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Also known as: FOUNDATION INC
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Phyllis Margolius Family Foundation Inc. is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2015. It holds total assets of $343K. Annual income is reported at $101K. Total assets have grown from $184K in 2014 to $332K 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 2016 to 2023. According to available records, Phyllis Margolius Family Foundation Inc. has made 3 grants totaling $68K, with a median grant of $20K. Annual giving has decreased from $40K in 2020 to $20K in 2023. Individual grants have ranged from $8K to $40K, with an average award of $23K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Maryland. 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.
Phyllis Margolius Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MD.
Phyllis Margolius Family Foundation Inc. has distributed a total of $68K across 3 grants. The median grant size is $20K, with an average of $23K. Individual grants have ranged from $8K to $40K.
Exempt organizations under irc section 501(c)(3) for public charitable purposes.
Phyllis Margolius Family Foundation Inc. is headquartered in WASHINGTON, DC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Philip N Margolius | PRESIDENT | $0 | $0 | N/A |
| David Margolius | VICE PRESIDENT | $0 | $0 | N/A |
| Kenneth Margolius | SECRETARY - TREASURER | $0 | $0 | N/A |
Total Giving
$42K
Total Assets
$332K
Fair Market Value
$383K
Net Worth
$331K
Grants Paid
$20K
Contributions
$52K
Net Investment Income
$3K
Distribution Amount
$17K
Total Grants
3
Total Giving
$68K
Average Grant
$23K
Median Grant
$20K
Unique Recipients
3
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jewish Community Relations Council Of Greater WashingtonCHARITABLE PURPOSE | North Bethesda, MD | $20K | 2023 |
| Jewish Federation Of Greater WashingANNUAL CAMPAIGN - CHARITABLE PURPOSE | North Bethesda, MD | $8K | 2022 |
| Ohr Kodesh CongregationCHARITABLE CONTRIBUTION | Chevy Chase, MD | $40K | 2020 |