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The Ruthmarc Foundation Inc. is a private corporation based in SURFSIDE, FL. The foundation received its IRS ruling in 2001. The principal officer is % Andrew M Okun. It holds total assets of $628K. Annual income is reported at $674K. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Ruthmarc Foundation Inc. has made 67 grants totaling $1.7M, with a median grant of $21K. Annual giving has decreased from $593K in 2021 to $208K in 2024. Grantmaking activity was highest in 2022 with $635K distributed across 26 grants. Individual grants have ranged from $5K to $68K, with an average award of $25K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in New Jersey, Florida, District of Columbia, which account for 49% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
The Ruthmarc Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in NJ, FL, DC.
The Ruthmarc Foundation Inc. has distributed a total of $1.7M across 67 grants. The median grant size is $21K, with an average of $25K. Individual grants have ranged from $5K to $68K.
The Ruthmarc Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Ruthmarc Foundation Inc. is headquartered in SURFSIDE, FL. While based in FL, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Andrew M Okun | PRESIDENT/TREASURER | $0 | $0 | $0 |
| Laurie R Okun | VICE PRESIDENT/SECRETARY | $0 | $0 | $0 |
Total Giving
$208K
Total Assets
$661K
Fair Market Value
$881K
Net Worth
$661K
Grants Paid
$208K
Contributions
$0
Net Investment Income
$314K
Distribution Amount
$44K
Total Grants
67
Total Giving
$1.7M
Average Grant
$25K
Median Grant
$21K
Unique Recipients
16
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Seeds AccessEDUCATIONAL ACTIVITIES | Newark, NJ | $68K | 2024 |
| Mount Sinai Medical Center FoundationPUBLIC INTEREST | Miami Beach, FL | $50K | 2024 |
| Cleveland Clinic Philanthropy InstitutePUBLIC INTEREST | Cleveland, OH | $36K | 2024 |
| Princeton Medical Center FndPUBLIC INTEREST | Princeton, NJ | $18K | 2024 |
| Achieve MiamiEDUCATIONAL ACTIVITIES | Coral Gables, FL | $11K | 2024 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2020 | 990PF | View |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| Institute For JusticeLIBERTARIAN PUBLIC INTEREST | Washington, DC | $36K | 2023 |
| Reason FoundationLIBERTARIAN PUBLIC INTEREST | Los Angeles, CA | $30K | 2023 |
| Drug Policy AllianceEDUCATIONAL ACTIVITIES | New York, NY | $21K | 2023 |
| Cato InstituteEDUCATIONAL ACTIVITIES | Washington, DC | $21K | 2023 |
| Students For LibertyEDUCATIONAL ACTIVITIES | Arlington, VA | $12K | 2023 |
| Art Of Problem SolvingEDUCATIONAL ACTIVITIES | Alpine, CA | $9K | 2023 |
| MathcampEDUCATIONAL ACTIVITIES | Cambridge, MA | $5K | 2023 |
| Foundation For Economic EducationEDUCATIONAL ACTIVITIES | Irvingtononhudson, NY | $5K | 2023 |
| Stacy Joy Goodman FoundationPUBLIC INTEREST | Miami Beach, FL | $54K | 2022 |
| Conscious CapitalismEDUCATIONAL ACTIVITIES | Warren, MI | $18K | 2022 |
| Nj SeedsEDUCATIONAL ACTIVITIES | Newark, NJ | $65K | 2021 |
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