Dr Frank C Marino Foundation Inc
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.
Key facts about Dr Frank C Marino Foundation Inc
- EIN
- 52-0781407
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $92,400
- Grants made (2024)
- 76
- Average grant
- $1,216
- Median grant
- $500
- New grantees (estimate)
- 4% first-time grantees (3 of 76, 2024)
- Total assets
- $1,532,613
- Primary geography
- Maryland (92% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Dr Frank C Marino Foundation Inc funds
By grant dollars, the top recipient states for Dr Frank C Marino Foundation Inc's 76 itemized 2024 grants were Maryland (92%). The most frequent recipient cities were Baltimore, MD (41 grants), Washington, DC (5 grants), Aspen, CO (5 grants) and New York, NY (3 grants). 100% of grants with a stated purpose were for general or operating support.
Is Dr Frank C Marino Foundation Inc open to new grantees?
4%
first-time grantees, 2024
In 2024, 3 of 76 grantees (4%) were first-time recipients. First grants averaged $233; repeat grants $1K. How we count
Medians: $200 first-time, $500 repeat.
- 86% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−1%). Method
- In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Dr Frank C Marino Foundation Inc
- How to evaluate Dr Frank C Marino Foundation Inc as a funder
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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.
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
Ready to take the next step with Dr Frank C Marino Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Maryland
- Colorado
- District of Columbia
Grant Distribution by State
Share of all 76 itemized 2024 grant dollars.
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
679 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include University of Maryland Medical System Foundation ($35,000), Maryland Opera ($5,000), Roland Park Community Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF MARYLAND MEDICAL SYSTEM FOUNDATION Baltimore, MD | GENERAL PURPOSE OF RECIPIENT | $35,000 |
| MARYLAND OPERA Baltimore, MD | GENERAL PURPOSE OF RECIPIENT | $5,000 |
| ROLAND PARK COMMUNITY FOUNDATION Baltimore, MD | GENERAL PURPOSE OF RECIPIENT | $5,000 |
| THE PEABODY INSTITUTE Baltimore, MD | GENERAL PURPOSE OF RECIPIENT | $5,000 |
| BALTIMORE SYMPHONY ORCHESTRA Baltimore, MD | GENERAL PURPOSE OF RECIPIENT | $4,000 |
| BALTIMORE MUSEUM OF ART Baltimore, MD | GENERAL PURPOSE OF RECIPIENT | $2,500 |
| UMBF Baltimore, MD | GENERAL PURPOSE OF RECIPIENT | $2,000 |
| B&O RAILROAD MUSEUM Baltimore, MD | GENERAL PURPOSE OF RECIPIENT | $1,000 |
| BALTIMORE MUSEUM OF INDUSTRY Baltimore, MD | GENERAL PURPOSE OF RECIPIENT | $1,000 |
| BALTIMORE SCHOOL FOR THE ARTS Baltimore, MD | GENERAL PURPOSE OF RECIPIENT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Marguerite M Villasanta | President | 2.5 | — |
| Mario Villasanta | Treasurer | 0.25 | — |
| Cristiana Paredes | Vice 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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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.