The Margetts Foundation
The Margetts Foundation is a private foundation, based in BOCA GRANDE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $82K in total assets. In 2024, it awarded 12 grants totaling $12K. Net investment income was $14K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$82K
+2.0% YoY
Annual Giving
$12K
+0.4% YoY
Grant Count
12
+20.0% YoY
Avg Grant Size
$1K
-16.3% YoY
Under IRS private-foundation payout rules, The Margetts Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
About The Margetts Foundation
Based on IRS filings
The Margetts Foundation is a private foundation, based in BOCA GRANDE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $82K in total assets. In 2024, it awarded 12 grants totaling $12K. Net investment income was $14K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $81,819 | $80,210 | $81,264 |
| Revenue | $13,682 | $12,815 | $13,792 |
| Expenses | $12,072 | $13,869 | $130,361 |
| Qualifying Distributions | $12,061 | $12,934 | $128,848 |
| Net Investment Income | $13,671 | $11,880 | $12,799 |
| Distributable Amount | $25,713 | $24,096 | $27,817 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
161 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Frost Valley YMCA ($2,500), Community Foundation of NJ ($1,500), Foundation for Enhancing Communities ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Community Foundation of NJ Morristown, NJ | Service | $1,500 |
| County College of Morris Foundation Randolph, NJ | Education | $1,300 |
| Foundation for Enhancing Communities Harrisburg, PA | Service | $1,500 |
| Friends of Boca Grande Boca Grande, FL | Service | $1,000 |
| Frost Valley YMCA Claryville, NY | Service, Youth | $2,500 |
| Gasparilla Island Conservation & Improvement Assoc Boca Grande, FL | Conservation | $500 |
| Kessler Foundation East Hanover, NJ | Health | $500 |
| Newport Revitalization & Preservation Society Newport, PA | Service | $500 |
| Perry County Council of the Arts Newport, PA | Arts | $500 |
| Perry County Literacy Council Newport, PA | Service | $750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W Thomas Margetts | President | 5 | — |
| Donna D Margetts | Trustee | 5 | — |
Frequently Asked Questions
How large is The Margetts Foundation?
As of 2024, The Margetts Foundation holds $82K in total assets with $14K in annual revenue. It awarded 12 grants totaling $12K in 2024.
Where does The Margetts Foundation operate?
The Margetts Foundation has awarded grants in Connecticut, District of Columbia, Florida, Michigan, New Hampshire, New Jersey, New York, Pennsylvania, Virginia.
What size grants does The Margetts Foundation award?
In 2024, The Margetts Foundation awarded 12 grants totaling $12K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Margetts Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Margetts Foundation reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Margetts Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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