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Margolis Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1969. The principal officer is David I Margolis. It holds total assets of $361K. Annual income is reported at $38K. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in New York, Maryland and California. According to available records, Margolis Foundation Inc. has made 22 grants totaling $53K, with a median grant of $2K. The foundation has distributed between $27K and $27K annually from 2022 to 2023. Individual grants have ranged from $500 to $6K, with an average award of $2K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in New York and California and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$2K
Largest Grant
$6K
Based on 10 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.
Margolis Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in NY, CA, MD.
Margolis Foundation Inc. has distributed a total of $53K across 22 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $500 to $6K.
Margolis Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Margolis Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nancy Margolis King | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Brian Margolis | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Joseph P Toce Jr | TREASURER/DIRECTOR | $0 | $0 | N/A |
| Robert Margolis | DIRECTOR | $0 | $0 | N/A |
Total Giving
$27K
Total Assets
$367K
Fair Market Value
$410K
Net Worth
$367K
Grants Paid
$27K
Contributions
N/A
Net Investment Income
$27K
Distribution Amount
$19K
Total: N/A
Total Grants
22
Total Giving
$53K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Newport Festivals Foundation IncGENERAL PURPOSE | New York, NY | $6K | 2023 |
| Food Education FundGENERAL PURPOSE | New York, NY | $5K | 2023 |
| Peconic Bay Medical CenterGENERAL PURPOSE | Riverhead, NY | $2K | 2023 |
| Peconic Baykeeper IncGENERAL PURPOSE | Quogue, NY | $2K | 2023 |
| Doctors Without BordersGENERAL PURPOSE | New York, NY | $2K | 2023 |
| Cure DuchenneGENERAL PURPOSE | Newport Beach, CA | $2K | 2023 |
| Bladder Cancer Advocacy NetworkGENERAL PURPOSE | Bethesda, MD | $2K | 2023 |
| Osborne AssociationGENERAL PURPOSE | Bronx, NY | $2K | 2023 |
| Visiting NeighborsGENERAL PURPOSE | New York, NY | $2K | 2023 |
| Quogue Free LibraryGENERAL PURPOSE | Quogue, NY | $1K | 2023 |
| Quogue Fire DepartmentGENERAL PURPOSE | Quogue, NY | $500 | 2023 |