Marxe Family Foundation Inc
Marxe Family Foundation Inc is a private foundation focused on public and societal benefit, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25.1M in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $2.2M.
Marxe Family Foundation Inc at a glance
In short: Marxe Family Foundation Inc gave $10K across 1 grant in 2024 (avg $10K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $10,000
- -96.7% vs 2023
- Grants made (2024)
- 1
- -50.0% vs 2023
- Average grant
- $10,000
- -93.4% vs 2023
- Median grant
- $10,000
- Total assets
- $25,127,071
- +10.4% vs 2023
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Marxe Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Save the Chimps ($10K).
Grant Size Distribution
37 grants across all recorded years
The most common grant size was under $50K: 33 grants of 37 (89%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Marxe Family Foundation Inc gives
- Giving fell 41% from 2021 to 2024. Method
- In 2024 it paid out 1% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 $10K (2024) to $4.6M (2020). In 2024 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Save the Chimps Fort Pierce, FL | General Purpose | $10,000 |
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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 | $25,127,071 | $4,331,501 | $145,461 | $10,000 | 1 | $16,232 | $2,154,754 | $1,118,274 |
| 2023 | $22,759,680 | $-365,309 | $425,937 | $305,000 | 2 | $310,725 | $890,378 | $1,040,780 |
| 2022 | $23,528,972 | $716,168 | $97,488 | — | — | $5,739 | $676,209 | $1,093,774 |
| 2021 | $22,910,300 | $9,071,240 | $134,083 | $17,000 | 3 | $21,500 | $2,005,033 | $848,962 |
| 2020 | $14,026,419 | $1,978,930 | $4,641,378 | $4,584,436 | 31 | — | $1,931,883 | $844,382 |
Under IRS private-foundation payout rules, Marxe Family Foundation Inc reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Marxe Family Foundation Inc is led by Dianne Marxe, Director & President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Dianne Marxe
Director & President
On filings since 2020
1 hr/week
No compensation reported
Austin W. Marxe
Director, Treasurer & Secretary
On filings since 2020
10 hrs/week
No compensation reported
Hope Marxe
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Rachel Marxe Fain
Director & Vice President
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 Marxe Family Foundation Inc
How much does Marxe Family Foundation Inc give each year?
Marxe Family Foundation Inc gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $305K across 2 grants.
How large is Marxe Family Foundation Inc?
Marxe Family Foundation Inc reported $25.1M in total assets on its 2024 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Marxe Family Foundation Inc?
Marxe Family Foundation Inc is a private foundation focused on public and societal benefit, based in New York, NY. It holds $25.1M in total assets as of 2024.
Where does Marxe Family Foundation Inc operate?
Marxe Family Foundation Inc has awarded grants in Alaska, Alabama, Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Illinois, Massachusetts, Maine, New York, Oklahoma, Tennessee, Virginia.
What is Marxe Family Foundation Inc's EIN?
Marxe Family Foundation Inc's EIN (Employer Identification Number) is 46-5603465. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 28, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Marxe Family Foundation Inc funds
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