Marrazzo Family Foundation
Marrazzo Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in Philadelphia, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.8M in total assets. In 2024, it awarded 18 grants totaling $718K. Net investment income was $560K.
Key facts about Marrazzo Family Foundation
- EIN
- 83-3817278
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $717,872
- Grants made (2024)
- 18
- Average grant
- $39,882
- Median grant
- $22,500
- New grantees (estimate)
- 44% first-time grantees (8 of 18, 2024)
- Total assets
- $5,823,062
- Primary geography
- Pennsylvania (94% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Marrazzo Family Foundation funds
By grant dollars, the top recipient states for Marrazzo Family Foundation's 18 itemized 2024 grants were Pennsylvania (94%). The most frequent recipient cities were Philadelphia, PA (14 grants). 33% of grants with a stated purpose were for general or operating support.
Is Marrazzo Family Foundation open to new grantees?
44%
first-time grantees, 2024
In 2024, 8 of 18 grantees (44%) were first-time recipients. First grants averaged $34K; repeat grants $44K. How we count
Medians: $14K first-time, $25K repeat.
- 44% of 2024 grantees were also funded in 2023. Method
- Giving grew 268% from 2021 to 2024. Method
- In 2024 it paid out 228% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Marrazzo Family Foundation
- How to evaluate Marrazzo Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Marrazzo Family Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.8M
-3.0% YoY
Annual Giving
$718K
+48.8% YoY
Grant Count
18
+63.6% YoY
Avg Grant Size
$40K
-9.1% YoY
Under IRS private-foundation payout rules, Marrazzo Family Foundation reported a distributable amount of $325K for 2024 — the minimum it must pay out in qualifying distributions.
About Marrazzo Family Foundation
Based on IRS filings
Marrazzo Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in Philadelphia, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.8M in total assets. In 2024, it awarded 18 grants totaling $718K. Net investment income was $560K.
Focus Areas
Ready to take the next step with Marrazzo Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 18 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,823,062 | $6,005,905 | $6,323,507 |
| Revenue | $605,081 | $247,674 | $510,994 |
| Expenses | $787,924 | $565,276 | $297,278 |
| Qualifying Distributions | $742,494 | $537,850 | $277,323 |
| Net Investment Income | $559,651 | $225,845 | $485,739 |
| Distributable Amount | $325,280 | $316,276 | $321,658 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include The Philadelphia School ($150,000), Settlement Music School of Philadelphia ($125,000), Children First PA ($108,728).
| Recipient | Purpose | Amount |
|---|---|---|
| THE PHILADELPHIA SCHOOL Philadelphia, PA | GENERAL OPERATING AND CAPITAL CAMPAIGN SUPPORT | $150,000 |
| SETTLEMENT MUSIC SCHOOL OF PHILADELPHIA Philadelphia, PA | TO SUPPORT KWEST'S CURRICULUM DEVELOPMENT, IMPLEMENTATION, AND ASSOCIATED RESEARCH | $125,000 |
| CHILDREN FIRST PA Philadelphia, PA | TO SUPPORT SEVEN SCHOOLS IN THE SCHOOL DISTRICT OF PHILADELPHIA WITH PROFESSIONAL DEVELOPMENT THAT INTEGRATES THE ARTS INTO TEACHING AND LEARNING AT A SCHOOLWIDE LEVEL. | $108,728 |
| THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA Philadelphia, PA | TO SUPPORT THE PIONEERING AI IN SCHOOL SYSTEMS (PASS) PROFESSIONAL DEVELOPMENT PROGRAM | $75,000 |
| CULTURE TRUST GREATER PHILADELPHIA Philadelphia, PA | TO SUPPORT THE ARTPHILLY2026 SPONSORED PROJECT, AN INITIATIVE THAT WILL FOREGROUND ARTISTS AND THE ARTS AS INTERPRETERS OF THE 250TH ANNIVERSARY OF THE DECLARATION OF INDEPENDENCE. | $50,000 |
| STOCKTON RUSH BARTOL FOUNDATION Philadelphia, PA | TO EXPAND AND SUPPORT THE TEACHING ARTIST MICRO-GRANT PROGRAM BY INCREASING GRANT SIZE AND ADDING A GRANT CYCLE WITH THE GOAL OF PROVIDING EASILY ACCESSIBLE FUNDS TO INDEPENDENT PHILADELPHIA-AREA TEACHING ARTISTS TO SUPPORT PROJECTS THAT ENGAGE COMMUNITY MEMBERS. | $29,000 |
| GERMANTOWN FRIENDS SCHOOL Philadelphia, PA | GENERAL OPERATING SUPPORT | $25,000 |
| ROCKEFELLER PHILANTHROPY ADVISORS New York, NY | TO SUPPORT THE UPSTART CO-LAB SPONSORED PROJECT, AN INITIATIVE THAT FRAMES THE CREATIVE ECONOMY AS AN IMPACT INVESTING PRIORITY. | $25,000 |
| THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION Philadelphia, PA | GENERAL OPERATING SUPPORT | $25,000 |
| WHYY INC Philadelphia, PA | TO SUPPORT THE CREATIVITY SPARKS SUCCESS JOURNALISM SERIES | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Elinor M Marrazzo | President | 5 | — |
| Jeffrey D Marrazzo | Secretary and Treasurer | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marrazzo Family Foundation?
Marrazzo Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in Philadelphia, PA. It holds $5.8M in total assets as of 2024.
How large is Marrazzo Family Foundation?
As of 2024, Marrazzo Family Foundation holds $5.8M in total assets with $605K in annual revenue. It awarded 18 grants totaling $718K in 2024.
Where does Marrazzo Family Foundation operate?
Marrazzo Family Foundation has awarded grants in California, Massachusetts, New York, Pennsylvania, Wyoming.
What size grants does Marrazzo Family Foundation award?
In 2024, Marrazzo Family Foundation awarded 18 grants totaling $718K — an average of about $40K per grant, based on its IRS Form 990 filings.
How much is Marrazzo Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marrazzo Family Foundation reported a distributable amount of $325K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marrazzo Family Foundation's EIN?
Marrazzo Family Foundation's EIN (Employer Identification Number) is 83-3817278. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Marrazzo Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The William Penn Foundation
Philadelphia, PA
Assets
$3.4B
Grants
1,027
Total Given
$148.8M
Lindback CR & MF Foundation TW Main
Saint Louis, MO
Assets
$24.6M
Grants
174
Total Given
$946K
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
Assets
$83.3M
Grants
144
Total Given
$67.7M
The Philadelphia Foundation
Philadelphia, PA
Assets
$704.6M
Grants
715
Total Given
$39.1M
Wyncote Foundation
Philadelphia, PA
Assets
$604.9M
Grants
139
Total Given
$26.3M
The Cigna Group Foundation
Philadelphia, PA
Assets
$127.2M
Grants
4,075
Total Given
$14.1M
Chubb Charitable Foundation
Philadelphia, PA
Assets
$74.9M
Grants
3,719
Total Given
$6.3M
Lincoln Financial Foundation Inc
Radnor, PA
Assets
—
Grants
3,159
Total Given
$8.8M
The Pittsburgh Foundation
Pittsburgh, PA
Assets
$1.5B
Grants
1,132
Total Given
$64.0M
Dick's Sporting Goods Foundation
Coraopolis, PA
Assets
$34.5M
Grants
964
Total Given
$18.0M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Jpmorgan Chase Foundation
New York, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
More Funders in Pennsylvania
Data last updated September 2026. Sourced from IRS Form 990-PF filings.