Maria Mandico and Benet Marquet Foundation

WILMINGTON, DE EIN: 26-1646442

Maria Mandico and Benet Marquet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 10 grants totaling $65K. Net investment income was $113K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-3.2% YoY

Annual Giving

$65K

+77.1% YoY

Grant Count

10

+11.1% YoY

Avg Grant Size

$6K

+59.4% YoY

Under IRS private-foundation payout rules, Maria Mandico and Benet Marquet Foundation reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.

About Maria Mandico and Benet Marquet Foundation

Based on IRS filings

Maria Mandico and Benet Marquet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 10 grants totaling $65K. Net investment income was $113K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BooneCulver CityHagerstownLa JollaNew YorkSan DiegoWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$99K$198K$297K$396K20202021202220232024
Metric202420232022
Total Assets$1,347,645$1,392,252$1,462,420
Revenue$79,050$9,159$-29,073
Expenses$123,657$85,327$57,207
Qualifying Distributions$118,616$79,983$50,275
Net Investment Income$112,682$3,815
Distributable Amount$70,735$63,058$61,920

Giving Over Time

Total grant dollars and number of grants per year

$0$16K$32K$49K$65K3 grants20202 grants20214 grants20229 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

X PRIZE FOUNDATION INC$11KKYOTO SYMPOSIUM ORGANIZA…$10KLA JOLLA INSTITUTE FOR I…$10KTHE CLEARITY FOUNDATION$10KUC SAN DIEGO FOUNDATION$10KVOICES FOR CHILDREN$5KVOICES FOR CHILDREN$5KGIRL SCOUTS SAN DIEGO-IM…$2KGLOBALGIVING FOUNDATION …$1KMYRIAD USA INC$1K

Grant Size Distribution

28 grants across all recorded years

28<$50K$50–100K$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 X Prize Foundation Inc ($11,250), Kyoto Symposium Organization ($10,000), La Jolla Institute for Immunology ($10,000).

RecipientPurposeAmount
GIRL SCOUTS SAN DIEGO-IMPERIAL COUNCIL INC SAN DIEGO, CA2024 Cool Women$1,500
GLOBALGIVING FOUNDATION INC WASHINGTON, DCRelief for floods in Valencia, Spain$1,000
KYOTO SYMPOSIUM ORGANIZATION SAN DIEGO, CAto support Kyoto Prize Symposium$10,000
LA JOLLA INSTITUTE FOR IMMUNOLOGY LA JOLLA, CAGENERAL & UNRESTRICTED$10,000
MYRIAD USA INC NEW YORK, NYKarim Slaoui Fund$1,000
THE CLEARITY FOUNDATION SAN DIEGO, CATeal Woman Celebration - Paddle Raise$10,000
UC SAN DIEGO FOUNDATION LA JOLLA, CATriton Innovation Challenge Current Fund$10,000
VOICES FOR CHILDREN SAN DIEGO, CACharitable Event$5,000
VOICES FOR CHILDREN SAN DIEGO, CAGENERAL & UNRESTRICTED$5,000
X PRIZE FOUNDATION INC CULVER CITY, CAVisioneering Fund$11,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Alexandre FerreDir, VP1
Francois FerreCo- Pres, Dir1
Max FerreVP, Dir1
Magda MarquetCo-Pres, Dir, Sec1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Maria Mandico and Benet Marquet Foundation?

Maria Mandico and Benet Marquet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $1.3M in total assets as of 2024.

How large is Maria Mandico and Benet Marquet Foundation?

As of 2024, Maria Mandico and Benet Marquet Foundation holds $1.3M in total assets with $79K in annual revenue. It awarded 10 grants totaling $65K in 2024.

Where does Maria Mandico and Benet Marquet Foundation operate?

Maria Mandico and Benet Marquet Foundation has awarded grants in California, District of Columbia, Iowa, Maryland, New York.

What size grants does Maria Mandico and Benet Marquet Foundation award?

In 2024, Maria Mandico and Benet Marquet Foundation awarded 10 grants totaling $65K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Maria Mandico and Benet Marquet Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Maria Mandico and Benet Marquet Foundation reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Maria Mandico and Benet Marquet Foundation's EIN?

Maria Mandico and Benet Marquet Foundation's EIN (Employer Identification Number) is 26-1646442. 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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