The Ruthmarc Foundation Inc
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.
Key facts about The Ruthmarc Foundation Inc
- EIN
- 06-1580750
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $380,300
- Grants made (2025)
- 13
- Average grant
- $29,254
- Median grant
- $25,000
- New grantees (estimate)
- 18% first-time grantees (2 of 11, 2025)
- Total assets
- $627,941
- Primary geography
- Florida (38% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Ruthmarc Foundation Inc funds
By grant dollars, the top recipient states for The Ruthmarc Foundation Inc's 13 itemized 2025 grants were Florida (38%), New Jersey (24%) and District of Columbia (15%). The most frequent recipient cities were Miami, FL (2 grants), Washington, DC (2 grants) and Coral Gables, FL (2 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "Educational Activities" (6 grants) and "Public Interest" (3 grants).
Is The Ruthmarc Foundation Inc open to new grantees?
18%
first-time grantees, 2025
In 2025, 2 of 11 grantees (18%) were first-time recipients. First grants averaged $47K; repeat grants $32K. How we count
Medians: $47K first-time, $31K repeat.
- 45% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+20%). Method
- In 2025 it paid out 866% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Ruthmarc Foundation Inc
- How to evaluate The Ruthmarc Foundation Inc as a funder
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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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include University of Miami ($84,400 across 2 grants), Seeds Access ($72,000), Achieve Miami ($36,000 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| SEEDS ACCESS Newark, NJ | EDUCATIONAL ACTIVITIES | $72,000 |
| UNIVERSITY OF MIAMI Miami, FL | EDUCTIONAL ACTIVITIES | $59,400 |
| CLEVELAND CLINIC PHILANTHROPY INSTITUTE Cleveland, OH | PUBLIC INTEREST | $36,000 |
| INSTITUTE FOR JUSTICE Washington, DC | LIBERTARIAN PUBLIC INTEREST | $36,000 |
| REASON FOUNDATION Los Angeles, CA | LIBERTARIAN PUBLIC INTEREST | $30,600 |
| MOUNT SINAI MEDICAL CENTER FOUNDATION Miami Beach, FL | PUBLIC INTEREST | $25,000 |
| UNIVERSITY OF MIAMI Miami, FL | EDUCATIONAL ACTIVITIES | $25,000 |
| CATO INSTITUTE Washington, DC | EDUCATIONAL ACTIVITIES | $20,700 |
| ACHIEVE MIAMI Coral Gables, FL | EDUCATIONAL ACTIVITIES | $18,000 |
| ACHIEVE MIAMI Coral Gables, FL | EDUCATIONAL ACTIVITIES | $18,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Andrew M Okun | President/Treasurer | — | — |
| Laurie R Okun | Vice 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 September 2026. Sourced from IRS Form 990-PF filings.