Marcovici Family Charitable Trust

LIDO BEACH, NY EIN: 82-6760546

Marcovici Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LIDO BEACH, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 17 grants totaling $206K. Net investment income was $47K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+8.8% YoY

Annual Giving

$206K

+56.5% YoY

Grant Count

17

-19.0% YoY

Avg Grant Size

$12K

+93.3% YoY

Under IRS private-foundation payout rules, Marcovici Family Charitable Trust reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.

About Marcovici Family Charitable Trust

Based on IRS filings

Marcovici Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LIDO BEACH, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 17 grants totaling $206K. Net investment income was $47K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

BrooklinBrooklynEnglewoodHonoluluLido BeachMissoulaNew YorkNewarkParamusPhiladelphiaRichmondSt AugustineSurfsideTeaneckWhite PlainsWilmingtonWoodmere

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$88K$175K$263K$350K20202021202220232024
Metric202420232022
Total Assets$1,161,147$1,067,448$881,077
Revenue$301,344$318,198$316,290
Expenses$207,645$131,827$70,577
Qualifying Distributions$206,220$131,750$70,500
Net Investment Income$46,606$43,067$1,978
Distributable Amount$48,765$41,532$34,599

Giving Over Time

Total grant dollars and number of grants per year

$0$52K$103K$155K$206K10 grants202011 grants202115 grants202221 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SHEFA SCHOOL INC$100KFRIENDS OF THE ISRAEL DE…$18KLIDO BEACH SYNAGOGUE$14KAMIT CHILDREN INC$10KRAMAZ SCHOOL$10KTHE TIKVAH FUND$10KTHE METROPOLITAN OPERA$9KFIFTH AVENUE SYNAGOGUE$7KFRIENDS OF UNITED HATZALAH$5KOUR PLACE IN NY INC$5K

Grant Size Distribution

74 grants across all recorded years

73<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Shefa School Inc ($100,000), Friends of the Israel Defense Forces ($18,000), Lido Beach Synagogue ($14,395).

RecipientPurposeAmount
BENJAMIN & LILLIAN ROCHKIND YESHIVA OF VIRGINIA RICHMOND, VAGENERAL PURPOSE$1,800
AMIT CHILDREN INC NEW YORK, NYGENERAL PURPOSE$10,000
FIFTH AVENUE SYNAGOGUE NEW YORK, NYGENERAL PURPOSE$7,200
FRIENDS OF THE ISRAEL DEFENSE FORCES NEW YORK, NYGENERAL PURPOSE$18,000
FRIENDS OF UNITED HATZALAH NEW YORK, NYGENERAL PURPOSE$5,000
LIDO BEACH SYNAGOGUE LIDO BEACH, NYGENERAL PURPOSE$14,395
OUR PLACE IN NY INC BROOKLYN, NYGENERAL PURPOSE$5,000
RAMAZ SCHOOL NEW YORK, NYGENERAL PURPOSE$10,000
YOUNG ISRAEL OF BAL HARBOUR SURFSIDE, FLGENERAL PURPOSE$3,600
ATHLETES FOR ISRAEL NEW YORK, NYGENERAL PURPOSE$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TIVADAR MARCOVICITRUSTEE1
ETELLA MARCOVICITRUSTEE1
ELIAS MARCOVICITRUSTEE1
ETHAN MARCOVICITRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Marcovici Family Charitable Trust?

Marcovici Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LIDO BEACH, NY. It holds $1.2M in total assets as of 2024.

How large is Marcovici Family Charitable Trust?

As of 2024, Marcovici Family Charitable Trust holds $1.2M in total assets with $301K in annual revenue. It awarded 17 grants totaling $206K in 2024.

Where does Marcovici Family Charitable Trust operate?

Marcovici Family Charitable Trust has awarded grants in Delaware, Florida, Hawaii, Massachusetts, Montana, New Jersey, New York, Pennsylvania, Virginia.

What size grants does Marcovici Family Charitable Trust award?

In 2024, Marcovici Family Charitable Trust awarded 17 grants totaling $206K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Marcovici Family Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Marcovici Family Charitable Trust reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Marcovici Family Charitable Trust's EIN?

Marcovici Family Charitable Trust's EIN (Employer Identification Number) is 82-6760546. IRS Form 990 filing data is available on this page for 2020–2024.

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

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