Gary J Marcello & Susan M Marcello

BOONTON, NJ EIN: 22-3552520

Gary J Marcello & Susan M Marcello is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOONTON, NJ. IRS filing data is available for 2020. As of 2020, the organization holds $50K in total assets. In 2020, it awarded 1 grants totaling $21K. Net investment income was $104.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$50K

Annual Giving

$21K

Grant Count

1

Avg Grant Size

$21K

Under IRS private-foundation payout rules, Gary J Marcello & Susan M Marcello reported a distributable amount of $2K for 2020 — the minimum it must pay out in qualifying distributions.

About Gary J Marcello & Susan M Marcello

Based on IRS filings

Gary J Marcello & Susan M Marcello is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOONTON, NJ. IRS filing data is available for 2020. As of 2020, the organization holds $50K in total assets. In 2020, it awarded 1 grants totaling $21K. Net investment income was $104.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Boonton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6K$12K$18K$23K2020
Metric2020
Total Assets$50,331
Revenue$104
Expenses$21,300
Qualifying Distributions
Net Investment Income$104
Distributable Amount$1,916

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$11K$16K$21K1 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2020

Various Contributions to…$21K

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Various Contributions to 501(c)3 Organizations ($21,300).

RecipientPurposeAmount
Various Contributions to 501(c)3 Organizations Boonton, NJGeneral Support$21,300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

NameTitleHoursCompensation
Gary J MarcelloTrustee1
Susan M MarcelloTrustee1
Jennifer Marcello FinnTrustee1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Gary J Marcello & Susan M Marcello?

Gary J Marcello & Susan M Marcello is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BOONTON, NJ. It holds $50K in total assets as of 2020.

How large is Gary J Marcello & Susan M Marcello?

As of 2020, Gary J Marcello & Susan M Marcello holds $50K in total assets with $104 in annual revenue. It awarded 1 grants totaling $21K in 2020.

Where does Gary J Marcello & Susan M Marcello operate?

Gary J Marcello & Susan M Marcello has awarded grants in New Jersey.

What size grants does Gary J Marcello & Susan M Marcello award?

In 2020, Gary J Marcello & Susan M Marcello awarded 1 grants totaling $21K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Gary J Marcello & Susan M Marcello required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Gary J Marcello & Susan M Marcello reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gary J Marcello & Susan M Marcello's EIN?

Gary J Marcello & Susan M Marcello's EIN (Employer Identification Number) is 22-3552520. IRS Form 990 filing data is available on this page for 2020.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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