The Movado Group Foundation
The Movado Group Foundation is a private foundation based in Paramus, New Jersey. Its 2025 filing reports 18 grants totaling $984,577, including support for arts and cultural institutions, health research, education, and charitable organizations.
The Movado Group Foundation at a glance
In short: The Movado Group Foundation gave $985K across 18 grants in 2025 (avg $55K), mostly in New York. 39% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $984,577
- +5.4% vs 2024
- Grants made (2025)
- 18
- -25.0% vs 2024
- Average grant
- $54,699
- +40.5% vs 2024
- Median grant
- $25,000
- Total assets
- $1,916,306
- -1.2% vs 2024
- New grantees (estimate)
- 39% first-time grantees (7 of 18, 2025; small sample)
- Primary geography
- New York (79% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Movado Group Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: C/O Movado Group Inc 650 From Road, Paramus, NJ 07652-3556
Phone: (201) 267-8000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Movado Group Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Lincoln Center for the Performing A ($359K). Together the top 10 received $876K.
Grant Size Distribution
129 grants across all recorded years
The most common grant size was under $50K: 98 grants of 129 (76%).
Geographic Focus
Where this funder awards grants
In 2025, 79% of grant dollars went to recipients in New York, 10% to Georgia, 5% to California, 5% to Washington, D.C., and 1% to New Jersey.
Grant Distribution by State
Share of 2025 grant dollars across all 18 itemized grants.
States
Cities
Is The Movado Group Foundation open to new grantees?
39%
first-time grantees, 2025
In 2025, 7 of 18 grantees (39%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $34K; repeat grants $68K. How we count
Medians: $25K first-time, $25K repeat.
- 39% of 2025 grantees were also funded in 2024. Method
- Giving fell 25% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $656K (2020) to $1.3M (2022). In 2025 it made 18 grants totaling $985K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lincoln Center for the Performing A New York, NY | Charitable Contribution | $359,000 |
| Breast Cancer Research Foundation New York, NY | Charitable Contribution | $172,077 |
| The Ludacris Foundation East Point, GA | Charitable donation | $100,000 |
| Fashion Scholarship Fund New York, NY | charitable contribution | $50,000 |
| UJA Federation of New York New York, NY | Charitable Contribution | $50,000 |
| Jewelers for Children New York, NY | Charitable Contribution | $45,000 |
| Crossroads School for Arts and Scie Santa Monica, CA | charitable donation | $25,000 |
| National Retail Foundation NRF Washington, DC | Charitable donation | $25,000 |
| Jewish Museum New York, NY | Charitable Contribution | $25,000 |
| LIFT Inc Washington, DC | Charitable contribution | $25,000 |
Ready to take the next step with The Movado Group Foundation?
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 | $1,916,306 | $962,136 | $986,380 | $984,577 | 18 | $968,037 | $110,201 | $77,146 |
| 2024 | $1,940,550 | $112,138 | $937,768 | $934,300 | 24 | $921,780 | $108,670 | $120,281 |
| 2023 | $2,766,180 | $1,963,821 | $1,238,836 | $1,237,086 | 29 | $1,215,736 | $190,721 | $157,872 |
| 2022 | $2,033,344 | $1,382,038 | $1,332,072 | $1,321,175 | 31 | $1,321,175 | $121,141 | $147,425 |
| 2021 | $1,978,228 | $798,000 | $711,595 | $711,100 | 27 | $711,100 | $47,505 | $138,170 |
| 2020 | $1,891,823 | $716,000 | $656,594 | $655,952 | 17 | — | $15,358 | $65,152 |
Under IRS private-foundation payout rules, The Movado Group Foundation reported a distributable amount of $77K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No foundation mission statement is provided in the available information. Its 2025 grants show support for organizations in the arts and culture, health research, education, and social services. For example, the Breast Cancer Research Foundation says its mission is to prevent and cure breast cancer by advancing promising research. The Fashion Scholarship Fund says it advances the fashion industry by encouraging young people to pursue careers in the field. The Jewish Museum says its mission is to collect, preserve, exhibit, and interpret art and Jewish culture. LIFT Inc. says it works to break the cycle of poverty by investing in parents.
Grantmaking
In filing year 2025, the foundation made 18 grants totaling $984,577. Grant amounts ranged from $2,500 to $359,000, with a median of $25,000. Its largest reported grants included $359,000 to Lincoln Center for the Performing A, $172,077 to the Breast Cancer Research Foundation, $100,000 to The Ludacris Foundation, and $50,000 each to the Fashion Scholarship Fund and UJA Federation of New York.
The foundation also reported grants of $45,000 to Jewelers for Children and $25,000 each to Crossroads School for Arts and Scie, National Retail Foundation NRF, the Jewish Museum, LIFT Inc, The Shed, and The UCLA Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Efraim Grinberg, Sallie DeMarsilis, and Mitchell Sussis as directors.
The Movado Group Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Efraim Grinberg
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Mitchell Sussis
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Sallie DeMarsilis
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Movado Group Foundation
How much does The Movado Group Foundation give each year?
The Movado Group Foundation gave $985K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $934K across 24 grants.
What is The Movado Group Foundation's typical grant size?
The Movado Group Foundation's median grant in 2025 was $25,000, and its average grant was $54,699, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Movado Group Foundation that year got $34K on average.
Where does The Movado Group Foundation give grants?
The Movado Group Foundation gives mostly in New York: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Georgia (10%) and California (5%). The most frequent recipient cities were New York, NY (11 grants) and Washington, DC (2 grants).
Who are The Movado Group Foundation's largest grantees?
The Movado Group Foundation's largest 2025 grantees include Lincoln Center for the Performing A ($359,000), Breast Cancer Research Foundation ($172,077) and The Ludacris Foundation ($100,000), according to its 2025 IRS Form 990-PF. Together they received 64% of its itemized 2025 grant dollars.
How large is The Movado Group Foundation?
The Movado Group Foundation reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $968K in qualifying distributions that year, against a required minimum of $77K (roughly 5% of its investment assets).
What does The Movado Group Foundation fund?
No foundation mission statement is provided in the available information. Its 2025 grants show support for organizations in the arts and culture, health research, education, and social services. See mission & focus areas ↑
How do I apply for a grant from The Movado Group Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Movado Group Foundation's EIN?
The Movado Group Foundation's EIN (Employer Identification Number) is 22-3321221. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Movado Group Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Movado Group Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Movado Group Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/the-movado-group-foundation-morg_ad5b3fb4eeee43af8fd3083975bc10ea
BibTeX
@misc{grantable_223321221_2026,
author = {{Grantable}},
title = {{The Movado Group Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-movado-group-foundation-morg_ad5b3fb4eeee43af8fd3083975bc10ea},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Movado Group Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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