The Marsal Family Foundation is a private grantmaking foundation established in April 1997 and based in New York, NY. The foundation is led by Bryan Marsal, co-founder and Co-Chief Executive Officer of Alvarez & Marsal, a global consulting firm, and his wife Kathleen Marsal, a former Citibank vice president and University of Michigan School of Education alumna.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.5M
-18.5% YoY
Annual Giving
$6.6M
-20.5% YoY
Grant Count
59
-7.8% YoY
Avg Grant Size
$111K
-13.8% YoY
Mission & Focus Areas
The foundation's strategic approach focuses predominantly on education, with particular emphasis on teacher preparation and educational equity. The foundation also provides support for adoption services and humanitarian aid organizations.
Grantmaking
The Marsal Family Foundation operates by making contributions exclusively to preselected charitable organizations and does not accept unsolicited funding requests. There is no public application process.
Grant Range
$2,500 to $5,155,000
Average Grant
amount varies by year
How to Apply
.
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Geographic Focus
Where this funder awards grants
The foundation funds nationally with primary geographic focus in New York, Michigan, Texas, and Florida. The foundation's funding reaches across numerous states including Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, New Hampshire, New Jersey, New York, Oklahoma, Pennsylvania, Rhode Island, and additional states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $10,428,677
- Total revenues: $10,165,395
- Total expenses: $8,309,661
- Total grants made: $1,795,500 (33 grants documented)
As of 2024:
- Total assets: approximately $8,498,811
- Annual giving: $6,577,350 (59 grants)
Revenue Sources (2023):
- Total grants and contributions: $8,040,316
- Investment income and dividends: $242,466
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,498,811 | $10,428,677 | $10,562,085 |
| Revenue | $8,015,594 | $10,165,395 | $7,984,360 |
| Expenses | $6,769,583 | $8,309,661 | $2,834,499 |
| Qualifying Distributions | $6,577,350 | $8,277,900 | $2,680,200 |
| Net Investment Income | $355,725 | $2,108,488 | $130,654 |
| Distributable Amount | $323,399 | $512,601 | $363,530 |
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
225 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Bryan Marsal — President; co-founder and Co-Chief Executive Officer of Alvarez & Marsal
- Kathleen Marsal — Vice President; former Citibank vice president and University of Michigan School of Education alumna
Both serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRYAN MARSAL | Director | — | — |
| KATHLEEN MARSAL | Director | — | — |
| Antonio Alvarez | Director | — | — |
Recent News & Activity
Recent developments and announcements
The Marsal family has made a historic commitment to education through a significant gift to the University of Michigan. The University of Michigan School of Education was named in recognition of the Marsal family's historic commitment to the institution. The foundation continues to support educational initiatives and has announced alumni award recipients through the Marsal Family School of Education.
School of Education named to honor Marsal family\u2019s gift**Contact Information:**
c/o Alvarez & Marsal Inc., 600 Madison Avenue, 8th Floor, New York, NY 10022
EIN: 84-1367157
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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