The Joseph and Carolyn Demarco

PHILADELPHIA, PA EIN: 23-2956437

The Joseph and Carolyn Demarco is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 11 grants totaling $194K. Net investment income was $193K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

-1.6% YoY

Annual Giving

$194K

+61.0% YoY

Grant Count

+10.0% YoY

Avg Grant Size

$18K

+46.4% YoY

Under IRS private-foundation payout rules, The Joseph and Carolyn Demarco reported a distributable amount of $115K for 2024 — the minimum it must pay out in qualifying distributions.

About The Joseph and Carolyn Demarco

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $388K (50%)

New York $160K (21%)

New Jersey $157K (20%)

District of Columbia $50K (6%)

Massachusetts $10K (1%)

North Dakota $5K (1%)

States

District of Columbia Massachusetts North Dakota New Jersey New York Pennsylvania

Cities

Bala CynwydBismarkBrooklynCamdenDarbyFlourtownFort WashingtonGlassboroHorshamMediaNew YorkNorristownParkesburgPhiladelphiaRadnorTauntonVillanovaWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,968,969	$2,000,288	$1,852,365
Revenue	$193,327	$294,429	$153,466
Expenses	$224,646	$146,506	$220,683
Qualifying Distributions	$194,000	$120,500	$190,500
Net Investment Income	$193,327	$119,373	$77,061
Distributable Amount	$114,938	$107,886	$114,305

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

53 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Urban Promise Ministries ($34,000), Our Mother of Consolation Cyo ($25,000), Madison Square Boys and Girls Club Foundation ($25,000).

Recipient	Purpose	Amount
COLLEGE SETTLEMENT OF PHILADELPHIA HORSHAM, PA	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$5,000
MARINA ORTH FOUNDATION WASHINGTON, DC	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$10,000
OUR MOTHER OF CONSOLATION CYO PHILADELPHIA, PA	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$25,000
TEMPLE UNIVERSITY SCHOOL OF DENTISTRY PHILADELPHIA, PA	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$12,500
URBAN PROMISE MINISTRIES CAMDEN, NJ	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$34,000
VILLANOVA UNIVERSITY VILLANOVA, PA	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$12,500
HOMES FOR OUR TROOPS TAUNTON, MA	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$10,000
BOYS AND GIRLS CLUB OF GLOUCESTER COUNTY NJ GLASSBORO, NJ	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$20,000
MADISON SQUARE BOYS AND GIRLS CLUB FOUNDATION NEW YORK, NY	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$25,000
NEIGHBORHOOD GARDENS TRUST PHILADELPHIA, NY	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JEFFREY J IDLER	PRESIDENT/DIRECTOR	10	—
SARA A SCANLAN	DIRECTOR	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Joseph and Carolyn Demarco?

The Joseph and Carolyn Demarco is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. It holds $2.0M in total assets as of 2024.

How large is The Joseph and Carolyn Demarco?

As of 2024, The Joseph and Carolyn Demarco holds $2.0M in total assets with $193K in annual revenue. It awarded 11 grants totaling $194K in 2024.

Where does The Joseph and Carolyn Demarco operate?

The Joseph and Carolyn Demarco has awarded grants in District of Columbia, Massachusetts, North Dakota, New Jersey, New York, Pennsylvania.

What size grants does The Joseph and Carolyn Demarco award?

In 2024, The Joseph and Carolyn Demarco awarded 11 grants totaling $194K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is The Joseph and Carolyn Demarco required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Joseph and Carolyn Demarco reported a distributable amount of $115K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Joseph and Carolyn Demarco's EIN?

The Joseph and Carolyn Demarco's EIN (Employer Identification Number) is 23-2956437. IRS Form 990 filing data is available on this page for 2020–2024.