Georg & Judy Marcus Family Foundation
- Assets
- $59.0m
- Revenue
- $14.6m
- Investments
- $41.0m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 04/2009
- Data as of
- 12/2022
- EIN
- 26-4647256
Organization Overview
Georg & Judy Marcus Family Foundation is located in Palo Alto, CA. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georg & Judy Marcus Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Georg & Judy Marcus Family Foundation generated $14.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $15.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Georg & Judy Marcus Family Foundation has awarded 336 individual grants totaling $79,893,206. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George M Marcus Trustee | 1 | $0 | |
Judith A Marcus Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,000,000 |
| Interest on Savings | $62,186 |
| Dividends & Interest | $1,529,779 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,591,965 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $37,515 |
| Contributions, gifts, grants paid | $15,205,816 |
| Total expenses and disbursements | $15,243,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,096 |
| Savings and temporary cash investments | $17,789,706 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $40,966,114 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $97,364 |
| Total assets | $59,046,280 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $476,577 |
| Total liabilities | $476,577 |
Grants Awarded
Over the last fiscal year, Georg & Judy Marcus Family Foundation has awarded $15,205,816 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: CHARITY | $25,000 |
AHEPA FOUNDATION PURPOSE: CHARITY | $35,000 |
AMERICAN HELLENIC INSTITUTE PURPOSE: GENERAL FUND | $41,000 |
A SAFE HAVEN FOR NEWBORNS PURPOSE: CHARITY | $25,000 |
AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS PURPOSE: CHARITY | $125,000 |
ARION PURPOSE: GENERAL FUND | $25,000 |