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The Margaret And Daniel Ranzman Foundation Inc. is a private corporation based in PARSIPPANY, NJ. The foundation received its IRS ruling in 1987. The principal officer is Leonard Schwartz. It holds total assets of $1.9M. Annual income is reported at $760K. Total assets have grown from $1.4M in 2011 to $1.7M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in New York and Florida. According to available records, The Margaret And Daniel Ranzman Foundation Inc. has made 6 grants totaling $219K, with a median grant of $37K. Annual giving has grown from $75K in 2023 to $144K in 2024. Individual grants have ranged from $2K to $83K, with an average award of $36K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Florida and New York and Arizona. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$11K
Average Grant
$15K
Largest Grant
$34K
Based on 4 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.
The Margaret And Daniel Ranzman Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in FL, NY, AZ.
The Margaret And Daniel Ranzman Foundation Inc. has distributed a total of $219K across 6 grants. The median grant size is $37K, with an average of $36K. Individual grants have ranged from $2K to $83K.
The Margaret And Daniel Ranzman Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Margaret And Daniel Ranzman Foundation Inc. is headquartered in PARSIPPANY, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Margaret Kuo Ranzman | PRESIDENT | $0 | $0 | N/A |
| Gary Lee Holcomb | OFFICER | $0 | $0 | N/A |
| Emmaline Kuo Ranzman | OFFICER | $0 | $0 | N/A |
Total Giving
$153K
Total Assets
$1.7M
Fair Market Value
$2M
Net Worth
$1.7M
Grants Paid
$144K
Contributions
$274K
Net Investment Income
$105K
Distribution Amount
$91K
Total: $1.1M
Total Grants
6
Total Giving
$219K
Average Grant
$36K
Median Grant
$37K
Unique Recipients
5
Most Common Grant
$51K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ny PresbyterianGENERAL | New York, NY | $83K | 2024 |
| Morton Plant Mease Health Care FoundationGENERAL | Clearwater, FL | $51K | 2024 |
| Nepal Education And DevelopmentGENERAL | — | $10K | 2024 |
| Arizona School Of AcupuntureGENERAL | Tucson, AZ | $22K | 2023 |
| Young Adult InstituteGENERAL | New York, NY | $2K | 2023 |