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Edward And Shirley Marx Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1999. The principal officer is Ms Shirley Marx. It holds total assets of $591K. Annual income is reported at $69K. Total assets have decreased from $962K in 2011 to $570K in 2023. The foundation is governed by 7 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Edward And Shirley Marx Foundation has made 6 grants totaling $68K, with a median grant of $10K. Annual giving has grown from $20K in 2022 to $48K in 2023. Individual grants have ranged from $5K to $20K, with an average award of $11K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Virginia, Wyoming, Illinois, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Edward And Shirley Marx Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in VA, WY, IL.
Edward And Shirley Marx Foundation has distributed a total of $68K across 6 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $5K to $20K.
Edward And Shirley Marx Foundation typically selects its grantees rather than accepting unsolicited proposals.
Edward And Shirley Marx Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Edward M Marx Jr | VICE PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Quintin S Marx | VICE PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Richard J Wilkus | VICE PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Olga Marx | SECRETARY & DIRECTOR | $0 | $0 | N/A |
| Patricia Marx | TREASURER & DIRECTOR | $0 | $0 | N/A |
| Frances Marx | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| David W Marx | VICE PRESIDENT & DIRECTOR | $0 | $0 | N/A |
Total Giving
$51K
Total Assets
$570K
Fair Market Value
$1.5M
Net Worth
$570K
Grants Paid
$48K
Contributions
$20K
Net Investment Income
$41K
Distribution Amount
$72K
Total Grants
6
Total Giving
$68K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sma FoundationUNRESTRICTED | Jackson, WY | $20K | 2023 |
| The Jewish Club Of ChicagoUNRESTRICTED | Chicago, IL | $13K | 2023 |
| Moving And Storage InstituteUNRESTRICTED | Washington, DC | $10K | 2023 |
| Jk Community FarmUNRESTRICTED | Purcellville, VA | $5K | 2023 |
| American Trucking Associations IncUNRESTRICTED | Arlington, VA | $10K | 2022 |