The Margetts Foundation
The Margetts Foundation is a private foundation, based in Boca Grande, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $122K in total assets. In 2025, it awarded 5 grants totaling $4K. Net investment income was $46K.
The Margetts Foundation at a glance
In short: The Margetts Foundation gave $4K across 5 grants in 2025 (avg $800), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $4,000
- -66.8% vs 2024
- Grants made (2025)
- 5
- -58.3% vs 2024
- Average grant
- $800
- -20.3% vs 2024
- Median grant
- $1,000
- Total assets
- $122,096
- +49.2% vs 2024
- Primary geography
- New York (63% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Margetts Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was The Perlman Music ProgramSun Coast ($2K). Together the top 5 received $4K.
Grant Size Distribution
118 grants across all recorded years
The most common grant size was under $50K: 117 grants of 118 (99%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How The Margetts Foundation gives
- Giving fell 97% from 2022 to 2025. Method
- In 2025 it paid out 23% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $4K (2025) to $127K (2022). In 2025 it made 5 grants totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Perlman Music ProgramSun Coast Shelter Heights, NY | Arts | $1,500 |
| Frost Valley YMCA Claryville, NY | Service, Youth | $1,000 |
| Kessler Foundation East Hanover, NJ | Health | $1,000 |
| County College of Morris Foundation Randolph, NJ | Education | $250 |
| Perry County Council of the Arts Newport, PA | Arts | $250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $122,096 | $48,325 | $8,050 | $4,000 | 5 | $6,024 | $46,299 | $26,373 |
| 2024 | $81,819 | $13,682 | $12,072 | $12,050 | 12 | $12,061 | $13,671 | $25,713 |
| 2023 | $80,210 | $12,815 | $13,869 | $12,000 | 10 | $12,934 | $11,880 | $24,096 |
| 2022 | $81,264 | $13,792 | $130,361 | $127,325 | 39 | $128,848 | $12,799 | $27,817 |
| 2021 | $114,675 | $53,239 | $31,925 | $31,925 | 52 | $31,925 | $53,239 | $27,652 |
| 2020 | $92,920 | $15,068 | $32,132 | $28,555 | 51 | — | $12,953 | $25,206 |
| 2019 | $109,985 | $58,983 | $42,435 | $40,450 | 49 | — | $56,998 | $25,398 |
Under IRS private-foundation payout rules, The Margetts Foundation reported a distributable amount of $26K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Margetts Foundation is led by W Thomas Margetts, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
W Thomas Margetts
President
On filings since 2019
5 hrs/week
No compensation reported
Donna D Margetts
Trustee
On filings since 2019
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Margetts Foundation
How much does The Margetts Foundation give each year?
The Margetts Foundation gave $4K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 12 grants.
What is The Margetts Foundation's typical grant size?
The Margetts Foundation's median grant in 2025 was $1,000, and its average grant was $800, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Margetts Foundation give grants?
The Margetts Foundation gives mostly in New York: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (31%) and Pennsylvania (6%).
Does The Margetts Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on The Margetts Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are The Margetts Foundation's largest grantees?
The Margetts Foundation's largest 2025 grantees include The Perlman Music ProgramSun Coast ($1,500), Frost Valley YMCA ($1,000) and Kessler Foundation ($1,000), according to its 2025 IRS Form 990-PF. Together they received 88% of its itemized 2025 grant dollars.
How large is The Margetts Foundation?
The Margetts Foundation reported $122K in total assets on its 2025 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Margetts Foundation's EIN?
The Margetts Foundation's EIN (Employer Identification Number) is 22-6041532. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in The Margetts Foundation's focus areas in our free grants database
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