Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
DALIO FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1 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 right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$1,541,767,086J 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) 14,131,950
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 8,021,022 24,608,303  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -39,562,028
b Gross sales price for all assets on line 6a 507,389,064
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
List of Attached Documents:
// Content
7,019,339 393,146  
12 Total. Add lines 1 through 11........ -10,389,717 25,001,449  
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).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
226,300 163,336   62,964
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
16,163,247 8,275,251   7,887,996
17 Interest............... 249,059 249,059   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,333,128 10,747   0
19 Depreciation (attach schedule) and depletion... 54,241 0  
20 Occupancy.............. 235,207 0   235,207
21 Travel, conferences, and meetings....... 17,680 0   17,680
22 Printing and publications.......... 1,133 0   1,133
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,916,894 1,809,315   2,916,894
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 23,196,889 10,507,708   11,121,874
25 Contributions, gifts, grants paid....... 6,111,078 6,111,078
26 Total expenses and disbursements. Add lines 24 and 25 29,307,967 10,507,708   17,232,952
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -39,697,684
b Net investment income (if negative, enter -0-) 14,493,741
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 1    
2 Savings and temporary cash investments......... 134,664,269 106,359,300 106,359,300
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 167,666 167,666 167,666
10a Investments—U.S. and state government obligations (attach schedule) 66,803,285 Click to see attachment
List of Attached Documents:
// Content
51,169,709 		51,169,709
b Investments—corporate stock (attach schedule)....... 19,559,364 Click to see attachment
List of Attached Documents:
// Content
19,532,540 		19,532,540
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,289,144,800 Click to see attachment
List of Attached Documents:
// Content
1,362,898,282 		1,362,898,282
14 Land, buildings, and equipment: basis right arrow1,212,601
Less: accumulated depreciation (attach schedule) right arrow542,758 724,085 Click to see attachment
List of Attached Documents:
// Content
669,843 		669,843
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,251,049 		Click to see attachment
List of Attached Documents:
// Content
969,746 		Click to see attachment
List of Attached Documents:
// Content
969,746
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,512,314,519 1,541,767,086 1,541,767,086
Liabilities 17 Accounts payable and accrued expenses.......... 13,887 68,293
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 13,887 68,293
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
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 1,512,300,632 1,541,698,793
29 Total net assets or fund balances (see instructions)..... 1,512,300,632 1,541,698,793
30 Total liabilities and net assets/fund balances (see instructions). 1,512,314,519 1,541,767,086
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
1,512,300,632
2
Enter amount from Part I, line 27a .....................
2
-39,697,684
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
69,095,845
4
Add lines 1, 2, and 3 ..........................
4
1,541,698,793
5
Decreases not included in line 2 (itemize) right arrow
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
1,541,698,793
Form 990-PF (2023)
Form 990-PF (2023)
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 2022-01-01 2023-12-31
b DISPOSAL OF PROGRAM-RELATED INVESTMENTS P 2022-01-01 2023-12-31
c GAINS AND LOSSES FROM PASSTHROUGH ENTITIES P 2022-01-01 2023-12-31
d
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 507,387,778   560,323,331 -52,935,553
b 1,286   9,337 -8,051
c     1,847,594 -1,847,594
d
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       -52,935,553
b       -8,051
c       -1,847,594
d
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 -54,791,198
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  
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 right arrow 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) 1 201,463
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........................... 3 201,463
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- ..... 5 201,463
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 982,653
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.............. 7 982,653
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 781,190
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow781,190 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowCT
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 2023 or the taxable year beginning in 2023? 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
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
List of Attached Documents:
// Content
.............
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 addressright arrowWWW.DALIOPHILANTHROPIES.ORG
14
The books are in care ofright arrowLISA SAFIAN Telephone no.right arrow (203) 291-5000

Located atright arrow1 GLENDINNING PLACEWESTPORTCT ZIP+4right arrow06880
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowHK, DA, SW, UK
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
List of Attached Documents:
// Content
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
BARBARA DALIO DIRECTOR
1.00 		0 0 0
1 GLENDINNING PLACE
WESTPORT,CT06880
JANINE RACANELLI EXEC. DIRECTOR, TREASURER & SECRETARY
1.50 		0 0 0
1 GLENDINNING PLACE
WESTPORT,CT06880
LISA SAFIAN ASSISTANT TREASURER
1.00 		0 0 0
1 GLENDINNING PLACE
WESTPORT,CT06880
MARK DALIO DIRECTOR
1.00 		0 0 0
1 GLENDINNING PLACE
WESTPORT,CT06880
MATTHEW A DALIO DIRECTOR
1.00 		0 0 0
1 GLENDINNING PLACE
WESTPORT,CT06880
RAYMOND T DALIO PRESIDENT & DIRECTOR
2.00 		0 0 0
1 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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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 SEE STATEMENT 18 15,775,992
25 FORD ROAD
WESTPORT,CT06880
BRIDGEWATER PURE ALPHA FUND II LTD INVESTMENT MANAGEMENT FEES 3,687,735
ONE NYALA FARMS ROAD
WESTPORT,CT06880
THE BOSTON CONSULTING GROUP INC EDUCATION CONSULTING 1,930,353
200 PIER 4 BLVD
BOSTON,MA02210
LONE VIEW CAPITAL FUND I-A LP INVESTMENT MANAGEMENT FEES 525,756
11611 SAN VICENTE BLVD STE 910
LOS ANGELES,CA90049
BRIDGEWATER ASSOCIATES LP FUND ADMIN MIDDLE AND BACK OFFICE FEES 348,669
ONE NYALA FARMS ROAD
WESTPORT,CT06880
Total number of others receiving over $50,000 for professional services.............right arrow10
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 SUPPORT), 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). 5,483,004
2 HELPING OTHER ORGANIZATIONS WITH THEIR CHARITABLE ACTIVITIES. 2,629,332
3 COMMUNITY SUPPORT CHARITABLE INITIATIVE - PARK PRESERVATION, BEAUTIFICATION, AND MAINTENANCE FOR BRUCE PARK GARDEN. 6,248
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
1,144,517,223
b
Average of monthly cash balances.......................
1b
103,886,845
c
Fair market value of all other assets (see instructions)................
1c
285,679,780
d
Total (add lines 1a, b, and c).........................
1d
1,534,083,848
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
1,534,083,848
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
23,011,258
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,511,072,590
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
75,553,630
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
75,553,630
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
201,463
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
201,463
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
75,352,167
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
75,352,167
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
75,352,167
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
17,232,952
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
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
17,232,952
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 75,352,167
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 70,727,634
b From 2019...... 14,586,699
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 85,314,333
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 17,232,952
a Applied to 2022, 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 2023 distributable amount..... 17,232,952
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 58,119,215 58,119,215
(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 27,195,118
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		12,608,419
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		14,586,699
10 Analysis of line 9:
a Excess from 2019.... 14,586,699
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
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 (2023)
Form 990-PF (2023)
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

AMERICAN JEWISH COMMITTEE

165 EAST 56TH STREET
NEW YORK,NY10022 		  PC TO SUPPORT GENERAL OPERATIONS 50,000

CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES INC

1616 RHODE ISLAND AVE NW
WASHINGTON,DC20036 		  PC RESTRICTED TO SUPPORT THE ENDOWMENT CAMPAIGN 1,000,000

CHAPEL & YORK US FOUNDATION INC

1350 AVENUE OF THE AMERICAS FLOOR 2
SUITE 266
NEW YORK,NY10019 		  PC RESTRICTED TO SUPPORT OUTWARD BOUND UK'S NEW LEARNING VILLAGE 105,340

DAVID LYNCH FOUNDATION FOR CONSCIOUSNESS-BASED EDUCATION AND WORLD PEACE

228 E 45TH ST 15TH FLOOR
NEW YORK,NY10017 		  PC TO SUPPORT GENERAL OPERATIONS 115,000

FUNDACION LEGORRETA HERNANDEZ AC

AVENIDA CHAPULTEPEC 218 COL ROMA
NORTE
CIUDAD DE MEXICO   CP 06700
MX 		  FOREIGN ORG RESTRICTED TO SUPPORT FOR THE GRANTEE'S SELF-EMPLOYMENT PROGRAM AND COMMUNITY CENTER PROGRAM 200,000

GOULD ACADEMY

PO BOX 860
BETHEL,ME04217 		  PC RESTRICTED TO SUPPORT THE ATHLETIC DEPARTMENT 50,000

HELEN KELLER INTERNATIONAL

ONE DAG HAMMARSKJOLD PLAZA FLOOR 2
NEW YORK,NY10017 		  PC RESTRICTED TO SUPPORT THE KENYA VITAMIN A PROGRAM 1,500

ICON ELITE SPORTS

1025 E ISLE OF PALMS AVE
MYRTLE BEACH,SC29579 		  PC TO SUPPORT GENERAL OPERATIONS 50,000

LA SCUOLA D ITALIA-GUGLIELMO MARCONI

12 EAST 96TH STREET
NEW YORK,NY10128 		  PC TO SUPPORT GENERAL OPERATIONS 350,000

ORCHESTRA OF THE AMERICAS GROUP INC

1701 RHODE ISLAND NW
WASHINGTON,DC20036 		  PC TO SUPPORT GENERAL OPERATIONS 20,000

ROBIN HOOD FOUNDATION

826 BROADWAY 9TH FLOOR
NEW YORK,NY10003 		  PC TO SUPPORT GENERAL OPERATIONS 1,000,000

SAINT ANNS SCHOOL

129 PIERREPONT ST
BROOKLYN,NY11201 		  PC RESTRICTED TO THE ANNUAL FUND 146,444

THE CONNECTICUT AUDUBON SOCIETY INCORPORATED

2325 BURR ST
FAIRFIELD,CT06430 		  PC TO SUPPORT GENERAL OPERATIONS 5,000

UNIFORMED FIREFIGHTERS ASSOCIATIONS SCHOLARSHIP FUND INC

204 E 23RD ST
NEW YORK CITY,NY10010 		  PC TO SUPPORT GENERAL OPERATIONS 2,000

WATERFORD INSTITUTE INC

4246 SOUTH RIVERBOAT ROAD SUITE 150
TAYLORSVILLE,UT84123 		  PC TO SUPPORT THE UPSTART PROGRAM GOAL OF BRIDGING EARLY EDUCATION GAP 505,794

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

WORLD CENTRAL KITCHEN INCORPORATED

200 MASSACHUSETTS AVE NW 7TH FLOOR
WASHINGTON,DC20001 		  PC RESTRICTED TO PROVIDE RELIEF IN UKRAINE PROJECT 10,000
Total .................................right arrow 3a 6,111,078
bApproved for future payment

CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES INC
1616 RHODE ISLAND AVE NW
WASHINGTON,DC20036 		  PC RESTRICTED TO SUPPORT THE ENDOWMENT CAMPAIGN 4,000,000
Total ................................. right arrow 3b 4,000,000
Form 990-PF (2023)
Form 990-PF (2023)
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 ....     14 8,021,022  
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 .....     14 7,019,339  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -39,562,028  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 -24,521,667 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-24,521,667
(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.)
Form 990-PF (2023)
Form 990-PF (2023)
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)
 
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
Yes
 
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) 203,300 DALIO FAMILY FUND INC REIMBURSEMENTS
1c 0 DALIO FAMILY FUND INC SHARED OFFICE SPACE USED FOR PROGRAMMATIC ACTIVITIES
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
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
2023
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) (2023)
Schedule B (Form 990) (2023) 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 DRD MAIN
 
ONE NYALA FARMS ROAD
 
WESTPORT, CT06880

$ 9,260,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
BELLE HAVEN AW LLC
 
ONE NYALA FARMS ROAD
 
WESTPORT, CT06880

$ 4,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
ESTATE OF MCCAULEY CONNER
 
31 WEST 52ND STREET
 
NEW YORK, NY10019

$ 871,950


(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.)
(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) (2023)
Schedule B (Form 990) (2023)
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
3
 ARTWORK $ 871,950 2023-07-25
(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) (2023)
Schedule B (Form 990) (2023)
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) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
DALIO FOUNDATION INC
EIN:
43-1965846
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 226,300 163,336   62,964

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

TY 2023 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
AVATAR ALLIANCE FOUNDATION
  		888 7TH AVENUE FLOOR 4
NEW YORK,NY10106 		2021-02-11 500,000 SECONDARY GRANTEE (1/4): ARCHANGEL ANCIENT TREE ARCHIVE, 16880 FRONT STREET, COPEMISH, MI 49625 SECONDARY GRANTEE DATE: 03/24/21 SECONDARY GRANTEE AMOUNT PAID: $50,000 SECONDARY AMOUNT EXPENDED: $50,000 PURPOSE: TO SUPPORT CLIMATE RELATED PROJECT TO PROPAGATE THE WORLD'S MOST IMPORTANT OLD GROWTH TREES THAT PROVIDE BENEFICIAL ECOSYSTEM SERVICES ESSENTIAL FOR ALL LIFE FORMS. 500,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/24/23 (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.
AVATAR ALLIANCE FOUNDATION
  		888 7TH AVENUE FLOOR 4
NEW YORK,NY10106 		2021-02-11 500,000 SECONDARY GRANTEE (2/4): KING BAUDOUIN FOUNDATION U.S. INC., 551 FIFTH AVENUE, SUITE 2400, NEW YORK, NY 10176 SECONDARY GRANTEE DATE: 05/12/21 SECONDARY GRANTEE AMOUNT PAID: $150,000 SECONDARY AMOUNT EXPENDED: $150,000 PURPOSE: TO SUPPORT OCEANOGRAPHIC TWILIGHT ZONE COMMUNICATIONS AND ENGAGEMENT. 500,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/24/23 (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.
AVATAR ALLIANCE FOUNDATION
  		888 7TH AVENUE FLOOR 4
NEW YORK,NY10106 		2021-02-11 500,000 SECONDARY GRANTEE (3/4): MUSEUM OF POP CULTURE, 120 6TH AVENUE N #100, SEATTLE, WA 98109 SECONDARY GRANTEE DATE: 05/12/21 SECONDARY GRANTEE AMOUNT PAID: $150,000 SECONDARY AMOUNT EXPENDED: $150,000 PURPOSE: TO SUPPORT INNOVATIVE MUSEUM AND CULTURAL CENTER AS VENUE FOR HOLOLENS POP-UP. 500,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/24/23 (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.
AVATAR ALLIANCE FOUNDATION
  		888 7TH AVENUE FLOOR 4
NEW YORK,NY10106 		2021-02-11 500,000 SECONDARY GRANTEE (4/4): PAPAHANAUMOKUAKEA MARINE DEBRIS PROJECT, 905 KALANIANAOLE HWY #5017, KAILUA, HI 96785 SECONDARY GRANTEE DATE: 05/26/21 SECONDARY GRANTEE AMOUNT PAID: $150,000 SECONDARY AMOUNT EXPENDED: $150,000 PURPOSE: TO SUPPORT MORE EXTENSIVE LIVING CORAL-MAPPING TO ACCELERATE CONSERVATION INTERVENTIONS 500,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/24/23 (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.
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, PRC SECONDARY GRANTEE DATE: 12/2018 SECONDARY GRANTEE AMOUNT PAID: $2,059,308 SECONDARY AMOUNT EXPENDED: $2,059,308 PURPOSE: TO SUPPORT CGPI'S PROGRAMS PROMOTING PHILANTHROPY EDUCATION IN CHINA. 5,916,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 03/15/21, 03/08/22, 03/13/23, 03/12/   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 (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, PRC SECONDARY GRANTEE DATE: 12/2018 SECONDARY GRANTEE AMOUNT PAID: $156,692 SECONDARY AMOUNT EXPENDED: $156,692 PURPOSE: TO SUPPORT CGPI'S HARVARD KENNEDY SCHOOL PROJECT PROMOTING PHILANTHROPY EDUCATION IN CHINA. 5,916,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 03/15/21, 03/08/22, 03/13/23, 03/12/   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 (3/6): CHBA, ROOM 1602, SOUTH TOWER, SHANGDU SOHONO 8, DONGDAQIAO ROAD, CHAOYANG DISTRICT, BEIJING,100020, CHINA SECONDARY GRANTEE DATE: 12/2018 SECONDARY GRANTEE AMOUNT PAID: $2,385,000 SECONDARY AMOUNT EXPENDED: $2,385,000 PURPOSE: TO SUPPORT HEALTH BASED INTERVENTIONS FOR CHILDREN WITH FEW RESOURCES WHO HAVE LIFE THREATENING DISEASES. 5,916,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 03/15/21, 03/08/22, 03/13/23, 03/12/   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 (4/6): DANDELION MIDDLE SCHOOL, 22ND TUANHE ROADSHOUBAOZHUANGXIHONGMENZHEN, DAXING DISTRICT, BEIJING, CHINA, 100162 SECONDARY GRANTEE DATE: 12/2018 SECONDARY GRANTEE AMOUNT PAID: $150,000 SECONDARY AMOUNT EXPENDED: $150,000 PURPOSE: TO SUPPORT MIDDLE SCHOOL EDUCATION FOR MIGRANT WORKERS' CHILDREN. 5,916,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 03/15/21, 03/08/22, 03/13/23, 03/12/   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 (5/6): CHINA DEVELOPMENT RESEARCH FOUNDATION (CDRF), FLOOR 15, TOWER A, IMPERIAL INTERNATIONAL CENTER, NO. 136, ANDINGMEN WAI AVENUE, DONGCHENG DISTRICT, BEIJING, CHINA, 100011 SECONDARY GRANTEE DATE: 12/2018 SECONDARY GRANTEE AMOUNT PAID: $950,000SECONDARY AMOUNT EXPENDED: $950,000 PURPOSE: TO SUPPORT EARLY CHILDHOOD EDUCATION IN RURAL, RESOURCE-CONSTRAINED POPULATIONS IN CHINA. 5,916,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 03/15/21, 03/08/22, 03/13/23, 03/12/   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 (6/6): BEIJING GANEN FOUNDATION (BGF), BEIJING, CHINA 100045 SECONDARY GRANTEE DATE: 12/2018 SECONDARY GRANTEE AMOUNT PAID: $215,000 SECONDARY AMOUNT EXPENDED: $215,000 PURPOSE: TO SUPPORT RURAL DEVELOPMENT EFFORTS IN RESOURCE-CONSTRAINED POPULATIONS IN CHINA. 5,916,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 08/01/18, 10/03/18, 03/14/19, 03/15/20, 03/15/21, 03/08/22, 03/13/23, 03/12/   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: 03/30/20 SECONDARY GRANTEE AMOUNT PAID: $1,000,000 SECONDARY GRANTEE AMOUNT EXPENDED: $1,000,000 PURPOSE: RESTRICTED TO FUND THE WORK OF THREE MEDICAL RESEARCH TEAMS RELATED TO THE CORONAVIRUS (COVID-19) OUTBREAK IN CHINA. 3,200,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/10/21, 03/08/22, 03/13/23, 03/12/24   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 (2/3): CHEN WANG RESEARCH TEAM, PEKING UNION MEDICAL COLLEGE EDUCATION FOUNDATION, DONGDAN SANTIAO, DONGCHENG DISTRICT, BEIJING. SECONDARY GRANTEE DATE PAID: 03/30/20 SECONDARY GRANTEE AMOUNT PAID: $1,000,000 SECONDARY GRANTEE AMOUNT EXPENDED: $1,000,000 PURPOSE: RESTRICTED TO FUND THE WORK OF THREE MEDICAL RESEARCH TEAMS RELATED TO THE CORONAVIRUS (COVID-19) OUTBREAK IN CHINA. 3,200,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/10/21, 03/08/22, 03/13/23, 03/12/24   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 (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: 03/30/20 SECONDARY GRANTEE AMOUNT PAID: $1,200,000 SECONDARY GRANTEE AMOUNT EXPENDED: $1,200,000 PURPOSE: RESTRICTED TO FUND THE WORK OF THREE MEDICAL RESEARCH TEAMS RELATED TO THE CORONAVIRUS (COVID-19) OUTBREAK IN CHINA. 3,200,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/10/21, 03/08/22, 03/13/23, 03/12/24   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, CHINA SECONDARY GRANTEE PAID DATE: 8/2020 SECONDARY GRANTEE AMOUNT PAID: $2,150,000 SECONDARY GRANTEE AMOUNT EXPENDED: $2,150,000 PURPOSE: RESTRICTED TO SUPPORT GRANTEE'S CHARITABLE WORK IN THE FIELDS OF CHILDREN WELFARE AND EDUCATION. 2,870,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/21, 03/08/22, 03/13/23, 03/12/24   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 (2/2): BEIJING DANDELION SCHOOL DANDELION MIDDLE SCHOOL, 22ND TUANHE ROADSHOUBAOZHUANGXIHONGMENZHEN, DAXING DISTRICT, BEIJING, CHINA, 100162 SECONDARY GRANTEE PAID DATE: 8/2020 SECONDARY GRANTEEE AMOUNT PAID: $720,000 SECONDARY GRANTEE AMOUNT EXPENDED: $720,000 PURPOSE: RESTRICTED TO SUPPORT GRANTEE'S CHARITABLE WORK IN THE FIELDS OF CHILDREN WELFARE AND EDUCATION. 2,870,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/21, 03/08/22, 03/13/23, 03/12/24   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.
FUNDACION LEGORRETA HERNANDEZ AC
  		AVENIDA CHAPULTEPEC 218 COL ROMA
NORTE DEL CU
CIUDAD DE MEXICO   CP 06700
MX 		2019-10-04 1,000,000 TO SUPPORT THE GRANTEE'S SELF-EMPLOYMENT PROGRAM AND COMMUNITY CENTER PROGRAM FOR UNDERSERVED POPULATIONS. 1,000,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 01/31/20, 02/25/21, 04/01/22, 03/02/23, 05/21/24   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, 03/01/17, 03/01/18, 03/01/19, 03/01/20, 09/30/21, 10/04/   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 INVESTMENT. TO 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. 3/18, 6/18, 10/19, 1/20, 4/20, 7/20, 2/21, 3/22, 2/23, 4/24   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 (1/3): INSTITUTE FOR INTERNATIONAL EDUCATION (IIE), ONE WORLD TRADE CENTER, 36TH FLOOR, NEW YORK, NY 10007 SECONDARY GRANTEE DATE PAID: 03/15/20 SECONDARY GRANTEE AMOUNT PAID: $160,000 SECONDARY GRANTEE AMOUNT EXPENDED: $160,000 PURPOSE: TO SUPPORT THE ENDOWMENT FOR THE RICHARD ROCKEFELLER FELLOWSHIP FOR EMERGING LEADERS IN CHINESE PHILANTHROPY 245,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/19, 04/02/20, 04/01/21, 03/30/22, 04/01/23, 03/01/24   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 (2/3): INSTITUTE FOR INTERNATIONAL EDUCATION (IIE), ONE WORLD TRADE CENTER, 36TH FLOOR, NEW YORK, NY 10007 SECONDARY GRANTEE DATE PAID: 03/15/22 SECONDARY GRANTEE AMOUNT PAID: $50,000 SECONDARY GRANTEE AMOUNT EXPENDED: $50,000 PURPOSE: TO SUPPORT THE ENDOWMENT FOR THE RICHARD ROCKEFELLER FELLOWSHIP FOR EMERGING LEADERS IN CHINESE PHILANTHROPY 245,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/19, 04/02/20, 04/01/21, 03/30/22, 04/01/23, 03/01/24   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 (3/3): OPERATIONALIZING MISSION LLC, 314 WEST 94TH STREET, APT 1B, NEW YORK, NEW YORK 10025 SECONDARY GRANTEE DATE PAID: 03/15/23 SECONDARY GRANTEE AMOUNT PAID: $35,000 SECONDARY GRANTEE AMOUNT EXPENDED: $35,000 PURPOSE: TO SUPPORT THE ENDOWMENT FOR THE RICHARD ROCKEFELLER FELLOWSHIP FOR EMERGING LEADERS IN CHINESE PHILANTHROPY 245,000 TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED. 03/15/19, 04/02/20, 04/01/21, 03/30/22, 04/01/23, 03/01/24   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 2023 GeneralExplanationAttachment
Name:
DALIO FOUNDATION INC
EIN:
43-1965846
Identifier Return Reference Explanation
FIVE HIGHEST-PAID INDEPENDENT CONTRACTORS FORM 990PF, PART VII, LINE 3 NAME AND ADDRESS:MARINO MANAGEMENT25 FORD ROADWESTPORT, CT 06880TYPE OF SERVICE:PROGRAMMATIC, CHARITABLE, INVESTMENT ADVISORY AND ADMINISTRATIVE SUPPORT

TY 2023 InvestmentsCorpStockSchedule
Name:
DALIO FOUNDATION INC
EIN:
43-1965846
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE EQUITIES 19,532,540 19,532,540

TY 2023 InvestmentsGovtObligationsSch
Name:
DALIO FOUNDATION INC
EIN:
43-1965846
US Government Securities - End of Year Book Value:

51,169,709
US Government Securities - End of Year Fair Market Value:

51,169,709
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 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 526,145,978 526,145,978
WATCHTOWER, LLC FMV 3,405,282 3,405,282
ACCION FRONTIER INCLUSION FUND FMV 23,711,100 23,711,100
BLACKIVY, LLC FMV 3,356,589 3,356,589
ACCION QUONA FMV 12,778,237 12,778,237
FUND 7 FMV 321,693,677 321,693,677
FUND 8 FMV 57,359,415 57,359,415
FUND 9 FMV 87,630,789 87,630,789
QUONA ACCION III FMV 3,714,181 3,714,181
SOUND HAVEN II FMV 32,478,290 32,478,290
FUND 10 FMV 36,405,690 36,405,690
FUND 11 FMV 186,120,141 186,120,141
QUONA OPPORTUNITY FUND, L.P. FMV 3,972,820 3,972,820
FUND 13 FMV 55,600,210 55,600,210
LONE VIEW CAPITAL FUND I-A, L.P. FMV 7,653,933 7,653,933
ARTWORK FMV 871,950 871,950

TY 2023 LandEtcSchedule2
Name:
DALIO FOUNDATION INC
EIN:
43-1965846
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
SOFTWARE 142,252 79,503 62,749 62,749
FURNITURE & FIXTURES 179,563 179,125 438 438
LEASEHOLD IMPROVEMENTS 890,786 284,130 606,656 606,656


TY 2023 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 917,267 720,691 720,691
GRAMEEN AMERICA SOCIAL BUSINESS FUND LLC 36,370 0 0
DIVIDENDS & INTEREST RECEIVABLE 297,412 249,055 249,055


TY 2023 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 1,594 0   1,594
INSURANCE 247 0   247
BACKGROUND CHECKS 242 0   242
DUES, SUBSCRIPTIONS, FEES AND SHIPPING 11,326 0   11,326
INFORMATION TECHNOLOGY AND COMMUNICATIONS 54,199 0   54,199
SERVICES & FEES - COMMUNITY SUPPORT CHARITABLE INITIATIVE 6,233 0   6,233
SUPPLIES & CONSULTING - COAT DRIVE CHARITABLE INITIATIVE 21,736 0   21,736
SUPPLIES & SERVICES - EDUCATION CHARITABLE INITIATIVE 337,226 0   337,226
PROGRAM DEVELOPMENT CONSULTING - EDUCATION CHARITABLE INITIATIVE 2,484,091 0   2,484,091
DEDUCTIONS FROM PASS THROUGH INVESTMENTS 0 1,809,315   0


TY 2023 OtherIncomeSchedule2
Name:
DALIO FOUNDATION INC
EIN:
43-1965846
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INCOME FROM PASS THROUGH   791,880  
IRC SEC 988 INVESTMENT INCOME 7,019,339 -7,143,107 7,019,339
PRI INCOME   -2,195  
SUBPART F INCOME   6,746,568  


TY 2023 OtherIncreasesSchedule
Name:
DALIO FOUNDATION INC
EIN:
43-1965846
Description Amount
UNREALIZED GAIN 69,095,845


TY 2023 OtherProfessionalFeesSchedule
Name:
DALIO FOUNDATION INC
EIN:
43-1965846
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CUSTODIAN FEES 369,606 369,606   0
INVESTMENT MANAGEMENT FEES 17,649 17,649   0
PHILANTHROPIC MGMT, INV ADVISORY, & BACK OFFICE SVCS 15,775,992 7,887,996   7,887,996


TY 2023 TaxesSchedule
Name:
DALIO FOUNDATION INC
EIN:
43-1965846
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 10,747 10,747   0
EXCISE TAX 3,322,381 0   0


TY 2023 TransfersToControlledEntities
Name:
DALIO FOUNDATION INC
EIN:
43-1965846
Name US /
Foreign Address		 EIN Description Amount
BW CCF-5 LTD ONE NYALA FARMS ROAD
WESTPORT,CT06880 		000000000 CAPITAL CONTRIBUTION 11,894,407
DALIO FAMILY FUND INC 1 GLENDINNING PLACE
WESTPORT,CT06880 		83-1575536 REIMBURSEMENTS 203,300
Total     12,097,707