Dr Frank C Marino Foundation Inc

BALTIMORE, MD EIN: 52-0781407

The Dr Frank C Marino Foundation is a private foundation established in Maryland in 1957 and based in Baltimore, MD. The foundation operates as a 501(c)(3) tax-exempt organization with no employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+3.7% YoY

Annual Giving

$92K

-0.5% YoY

Grant Count

76

-46.5% YoY

Avg Grant Size

$1K

+85.8% YoY

Under IRS private-foundation payout rules, Dr Frank C Marino Foundation Inc reported a distributable amount of $104K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grantmaking focuses on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation provides grants for the general purpose of its recipients, with primary geographic focus in Maryland, Colorado, and the District of Columbia.

Grantmaking

Total giving in 2023 was $92,900 across approximately 101 grants (with 156 total grants made).

Average Grant

amount varies by year

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Maryland
  • Colorado
  • District of Columbia

Grant Distribution by State

20states
+12 more states

Cities

AlexandriaAnnapolisArbutusArlingtonAspenAtlantaBaltimoreBerlinBethesdaCarlisleCatonsvilleCherry HillChesterfieldChicagoCockeysvilleColorado SpringsColumbiaDallasEllicott CityEstes Park

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $1,477,799
  • Total Revenues: $36,832
  • Total Expenses: $113,771
  • Total Giving: $92,900
  • Investment Income and Dividends: $42,827
  • Total Liabilities: $0

As of December 31, 2022:

  • Investment Income and Dividends: $33,931

The foundation's investment income increased 26.2% from 2022 to 2023.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$47K$94K$141K$189K20202021202220232024
Metric202420232022
Total Assets$1,532,613$1,477,799$1,554,738
Revenue$171,447$36,832$29,677
Expenses$116,633$113,771$136,867
Qualifying Distributions$92,400$92,900$113,350
Net Investment Income$147,214$21,956$12,214
Distributable Amount$104,457$95,025$97,316

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$57K$85K$113K150 grants2020155 grants2021156 grants2022142 grants202376 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BALTIMORE SYMPHONY ORCHE…$4KBALTIMORE MUSEUM OF ART$3KB&O RAILROAD MUSEUM$1KBALTIMORE MUSEUM OF INDU…$1KBALTIMORE SCHOOL FOR THE…$1KCARROLL MUSEUMS INC$1KCHESAPEAKE BAY FOUNDATION$1KCYLBURN ARBORETUM ASSOCI…$1KINDEPENDENT COLLEGE FUND…$1KMARIAN HOUSE$1K

Grant Size Distribution

250 grants across all recorded years

250<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Baltimore Symphony Orchestra ($4,000), Baltimore Museum of Art ($2,500), B&o Railroad Museum ($1,000).

RecipientPurposeAmount
ALZHEIMERS ASSOCIATION MARYLAND CHAPTER TIMONIUM, MDGENERAL PURPOSE OF RECIPIENT$300
AMERICAN CANCER SOCIETY OKLAHOMA CITY, OKGENERAL PURPOSE OF RECIPIENT$400
AMERICAN HEART ASSOCIATION DALLAS, TXGENERAL PURPOSE OF RECIPIENT$300
AMERICAN LUNG ASSOCIATION OF MARYLAND INC BALTIMORE, MDGENERAL PURPOSE OF RECIPIENT$300
AMERICAN RED CROSS WASHINGTON, DCGENERAL PURPOSE OF RECIPIENT$300
AMERICAN VISIONARY ART MUSEUM BALTIMORE, MDGENERAL PURPOSE OF RECIPIENT$500
APPALACHIAN TRIAL CONSERVANCY HARPERS FERRY, WVGENERAL PURPOSE OF RECIPIENT$200
ART WITH A HEART BALTIMORE, MDGENERAL PURPOSE OF RECIPIENT$200
ARTS EDUCATION IN MARYLAND SCHOOLS BALTIMORE, MDGENERAL PURPOSE OF RECIPIENT$500
ASPEN CENTER FOR ENVIRONMENTAL STUDIES ASPEN, COGENERAL PURPOSE OF RECIPIENT$300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARGUERITE M VILLASANTAPRESIDENT2.5
MARIO VILLASANTATREASURER0.25
CRISTIANA PAREDESVICE PRES.0.25

Frequently Asked Questions

What does Dr Frank C Marino Foundation Inc fund?

The foundation's grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation provides grants for the general purpose of its recipients, with primary geographic focus in Maryland, Colorado, and the District of Columbia.

How do I apply for a grant from Dr Frank C Marino Foundation Inc?

**Grant Characteristics:** • Typical award range: $100–$15,000 • Average grant amount varies by year • The foundation made 156 grants in 2023 **Recent Grant Activity (2023-2024):** • University of Baltimore Foundation: $15,000 • Baltimore Symphony Orchestra: $4,000 • Baltimore Museum of Art: $2,500 • Casa Baltimore-Limay: $400 • Carroll Museums: $1,000 Total giving in 2023 was $92,900 across approximately 101 grants (with 156 total grants made).

Where does Dr Frank C Marino Foundation Inc make grants?

The foundation primarily funds organizations in: • Maryland • Colorado • District of Columbia

What size grants does Dr Frank C Marino Foundation Inc award?

In 2024, Dr Frank C Marino Foundation Inc awarded 76 grants totaling $92K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Dr Frank C Marino Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Dr Frank C Marino Foundation Inc reported a distributable amount of $104K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Dr Frank C Marino Foundation Inc's EIN?

Dr Frank C Marino Foundation Inc's EIN (Employer Identification Number) is 52-0781407. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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