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Marcum Foundation is a private corporation based in BLACKSBURG, VA. The foundation received its IRS ruling in 2015. The principal officer is Ronnie Marcum. It holds total assets of $1.1M. Annual income is reported at $585K. Total assets have grown from $110K in 2013 to $1.1M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Virginia and North Carolina. According to available records, Marcum Foundation has made 94 grants totaling $141K, with a median grant of $500. Annual giving has grown from $25K in 2020 to $34K in 2023. Grantmaking activity was highest in 2022 with $54K distributed across 44 grants. Individual grants have ranged from N/A to $12K, with an average award of $2K. The foundation has supported 37 unique organizations. The foundation primarily supports organizations in Virginia, North Carolina, Tennessee, which account for 85% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
N/A
Median Grant
$500
Average Grant
$1K
Largest Grant
$8K
Based on 17 grants from the most recent 990-PF filing.
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.
Marcum Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 94 grants. Its grantmaking reaches organizations primarily in VA, NC, TN.
Marcum Foundation has distributed a total of $141K across 94 grants. The median grant size is $500, with an average of $2K. Individual grants have ranged from N/A to $12K.
Marcum Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (464244195) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Marcum Foundation is headquartered in BLACKSBURG, VA. While based in VA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Casey Austin Marcum | DIRECTOR | $0 | $0 | N/A |
| Alice Faye Marcum | PRESIDENT | $0 | $0 | N/A |
| Monte Alan Marcum | DIRECTOR | $0 | $0 | N/A |
Total Giving
$40K
Total Assets
$1.1M
Fair Market Value
$1.2M
Net Worth
$1.1M
Grants Paid
$34K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
$33K
Total: $153K
Total Grants
94
Total Giving
$141K
Average Grant
$2K
Median Grant
$500
Unique Recipients
37
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Virginia Tech FoundationEDUCATIONAL | Blacksburg, VA | $12K | 2023 |
| Vt Athletic FundCHARITABLE | Blacksburg, VA | $7K | 2023 |
| Eagles Nest RegenerationCHARITABLE | Floyd, VA | $6K | 2023 |
| Radford University Fellowship Of ChCHARITABLE | Radford, VA | $2K | 2023 |
| Radford University FoundationEDUCATIONAL | Radford, VA | $2K | 2023 |
| Vt Fellowship Of Christian AthletesCHARITABLE | Blacksburg, VA | $1K | 2023 |
| Monroe County Friends Of AnimalsCHARITABLE | Vonore, TN | $1K | 2023 |
| Duke Cancer InstituteEDUCATIONAL | Durham, NC | $1K | 2023 |
| Wvu FoundationEDUCATIONAL | Morgantown, WV | $600 | 2023 |
| Peo ChapterCHARITABLE | Pulaski, VA | $300 | 2023 |
| Blacksburg Sports ClubCHARITABLE | Blacksburg, VA | $275 | 2023 |
| St Paul'S Methodist ChurchCHARITABLE | Christiansburg, VA | $200 | 2023 |
| Blacksburg Battles CancerCHARITABLE | Blacksburg, VA | $125 | 2023 |
| Riverview Cemetery FundCHARITABLE | Big Stone Gap, VA | N/A | 2023 |
| Blacksburg Museum & Cultural FoundationCHARITABLE | Blacksburg, VA | $5K | 2022 |
| Vt Fellowshio Of Christian AthletesCHARITABLE | Blacksburg, VA | $1K | 2022 |
| Laasers Ladybug SocietyCHARITABLE | Henrico, VA | $500 | 2022 |
| SertcCHARITABLE | Blacksburg, VA | $500 | 2022 |
| Prostate Cancer FoundationCHARITABLE | Santa Monica, CA | $200 | 2022 |
| Suffolk Bible Baptist ChruchCHARITABLE | Suffolk, VA | $200 | 2022 |
| P Buckley Moss FoundationCHARITABLE | Matthews, VA | $200 | 2022 |
| Montgomery County Christmas StoreCHARITABLE | Christiansburg, VA | $100 | 2022 |
| The Als AssociationCHARITABLE | Boone, IA | $100 | 2022 |
| Blue Ridge Christian CampCHARITABLE | Mccoy, VA | $100 | 2022 |
| James F Wolfe Memorial ScholarshipCHARITABLE | Blacksburg, VA | $100 | 2022 |