The Ruthmarc Foundation Inc

SURFSIDE, FL EIN: 06-1580750

The Ruthmarc Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SURFSIDE, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $628K in total assets. In 2025, it awarded 13 grants totaling $380K. Net investment income was $291K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$628K

-5.0% YoY

Annual Giving

$380K

+82.7% YoY

Grant Count

13

+116.7% YoY

Avg Grant Size

$29K

-15.7% YoY

Under IRS private-foundation payout rules, The Ruthmarc Foundation Inc reported a distributable amount of $44K for 2025 — the minimum it must pay out in qualifying distributions.

About The Ruthmarc Foundation Inc

Based on IRS filings

The Ruthmarc Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SURFSIDE, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $628K in total assets. In 2025, it awarded 13 grants totaling $380K. Net investment income was $291K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AlpineArlingtonCambridgeClevelandCoral GablesIrvingtononhudsonLos AngelesMiamiMiami BeachNew YorkNewarkPhiladelphiaPrincetonSeattleWarrenWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$106K$212K$318K$424K202020212022202320242025
Metric202520242023
Total Assets$627,941$660,815$552,521
Revenue$352,747$316,631$-9,700
Expenses$385,621$208,337$248,628
Qualifying Distributions$380,300$208,200$245,500
Net Investment Income$290,862$313,631$20,317
Distributable Amount$43,904$43,601$54,322

Giving Over Time

Total grant dollars and number of grants per year

$0$95K$190K$285K$380K16 grants202017 grants202113 grants202211 grants20236 grants202413 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

SEEDS ACCESS$72KUNIVERSITY OF MIAMI$59KCLEVELAND CLINIC PHILANT…$36KINSTITUTE FOR JUSTICE$36KREASON FOUNDATION$31KMOUNT SINAI MEDICAL CENT…$25KUNIVERSITY OF MIAMI$25KCATO INSTITUTE$21KACHIEVE MIAMI$18KACHIEVE MIAMI$18K

Grant Size Distribution

60 grants across all recorded years

51<$50K9$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Seeds Access ($72,000), University of Miami ($59,400), Cleveland Clinic Philanthropy Institute ($36,000).

RecipientPurposeAmount
ACHIEVE MIAMI CORAL GABLES, FLEDUCATIONAL ACTIVITIES$18,000
ACHIEVE MIAMI CORAL GABLES, FLEDUCATIONAL ACTIVITIES$18,000
BROTHERS FOR LIFE SEATTLE, WAINTERNATIONAL AID$9,000
CATO INSTITUTE WASHINGTON, DCEDUCATIONAL ACTIVITIES$20,700
CLEVELAND CLINIC PHILANTHROPY INSTITUTE CLEVELAND, OHPUBLIC INTEREST$36,000
INSTITUTE FOR JUSTICE WASHINGTON, DCLIBERTARIAN PUBLIC INTEREST$36,000
MOUNT SINAI MEDICAL CENTER FOUNDATION MIAMI BEACH, FLPUBLIC INTEREST$25,000
PRINCETON MEDICAL CENTER FND PRINCETON, NJPUBLIC INTEREST$18,000
REASON FOUNDATION LOS ANGELES, CALIBERTARIAN PUBLIC INTEREST$30,600
SEEDS ACCESS NEWARK, NJEDUCATIONAL ACTIVITIES$72,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
ANDREW M OKUNPRESIDENT/TREASURER
LAURIE R OKUNVICE PRESIDENT/SECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Ruthmarc Foundation Inc?

The Ruthmarc Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SURFSIDE, FL. It holds $628K in total assets as of 2025.

How large is The Ruthmarc Foundation Inc?

As of 2025, The Ruthmarc Foundation Inc holds $628K in total assets with $353K in annual revenue. It awarded 13 grants totaling $380K in 2025.

Where does The Ruthmarc Foundation Inc operate?

The Ruthmarc Foundation Inc has awarded grants in California, District of Columbia, Florida, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Virginia, Washington.

What size grants does The Ruthmarc Foundation Inc award?

In 2025, The Ruthmarc Foundation Inc awarded 13 grants totaling $380K — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is The Ruthmarc Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Ruthmarc Foundation Inc reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Ruthmarc Foundation Inc's EIN?

The Ruthmarc Foundation Inc's EIN (Employer Identification Number) is 06-1580750. IRS Form 990 filing data is available on this page for 2020–2025.

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

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