The Mazars USA Philanthropic Fund
The Mazars USA Philanthropic Fund is a private foundation based in New York, New York. Its 2024 filing says the Fund was voluntarily terminating its private-foundation status and had distributed all of its net assets to charitable organizations.
Key facts about The Mazars USA Philanthropic Fund
In short: The Mazars USA Philanthropic Fund gave $136K across 14 grants in 2024 (avg $10K), top state New Jersey. 14% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 20-0294869
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $135,772
- Grants made (2024)
- 14
- Average grant
- $9,698
- Median grant
- $3,500
- New grantees (estimate)
- 14% first-time grantees (2 of 14, 2024)
- Primary geography
- New Jersey (48% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$136K
-64.3% YoY
Grant Count
14
-63.2% YoY
Avg Grant Size
$10K
-3.2% YoY
Under IRS private-foundation payout rules, The Mazars USA Philanthropic Fund reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
Is The Mazars USA Philanthropic Fund open to new grantees?
14%
first-time grantees, 2024
In 2024, 2 of 14 grantees (14%) were first-time recipients. First grants averaged $750; repeat grants $11K. How we count
Medians: $750 first-time, $5K repeat.
- 71% of 2024 grantees were also funded in 2023. Method
- Giving fell 53% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The Forvis Mazars Foundation says it supports 501(c)(3) public charities dedicated to combating hunger and achieving food security, promoting good health and well-being, and ensuring equal opportunity for students to access quality education. It also says it supports organizations where firm partners or staff are involved or where there is a strong civic connection.
Grantees describe their own missions as follows: the American Heart Association says it works toward “a world of longer, healthier lives”; the Crohn’s & Colitis Foundation says it seeks a cure for Crohn’s disease and ulcerative colitis and to improve the quality of life of people affected by them; and ParentChild says it aims to ensure equal possibilities for all children, regardless of race, socioeconomic status, or ZIP code.
Grantmaking
In 2024, the Fund reported 14 grants totaling $135,772. Grant amounts ranged from $500 to $50,000, with a median of $3,500. The largest grants included $50,000 to the American Heart Association for general support, $35,000 to Meadowlands YMCA for general support, $15,000 to Community FoodBank of New Jersey for general support, and $10,000 to New Jersey Performing Arts Center for general support. Other grants included $5,000 to the Crohn’s & Colitis Foundation and $4,000 to ParentChild, both for general support.
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Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in New Jersey (48%) and New York (46%). Smaller shares went to Delaware (5%), California (1%), and Pennsylvania (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 14 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 $136K (2024) to $381K (2023). In 2024 it made 14 grants totaling $136K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was American Heart Association ($50K). Together the top 10 received $132K.
Grant Size Distribution
212 grants across all recorded years
The most common grant size was under $50K: 210 grants of 212 (99%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Heart Association New York, NY | General Support | $50,000 |
| Meadowlands YMCA East Rutherford, NJ | General Support | $35,000 |
| Community Foodbank of New Jersey Hillside, NJ | General Support | $15,000 |
| New Jersey Performing Arts Center Newark, NJ | General Support | $10,000 |
| American Online Giving Foundation Inc Newark, DE | General Support | $6,522 |
| Crohn's & Colitis Foundation Garden City, NY | General Support | $5,000 |
| Parentchild New York, NY | General Support | $4,000 |
| St John's University the Peter J Tobin College of Business Queens, NY | General Support | $3,000 |
| Oasis - a Haven for Women and Children Paterson, NJ | General Support | $2,250 |
| Chhange Brookdale Community College Lincroft, NJ | General Support | $1,500 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | — | $112,975 | $135,797 | $135,772 |
| 2023 | $22,822 | $380,000 | $380,986 | $380,636 |
| 2022 | $23,808 | $300,000 | $309,083 | $309,058 |
The Fund’s 2024 filing states that it was voluntarily terminating its private-foundation status under IRC Section 507(b)(1)(A), in accordance with a board resolution dated May 31, 2024, and had distributed all of its net assets to charitable organizations.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $22,822 | $23,808 |
| Revenue | $112,975 | $380,000 | $300,000 |
| Expenses | $135,797 | $380,986 | $309,083 |
| Qualifying Distributions | $135,797 | $380,661 | $309,083 |
| Distributable Amount | $3,241 | $1,624 | $1,492 |
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
Leadership team and compensation from IRS filings
The Fund’s 2024 filing lists Victor Wahba and Lisa Osofsky as directors.
The Mazars USA Philanthropic Fund's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lisa Osofsky
Director
On filings since 2020
1 hr/week
No compensation reported
Victor Wahba
Director
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.
Contact
Mailing address: 135 West 50Th Street, New York, NY 10020
Phone: (212) 812-7000
Website: https://forvismazars.us
Frequently asked questions about The Mazars USA Philanthropic Fund
How much does The Mazars USA Philanthropic Fund give each year?
The Mazars USA Philanthropic Fund gave $136K across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $381K across 38 grants.
What is The Mazars USA Philanthropic Fund's typical grant size?
The Mazars USA Philanthropic Fund's median grant in 2024 was $3,500, and its average grant was $9,698, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Mazars USA Philanthropic Fund that year got $750 on average.
Where does The Mazars USA Philanthropic Fund give grants?
The Mazars USA Philanthropic Fund's top state is New Jersey, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest state was New York (46%). The most frequent recipient cities were New York, NY (2 grants).
Does The Mazars USA Philanthropic Fund give general operating support?
Yes: 100% of The Mazars USA Philanthropic Fund's 2024 grants with a stated purpose (14 of 14) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Mazars USA Philanthropic Fund's largest grantees?
The Mazars USA Philanthropic Fund's largest 2024 grantees include American Heart Association ($50,000), Meadowlands YMCA ($35,000) and Community Foodbank of New Jersey ($15,000), according to its 2024 IRS Form 990-PF. Together they received 74% of its itemized 2024 grant dollars.
What does The Mazars USA Philanthropic Fund fund?
The Forvis Mazars Foundation says it supports 501(c)(3) public charities dedicated to combating hunger and achieving food security, promoting good health and well-being, and ensuring equal opportunity for students to access quality education. See mission & focus areas ↑
How do I apply for a grant from The Mazars USA Philanthropic Fund?
The Mazars USA Philanthropic Fund does not accept unsolicited proposals, according to Grantable's research on its published guidelines. Check forvismazars.us for any change to that policy.
How much is The Mazars USA Philanthropic Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mazars USA Philanthropic Fund reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mazars USA Philanthropic Fund's EIN?
The Mazars USA Philanthropic Fund's EIN (Employer Identification Number) is 20-0294869. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Mazars USA Philanthropic Fund accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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