Richard C Marquardt Family Foundation
Richard C Marquardt Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAVERLY, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 12 grants totaling $79K. Net investment income was $240K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+12.3% YoY
Annual Giving
$79K
-8.1% YoY
Grant Count
12
+71.4% YoY
Avg Grant Size
$7K
-46.4% YoY
Under IRS private-foundation payout rules, Richard C Marquardt Family Foundation reported a distributable amount of $77K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard C Marquardt Family Foundation
Based on IRS filings
Richard C Marquardt Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAVERLY, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 12 grants totaling $79K. Net investment income was $240K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,490,419 | $1,327,746 | $1,390,287 |
| Revenue | $255,591 | $36,717 | $-15,512 |
| Expenses | $94,678 | $99,258 | $88,913 |
| Qualifying Distributions | $79,000 | $86,000 | $74,000 |
| Net Investment Income | $239,913 | $23,459 | $21,256 |
| Distributable Amount | $77,315 | $77,566 | $74,953 |
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
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of Lackawanna County ($25,000), Women's Resource Center ($20,000), Safety Net ($11,500).
| Recipient | Purpose | Amount |
|---|---|---|
| GEISINGER MARWORTH WAVERLY, PA | DONATION | $1,500 |
| MEALS ON WHEELS SCRANTON, PA | DONATION | $1,000 |
| SAFETY NET SCRANTON, PA | DONATION | $11,500 |
| UNITED WAY OF LACKAWANNA COUNTY SCRANTON, PA | DONATION | $25,000 |
| WAVERLY COMMUNITY HOUSE WAVERLY, PA | DONATION | $2,000 |
| WOMEN'S RESOURCE CENTER SCRANTON, PA | DONATION | $20,000 |
| 1ST PRESBYTERIAN CHURCH OF CLARKS S CLARKS SUMMIT, PA | DONATION | $6,500 |
| NORTHEASTERN PENNSYLVANIA PHILHARMO WILKESBARRE, PA | DONATION | $1,000 |
| COUNTRYSIDE CONSERVANCY LA PLUME TOWNSHIP, PA | DONATION | $1,000 |
| EVERHART MUSEUM SCRANTON, PA | DONATION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD C MARQUARDT JR | President | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard C Marquardt Family Foundation?
Richard C Marquardt Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAVERLY, PA. It holds $1.5M in total assets as of 2024.
How large is Richard C Marquardt Family Foundation?
As of 2024, Richard C Marquardt Family Foundation holds $1.5M in total assets with $256K in annual revenue. It awarded 12 grants totaling $79K in 2024.
Where does Richard C Marquardt Family Foundation operate?
Richard C Marquardt Family Foundation has awarded grants in Florida, Pennsylvania.
What size grants does Richard C Marquardt Family Foundation award?
In 2024, Richard C Marquardt Family Foundation awarded 12 grants totaling $79K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Richard C Marquardt Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard C Marquardt Family Foundation reported a distributable amount of $77K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard C Marquardt Family Foundation's EIN?
Richard C Marquardt Family Foundation's EIN (Employer Identification Number) is 23-2896467. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richard C Marquardt Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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