Marxe Family Foundation Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2020, Marxe Family Foundation Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marxe Family Foundation Inc has awarded 46 individual grants totaling $4,920,436. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dianne Marxe Director/president | 1 | $0 | |
Austin W Marxe Director/treasurer/secretary | 10 | $0 | |
Rachel Marxe Fain Director/vice President | 1 | $0 | |
Hope Marxe Director/vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $104,018 |
Dividends & Interest | $267,800 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,607,112 |
Capital Gain Net Income | $1,607,112 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,978,930 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $6,425 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,282 |
Total operating and administrative expenses | $56,942 |
Contributions, gifts, grants paid | $4,584,436 |
Total expenses and disbursements | $4,641,378 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,045,046 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $3,000 |
Total assets | $14,026,419 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Marxe Family Foundation Inc has awarded $4,584,436 in support to 31 organizations.
Grant Recipient | Amount |
---|---|
New York, NY PURPOSE: GENERAL PURPOSE | $4,325,436 |
New York, NY PURPOSE: GENERAL PURPOSE | $150,000 |
New York, NY PURPOSE: GENERAL PURPOSE | $50,000 |
Sag Harbor, NY PURPOSE: GENERAL PURPOSE | $10,000 |
New York, NY PURPOSE: GENERAL PURPOSE | $3,000 |
Warrenton, VA PURPOSE: GENERAL PURPOSE | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
Buffalo Civic Auto Ramps Inc Buffalo, NY | $1,295,027 | $8,289,384 |
Third Sector Capital Partners Inc Boston, MA | $9,236,394 | $11,702,979 |
Data & Society Research Institute New York, NY | $10,964,763 | $6,459,971 |
Pocono Services For Families And Children Inc East Stroudsburg, PA | $5,903,376 | $6,122,160 |
Marxe Family Foundation Inc New York, NY | $14,026,419 | $1,978,930 |
Greater Syracuse Property Development Corporation Syracuse, NY | $6,042,694 | $3,813,121 |
Bend The Arc Jewish Action Inc New York, NY | $3,102,192 | $4,120,102 |
Build Commonwealth Inc Boston, MA | $9,946,582 | $11,363,097 |
East Mid-Manhattan District Management Association Inc New York, NY | $2,986,970 | $3,548,973 |
New York 811 Inc Bohemia, NY | $3,788,269 | $3,136,091 |
Boston Public Market Boston, MA | $11,582,740 | $1,737,815 |
Jin Hua Foundation Alpine, NJ | $2,638,259 | $1,872,265 |