The Movado Group Foundation

Private foundation · Grantmaker Paramus, NJ EIN: 22-3321221

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

Lincoln Center for the Performing A: $359KLincoln Center for thePerforming A$359KBreast Cancer Research Foundation: $172KBreast Cancer ResearchFoundation$172KThe Ludacris Foundation: $100KThe Ludacris Foundation$100KFashion Scholarship Fund: $50KFashion Scholarship Fund$50KUJA Federation of New York: $50KUJA Federation of New York$50KJewelers for Children: $45KJewelers for Children$45KCrossroads School for Arts and Scie: $25KCrossroads School for Arts andScie$25KNational Retail Foundation NRF: $25KNational Retail Foundation NRF$25KJewish Museum: $25KJewish Museum$25KLIFT Inc: $25KLIFT Inc$25K

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

98<$50K17$50–100K9$100–250K4$250–500K1$500K–1M$1–5M$5M+

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

12states

Share of 2025 grant dollars across all 18 itemized grants.

Cities

New YorkWashingtonNewarkHasbrouck HeightsMontclairSeattleLong Island CitySanta MonicaSavannahTrentonWest HollywoodBaltimoreBethesdaChesterChicagoEast PointLos AngelesMilfordMillburnMunster

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

$0$500K$1M$1.5M17 grants2020 27 grants2021 31 grants2022 29 grants2023 24 grants2024 18 grants2025

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

RecipientPurposeAmount
Lincoln Center for the Performing A New York, NYCharitable Contribution$359,000
Breast Cancer Research Foundation New York, NYCharitable Contribution$172,077
The Ludacris Foundation East Point, GACharitable donation$100,000
Fashion Scholarship Fund New York, NYcharitable contribution$50,000
UJA Federation of New York New York, NYCharitable Contribution$50,000
Jewelers for Children New York, NYCharitable Contribution$45,000
Crossroads School for Arts and Scie Santa Monica, CAcharitable donation$25,000
National Retail Foundation NRF Washington, DCCharitable donation$25,000
Jewish Museum New York, NYCharitable Contribution$25,000
LIFT Inc Washington, DCCharitable contribution$25,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,916,306$962,136$986,380$984,57718$968,037$110,201$77,146
2024$1,940,550$112,138$937,768$934,30024$921,780$108,670$120,281
2023$2,766,180$1,963,821$1,238,836$1,237,08629$1,215,736$190,721$157,872
2022$2,033,344$1,382,038$1,332,072$1,321,17531$1,321,175$121,141$147,425
2021$1,978,228$798,000$711,595$711,10027$711,100$47,505$138,170
2020$1,891,823$716,000$656,594$655,95217—$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

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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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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