Joseph L & Sarah S Marcum Foundation
Joseph L & Sarah S Marcum Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 3 grants totaling $17.9M. Net investment income was $6.4M.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$17.9M
+539.3% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$6.0M
+752.4% YoY
Under IRS private-foundation payout rules, Joseph L & Sarah S Marcum Foundation reported a distributable amount of $81K for 2021 — the minimum it must pay out in qualifying distributions.
About Joseph L & Sarah S Marcum Foundation
Based on IRS filings
Joseph L & Sarah S Marcum Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 3 grants totaling $17.9M. Net investment income was $6.4M.
Ready to take the next step with Joseph L & Sarah S Marcum Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $11,759,266 |
| Revenue | $6,419,437 | $867,718 |
| Expenses | $18,109,672 | $2,984,966 |
| Qualifying Distributions | $17,996,586 | — |
| Net Investment Income | $6,381,775 | $774,035 |
| Distributable Amount | $80,719 | $745,224 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2021
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Hamilton Community Foundation ($9,075,000), Dayton Foundation ($5,700,000), Vanguard Charitable Endowment Program ($3,125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HAMILTON COMMUNITY FOUNDATION HAMILTON, OH | SARAH M. SHUFFIELD FUND | $9,075,000 |
| DAYTON FOUNDATION DAYTON, OH | GENERAL | $5,700,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM Warwick, RI | GENERAL | $3,125,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH L MARCUM | CHAIRMAN | 1 | — |
| CATHERINE M LOWE | TRUSTEE | 1 | $20,000 |
| M CHRISTINA MANCHESTER | TRUSTEE | 1 | $20,000 |
| SARAH M SHUFFIELD | TRUSTEE | 1 | $20,000 |
| STEPHEN S MARCUM | TRUSTEE | 1 | $20,000 |
Frequently Asked Questions
Where does Joseph L & Sarah S Marcum Foundation operate?
Joseph L & Sarah S Marcum Foundation has awarded grants in Ohio, Rhode Island.
What size grants does Joseph L & Sarah S Marcum Foundation award?
In 2021, Joseph L & Sarah S Marcum Foundation awarded 3 grants totaling $17.9M — an average of about $6.0M per grant, based on its IRS Form 990 filings.
How much is Joseph L & Sarah S Marcum Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Joseph L & Sarah S Marcum Foundation reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joseph L & Sarah S Marcum Foundation's EIN?
Joseph L & Sarah S Marcum Foundation's EIN (Employer Identification Number) is 31-1190243. IRS Form 990 filing data is available on this page for 2020–2021.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.