The Erica and Mark Groussman

Private foundation · Grantmaker Miami Beach, FL EIN: 47-5620483

The Erica and Mark Groussman is a private foundation, based in Miami Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $192K in total assets.

Key facts about The Erica and Mark Groussman

EIN
47-5620483
Latest 990 filing
Form 990-PF, 2024
Total assets
$191,689

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$192K

+0.0% YoY

Revenue

—

Expenses

—

Under IRS private-foundation payout rules, The Erica and Mark Groussman reported a distributable amount of $209 for 2024 — the minimum it must pay out in qualifying distributions.

How The Erica and Mark Groussman gives

  • Giving fell 38% from 2020 to 2023. Method
  • In 2023 it paid out 852% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

MiamiMiami BeachBoulderCentennialDenverEngelwood

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K3 grants2020 2 grants2021 4 grants2022 1 grant2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $2K (2021) to $23K (2022). In 2023 it made 1 grant totaling $3K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$10K$20K$30K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$191,689$191,689$256,489
Revenue—$-61,800$2,000
Expenses—$3,000$23,215
Qualifying Distributions—$3,000$23,215
Distributable Amount$209$352$744

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Erica and Mark Groussman is led by Mark Groussman, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Mark Groussman

    President

    On filings since 2020

    No compensation reported

  • Andrea Groussman

    Treasurer

    On filings since 2020

    No compensation reported

  • Erica Groussman

    Secretary

    On filings since 2020

    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 The Erica and Mark Groussman

How large is The Erica and Mark Groussman?

The Erica and Mark Groussman reported $192K in total assets on its 2024 IRS Form 990-PF.

Where does The Erica and Mark Groussman operate?

The Erica and Mark Groussman has awarded grants in Colorado, Florida.

How much is The Erica and Mark Groussman required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Erica and Mark Groussman reported a distributable amount of $209 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Erica and Mark Groussman's EIN?

The Erica and Mark Groussman's EIN (Employer Identification Number) is 47-5620483. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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