Gertie F Marx Private Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 4 grants totaling $149K. Net investment income was $107K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-2.9% YoY
Annual Giving
$149K
-2.1% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$37K
-2.1% YoY
Under IRS private-foundation payout rules, Gertie F Marx Private Fdn reported a distributable amount of $144K for 2024 — the minimum it must pay out in qualifying distributions.
About Gertie F Marx Private Fdn
Based on IRS filings
Gertie F Marx Private Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 4 grants totaling $149K. Net investment income was $107K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | $2,585,980 | $2,664,281 | $2,837,623 |
| Revenue | $134,463 | $104,981 | $261,934 |
| Expenses | $214,550 | $218,165 | $237,605 |
| Qualifying Distributions | $187,076 | $189,159 | — |
| Net Investment Income | $106,523 | $77,247 | $230,814 |
| Distributable Amount | $143,900 | $139,034 | $158,464 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Northwell Health Foundation ($37,262), Albert Einstein College of Med ($37,262), Fdn for Anesthesia Educ Rsch ($37,262).
| Recipient | Purpose | Amount |
|---|---|---|
| NORTHWELL HEALTH FOUNDATION Westbury, NY | GENERAL OPERATING | $37,262 |
| ALBERT EINSTEIN COLLEGE OF MED BRONX, NY | GENERAL OPERATING | $37,262 |
| FDN FOR ANESTHESIA EDUC RSCH SCHAUMBURG, IL | GENERAL OPERATING | $37,262 |
| SOC FOR OBSTETRIC ANESTHESIA MILWAUKEE, WI | GENERAL OPERATING | $37,262 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A | C0-TRUSTEE | 2 | $36,921 |
| DR RONALD SIMON | CO-TRUSTEE | 2 | $26,459 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gertie F Marx Private Fdn?
Gertie F Marx Private Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $2.6M in total assets as of 2024.
How large is Gertie F Marx Private Fdn?
As of 2024, Gertie F Marx Private Fdn holds $2.6M in total assets with $134K in annual revenue. It awarded 4 grants totaling $149K in 2024.
Where does Gertie F Marx Private Fdn operate?
Gertie F Marx Private Fdn has awarded grants in Illinois, New York, Wisconsin.
What size grants does Gertie F Marx Private Fdn award?
In 2024, Gertie F Marx Private Fdn awarded 4 grants totaling $149K — an average of about $37K per grant, based on its IRS Form 990 filings.
How much is Gertie F Marx Private Fdn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gertie F Marx Private Fdn reported a distributable amount of $144K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gertie F Marx Private Fdn's EIN?
Gertie F Marx Private Fdn's EIN (Employer Identification Number) is 20-3278852. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Gertie F Marx Private Fdn's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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