Maria Mandico and Benet Marquet Foundation
The Maria Mandico and Benet Marquet Foundation is a private foundation based in Wilmington, Delaware. In its 2024 filing, it reported giving $64,750 through 10 grants to preselected charitable organizations and stated that it does not accept unsolicited requests for funds.
Maria Mandico and Benet Marquet Foundation at a glance
In short: Maria Mandico and Benet Marquet Foundation gave $65K across 10 grants in 2024 (avg $6K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $64,750
- +77.1% vs 2023
- Grants made (2024)
- 10
- +11.1% vs 2023
- Average grant
- $6,475
- +59.4% vs 2023
- Median grant
- $7,500
- Total assets
- $1,347,645
- -3.2% vs 2023
- Primary geography
- California (97% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Maria Mandico and Benet Marquet Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Maria Mandico and Benet Marquet Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was X Prize Foundation Inc ($11K). Together the top 9 received $65K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 28 grants of 28 (100%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that 97% of grant dollars went to recipients in California, 2% to recipients in the District of Columbia, and 2% to recipients in New York. These reported shares may not total 100% because of rounding.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
Cities
How Maria Mandico and Benet Marquet Foundation gives
- Giving grew 825% from 2021 to 2024. Method
- In 2024 it paid out 168% 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
From 2020 to 2024, annual grant giving ranged from $7K (2021) to $65K (2024). In 2024 it made 10 grants totaling $65K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| X Prize Foundation Inc Culver City, CA | Visioneering Fund | $11,250 |
| Kyoto Symposium Organization San Diego, CA | to support Kyoto Prize Symposium | $10,000 |
| La Jolla Institute for Immunology La Jolla, CA | General & Unrestricted | $10,000 |
| The Clearity Foundation San Diego, CA | Teal Woman Celebration - Paddle Raise | $10,000 |
| Uc San Diego Foundation La Jolla, CA | Triton Innovation Challenge Current Fund | $10,000 |
| Voices for Children San Diego, CA | Charitable Event | $5,000 |
| Voices for Children San Diego, CA | General & Unrestricted | $5,000 |
| Girl Scouts San Diego-Imperial Council Inc San Diego, CA | 2024 Cool Women | $1,500 |
| Globalgiving Foundation Inc Washington, DC | Relief for floods in Valencia, Spain | $1,000 |
| Myriad USA Inc New York, NY | Karim Slaoui Fund | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,347,645 | $79,050 | $123,657 | $64,750 | 10 | $118,616 | $112,682 | $70,735 |
| 2023 | $1,392,252 | $9,159 | $85,327 | $36,552 | 9 | $79,983 | $3,815 | $63,058 |
| 2022 | $1,462,420 | $-29,073 | $57,207 | $37,000 | 4 | $50,275 | — | $61,920 |
| 2021 | $1,548,700 | $26,779 | $54,104 | $7,000 | 2 | $45,275 | $124,435 | $67,910 |
| 2020 | $1,576,025 | $360,238 | $94,127 | $51,000 | 3 | — | $25,524 | $53,616 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for a range of charitable organizations and purposes. For example, the Clearity Foundation says its mission is to seek better treatment options for women with ovarian cancer through molecular profiling services. La Jolla Institute for Immunology says its scientists study the immune system to promote human health and prevent disease. UC San Diego Foundation says it raises private support for the university’s research, teaching, and public service.
Other 2024 recipients include Voices for Children, which says it transforms the lives of abused children by providing court-appointed special advocates; and Kyoto Symposium Organization, which says it celebrates Kyoto Prize laureates and provides education and education support in the San Diego, Southern California, and Baja California region.
Grantmaking
In 2024, the foundation reported 10 grants totaling $64,750. Grants ranged from $1,000 to $11,250, with a median grant of $7,500. The largest listed grants were $11,250 to X PRIZE Foundation for its Visioneering Fund and $10,000 each to Kyoto Symposium Organization to support the Kyoto Prize Symposium, La Jolla Institute for Immunology for general and unrestricted support, the Clearity Foundation for its Teal Woman Celebration Paddle Raise, and UC San Diego Foundation for the Triton Innovation Challenge Current Fund.
Other grants included two separate $5,000 grants to Voices for Children, one for a charitable event and one for general and unrestricted support; $1,500 to Girl Scouts San Diego-Imperial Council for 2024 Cool Women; and $1,000 each to GlobalGiving Foundation for relief for floods in Valencia, Spain, and Myriad USA for the Karim Slaoui Fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Alexandre Ferre as director and vice president; Francois Ferre as co-president and director; Max Ferre as vice president and director; and Magda Marquet as co-president, director, and secretary.
Maria Mandico and Benet Marquet Foundation is led by Francois Ferre, Co- President & Director on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Francois Ferre
Co- President & Director
On filings since 2020
1 hr/week
No compensation reported
Alexandre Ferre
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Magda Marquet
Co-Pres, Director & Secretary
On filings since 2020
1 hr/week
No compensation reported
Max Ferre
Vice President & Director
Vice President → Vice President & Director, 2024
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 Maria Mandico and Benet Marquet Foundation
How much does Maria Mandico and Benet Marquet Foundation give each year?
Maria Mandico and Benet Marquet Foundation gave $65K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $37K across 9 grants.
What is Maria Mandico and Benet Marquet Foundation's typical grant size?
Maria Mandico and Benet Marquet Foundation's median grant in 2024 was $7,500, and its average grant was $6,475, across 10 grants on its 2024 IRS Form 990-PF.
Where does Maria Mandico and Benet Marquet Foundation give grants?
Maria Mandico and Benet Marquet Foundation gives mostly in California: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were San Diego, CA (5 grants) and La Jolla, CA (2 grants).
Does Maria Mandico and Benet Marquet Foundation give general operating support?
Yes: 20% of Maria Mandico and Benet Marquet Foundation's 2024 grants with a stated purpose (2 of 10) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Maria Mandico and Benet Marquet Foundation's largest grantees?
Maria Mandico and Benet Marquet Foundation's largest 2024 grantees include X Prize Foundation Inc ($11,250), Kyoto Symposium Organization ($10,000) and La Jolla Institute for Immunology ($10,000), according to its 2024 IRS Form 990-PF. Together they received 48% of its itemized 2024 grant dollars.
How large is Maria Mandico and Benet Marquet Foundation?
Maria Mandico and Benet Marquet Foundation reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $119K in qualifying distributions that year, against a required minimum of $71K (roughly 5% of its investment assets).
What does Maria Mandico and Benet Marquet Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants show support for a range of charitable organizations and purposes. For example, the Clearity Foundation says its mission is to seek better treatment options for women with ovarian cancer through molecular profiling services. See mission & focus areas ↑
How do I apply for a grant from Maria Mandico and Benet Marquet Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Maria Mandico and Benet Marquet Foundation accept unsolicited proposals?
No, 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Maria Mandico and Benet Marquet Foundation funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/maria-mandico-and-benet-marquet-foundation-morg_a20686f2caa44218b65befd7f69e6a10
BibTeX
@misc{grantable_261646442_2026,
author = {{Grantable}},
title = {{Maria Mandico and Benet Marquet Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/maria-mandico-and-benet-marquet-foundation-morg_a20686f2caa44218b65befd7f69e6a10},
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 Maria Mandico and Benet Marquet 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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