The Marena Foundation Inc
The Marena Foundation Inc is a private foundation, 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 grant totaling $31K.
Key facts about The Marena Foundation Inc
In short: The Marena Foundation Inc gave $31K across 1 grant in 2023 (avg $31K), mostly in Georgia. Source: 2023 IRS Form 990-PF.
- EIN
- 58-2379368
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $31,315
- Grants made (2023)
- 1
- Average grant
- $31,315
- Median grant
- $31,315
- Total assets
- $8,661
- Primary geography
- Georgia (100% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
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.
How The Marena Foundation Inc gives
- Giving held roughly steady from 2020 to 2023 (+17%). Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $10K (2022) to $33K (2021). In 2023 it made 1 grant totaling $31K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was Molly D'Hemecourt ($31K).
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Molly D'Hemecourt Savannah, GA | Charitable Purposes | $31,315 |
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 |
| Distributable Amount | $278 | $491 | $743 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
The Marena Foundation Inc is led by Vera Watkins, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2023 filing
Vera Watkins
President
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Marena Foundation Inc
How much does The Marena Foundation Inc give each year?
The Marena Foundation Inc gave $31K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $10K across 1 grant.
How large is The Marena Foundation Inc?
The Marena Foundation Inc reported $9K in total assets on its 2023 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $278 (roughly 5% of its investment assets).
Where does The Marena Foundation Inc operate?
The Marena Foundation Inc has awarded grants in Alabama, Arizona, Georgia, New York.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Marena Foundation Inc by hand.
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