Macricostas Family Foundationinc

Private foundation · Grantmaker Jupiter, FL EIN: 65-0777858

Macricostas Family Foundationinc is a private foundation, 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.

Macricostas Family Foundationinc at a glance

In short: Macricostas Family Foundationinc gave $422K across 6 grants in 2024 (avg $70K), mostly in Connecticut. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$421,978
+16.7% vs 2023
Grants made (2024)
6
+20.0% vs 2023
Average grant
$70,330
-2.8% vs 2023
Median grant
$32,489
Total assets
$6,538,947
+7.9% vs 2023
Primary geography
Connecticut (66% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Macricostas Family Foundationinc funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Steep Rock Association: $250KSteep Rock Association$250KInstap Study Center for East Crete: $70KInstap Study Center for EastCrete$70KMakriyiannis Association: $37KMakriyiannis Association$37KWestern Connecticut State: $28KWestern Connecticut State$28KAbove the Seas: $25KAbove the Seas$25KAmerican School of Classi: $12KAmerican School of Classi$12K

The largest 2024 recipient was Steep Rock Association ($250K). Together the top 6 received $422K.

Grant Size Distribution

20 grants across all recorded years

8<$50K9$50–100K1$100–250K1$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 9 grants of 20 (45%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

PrincetonBolderRouzervilleWashington DepotBostonCharlestonDanburyJupiterNew YorkPhoeniz

How Macricostas Family Foundationinc gives

  • Giving grew 313% from 2021 to 2024. Method
  • In 2024 it paid out 219% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K0 grants2020 4 grants2021 5 grants2022 5 grants2023 6 grants2024

From 2021 to 2024, annual grant giving ranged from $102K (2021) to $699K (2022). In 2024 it made 6 grants totaling $422K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Steep Rock Association Washington Depot, CTRestoration of Isaac Camp House$250,000
Instap Study Center for East Crete Rouzerville, PAKommos Conservation Project$70,000
Makriyiannis Association Jupiter, FLPublic Work Projects$37,478
Western Connecticut State Danbury, CTSociety Breakfast for Student Succes$27,500
Above the Seas Bolder, CODenise C. Hogan Library in Kenya$25,000
American School of Classi Princeton, NJHistorical Studies and Outreach, Gen$12,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$6,538,947$1,420,666$439,773$421,9786$421,978$904,331$192,682
2023$6,060,316$1,486,730$375,493$361,6405$361,640$49,321$113,727
2022$4,325,146$624,675$724,457$698,8035$698,803$100,237$101,554
2021$4,905,563$1,340,391$119,395$102,1034$102,103$362,535$92,285
2020$3,868,100$134,601$13,020———$121,642$79,826

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.

Leadership & Key People

Officers and directors from IRS filings

Macricostas Family Foundationinc is led by Constantine S. Macricostas, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Constantine S. Macricostas

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • George Macricostas

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marie C. Macricostas

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Stephen Macricostas

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Macricostas Family Foundationinc

How much does Macricostas Family Foundationinc give each year?

Macricostas Family Foundationinc gave $422K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $362K across 5 grants.

What is Macricostas Family Foundationinc's typical grant size?

Macricostas Family Foundationinc's median grant in 2024 was $32,489, and its average grant was $70,330, across 6 grants on its 2024 IRS Form 990-PF.

Where does Macricostas Family Foundationinc give grants?

Macricostas Family Foundationinc gives mostly in Connecticut: 66% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Pennsylvania (17%) and Florida (9%).

Does Macricostas Family Foundationinc give general operating support?

Not in 2024: none of the 6 grants with a stated purpose on Macricostas Family Foundationinc's 2024 IRS Form 990-PF were described as general or operating support.

Who are Macricostas Family Foundationinc's largest grantees?

Macricostas Family Foundationinc's largest 2024 grantees include Steep Rock Association ($250,000), Instap Study Center for East Crete ($70,000) and Makriyiannis Association ($37,478), according to its 2024 IRS Form 990-PF. Together they received 85% of its itemized 2024 grant dollars.

How large is Macricostas Family Foundationinc?

Macricostas Family Foundationinc reported $6.5M in total assets on its 2024 IRS Form 990-PF. It paid out $422K in qualifying distributions that year, against a required minimum of $193K (roughly 5% of its investment assets).

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.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Macricostas Family Foundationinc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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