The Grace R and Alan D Marcus Foundation
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$897K
+13.8% YoY
Annual Giving
$64K
-5.9% YoY
Grant Count
41
-4.7% YoY
Avg Grant Size
$2K
-1.3% YoY
Under IRS private-foundation payout rules, The Grace R and Alan D Marcus Foundation reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.
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
States
Cities
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.
| 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
Among its reported 2024 grants, the largest include Uja Federation of Ny-general Purpose ($12,000), National Council of Jewish Women-ntnl ($5,500), National Council of Jewish Women-ny Sec ($4,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CIVIL LIBERTIES UNION NEW YORK, NY | SUPPORT CHARITIABLE ACTIVITIES | $3,000 |
| AMERICAN JEWISH JOINT DISTRIBUTION COMIT NEW YORK, NY | SUPPORT CHARITIABLE ACTIVITIES | $1,500 |
| ASPCA NEW YORK, NY | SUPPORT CHARITABLE ACTIVITIES | $500 |
| ASSOCIATION TO BENEFIT CHILDREN NEW YORK, NY | SUPPORT CHARITIABLE ACTIVITIES | $500 |
| BRADY CENTER TO PREVENT GUN VIOLENCE WASHINGTON, DC | SUPPORT CHARITIABLE ACTIVITIES | $4,000 |
| CITY HARVEST NEW YORK, NY | SUPPORT CHARITIABLE ACTIVITIES | $1,000 |
| CITYMEALS-ON-WHEELS NEW YORK, NY | SUPPORT CHARITIABLE ACTIVITIES | $1,000 |
| COMMITTEE TO PROTECT JOURNALISTS NEW YORK, NY | SUPPORT CHARITIABLE ACTIVITIES | $2,500 |
| CORNWALL CHRONICLE WEST CORNWALL, CT | SUPPORT CHARITIABLE ACTIVITIES | $100 |
| CORNWALL HISTORICAL SOCIETY CORNWALL, CT | SUPPORT CHARITIABLE ACTIVITIES | $100 |
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.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERALDINE SOBA | TRUSTEE | 1 | — |
| STEPHEN SOBA | TRUSTEE | 1 | $1,000 |
| BRENDAN STONE | TRUSTEE | 1 | $6,000 |
Frequently Asked Questions
What does The Grace R and Alan D Marcus Foundation fund?
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.
How do I apply for a grant from The Grace R and Alan D Marcus Foundation?
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. Recent grantees include: • Brady Center to Prevent Gun Violence ($4,000) • American Civil Liberties Union (ACLU) ($3,000) • Film at Lincoln Center ($3,000)
Where does The Grace R and Alan D Marcus Foundation make grants?
The foundation primarily funds charitable activities in New York, Connecticut, and the District of Columbia.
What size grants does The Grace R and Alan D Marcus Foundation award?
In 2024, The Grace R and Alan D Marcus Foundation awarded 41 grants totaling $64K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Grace R and Alan D Marcus Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Grace R and Alan D Marcus Foundation reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Grace R and Alan D Marcus Foundation's EIN?
The Grace R and Alan D Marcus Foundation's EIN (Employer Identification Number) is 13-6928240. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Grace R and Alan D Marcus Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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