The Marena Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $9K in total assets. In 2023, it awarded 1 grants totaling $31K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$9K
+74.1% YoY
Annual Giving
$31K
+213.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$31K
+213.2% YoY
Under IRS private-foundation payout rules, The Marena Foundation Inc reported a distributable amount of $278 for 2023 — the minimum it must pay out in qualifying distributions.
About The Marena Foundation Inc
Based on IRS filings
The Marena Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $9K in total assets. In 2023, it awarded 1 grants totaling $31K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $8,661 | $4,976 | $14,976 |
| Revenue | $35,000 | — | $40,000 |
| Expenses | $31,315 | $10,000 | $33,199 |
| Qualifying Distributions | $31,315 | $10,000 | $33,199 |
| Net Investment Income | — | — | — |
| Distributable Amount | $278 | $491 | $743 |
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 2023
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Molly D'hemecourt ($31,315).
| Recipient | Purpose | Amount |
|---|---|---|
| MOLLY D'HEMECOURT SAVANNAH, GA | CHARITABLE PURPOSES | $31,315 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VERA WATKINS | PRESIDENT | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Marena Foundation Inc?
The Marena Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. It holds $9K in total assets as of 2023.
How large is The Marena Foundation Inc?
As of 2023, The Marena Foundation Inc holds $9K in total assets with $35K in annual revenue. It awarded 1 grants totaling $31K in 2023.
Where does The Marena Foundation Inc operate?
The Marena Foundation Inc has awarded grants in Alabama, Arizona, Georgia, New York.
What size grants does The Marena Foundation Inc award?
In 2023, The Marena Foundation Inc awarded 1 grants totaling $31K — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is The Marena Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Marena Foundation Inc reported a distributable amount of $278 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Marena Foundation Inc's EIN?
The Marena Foundation Inc's EIN (Employer Identification Number) is 58-2379368. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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