Dareus Foundation Corporation
Preselected recipients only
Dareus Foundation Corporation is a private foundation in Hoover, Alabama. In tax year 2024 it gave $102,000 in 5 grants; the typical grant was $16,000 and the largest $31,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$102,000
- Number of grants5
- Typical grant$16,000
- Largest grant$31,000
- Assets$1.8 million
- New grantees80%
Giving in 2024 was up from $24,228 the year before.
80% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $24,228 | 1 | $3.0 million |
| 2024 | $102,000 | 5 | $1.8 million |
How to apply
Dareus Foundation Corporation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
Its grants went to recipients in 4 states, the most to Alabama.
| State | Grants | Amount |
|---|---|---|
| Alabama | 2 | $36,000 |
| California | 1 | $30,000 |
| New York | 1 | $16,000 |
| Florida | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Huffman School | General contribution | $31,000 |
| Eat Real Certified Inc | General contribution | $30,000 |
| Magic Box Inc | General contribution | $16,000 |
| Power of Life | General contribution | $10,000 |
| Bens Connects Com | General contribution | $5,000 |
Officers and trustees
- Marcel Dareus
- Kimberly Mariani
Questions people ask
Does Dareus Foundation Corporation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Dareus Foundation Corporation give?
$102,000 in tax year 2024, across 5 grants, with a typical grant of $16,000.
Who runs Dareus Foundation Corporation?
Its 2024 filing lists Marcel Dareus (Director) and Kimberly Mariani (Treasurer).