The Margules Foundation Inc is a corporate foundation based in Lawrence, New York. Established in 1992, the foundation provides funding to further its charitable purposes and operates with no employees on staff.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$267K
-67.3% YoY
Annual Giving
$479K
+68.0% YoY
Grant Count
27
-79.5% YoY
Avg Grant Size
$18K
+721.4% YoY
Under IRS private-foundation payout rules, The Margules Foundation Inc reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation is an active grantmaker with significant recent activity. In fiscal year 2023, the foundation made 132 grants totaling approximately $269,600 in charitable distributions.
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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
As of June 30, 2023:
| Metric | Amount |
|---|---|
| Total Assets | $815,214 |
| Total Revenues | $671,725 |
| Total Expenses | $288,056 |
| Total Grants & Contributions | $483,600 |
| Investment Income & Dividends | $3,921 |
| Net Gain from Sale of Non-Inventory Assets | $184,204 |
Year-over-Year Growth (FY 2023 vs. FY 2022):
- Grants and contributions increased 232.7% ($483,600 vs. $145,360)
- Investment income increased 17.4% ($3,921 vs. $3,341)
- Net gains from asset sales decreased 25.5% ($184,204 vs. $247,261)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $266,823 | $815,214 | $431,545 |
| Revenue | $962,903 | $671,725 | $395,962 |
| Expenses | $486,851 | $288,056 | $299,495 |
| Qualifying Distributions | $481,101 | $285,161 | $296,127 |
| Net Investment Income | $462,348 | $187,975 | $250,434 |
| Distributable Amount | $44,000 | $25,537 | $22,670 |
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
128 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Hatzalah ($100,000), Davis Memorial Fund ($90,360), Various Charities ($80,965).
| Recipient | Purpose | Amount |
|---|---|---|
| AHAVAS TORAH SIYUM NASHIM HOLMDEL, NJ | CHARITABLE | $2,000 |
| FRIENDS OF YASHAR CHAYAL EAST BRUNSWICK, NJ | CHARITABLE | $1,800 |
| FRIENDS OF BIKUR CHOLIM EZRAT ACHIN BROOKLYN, NY | CHARITABLE | $5,000 |
| AL KANFEI NESHARIM LAWRENCE, NY | CHARITABLE | $20,000 |
| COLEL CHABAD BROOKLYN, NY | CHARITABLE | $5,000 |
| HATZALAH OF ROCKAWAY NASSAU FAR ROCKAWAY, NY | CHARITABLE | $25,000 |
| JEP CINCINNATI, OH | CHARITABLE | $5,000 |
| Lapid Yeshiva Inc BELLE HARBOR, NY | CHARITABLE | $25,000 |
| L'CHAIM CENTER FOR INSPIRED LIVING DEERFIELD, IL | CHARITABLE | $5,000 |
| MOSDOT BOTOSHAN BROOKLYN, NY | CHARITABLE | $2,380 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GAIL MARGULES | President | — | — |
Contact Information
Address: 21 Manor Lane, Lawrence, NY 11559-1503
Phone: 516-902-0936
EIN: 11-3129095
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from The Margules Foundation Inc?
The foundation is an active grantmaker with significant recent activity. In fiscal year 2023, the foundation made 132 grants totaling approximately $269,600 in charitable distributions. **Recent Notable Grants (FY 2023):** • Davis Memorial Fund: $95,210 • Friends of Bikur Cholim Ezrat Achim: $8,000 • Agudas Achim of Lawrence: $6,600 The foundation supports a diverse range of charitable organizations and has demonstrated capacity for grants ranging from several thousand dollars to over $95,000.
What size grants does The Margules Foundation Inc award?
In 2024, The Margules Foundation Inc awarded 27 grants totaling $479K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Margules Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Margules Foundation Inc reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Margules Foundation Inc's EIN?
The Margules Foundation Inc's EIN (Employer Identification Number) is 11-3129095. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Margules Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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