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Marjorie & Clarence E Unterberg Foundation Inc. is a private corporation based in RUMSON, NJ. The foundation received its IRS ruling in 1994. The principal officer is Thomas I Unterberg. It holds total assets of $2K. Annual income is reported at $3M. Total assets have decreased from $7.1M in 2011 to $1.6M in 2023. The foundation is governed by 2 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. According to available records, Marjorie & Clarence E Unterberg Foundation Inc. has made 43 grants totaling $3.6M, with a median grant of $10K. The foundation has distributed between $228K and $1.3M annually from 2020 to 2023. Individual grants have ranged from $500 to $1.3M, with an average award of $85K. The foundation has supported 28 unique organizations. Grants have been distributed to organizations in New York and New Jersey and Massachusetts. 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.
Marjorie & Clarence E Unterberg Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in NY, NJ, MA.
Marjorie & Clarence E Unterberg Foundation Inc. has distributed a total of $3.6M across 43 grants. The median grant size is $10K, with an average of $85K. Individual grants have ranged from $500 to $1.3M.
Marjorie & Clarence E Unterberg Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Marjorie & Clarence E Unterberg Foundation Inc. is headquartered in RUMSON, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Debare | PRESIDENT | $0 | $0 | N/A |
| Andrew Arno | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$1.6M
Fair Market Value
$2.1M
Net Worth
$1.6M
Grants Paid
$1.3M
Contributions
N/A
Net Investment Income
$87K
Distribution Amount
$101K
Total: $322K
Total Grants
43
Total Giving
$3.6M
Average Grant
$85K
Median Grant
$10K
Unique Recipients
28
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Monmonth Medical Center FoundationGENERAL SUPPORT | Long Branch, NJ | $518K | 2023 |
| Community Funds IncGENERAL SUPPORT | New York, NY | $500K | 2023 |
| Monmouth UniversityGENERAL SUPPORT | West Long Branch, NJ | $111K | 2023 |
| Lincoln Center For The Performing ArtsGENERAL SUPPORT | New York, NY | $50K | 2023 |
| The New 42nd Street IncGENERAL SUPPORT | New York, NY | $40K | 2023 |
| Visiting Nurse Association Of Central Jersey IncGENERAL SUPPORT | Red Bank, NJ | $25K | 2023 |
| Lunch BreakGENERAL SUPPORT | Red Bank, NJ | $10K | 2023 |
| Bruce Springsteen Archive Center For American Music (Monmouth University)GENERAL SUPPORT | West Long Branch, NJ | $10K | 2023 |
| AspcaGENERAL SUPPORT | New York, NY | $5K | 2023 |
| Central Park ConservancyGENERAL SUPPORT | New York, NY | $5K | 2023 |
| American Ballet TheatreGENERAL SUPPORT | New York, NY | $3K | 2023 |
| New York Junior Tennis & LearningGENERAL SUPPORT | Long Island City, NY | $3K | 2023 |
| The New SchoolGENERAL SUPPORT | New York, NY | $1K | 2023 |
| Monmouth County SpcaGENERAL SUPPORT | Eatontown, NJ | $1K | 2023 |
| Shore House IncGENERAL SUPPORT | Long Branch, NJ | $500 | 2023 |
| Uja Federation Of NyGENERAL SUPPORT | New York, NY | $100K | 2022 |
| Princeton UniversityGENERAL SUPPORT | Princeton, NJ | $30K | 2022 |
| Congregation Shearith IsraelGENERAL SUPPORT | New York, NY | $25K | 2022 |
| Monmouth Medical Center FoundationGENERAL SUPPORT | Long Branch, NJ | $18K | 2022 |
| Caring Kind NycGENERAL SUPPORT | New York, NY | $1K | 2022 |
| Mount SinaiGENERAL SUPPORT | New York, NY | $1K | 2022 |
| Boston Children'S HospitalGENERAL SUPPORT | Boston, MA | $50K | 2021 |
| Mounmonth Medical Center FoundationGENERAL SUPPORT | Long Branch, NJ | $40K | 2021 |
| Monmouht UniversityGENERAL SUPPORT | West Long Branch, NJ | $10K | 2021 |
| Brookdale Community CollegeGENERAL SUPPORT | Lincroft, NJ | $5K | 2021 |
| Association Of Community Employment ProgramGENERAL SUPPORT | Queens, NY | $1K | 2021 |
| Northside Center For Child DevelopmentGENERAL SUPPORT | New York, NY | $1K | 2021 |
| See Statement AttachedGENERAL CHARITABLE PURPOSE | New York, NY | $1.3M | 2020 |