Joseph L & Sarah S Marcum Foundation

Organization Overview

Joseph L & Sarah S Marcum Foundation is located in Chicago, IL. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Joseph L & Sarah S Marcum 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 12/2021, Joseph L & Sarah S Marcum Foundation generated $6.4m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $18.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

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Board, Officers & Key Employees

Name (title)Compensation
Joseph L Marcum
Chairman
$0
Catherine M Lowe
Trustee
$20,000
M Christina Manchester
Trustee
$20,000
Sarah M Shuffield
Trustee
$20,000
Stephen S Marcum
Trustee
$20,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $26,394
Interest on Savings $0
Dividends & Interest $20,782
Net Rental Income$0
Net Gain on Sale of Assets $6,372,261
Capital Gain Net Income $6,372,261
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $6,419,437

Grants Awarded

Over the last fiscal year, Joseph L & Sarah S Marcum Foundation has awarded $17,900,000 in support to 3 organizations.

Grant RecipientAmount

HAMILTON COMMUNITY FOUNDATION

PURPOSE: SARAH M. SHUFFIELD FUND

$9,075,000

DAYTON FOUNDATION

PURPOSE: GENERAL

$5,700,000

VANGUARD CHARITABLE ENDOWMENT PROGRAM

PURPOSE: GENERAL

$3,125,000
View Grant Profile

Peer Organizations

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Pritzker Foundation
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$36,193,620
William R Kenan Jr Charitable Trust
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$81,478,601
John Deere Foundation
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$17,667,361
Claude And Betty Harris Foundation Inc
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$6,969,966
Hall Family Foundation
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$87,869,006
Circle Of Service Foundation
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$55,153,209
Alsam Foundation
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$9,030,574
Bader Philanthropies Inc
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Abbvie Foundation
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Allstate Foundation
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Marion And Henry Bloch Family Foundation
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Polk Bros Foundation Inc
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$57,050,478
Patterson Family Foundation
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$14,332,622
Ace Hardware Foundation
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$22,144,186
Kiewit Companies Foundation
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$36,875,183
Trott Family Foundation
Chicago, IL
$2,395,873
U S Bancorp Foundation
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$567,434
Elevance Health Foundation Inc
Indianapolis, IN
$25,472,782
Louis L & Adelaide C Ward Foundation
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$367,325
Dean & Barbara White Family Foundation Inc
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$105,867,538

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