Marisa Martini Private Foundation Inc
Marisa Martini Private Foundation Inc is a private grantmaking foundation established in 2022 and designated as a 501(c)(3) organization. The foundation is located in Whippany, New Jersey and operates as a private foundation focused on philanthropic grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$23.6M
+1.0% YoY
Annual Giving
$1.1M
+43.3% YoY
Grant Count
45
+50.0% YoY
Avg Grant Size
$25K
-4.4% YoY
Under IRS private-foundation payout rules, Marisa Martini Private Foundation Inc reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation made 31 grants in 2024, totaling approximately $973,887. Recent grant recipients include:
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Geographic Focus
Where this funder awards grants
The foundation is based in Whippany, New Jersey and makes grants to organizations nationally.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total Assets: $23,597,917
- Total Revenue: $1,556,748
- Total Expenses: $1,303,650
- Investment Income and Dividends: $1,193,002
- Total Liabilities: $0
Year-over-year changes (2023-2024):
- Investment income increased 35.6% from $879,800 to $1,193,002
The foundation has no employees and operates with zero liabilities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,597,917 | $23,365,035 | $23,390,575 |
| Revenue | $1,556,748 | $900,322 | $-32,516 |
| Expenses | $1,303,650 | $907,194 | $835,821 |
| Qualifying Distributions | $1,196,452 | $847,555 | $725,367 |
| Net Investment Income | $1,485,297 | $855,276 | $339,543 |
| Distributable Amount | $1,185,728 | $1,142,647 | $1,050,440 |
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
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Peters Prep ($110,000), Braille Institute ($100,000), Novick Global Cardiac Alliance ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMERS ASSOCIATION CHICAGO, IL | GENERAL PURPOSE | $2,000 |
| ANCHOR RIDGE WILKESBORO, NC | GENERAL PURPOSE | $25,000 |
| AUSTIN FARM SANCTUARY PAIGE, TX | GENERAL PURPOSE | $1,000 |
| BERKLEY COUNTY BACKPACK PROGRAM HEDGESVILLE, WV | GENERAL PURPOSE | $15,000 |
| BERNICES PLACE ELIZABETH, NJ | GENERAL PURPOSE | $25,000 |
| BIG LOVE CANCER CARE LITTLE ROCK, AR | GENERAL PURPOSE | $10,000 |
| BRAILLE INSTITUTE LOS ANGELES, CA | GENERAL PURPOSE | $100,000 |
| BURNS RECOVERED ST LOUIS, MO | GENERAL PURPOSE | $15,000 |
| CAMP FATIMA OF NJ HARRISON, NJ | GENERAL PURPOSE | $25,000 |
| CAMP NO WORRIES TABERNACLE, NJ | GENERAL PURPOSE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Conor Gelson | PRESIDENT | 4 | $25,000 |
| James Damiano MD | DIRECTOR | 3 | $12,500 |
| Elizabeth Dragalin | DIRECTOR | 4 | $12,500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Marisa Martini Private Foundation Inc?
The foundation made 31 grants in 2024, totaling approximately $973,887. Recent grant recipients include: • Jesuit Community of St Peters Prep: $110,000 (General Purpose) • Braille Institute of America: $100,000 (General Purpose) • William Novick Global Cardiac Alliance: $100,000 (General Purpose) The foundation primarily funds unrestricted grants to organizations across various sectors.
Where does Marisa Martini Private Foundation Inc make grants?
The foundation is based in Whippany, New Jersey and makes grants to organizations nationally.
What size grants does Marisa Martini Private Foundation Inc award?
In 2024, Marisa Martini Private Foundation Inc awarded 45 grants totaling $1.1M — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Marisa Martini Private Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marisa Martini Private Foundation Inc reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marisa Martini Private Foundation Inc's EIN?
Marisa Martini Private Foundation Inc's EIN (Employer Identification Number) is 87-1325288. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Marisa Martini Private Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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