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

11

+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

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.

Ready to take the next step with The Joseph and Carolyn Demarco?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

Bala CynwydBismarkBrooklynCamdenDarbyFlourtownFort WashingtonGlassboroHorshamMediaNew YorkNorristownParkesburgPhiladelphiaRadnorTauntonVillanovaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$81K$162K$243K$324K20202021202220232024
Metric202420232022
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

$0$49K$97K$146K$194K11 grants202012 grants20219 grants202210 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

URBAN PROMISE MINISTRIES$34KOUR MOTHER OF CONSOLATIO…$25KMADISON SQUARE BOYS AND …$25KNATURAL LANDS$25KBOYS AND GIRLS CLUB OF G…$20KNEIGHBORHOOD GARDENS TRUST$15KTEMPLE UNIVERSITY SCHOOL…$13KVILLANOVA UNIVERSITY$13KMARINA ORTH FOUNDATION$10KHOMES FOR OUR TROOPS$10K

Grant Size Distribution

53 grants across all recorded years

52<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
COLLEGE SETTLEMENT OF PHILADELPHIA HORSHAM, PAGRANT TO ANOTHER 501(C)(3) ORGANIZATION$5,000
MARINA ORTH FOUNDATION WASHINGTON, DCGRANT TO ANOTHER 501(C)(3) ORGANIZATION$10,000
OUR MOTHER OF CONSOLATION CYO PHILADELPHIA, PAGRANT TO ANOTHER 501(C)(3) ORGANIZATION$25,000
TEMPLE UNIVERSITY SCHOOL OF DENTISTRY PHILADELPHIA, PAGRANT TO ANOTHER 501(C)(3) ORGANIZATION$12,500
URBAN PROMISE MINISTRIES CAMDEN, NJGRANT TO ANOTHER 501(C)(3) ORGANIZATION$34,000
VILLANOVA UNIVERSITY VILLANOVA, PAGRANT TO ANOTHER 501(C)(3) ORGANIZATION$12,500
HOMES FOR OUR TROOPS TAUNTON, MAGRANT TO ANOTHER 501(C)(3) ORGANIZATION$10,000
BOYS AND GIRLS CLUB OF GLOUCESTER COUNTY NJ GLASSBORO, NJGRANT TO ANOTHER 501(C)(3) ORGANIZATION$20,000
MADISON SQUARE BOYS AND GIRLS CLUB FOUNDATION NEW YORK, NYGRANT TO ANOTHER 501(C)(3) ORGANIZATION$25,000
NEIGHBORHOOD GARDENS TRUST PHILADELPHIA, NYGRANT 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

NameTitleHoursCompensation
JEFFREY J IDLERPRESIDENT/DIRECTOR10
SARA A SCANLANDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

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.

Explore Open Grants

Browse active grant opportunities in The Joseph and Carolyn Demarco's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

What could you do with The Joseph and Carolyn Demarco on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching The Joseph and Carolyn Demarco to a real strategy.

Plan your approach