Macricostas Family Foundationinc
Macricostas Family Foundationinc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JUPITER, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 6 grants totaling $422K. Net investment income was $904K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.5M
+7.9% YoY
Annual Giving
$422K
+16.7% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$70K
-2.8% YoY
Under IRS private-foundation payout rules, Macricostas Family Foundationinc reported a distributable amount of $193K for 2024 — the minimum it must pay out in qualifying distributions.
About Macricostas Family Foundationinc
Based on IRS filings
Macricostas Family Foundationinc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JUPITER, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 6 grants totaling $422K. Net investment income was $904K.
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 | 2022 |
|---|---|---|---|
| Total Assets | $6,538,947 | $6,060,316 | $4,325,146 |
| Revenue | $1,420,666 | $1,486,730 | $624,675 |
| Expenses | $439,773 | $375,493 | $724,457 |
| Qualifying Distributions | $421,978 | $361,640 | $698,803 |
| Net Investment Income | $904,331 | $49,321 | $100,237 |
| Distributable Amount | $192,682 | $113,727 | $101,554 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Steep Rock Association ($250,000), Instap Study Center for East Crete ($70,000), Makriyiannis Association ($37,478).
| Recipient | Purpose | Amount |
|---|---|---|
| ABOVE THE SEAS BOLDER, CO | DENISE C. HOGAN LIBRARY IN KENYA | $25,000 |
| AMERICAN SCHOOL OF CLASSI PRINCETON, NJ | HISTORICAL STUDIES AND OUTREACH, GEN | $12,000 |
| INSTAP STUDY CENTER FOR EAST CRETE ROUZERVILLE, PA | KOMMOS CONSERVATION PROJECT | $70,000 |
| MAKRIYIANNIS ASSOCIATION JUPITER, FL | PUBLIC WORK PROJECTS | $37,478 |
| STEEP ROCK ASSOCIATION WASHINGTON DEPOT, CT | RESTORATION OF ISAAC CAMP HOUSE | $250,000 |
| WESTERN CONNECTICUT STATE DANBURY, CT | SOCIETY BREAKFAST FOR STUDENT SUCCES | $27,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CONSTANTINE S MACRICOSTAS | PRESIDENT | 2 | — |
| MARIE C MACRICOSTAS | SECRETARY | 2 | — |
| GEORGE MACRICOSTAS | VICE PRESIDE | 1 | — |
| STEPHEN MACRICOSTAS | VICE PRESIDE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Macricostas Family Foundationinc?
Macricostas Family Foundationinc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JUPITER, FL. It holds $6.5M in total assets as of 2024.
How large is Macricostas Family Foundationinc?
As of 2024, Macricostas Family Foundationinc holds $6.5M in total assets with $1.4M in annual revenue. It awarded 6 grants totaling $422K in 2024.
Where does Macricostas Family Foundationinc operate?
Macricostas Family Foundationinc has awarded grants in Arizona, Colorado, Connecticut, Florida, Massachusetts, New Jersey, New York, Pennsylvania, South Carolina.
What size grants does Macricostas Family Foundationinc award?
In 2024, Macricostas Family Foundationinc awarded 6 grants totaling $422K — an average of about $70K per grant, based on its IRS Form 990 filings.
How much is Macricostas Family Foundationinc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Macricostas Family Foundationinc reported a distributable amount of $193K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Macricostas Family Foundationinc's EIN?
Macricostas Family Foundationinc's EIN (Employer Identification Number) is 65-0777858. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Macricostas Family Foundationinc'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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