The Marovich Foundation Inc
The Marovich Foundation Inc is a private foundation, based in Chicago, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $195K in total assets. In 2025, it awarded 1 grant totaling $11K. Net investment income was $9K.
The Marovich Foundation Inc at a glance
In short: The Marovich Foundation Inc gave $11K across 1 grant in 2025 (avg $11K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $11,172
- +6.4% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $11,172
- +6.4% vs 2024
- Median grant
- $11,172
- Total assets
- $194,976
- -4.3% vs 2024
- Primary geography
- New York (100% 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 Marovich Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How The Marovich Foundation Inc gives
- Giving grew 83% from 2022 to 2025. Method
- In 2025 it paid out 88% 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 $6K (2022) to $16K (2020). In 2025 it made 1 grant totaling $11K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Schedule 1 New York, NY | The purpose of these contributions is to aid the donee organization in carrying out its exempt function. | $11,172 |
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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 | $194,976 | $6,772 | $15,479 | $11,172 | 1 | $13,613 | $9,130 | $15,484 |
| 2024 | $203,693 | $10,683 | $14,827 | $10,500 | 1 | $12,761 | $8,341 | $14,369 |
| 2023 | $207,827 | $24,461 | $16,032 | $11,025 | 1 | $13,658 | $22,761 | $13,093 |
| 2022 | $199,398 | $11,373 | $9,711 | $6,100 | 6 | $8,026 | $9,773 | $14,032 |
| 2021 | $197,736 | $7,648 | $14,959 | $11,055 | 2 | — | $6,148 | $14,361 |
| 2020 | $205,047 | $19,908 | $19,827 | $16,400 | 3 | — | $18,408 | $12,634 |
| 2019 | $204,966 | $24,501 | $15,499 | $12,060 | 3 | — | $23,001 | $12,864 |
Under IRS private-foundation payout rules, The Marovich Foundation Inc reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Marovich Foundation Inc is led by Nicholas L. Marovich, President & Treasurer on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Nicholas L. Marovich
President & Treasurer
On filings since 2019
No compensation reported
Mary B. Marovich
Vice President & Secretary
On filings since 2019
No compensation reported
Melonie Synowice
Vice President
On filings since 2019
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 Marovich Foundation Inc
How much does The Marovich Foundation Inc give each year?
The Marovich Foundation Inc gave $11K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11K across 1 grant.
How large is The Marovich Foundation Inc?
The Marovich Foundation Inc reported $195K in total assets on its 2025 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $15K (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.
Where does The Marovich Foundation Inc operate?
The Marovich Foundation Inc has awarded grants in Colorado, Connecticut, Georgia, Illinois, New York, Washington.
What is The Marovich Foundation Inc's EIN?
The Marovich Foundation Inc's EIN (Employer Identification Number) is 22-3721213. 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
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 13, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 11, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work The Marovich Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in The Marovich Foundation Inc's focus areas in our free grants database
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