Marcum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLACKSBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 19 grants totaling $85K. Net investment income was $29K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-0.3% YoY
Annual Giving
$85K
+148.8% YoY
Grant Count
19
+35.7% YoY
Avg Grant Size
$4K
+83.3% YoY
Under IRS private-foundation payout rules, Marcum Foundation reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
About Marcum Foundation
Based on IRS filings
Marcum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLACKSBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 19 grants totaling $85K. Net investment income was $29K.
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 | $1,116,313 | $1,119,562 | $364,565 |
| Revenue | $91,661 | $17,544 | $31,658 |
| Expenses | $87,388 | $40,067 | $35,373 |
| Qualifying Distributions | $85,388 | $34,322 | $26,775 |
| Net Investment Income | $28,845 | $11,734 | $25,726 |
| Distributable Amount | $48,079 | $33,392 | $30,452 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
91 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Radford University Foundation ($51,700), Virginia Tech Foundation ($14,000), Vt Athletic Fund ($6,250).
| Recipient | Purpose | Amount |
|---|---|---|
| VT FELLOWSHIP OF CHRISTIAN ATHLETES BLACKSBURG, VA | CHARITABLE | $1,200 |
| RADFORD UNIVERSITY FELLOWSHIP OF CH RADFORD, VA | CHARITABLE | $900 |
| MONROE COUNTY FRIENDS OF ANIMALS VONORE, TN | CHARITABLE | $1,000 |
| VIRGINIA TECH FOUNDATION BLACKSBURG, VA | EDUCATIONAL | $14,000 |
| EAGLES NEST REGENERATION FLOYD, VA | CHARITABLE | $6,000 |
| RIVERVIEW CEMETERY FUND BIG STONE GAP, VA | CHARITABLE | $50 |
| BLACKSBURG BATTLES CANCER BLACKSBURG, VA | CHARITABLE | $125 |
| RADFORD UNIVERSITY FOUNDATION RADFORD, VA | EDUCATIONAL | $51,700 |
| BLACKSBURG SPORTS CLUB BLACKSBURG, VA | CHARITABLE | $275 |
| WVU FOUNDATION MORGANTOWN, WV | EDUCATIONAL | $600 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALICE FAYE MARCUM | PRESIDENT | — | — |
| MONTE ALAN MARCUM | DIRECTOR | — | — |
| CASEY AUSTIN MARCUM | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marcum Foundation?
Marcum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLACKSBURG, VA. It holds $1.1M in total assets as of 2024.
How large is Marcum Foundation?
As of 2024, Marcum Foundation holds $1.1M in total assets with $92K in annual revenue. It awarded 19 grants totaling $85K in 2024.
Where does Marcum Foundation operate?
Marcum Foundation has awarded grants in California, Georgia, Iowa, North Carolina, South Carolina, Tennessee, Virginia, West Virginia.
What size grants does Marcum Foundation award?
In 2024, Marcum Foundation awarded 19 grants totaling $85K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Marcum Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marcum Foundation reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Marcum Foundation'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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