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Marrus Family Foundation Inc. is a private corporation based in RUMSON, NJ. The foundation received its IRS ruling in 1968. The principal officer is Levine & Seltzer. It holds total assets of $23.2M. Annual income is reported at $8.9M. Total assets have grown from $10.5M in 2011 to $23.2M in 2024. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2024. According to available records, Marrus Family Foundation Inc. has made 142 grants totaling $2M, with a median grant of $3K. Individual grants have ranged from $100 to $450K, with an average award of $14K. The foundation has supported 71 unique organizations. The foundation primarily supports organizations in Ohio, New York, Massachusetts, which account for 72% of all grants. Grantmaking reaches organizations across 10 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.
Marrus Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 142 grants. Its grantmaking reaches organizations primarily in OH, NY, MA.
Marrus Family Foundation Inc. has distributed a total of $2M across 142 grants. The median grant size is $3K, with an average of $14K. Individual grants have ranged from $100 to $450K.
Marrus Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Marrus Family Foundation Inc. is headquartered in RUMSON, NJ. While based in NJ, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Marrus | PRESIDENT | $0 | $0 | N/A |
| David Marrus | VICE PRESIDENT | $0 | $0 | N/A |
| Andrew Marrus | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$23.2M
Fair Market Value
N/A
Net Worth
$23.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
142
Total Giving
$2M
Average Grant
$14K
Median Grant
$3K
Unique Recipients
71
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Endowment FoundationCHARITY | Hudson, OH | $450K | 2022 |
| JumpstartCHARITY | Boston, MA | $51K | 2022 |
| Museum Of The City Of NyCHARITY | New York, NY | $50K | 2022 |
| Brighams And Womens HospitalCHARITY | Boston, MA | $50K | 2022 |
| Congregation EmanuelCHARITY | New York, NY | $35K | 2022 |
| Rising Treetops At OakhurstCHARITY | New York, NY | $30K | 2022 |
| Phillips AcademyCHARITY | Andover, MA | $27K | 2022 |
| St Mark'S SchoolCHARITY | Southborough, MA | $25K | 2022 |
| Rema Hort FoundationCHARITY | New York, NY | $21K | 2022 |
| Opening ActCHARITY | Brooklyn, NY | $20K | 2022 |
| Monmouth Medical Center FoundationCHARITY | Long Branch, NJ | $20K | 2022 |
| Dartmouth CollegeCHARITY | Hanover, NH | $20K | 2022 |
| Count Basie Theater FoundationCHARITY | Red Bank, NJ | $18K | 2022 |
| Rumson First AidCHARITY | Rumson, NJ | $16K | 2022 |
| Wellesley CollegeCHARITY | Wellesley, MA | $15K | 2022 |
| The Arthur ProjectCHARITY | New York, NY | $15K | 2022 |
| Pomfret SchoolCHARITY | Pomfret Center, CT | $15K | 2022 |
| The Summer CampCHARITY | Bridgton, ME | $14K | 2022 |
| Camp Dudley YmcaCHARITY | Westport, NY | $10K | 2022 |
| Williams CollegeCHARITY | Williamstown, MA | $9K | 2022 |
| Brown University Sports FoundationCHARITY | Providence, RI | $8K | 2022 |
| The Buckley SchoolCHARITY | New York, NY | $6K | 2022 |
| Trinity SchoolCHARITY | New York, NY | $5K | 2022 |
| Columbia Business SchoolCHARITY | New York, NY | $5K | 2022 |
| MitCHARITY | Cambridge, MA | $5K | 2022 |
| Friends Of Hudson River ParkCHARITY | New York, NY | $5K | 2022 |
| Wake Forest UniversityCHARITY | Winstonsalem, NC | $5K | 2022 |