The Marc Sanders Foundation

HILLSBOROUGH, NJ EIN: 22-3840808

The Marc Sanders Foundation is a private foundation focused on Arts, Culture & Humanities, based in HILLSBOROUGH, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.4M in total assets. In 2024, it awarded 1 grants totaling $387K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.4M

+1.7% YoY

Annual Giving

$387K

+220.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$387K

+220.6% YoY

Under IRS private-foundation payout rules, The Marc Sanders Foundation reported a distributable amount of $391K for 2024 — the minimum it must pay out in qualifying distributions.

About The Marc Sanders Foundation

Based on IRS filings

Focus Areas

Arts, Culture & Humanities

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $1.1M (100%)

States

New Jersey

Cities

Hillsborough

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$7,393,811	$7,272,250	$7,687,635
Revenue	$467,808	$177,062	$169,519
Expenses	$814,530	$601,995	$758,314
Qualifying Distributions	$487,751	$231,218	$383,397
Net Investment Income	—	—	—
Distributable Amount	$390,540	$369,051	$387,964

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Various Scholarships ($386,747).

Recipient	Purpose	Amount
VARIOUS SCHOLARSHIPS HILLSBOROUGH, NJ	EDUCATION	$386,747

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JEFFREY PASEK	CHAIR	—	—
HOLLY ISDALE	TRUSTEE	—	—
KATHLEEN MCCARTNEY	TRUSTEE	—	—
DAVID SOSA	VICE CHAIR AND TRUSTEE	—	—
RICHARD DOUGHERTY	SECRETARY AND TREASURER	—	—

Subject Areas

Focus areas based on grantmaking activity

Arts, Culture & Humanities

Frequently Asked Questions

What is The Marc Sanders Foundation?

The Marc Sanders Foundation is a private foundation focused on Arts, Culture & Humanities, based in HILLSBOROUGH, NJ. It holds $7.4M in total assets as of 2024.

How large is The Marc Sanders Foundation?

As of 2024, The Marc Sanders Foundation holds $7.4M in total assets with $468K in annual revenue. It awarded 1 grants totaling $387K in 2024.

Where does The Marc Sanders Foundation operate?

The Marc Sanders Foundation has awarded grants in New Jersey.

What size grants does The Marc Sanders Foundation award?

In 2024, The Marc Sanders Foundation awarded 1 grants totaling $387K — an average of about $387K per grant, based on its IRS Form 990 filings.

How much is The Marc Sanders Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Marc Sanders Foundation reported a distributable amount of $391K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.