORT, CT06880

    		$ 136,747,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    MARINO FAMILY TRUST MAD (BW)
     
    ONE GLENDINNING PLACE
     
    WESTPORT, CT06880

    		$ 136,749,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    MARINO FAMILY TRUST PJD (BW)
     
    ONE GLENDINNING PLACE
     
    WESTPORT, CT06880

    		$ 136,716,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    MARINO FAMILY TRUST DRD (MAIN)
     
    ONE GLENDINNING PLACE
     
    WESTPORT, CT06880

    		$ 23,487,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    MARINO FAMILY TRUST MMD (MAIN)
     
    ONE GLENDINNING PLACE
     
    WESTPORT, CT06880

    		$ 23,700,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Name of organization
    DALIO FOUNDATION INC
          		Employer identification number
    43-1965846
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    MARINO FAMILY TRUST MAD (MAIN)
     
    ONE GLENDINNING PLACE
     
    WESTPORT, CT06880

    		$ 26,360,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    MARINO FAMILY TRUST PJD (MAIN)
     
    ONE GLENDINNING PLACE
     
    WESTPORT, CT06880

    		$ 22,890,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    BELLE HAVEN AW LLC
     
    ONE GLENDINNING PLACE
     
    WESTPORT, CT06880

    		$ 10,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    RAYMOND T DALIO AND BARBARA G DALIO
    ONE GLENDINNING PLACE
     
    WESTPORT, CT06880

    		$ 22,732


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    DALIO FOUNDATION INC
          		Employer identification number

    43-1965846
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    DALIO FOUNDATION INC
          		Employer identification number

    43-1965846
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 35,794 23,624   12,170

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    FUNDACION LEGORRETA HERNANDEZ AC
          		AVENIDA CHAPULTEPEC 218 COL ROMA
    NORTE DEL CU
    CIUDAD DE MEXICO   CP 06700
    MX     		2019-10-04 600,000 TO SUPPORT THE GRANTEE'S SELF-EMPLOYMENT PROGRAM AND COMMUNITY CENTER PROGRAM FOR UNDERSERVED POPULATIONS. 600,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 01/31/20, 02/25/21, 04/01/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    GLOBAL HEALTH INVESTMENT FUND I LLC
          		35 OLD QUEEN STREET
    LONDON   SW1 H9JA
    UK     		2013-07-19 2,541,620 EQUITY PROGRAM RELATED INVESTMENT TO FINANCE THE DEVELOPMENT AND PRODUCTION OF PRODUCTS TO ADDRESS GLOBAL HEALTH CHALLENGES AND ACHIEVE SPECIFIED GLOBAL HEALTH OBJECTIVES 2,541,620 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 12/31/14, 12/31/15, 3/01/17, 3/01/18, 3/01/19, 3/01/20, 5/14/21, 9/30/21   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    GRAMEEN AMERICA SOCIAL BUSINESS FUND LLC
          		150 WEST 30TH STREET 8TH FLR
    NEW YORK,NY10001     		2017-12-14 3,000,000 EQUITY PROGRAM RELATED INVESTMENTTO HELP FUND THE MICRO LOAN PORTFOLIO AND ENABLE GREATER NUMBERS OF LOW-INCOME WOMEN IN THE US TO RECEIVE WORKING CAPITAL FOR THEIR BUSINESSES TO SURVIVE AND PROSPER. IT IS BELIEVED THE IMPACT WILL EXTEND BEYOND IMMEDIATE FINANCIAL NEEDS TO INCLUDE GREATER EMPOWERMENT, INDIVIDUAL RESPONSIBILITY AND FAMILY SECURITY 3,000,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 3/31/18, 6/30/18, 10/28/19, 1/22/20, 4/07/20, 7/30/20, 2/09/21, 3/2/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    GREENWICH TOWN PARTY INC
          		100 ARCH STREET
    GREENWICH,CT06830     		2019-05-14 900,000 DEBT PROGRAM RELATED INVESTMENTTHE PROCEEDS OF THIS NOTE SHALL BE USED SOLELY TO ORGANIZE AND PROMOTE THE GREENWICH TOWN PARTY WHICH IS A COMMUNITY EVENT THE NOTE HOLDER BELIEVES IS CONSISTENT WITH ITS OWN CHARITABLE PURPOSES.DALIO FOUNDATION HAS FORGIVEN $900,000 ON THIS LOAN; THERE IS NO OUTSTANDING BALANCE. 900,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 06/30/19, 06/30/20, 06/30/21 (FINAL)   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    HENRY M PAULSON JR INSTITUTE
          		401 N MICHIGAN AVENUE
    CHICAGO,IL60611     		2018-11-01 6,000,000 TO SUPPORT THE OPERATING EXPENSES OF HENRY PAULSON INSTITUTE AND ENABLE IT TO CARRY OUT ITS CHARITABLE ACTIVITIES, FOCUSED ON RESEARCH AND IMPROVING ENVIROMENTAL AND CONVSERVATION OUTCOMES. 6,000,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 02/14/19, 02/14/20, 02/15/21 (FINAL)   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    ROCKEFELLER BROTHERS FUND INC
          		475 RIVERSIDE DRIVE SUITE 900
    NEW YORK,NY10115     		2018-03-27 250,000 SECONDARY GRANTEE: INSTITUTE FOR INTERNATIONAL EDUCATION (IIE)SECONDARY GRANTEE DATE PAID: 03/15/20SECONDARY GRANTEE AMOUNT PAID: $160,000SECONDARY GRANTEE AMOUNT EXPENDED: $0PURPOSE: TO SUPPORT THE ENDOWMENT FOR THE RICHARD ROCKEFELLER FELLOWSHIP FOR EMERGING LEADERS IN CHINESE PHILANTHROPY 160,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/19, 04/02/20, 04/01/21, 03/30/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    STEPHEN A SCHWARZMAN EDUCATION FOUNDATION
          		345 PARK AVE FL 16
    NEW YORK,NY10154     		2020-05-21 1,000,000 RESTRICTED TO SUPPORT INCREASED ACADEMIC PROGRAM COSTS DUE TO COVID-19. 1,000,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 04/21/21 (FINAL)   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    TED FOUNDATION INC
          		330 HUDSON ST 11TH FLOOR
    NEW YORK,NY10013     		2020-01-07 1,000,000 TO SUPPORT GENERAL OPERATIONS 1,000,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 04/13/21 (FINAL)   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    THE RICHARD AND BARBARA WHITCOMB FOUNDATION
          		30 VILLAGE DRIVE
    NEW CANAAN,CT06840     		2017-08-31 2,400,000 TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE FOUNDATION WHICH INCLUDES SUPPORT OF LOCAL AND REGIONAL AFTER-SCHOOL PROGRAMS, SCHOLARSHIP PROGRAMS, FITNESS, NUTRITION AND OTHER EDUCATIONAL PROGRAMS. 2,400,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 11/17, 02/18, 06/18, 07/18, 10/18, 02/19, 05/19, 11/19, 01/20, 01/21, 05/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 66
    BEIJING,NANLISHILU XICHEN100045
    CH     		2018-12-13 900,000 TO SUPPORT THE OPERATING EXPENSES OF BEIJING DALIO PUBLIC WELFARE FOUNDATION AND ENABLE IT TO CARRY OUT ITS CHARITABLE AND EDUCATIONAL ACTIVITIES CONTINUOUSLY, WHICH ARE FOCUSED ON EARLY CHILDHOOD ADVOCATION, PHILANTHROPY, EDUCATION, POVERTY REDUCTION AND COVID RELIEF. 900,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/10/19, 03/10/20, 3/10/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 66
    BEIJING,NANLISHILU XICHEN100045
    CH     		2018-08-02 5,916,000 SECONDARY GRANTEE (1/6): CHINA GLOBAL PHILANTHROPY INSTITUTE (CGPI),8TH FLOOR, HOPSON FORTUNE PLAZA, NO. 13 DESHENGMEN WAI STREET, XICHENG DISTRICT, BEIJING, 100088, PRCSECONDARY GRANTEE DATE: 12/2018SECONDARY GRANTEE AMOUNT PAID: $2,000,000SECONDARY AMOUNT EXPENDED: $2,000,000PURPOSE: TO SUPPORT CGPI'S PROGRAMS PROMOTING PHILANTHROPY EDUCATION IN CHINA. 5,621,695 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 3/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 84
    BEIJING,NANLISHILU XICHEN100063
    CH     		2018-08-20 5,916,000 SECONDARY GRANTEE (2/6): CHINA GLOBAL PHILANTHROPY INSTITUTE HARVARD KENNEDY SCHOOL PROJECT (CGPI-HKS), 8TH FLOOR, HOPSON FORTUNE PLAZA, NO. 13 DESHENGMEN WAI STREET, XICHENG DISTRICT, BEIJING, 100088, PRCSECONDARY GRANTEE DATE: 12/2018SECONDARY GRANTEE AMOUNT PAID: $216,000SECONDARY AMOUNT EXPENDED: $156,692PURPOSE: TO SUPPORT CGPI'S PROGRAMS PROMOTING PHILANTHROPY EDUCATION IN CHINA. 5,621,695 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 3/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 85
    BEIJING,NANLISHILU XICHEN100064
    CH     		2018-08-21 5,916,000 SECONDARY GRANTEE (3/6): CHBA, ROOM 1602, SOUTH TOWER, SHANGDU SOHONO 8, DONGDAQIAO ROAD, CHAOYANG DISTRICT, BEIJING,100020, CHINASECONDARY GRANTEE DATE: 12/2018SECONDARY GRANTEE AMOUNT PAID: $2,150,000SECONDARY AMOUNT EXPENDED: $2,150,000PURPOSE: TO SUPPORT HEALTH BASED INTERVENTIONS FOR CHILDREN WITH FEW RESOURCES WHO HAVE LIFE THREATENING DISEASES. 5,621,695 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 3/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 86
    BEIJING,NANLISHILU XICHEN100065
    CH     		2018-08-22 5,916,000 SECONDARY GRANTEE (4/6): DANDELION MIDDLE SCHOOL, 22ND TUANHE ROADSHOUBAOZHUANGXIHONGMENZHEN, DAXING DISTRICT, BEIJING, CHINA, 100162SECONDARY GRANTEE DATE: 12/2018SECONDARY GRANTEE AMOUNT PAID: $150,000SECONDARY AMOUNT EXPENDED: $150,000PURPOSE: TO SUPPORT MIDDLE SCHOOL EDUCATION FOR MIGRANT WORKERS' CHILDREN. 5,621,695 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 3/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 87
    BEIJING,NANLISHILU XICHEN100066
    CH     		2018-08-23 5,916,000 SECONDARY GRANTEE (5/6): CHINA DEVELOPMENT RESEARCH FOUNDATION (CDRF), FLOOR 15, TOWER A, IMPERIAL INTERNATIONAL CENTER, NO. 136, ANDINGMEN WAI AVENUE, DONGCHENG DISTRICT, BEIJING, CHINA, 100011SECONDARY GRANTEE DATE: 12/2018SECONDARY GRANTEE AMOUNT PAID: $950,000SECONDARY AMOUNT EXPENDED: $950,000PURPOSE: TO SUPPORT EARLY CHILDHOOD EDUCATION IN RURAL, RESOURCE-CONSTRAINED POPULATIONS IN CHINA. 5,621,695 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 3/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 88
    BEIJING,NANLISHILU XICHEN100067
    CH     		2018-08-24 5,916,000 SECONDARY GRANTEE (6/6): BEIJING GANEN FOUNDATION (BGF), BEIJING, CHINA 100045SECONDARY GRANTEE DATE: 12/2018SECONDARY GRANTEE AMOUNT PAID: $215,000SECONDARY AMOUNT EXPENDED: $215,000PURPOSE: TO SUPPORT RURAL DEVELOPMENT EFFORTS IN RESOURCE-CONSTRAINED POPULATIONS IN CHINA. 5,621,695 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 3/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 66
    BEIJING,NANLISHILU XICHEN100045
    CH     		2019-07-31 5,550,000 SECONDARY GRANTEE (1/6): CHBA, ROOM 1602, SOUTH TOWER, SHANGDU SOHO, NO 8, DONGDAQIAO ROAD, CHAOYANG DISTRICT, BEIJING,100020, CHINASECONDARY GRANTEE DATE: 12/2019SECONDARY GRANTEE AMOUNT PAID: $2,150,000SECONDARY AMOUNT EXPENDED: $2,150,000PURPOSE: TO SUPPORT EARLY CHILDHOOD EDUCATION. 5,550,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/20, 03/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 81
    BEIJING,NANLISHILU XICHEN100060
    CH     		2019-08-15 5,550,000 SECONDARY GRANTEE (2/6): DANDELION MIDDLE SCHOOL, 22ND TUANHE ROADSHOUBAOZHUANGXIHONGMENZHEN, DAXING DISTRICT, BEIJING, CHINA, 100162SECONDARY GRANTEE DATE: 12/2019SECONDARY GRANTEE AMOUNT PAID: $150,000SECONDARY AMOUNT EXPENDED: $150,000PURPOSE: TO SUPPORT MIDDLE SCHOOL EDUCATION FOR MIGRANT CHILDREN. 5,550,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/20, 03/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 82
    BEIJING,NANLISHILU XICHEN100061
    CH     		2019-08-16 5,550,000 SECONDARY GRANTEE (3/6): CHINA DEVELOPMENT RESEARCH FOUNDATION (CDRF), FLOOR 15, TOWER A, IMPERIAL INTERNATIONAL CENTER, NO. 136, ANDINGMEN WAI AVENUE, DONGCHENG DISTRICT, BEIJING, CHINA, 100011SECONDARY GRANTEE DATE: 12/2019SECONDARY GRANTEE AMOUNT PAID: $930,000SECONDARY AMOUNT EXPENDED: $930,000PURPOSE: TO SUPPORT EARLY CHILDHOOD EDUCATION. 5,550,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/20, 03/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 83
    BEIJING,NANLISHILU XICHEN100062
    CH     		2019-08-17 5,550,000 SECONDARY GRANTEE (4/6): BEIJING GANEN FOUNDATION (BGF), BEIJING, CHINA 100045SECONDARY GRANTEE DATE: 12/2019SECONDARY GRANTEE AMOUNT PAID: $150,000SECONDARY AMOUNT EXPENDED: $150,000PURPOSE: TO SUPPORT VARIOUS PROJECTS INCLUDING, CHBA, RARL, CDRF, BGF AND DANDELION. PROGRAM AREAS INCLUDE CHILD WELFARE AS WELL AS RURAL CAPACITY BUILDING IN HIGHER EDUCATION. 5,550,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/20, 03/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 84
    BEIJING,NANLISHILU XICHEN100063
    CH     		2019-08-18 5,550,000 SECONDARY GRANTEE (5/6): RONG AI RONG LE PARENTS ORGANIZATION OF PEOPLE WITH INTELLECTUAL DISABILITIES (RARL), 1107 #UNIT 4 ,BUILDING 6, BEIJING IMAGE COMPOUND, 115# OF FUCHENG ST. HAIDIAN DISTRICT, BEIJING, CHINA AND BEIJING GANEN FOUNDATION (BGF), BEIJING, CHINA 100045SECONDARY GRANTEE DATE: 12/2019SECONDARY GRANTEE AMOUNT PAID: $170,000SECONDARY AMOUNT EXPENDED: $170,000PURPOSE: TO SUPPORT VARIOUS PROJECTS INCLUDING, CHBA, RARL, CDRF, BGF AND DANDELION. PROGRAM AREAS INCLUDE CHILD WELFARE AS WELL AS RURAL CAPACITY BUILDING IN HIGHER EDUCATION. 5,550,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/20, 03/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 85
    BEIJING,NANLISHILU XICHEN100064
    CH     		2019-08-19 5,550,000 SECONDARY GRANTEE (6/6): CHINA GLOBAL PHILANTHROPY INSTITUTE (CGPI), 8TH FLOOR, HOPSON FORTUNE PLAZA, NO. 13 DESHENGMEN WAI STREET, XICHENG DISTRICT, BEIJING, 100088, PRCSECONDARY GRANTEE DATE: 02/07/20SECONDARY GRANTEE AMOUNT PAID: $2,000,000SECONDARY AMOUNT EXPENDED: $2,000,000PURPOSE: TO SUPPORT VARIOUS PHILANTHROPIC PROJECTS INCLUDING, CHBA, RARL, CDRF, BGF AND DANDELION. PROGRAM AREAS INCLUDE CHILD WELFARE AS WELL AS RURAL CAPACITY BUILDING IN HIGHER EDUCATION. 5,550,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/20, 03/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 66
    BEIJING,NANLISHILU XICHEN100045
    CH     		2020-03-19 3,200,000 SECONDARY GRANTEE (1/3): LANJUAN LI RESEARCH TEAM, ZHEJIANG UNIVERSITY EDUCATION FOUNDATION, TOWER A, #6 BUILDING, ZHEJIANG UNIVERSITY NO.1 HOSPITAL, NO. 79 QINGCHUN ROAD, SHANGCHENG DISTRICT, HANGZHOU, ZHEJIANG PROVINCE.SECONDARY GRANTEE DATE PAID: 03/30/20SECONDARY GRANTEE AMOUNT PAID: $1,000,000SECONDARY GRANTEE AMOUNT EXPENDED: $669,162PURPOSE: RESTRICTED TO FUND THE WORK OF THREE MEDICAL RESEARCH TEAMS RELATED TO THE CORONAVIRUS (COVID-19) OUTBREAK IN CHINA. 1,684,677 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/10/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 80
    BEIJING,NANLISHILU XICHEN100059
    CH     		2020-04-02 3,200,000 SECONDARY GRANTEE (2/3): CHEN WANG RESEARCH TEAM, PEKING UNION MEDICAL COLLEGE EDUCATION FOUNDATION, DONGDAN SANTIAO, DONGCHENG DISTRICT, BEIJING.SECONDARY GRANTEE DATE PAID: 03/30/20SECONDARY GRANTEE AMOUNT PAID: $1,000,000SECONDARY GRANTEE AMOUNT EXPENDED: $315,658PURPOSE: RESTRICTED TO FUND THE WORK OF THREE MEDICAL RESEARCH TEAMS RELATED TO THE CORONAVIRUS (COVID-19) OUTBREAK IN CHINA. 1,684,677 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/10/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 81
    BEIJING,NANLISHILU XICHEN100060
    CH     		2020-04-03 3,200,000 SECONDARY GRANTEE (3/3): NANSHAN ZHONG RESEARCH TEAM, GUANGDONG ZHONG NANSHAN MEDICAL FOUNDATION, 503# BUILDING A, NO.1 RUIFA ROAD, HUANGPU DISTRICT, GUANGZHOU, GUANGDONG PROVINCE.SECONDARY GRANTEE DATE PAID: 03/30/20SECONDARY GRANTEE AMOUNT PAID: $1,200,000SECONDARY GRANTEE AMOUNT EXPENDED: $699,857PURPOSE: RESTRICTED TO FUND THE WORK OF THREE MEDICAL RESEARCH TEAMS RELATED TO THE CORONAVIRUS (COVID-19) OUTBREAK IN CHINA. 1,684,677 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/10/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 66
    BEIJING,NANLISHILU XICHEN100045
    CH     		2020-07-30 2,870,000 SECONDARY GRANTEE (1/2): CHUNHUI CHILDREN'S FOUNDATION (CHBA)ROOM 1602, SOUTH TOWER, SHANGDU SOHO, NO 8, DONGDAQIAO ROAD, CHAOYANG DISTRICT, BEIJING,100020, CHINASECONDARY GRANTEE PAID DATE: 8/2020SECONDARY GRANTEE AMOUNT PAID: $2,150,000SECONDARY GRANTEE AMOUNT EXPENDED: $2,150,000PURPOSE: RESTRICTED TO SUPPORT GRANTEE'S CHARITABLE WORK IN THE FIELDS OF CHILDREN WELFARE AND EDUCATION. 2,375,792 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.
    BEIJING DALIO PUBLIC WELFARE FOUNDATION
          		702A CANWAY BUILDING 79
    BEIJING,NANLISHILU XICHEN100058
    CH     		2020-08-12 2,870,000 SECONDARY GRANTEE (2/2): BEIJING DANDELION SCHOOL DANDELION MIDDLE SCHOOL, 22ND TUANHE ROADSHOUBAOZHUANGXIHONGMENZHEN, DAXING DISTRICT, BEIJING, CHINA, 100162SECONDARY GRANTEE PAID DATE: 8/2020SECONDARY GRANTEEE AMOUNT PAID: $720,000SECONDARY GRANTEE AMOUNT EXPENDED: $225,792PURPOSE: RESTRICTED TO SUPPORT GRANTEE'S CHARITABLE WORK IN THE FIELDS OF CHILDREN WELFARE AND EDUCATION. 2,375,792 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/21, 03/08/22   DALIO FOUNDATION REVIEWED THE GRANT REPORTS UPON RECEIPT. THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY (REG. 53.4945-5(C)), REQUIRING THE FOUNDATION TO UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS.

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FUTURES AND FORWARDS 869,657 869,657
    CORPORATE EQUITIES 20,419,725 20,419,725

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    US Government Securities - End of Year Book Value:

    85,881,581
    US Government Securities - End of Year Fair Market Value:

    85,881,581
    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:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FUND 4 FMV 295,806,082 295,806,082
    WATCHTOWER, LLC FMV 3,196,637 3,196,637
    ACCION FRONTIER INCLUSION FUND FMV 11,020,637 29,862,792
    BLACKIVY, LLC FMV 253,222 107,380
    ACCION QUONA FMV 7,527,652 18,236,752
    FUND 6 FMV 152,955,390 152,955,390
    FUND 7 FMV 291,919,963 291,919,963
    FUND 8 FMV 64,192,834 64,192,834
    FUND 9 FMV 64,362,848 64,362,848
    QUONA ACCION III FMV 5,843,314 3,695,436
    SOUND HAVEN II FMV 35,448,758 35,448,758
    FUND 10 FMV 31,600,965 31,600,965
    FUND 11 FMV 307,120,837 307,120,837

    TY 2021 LandEtcSchedule2
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    SOFTWARE 142,253 60,687 81,566 81,566
    FURNITURE & FIXTURES 179,563 155,868 23,695 23,695
    LEASEHOLD IMPROVEMENTS 873,880 197,943 675,937 675,937


    TY 2021 LegalFeesSchedule
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - GRANTS & GOVERNANCE 24,390 0   24,390
    LEGAL FEES - CHARITABLE INITIATIVE EDUCATION 5,950 0   5,950


    TY 2021 OtherAssetsSchedule
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    GLOBAL HEALTH INVESTMENT FUND 951,789 972,020 972,020
    GRAMEEN AMERICA SOCIAL BUSINESS FUND LLC 2,867,379 2,781,505 2,781,505
    PRI LOAN RECEIVABLE 311,824 0 0
    DIVIDENDS & INTEREST RECEIVABLE 9,882 23,317 23,317


    TY 2021 OtherExpensesSchedule
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK AND CHECK FEES 1,656 0   1,656
    INSURANCE 25,740 0   25,740
    DUES, SUBSCRIPTIONS, FEES, SHIPPING 12,374 0   12,374
    INFORMATION TECHNOLOGY & COMMUNICATIONS 91,829 0   91,829
    SERVICES & FEES - COMMUNITY SUPPORT CHARITABLE INITIATIVE 6,211 0   6,211
    COAT DRIVE - SUPPLIES AND CONSULTING 281,772 0   281,772
    SUPPLIES & SVCS - EDUCATION CHARITABLE INITIATIVE 378,088 0   378,088
    PROGRAM DEVELOPMENT CONSULTING - EDUCATION CHARITABLE INITIATIVE 704,117 0   704,117
    DEDUCTIONS FROM PASS THROUGH 0 630,070   0


    TY 2021 OtherIncomeSchedule2
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME FROM PASS THROUGH   2,647,437  
    PRI INCOME   85,744  
    SUBPART F INCOME   53,146,532  
    MISCELLANEOUS INCOME 2,544   0


    TY 2021 OtherIncreasesSchedule
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Description Amount
    UNREALIZED GAINS 8,503,047


    TY 2021 OtherLiabilitiesSchedule
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Description Beginning of Year - Book Value End of Year - Book Value
    DUE TO SH II 0 511,500


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CUSTODIAN FEES 153,506 153,506   0
    PHILANTHROPIC MGMT, INV ADVISORY, & BACK OFFICE SVCS 6,188,284 3,094,142   3,094,142


    TY 2021 SubstantialContributorsSch
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Name Address
    MARINO FAMILY TRUST DJD (BW)
          		ONE GLENDINNING PLACE
    WESTPORT,CT06880
    MARINO FAMILY TRUST PJD (BW)
          		ONE GLENDINNING PLACE
    WESTPORT,CT06880
    MARINO FAMILY TRUST MMD (BW)
          		ONE GLENDINNING PLACE
    WESTPORT,CT06880
    MARINO FAMILY TRUST MAD (BW)
          		ONE GLENDINNING PLACE
    WESTPORT,CT06880


    TY 2021 TaxesSchedule
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 149 4,467   0
    EXCISE TAX 900,000 0   0
    STATE INCOME TAXES 2,022 0   2,022


    TY 2021 TransfersToControlledEntities
    Name:
    DALIO FOUNDATION INC
    EIN:
    43-1965846
    Name US /
    Foreign Address    		 EIN Description Amount
    DALIO FAMILY FUND INC ONE GLENDINNING PLACE
    WESTPORT,CT06880     		83-1575536 AGENCY TRANSFER OF INSURANCE CLAIM: $35,701AGENCY TRANSFER OF CREDIT CARD REBATE: $2,903 38,604
    Total     38,604