Vernon and Linda Mar Family Foundation Inc
Vernon and Linda Mar Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $491K in total assets. In 2024, it awarded 5 grants totaling $25K. Net investment income was $19K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$491K
-3.5% YoY
Annual Giving
$25K
Grant Count
5
Avg Grant Size
$5K
Under IRS private-foundation payout rules, Vernon and Linda Mar Family Foundation Inc reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
About Vernon and Linda Mar Family Foundation Inc
Based on IRS filings
Vernon and Linda Mar Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $491K in total assets. In 2024, it awarded 5 grants totaling $25K. Net investment income was $19K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $490,618 | $508,329 |
| Revenue | $21,136 | $513,465 |
| Expenses | $38,847 | $5,136 |
| Qualifying Distributions | $29,720 | $5,000 |
| Net Investment Income | $18,609 | $439,452 |
| Distributable Amount | $26,216 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Uc Santa Barbara Foundation ($12,500), The U C Davis Foundation ($12,120), Food Share Inc ($200).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTER FOR SCIENCE IN THE PUBLIC INTEREST WASHINGTON, DC | General & Unrestricted | $115 |
| FOOD SHARE INC OXNARD, CA | General & Unrestricted | $200 |
| NATURAL RESOURCES DEFENSE COUNCIL INC NEW YORK, NY | General & Unrestricted | $100 |
| THE U C DAVIS FOUNDATION DAVIS, CA | Establishment of the Vernon and Linda Mar Family Foundation Scholarship Fund | $12,120 |
| UC SANTA BARBARA FOUNDATION SANTA BARBARA, CA | The Vernon and Linda Mar Family Scholarship Fund for students majoringin Molecular, Cellular and Developmental Biology | $12,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Linda G Mar | Dir | 1 | — |
| Vernon L Mar | Pres, Sec, Treas, Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vernon and Linda Mar Family Foundation Inc?
Vernon and Linda Mar Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $491K in total assets as of 2024.
How large is Vernon and Linda Mar Family Foundation Inc?
As of 2024, Vernon and Linda Mar Family Foundation Inc holds $491K in total assets with $21K in annual revenue. It awarded 5 grants totaling $25K in 2024.
Where does Vernon and Linda Mar Family Foundation Inc operate?
Vernon and Linda Mar Family Foundation Inc has awarded grants in California, District of Columbia, New York.
What size grants does Vernon and Linda Mar Family Foundation Inc award?
In 2024, Vernon and Linda Mar Family Foundation Inc awarded 5 grants totaling $25K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Vernon and Linda Mar Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vernon and Linda Mar Family Foundation Inc reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vernon and Linda Mar Family Foundation Inc's EIN?
Vernon and Linda Mar Family Foundation Inc's EIN (Employer Identification Number) is 93-2245108. IRS Form 990 filing data is available on this page for 2023–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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