The Marsal Family Foundation

NEW YORK, NY EIN: 84-1367157

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

24states
+16 more states

Cities

AlbanyAmeniaAnn ArborArlingtonAthensBedfordBedford HillsBethesdaBlackwoodBozemanCanaanChicagoClearwaterCoconut CreekCovingtonDallasDenverDetroitDrumrightEast Quogue

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$8M$11M20202021202220232024
Metric202420232022
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

$0$2M$4M$6M$8M37 grants202047 grants202141 grants202264 grants202359 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF MICHIGAN$5.2MGLADNEY FUND$650KHAVE FAITH HATT MISSION$200KRARE VILLAGE Foundation$100KCARDIGAN MT SCHOOL$95KMICHIGAN TECHNOLOGY UNIV…$83KIGNITENATIONAL$29KMILLBROOK SCHOOL$25KWESTHAB INC$25KHORIZONS OF NEW CANAN CO…$20K

Grant Size Distribution

225 grants across all recorded years

194<$50K5$50–100K12$100–250K4$250–500K5$500K–1M3$1–5M2$5M+

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

NameTitleHoursCompensation
BRYAN MARSALDirector
KATHLEEN MARSALDirector
Antonio AlvarezDirector

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

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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