Nonprofit · EIN 58-1815651
MARCUS FOUNDATION INC
Tax-exempt · ATLANTA, GA 30327
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF (amended) | $547,934,030 | $261,620,885 | $286,313,145 | $366,827,569 | $425,132,807 | -$58,305,238 |
| December 31, 2023 | 990-PF | $222,024,981 | $223,457,384 | -$1,432,403 | $103,973,296 | $427,789,831 | -$323,816,535 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $538,642,545
- Dividends
- $3,465,292
- Net gain from sales of assets
- $5,820,684
- Other income
- $5,509
Expenses
- Grants and similar amounts paid
- $227,455,181
- Compensation of officers, directors and key employees
- $1,201,601
- Salaries, compensation and benefits (total)
- $1,849,008
- Disbursements for charitable purposes
- $258,879,196
- Excise tax on investment income
- $2,009,019
Balance sheet and other
- Total assets, start of year
- $103,973,296
- Total assets, end of year
- $366,827,569
- Total liabilities, end of year
- $425,132,807
- Net assets, end of year
- -$58,305,238
- Fair market value of assets
- $366,827,569
- Qualifying distributions
- $258,879,196
- Net investment income
- $145,257,088
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MEDICAL DIRECTOR 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | MEDICAL DIRECTOR Highest-paid employee | 40 | $839,035 | $156,370 |
| JAY KAIMAN 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR AND PRESIDENT | 40 | $570,048 | $103,445 |
| RENAY BLUMENTHAL 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | VICE PRESIDENT | 40 | $423,907 | $65,806 |
| PROG OFFICER 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | PROG OFFICER Highest-paid employee | 40 | $247,304 | $78,813 |
| PROG OFFICER 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | PROG OFFICER Highest-paid employee | 40 | $240,362 | $77,616 |
| PROG OFFICER 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | PROG OFFICER Highest-paid employee | 40 | $112,573 | $57,480 |
| DOUGLAS P DINAPOLI 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | CHIEF FINANCIAL OFFICER | 10 | $107,531 | $22,599 |
| EXCECUTIVE ASSISTANT 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | EXCECUTIVE ASSISTANT Highest-paid employee | 40 | $98,327 | $32,101 |
| FREDERICK MARCUS 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 10 | $50,076 | $45,556 |
| MICHAEL MORRIS 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 10 | $50,039 | $35,379 |
| BERNARD MARCUS 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | FORMER CHAIRMAN | 10 | $0 | $0 |
| KEN LANGONE 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 | $0 |
| DOUG HERTZ 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 | $0 |
| FREDERICK SLAGLE 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | FORMER SEC/TREASURER | 5 | $0 | $0 |
| JAMES GRIEN 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY SMITH 1266 W PACES FERRY RD 615, ATLANTA, GA 30339 | DIRECTOR | 2 | $0 |
| MICHAEL LEVEN 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 |
| FRANK BLAKE 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR AND CHAIRMAN | 20 | $0 |
| TINA PRICE 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 |
| TONY GELBART 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SIMMONS J 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | MEDICAL DIRECTOR Highest-paid employee | 40 | $807,094 | $147,123 |
| JAY KAIMAN 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | PRESIDENT | 40 | $549,008 | $97,695 |
| RENAY BLUMENTHAL 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | VICE PRESIDENT | 40 | $407,362 | $63,325 |
| RUZEK M 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | PROG OFFICER Highest-paid employee | 40 | $237,008 | $71,721 |
| KAISER-BLUETH J 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | PROG OFFICER Highest-paid employee | 40 | $230,396 | $70,573 |
| DOUGLAS P DINAPOLI 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | FINANCE DIRECTOR | 10 | $123,243 | $25,074 |
| NORTHCUTT A 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | EXCECUTIVE ASSISTANT Highest-paid employee | 40 | $95,520 | $29,561 |
| BRAID R 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | GRANTS ADMINISTRATOR Highest-paid employee | 40 | $86,850 | $48,923 |
| FREDERICK MARCUS 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 10 | $51,140 | $43,167 |
| MICHAEL MORRIS 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 10 | $50,056 | $19,335 |
| BERNARD MARCUS 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | CHAIRMAN | 10 | $0 | $0 |
| KEN LANGONE 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 | $0 |
| DOUG HERTZ 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 | $0 |
| FREDERICK SLAGLE 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | SEC/TREASURER | 5 | $0 | $0 |
| JAMES GRIEN 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 | $0 |
| LARRY SMITH 1266 W PACES FERRY RD 615, ATLANTA, GA 30339 | DIRECTOR | 2 | $0 | $0 |
| MICHAEL LEVEN 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 | $0 |
| FRANK BLAKE 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 | $0 |
| TINA PRICE 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 | $0 |
| TONY GELBART 1266 W PACES FERRY RD 615, ATLANTA, GA 30327 | DIRECTOR | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1266 W PACES FERRY RD NW, ATLANTA, GA 30327-2306
- In care of
- % TILLER STEWART & CO LLC
- Signed the 990-PF
- DOUGLAS P DINAPOLI, CFO
- Phone
- (404) 240-7700
- Return prepared by
- MSTILLER LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 58-1815651
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $366,827,569
- Income (IRS master file)
- $694,108,684
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $547,934,030 | $261,620,885 | $366,827,569 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $222,024,981 | $223,457,384 | $103,973,296 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1815651).
Questions about MARCUS FOUNDATION INC
- What is the EIN of MARCUS FOUNDATION INC?
- The employer identification number (EIN) of MARCUS FOUNDATION INC is 58-1815651.
- Is MARCUS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to MARCUS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARCUS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARCUS FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARCUS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MARCUS FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 20 people; 10 received compensation from the organization, the highest $839,035 (MEDICAL DIRECTOR, MEDICAL DIRECTOR).
- How much revenue does MARCUS FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $547,934,030, expenses of $261,620,885 and total assets of $366,827,569 at year end.
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