Marcum Foundation
Marcum Foundation is a private foundation based in Blacksburg, Virginia. Its 2025 filing reports $84,405 in grants to 20 recipients, with most grant dollars going to organizations in Virginia.
Marcum Foundation at a glance
In short: Marcum Foundation gave $84K across 20 grants in 2025 (avg $4K), mostly in Virginia. 25% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $84,405
- -1.2% vs 2024
- Grants made (2025)
- 20
- +5.3% vs 2024
- Average grant
- $4,220
- -6.1% vs 2024
- Median grant
- $550
- Total assets
- $1,088,044
- -2.5% vs 2024
- New grantees (estimate)
- 25% first-time grantees (5 of 20, 2025; small sample)
- Primary geography
- Virginia (98% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Marcum Foundation
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The 2024 filing states that the foundation accepts unsolicited requests. It lists Alice F. Marcum as the contact, no required form or materials, and no restrictions on awards. No deadline is listed.
- Contact
Application contact: Alice F Marcum
Mailing address: 370 Marsh Hawk Drive, Vonore, TN 37885
Phone: (423) 351-3092
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Marcum Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Virginia Tech Foundation ($30K). Together the top 10 received $82K.
Grant Size Distribution
94 grants across all recorded years
The most common grant size was under $50K: 93 grants of 94 (99%).
Geographic Focus
Where this funder awards grants
In 2025, 98% of grant dollars went to recipients in Virginia, 1% to North Carolina, and 1% to West Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
Cities
Is Marcum Foundation open to new grantees?
25%
first-time grantees, 2025
In 2025, 5 of 20 grantees (25%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $361; repeat grants $6K. How we count
Medians: $105 first-time, $900 repeat.
- 70% of 2025 grantees were also funded in 2024. Method
- Giving grew 215% from 2022 to 2025. Method
- In 2025 it paid out 131% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $25K (2020) to $85K (2024). In 2025 it made 20 grants totaling $84K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Virginia Tech Foundation Blacksburg, VA | Educational | $30,000 |
| VT Athletic Fund Blacksburg, VA | Charitable | $25,000 |
| Radford University Foundation Radford, VA | Educational | $12,550 |
| Providence UMC Suffolk, VA | Charitable | $5,850 |
| Eagles Nest Regeneration Floyd, VA | Charitable | $4,000 |
| VT Fellowship of Christian Athletes Blacksburg, VA | Charitable | $1,200 |
| Mountain Empire CC Foundation Big Stone Gap, VA | Educational | $1,000 |
| Duke Cancer Institute Durham, NC | Educational | $1,000 |
| Radford University Fellowship of Ch Radford, VA | Charitable | $900 |
| WVU Foundation Morgantown, WV | Educational | $600 |
Ready to take the next step with Marcum Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,088,044 | $34,214 | $84,955 | $84,405 | 20 | $84,405 | $34,114 | $64,593 |
| 2024 | $1,116,313 | $91,661 | $87,388 | $85,388 | 19 | $85,388 | $28,845 | $48,079 |
| 2023 | $1,119,562 | $17,544 | $40,067 | $34,322 | 14 | $34,322 | $11,734 | $33,392 |
| 2022 | $364,565 | $31,658 | $35,373 | $26,775 | 22 | $26,775 | $25,726 | $30,452 |
| 2021 | $368,280 | $76,120 | $34,032 | $28,075 | 19 | $28,075 | $70,184 | $33,211 |
| 2020 | $326,035 | $4,404 | $31,107 | $25,400 | 17 | — | $3,488 | $26,501 |
Under IRS private-foundation payout rules, Marcum Foundation reported a distributable amount of $65K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included educational and charitable awards. Among the recipients, Virginia Tech Foundation says it manages Virginia Tech’s endowment to advance the university’s mission and priorities. Other grantees describe work including seasonal assistance for low-income families, food and clothing assistance, and emergency medical and technical rescue services.
Grantmaking
In 2025, the foundation gave $84,405 through 20 grants. Awards ranged from $100 to $30,000, with a median grant of $550. The largest grants were $30,000 to Virginia Tech Foundation, $25,000 to VT Athletic Fund, and $12,550 to Radford University Foundation. Other notable awards included $5,850 to Providence UMC and $4,000 to Eagles Nest Regeneration.
The 2025 recipients also included Montgomery County Christmas Store ($500), Good Samaritan Inc. ($105), and Blacksburg Volunteer Rescue Squad ($100). Montgomery County Christmas Store describes its work as providing low-income families in Montgomery County a Christmas-season shopping experience characterized by choice and dignity. Good Samaritan Inc. says it provides food and clothing to community members in need; Blacksburg Volunteer Rescue Squad describes its mission as providing emergency medical and technical rescue services in Blacksburg and the surrounding community.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Alice Faye Marcum as president, and Monte Alan Marcum and Casey Austin Marcum as directors.
Marcum Foundation is led by Alice Faye Marcum, President since 2023 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Alice Faye Marcum
President
Director → President, 2023
On filings since 2020
No compensation reported
Casey Austin Marcum
Director
On filings since 2020
No compensation reported
Monte Alan Marcum
Director
On filings since 2020
No compensation reported
Former officers (1)
- Former: Ronnie Marcum (2020–2022) — President
Data from IRS Form 990 filings, 2020–2025. "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 Marcum Foundation
How much does Marcum Foundation give each year?
Marcum Foundation gave $84K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $85K across 19 grants.
What is Marcum Foundation's typical grant size?
Marcum Foundation's median grant in 2025 was $550, and its average grant was $4,220, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Marcum Foundation that year got $361 on average.
Where does Marcum Foundation give grants?
Marcum Foundation gives mostly in Virginia: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Blacksburg, VA (7 grants), Radford, VA (2 grants), Suffolk, VA (2 grants) and Big Stone Gap, VA (2 grants).
Does Marcum Foundation give general operating support?
Not in 2025: none of the 20 grants with a stated purpose on Marcum Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (15 grants) and "Educational" (5 grants).
Who are Marcum Foundation's largest grantees?
Marcum Foundation's largest 2025 grantees include Virginia Tech Foundation ($30,000), VT Athletic Fund ($25,000) and Radford University Foundation ($12,550), according to its 2025 IRS Form 990-PF. Together they received 80% of its itemized 2025 grant dollars.
How large is Marcum Foundation?
Marcum Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $84K in qualifying distributions that year, against a required minimum of $65K (roughly 5% of its investment assets).
What does Marcum Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included educational and charitable awards. Among the recipients, Virginia Tech Foundation says it manages Virginia Tech’s endowment to advance the university’s mission and priorities. See mission & focus areas ↑
How do I apply for a grant from Marcum Foundation?
The 2024 filing states that the foundation accepts unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Marcum Foundation's EIN?
Marcum Foundation's EIN (Employer Identification Number) is 46-4244195. IRS Form 990 filing data is available on this page for 2020–2025.
Does Marcum Foundation accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 8, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 23, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 31, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 3, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 31, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
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Cite this profile
Grantable. (2026). Marcum Foundation funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/marcum-foundation-morg_11807cc355074f8ead7dfa64d9c21b54
BibTeX
@misc{grantable_464244195_2026,
author = {{Grantable}},
title = {{Marcum Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/marcum-foundation-morg_11807cc355074f8ead7dfa64d9c21b54},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Marcum Foundation'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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