The Marnell Foundation is a private foundation focused on Education, based in Las Vegas, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.1M in total assets. In 2024, it awarded 3 grants totaling $1.9M. Net investment income was $141K.
Key facts about The Marnell Foundation
In short: The Marnell Foundation gave $1.9M across 3 grants in 2024 (avg $637K), mostly in Nevada. Source: 2024 IRS Form 990-PF.
- EIN
- 94-3252819
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,912,000
- Grants made (2024)
- 3
- Average grant
- $637,333
- Median grant
- $10,000
- Total assets
- $7,115,954
- Primary geography
- Nevada (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.1M
+103.7% YoY
Annual Giving
$1.9M
Grant Count
3
Avg Grant Size
$637K
Under IRS private-foundation payout rules, The Marnell Foundation reported a distributable amount of $135K for 2024 — the minimum it must pay out in qualifying distributions.
How The Marnell Foundation gives
- Giving grew 3376% from 2021 to 2024. Method
- In 2024 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 2024 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $55K (2021) to $1.9M (2024). In 2024 it made 3 grants totaling $1.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Tuscany Research Institute ($1.9M). Together the top 3 received $1.9M.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 10 grants of 13 (77%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tuscany Research Institute Las Vegas, NV | Program Support | $1,900,000 |
| St Rose Dominican Health Foundation Henderson, NV | Program Support | $10,000 |
| Hundley Foundation Seal Beach, CA | Program Support | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,115,954 | $3,493,831 | $1,414,356 |
| Revenue | $5,540,986 | $2,085,350 | $62,122 |
| Expenses | $1,918,802 | $5,875 | $90,954 |
| Qualifying Distributions | $1,912,000 | — | $85,000 |
| Net Investment Income | $140,986 | $85,291 | $62,122 |
| Distributable Amount | $135,463 | $71,837 | $64,444 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Marnell Foundation is led by Anthony A. Marnell II, Trustee - President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Anthony A. Marnell II
Trustee - President
On filings since 2020
1 hr/week
No compensation reported
Alisa Wilson
Trustee - Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Anthony A. Marnell III
Trustee
On filings since 2020
1 hr/week
No compensation reported
Meredith Ellis
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Marnell Foundation
How much does The Marnell Foundation give each year?
The Marnell Foundation gave $1.9M across 3 grants in 2024, according to its 2024 IRS Form 990-PF.
What is The Marnell Foundation's typical grant size?
The Marnell Foundation's median grant in 2024 was $10,000, and its average grant was $637,333, across 3 grants on its 2024 IRS Form 990-PF.
Where does The Marnell Foundation give grants?
The Marnell Foundation gives mostly in Nevada: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does The Marnell Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on The Marnell Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (3 grants).
How large is The Marnell Foundation?
The Marnell Foundation reported $7.1M in total assets on its 2024 IRS Form 990-PF. It paid out $1.9M in qualifying distributions that year, against a required minimum of $135K (roughly 5% of its investment assets).
What is The Marnell Foundation?
The Marnell Foundation is a private foundation focused on Education, based in Las Vegas, NV. It holds $7.1M in total assets as of 2024.
What is The Marnell Foundation's EIN?
The Marnell Foundation's EIN (Employer Identification Number) is 94-3252819. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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