The Grace R and Alan D Marcus Foundation

NEW YORK, NY EIN: 13-6928240 Website

The Grace R and Alan D Marcus Foundation is a private foundation based in New York, NY, established in 1990 and designated as a 501(c)(3) organization. The foundation operates with no employees and maintains tax-exempt status. In 2009, The Marcus Foundation became independent from The Grace R and Alan D Marcus Foundation, though both organizations continue to share fundamental values, operating principles, and commitments.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$897K

+13.8% YoY

Annual Giving

$64K

-5.9% YoY

Grant Count

-4.7% YoY

Avg Grant Size

$2K

-1.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services. Early grantees have included organizations such as 92nd Street Y, Museum of the City of New York, the New York Public Library, City Harvest, and The Hastings Center.

Grantmaking

The foundation made 49 grants in 2024 with total giving of $64,010 to $75,500. Typical award amounts range from $100 to $12,000, with a median grant size of $1,000 and an average grant size of approximately $1,500.

Grant Range

of $1,000 and an average grant size of approximately $1,500.

Average Grant

of approximately $1,500.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds charitable activities in New York, Connecticut, and the District of Columbia.

Grant Distribution by State

New York $332K (88%)

District of Columbia $18K (5%)

Connecticut $17K (4%)

California $5K (1%)

Alabama $3K (1%)

Florida $3K (1%)

Delaware $750 (0%)

Massachusetts $500 (0%)

+2 more states

States

Alabama California Connecticut District of Columbia Delaware Florida Massachusetts New York Pennsylvania Vermont

Cities

Boca RatonBrooklynBurlingtonCommackCornwallFairfieldKew GardensLakevilleMontgomeryNew YorkNorthamptonOaklandPhiladelphiaQueensWashingtonWest CornwallWest HollywoodWilmington

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $897,252
Total Revenue: $202,239
Total Expenses: $93,403
Net Income: $108,836
Total Liabilities: $0

Investment Income: $13,633 (2024)

The foundation's financial position shows assets of approximately $891,200 to $897,252 with consistent annual giving activity.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$897,252	$788,416	$891,155
Revenue	$202,239	$-3,647	$75,493
Expenses	$93,403	$99,092	$103,855
Qualifying Distributions	$64,010	$68,010	$75,510
Net Investment Income	$179,894	—	$52,148
Distributable Amount	$51,446	$48,048	$51,117

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

224 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Key people associated with the foundation include:

Daniel Soba (Trustee)
Geraldine Soba (Trustee)
Stephen Soba (Trustee)
Brendan Stone (Co-contact, listed at 7 W 81st St 5B, New York, NY 10024)

The foundation was originally created by Alan Marcus, a corporate and estates attorney who served in the United States Army during World War II. Theodore P. Halperin and Daniel Soba were original trustees of the Foundation.