The Marturano Thompson Foundation
The Marturano Thompson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN LAKES, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 5 grants totaling $88K. Net investment income was $370K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
+37.6% YoY
Annual Giving
$88K
+150.0% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$18K
-50.0% YoY
Under IRS private-foundation payout rules, The Marturano Thompson Foundation reported a distributable amount of $78K for 2024 — the minimum it must pay out in qualifying distributions.
About The Marturano Thompson Foundation
Based on IRS filings
The Marturano Thompson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN LAKES, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 5 grants totaling $88K. Net investment income was $370K.
Focus Areas
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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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,026,121 | $745,682 | $670,816 |
| Revenue | $369,564 | $113,331 | $129,021 |
| Expenses | $89,125 | $38,465 | $67,549 |
| Qualifying Distributions | $87,500 | $35,000 | $65,000 |
| Net Investment Income | $369,564 | $18,925 | $129,021 |
| Distributable Amount | $77,803 | $57,197 | $52,198 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Institue for Mindful Leadership ($60,000), Electa Lee Magnet Middle Schoolt ($15,000), NJ Performing Arts Center ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Institue for Mindful Leadership Franklin Lakes, NJ | Education | $60,000 |
| NJ Performing Arts Center Newark, NJ | To help the Arts Center. | $5,000 |
| Mayo Performing Arts Center Morristown, NJ | To help fund the performing arts. | $2,500 |
| NJ Leep Newark, NJ | To help fund after school snack program. | $5,000 |
| Electa Lee Magnet Middle Schoolt Bradenton, FL | Upgrade Lee Middle School performing arts programs. | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Janice Marturano | President | 0.25 | — |
| Peter Thompson | Treasurer | 0.25 | — |
| Brian Thompson | Director | 8 | — |
| Lauren Thompson | Director | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Marturano Thompson Foundation?
The Marturano Thompson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN LAKES, NJ. It holds $1.0M in total assets as of 2024.
How large is The Marturano Thompson Foundation?
As of 2024, The Marturano Thompson Foundation holds $1.0M in total assets with $370K in annual revenue. It awarded 5 grants totaling $88K in 2024.
Where does The Marturano Thompson Foundation operate?
The Marturano Thompson Foundation has awarded grants in Connecticut, Florida, New Jersey.
What size grants does The Marturano Thompson Foundation award?
In 2024, The Marturano Thompson Foundation awarded 5 grants totaling $88K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Marturano Thompson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Marturano Thompson Foundation reported a distributable amount of $78K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Marturano Thompson Foundation's EIN?
The Marturano Thompson Foundation's EIN (Employer Identification Number) is 27-3413054. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in The Marturano Thompson Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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