Marcovici Family Charitable Tr
- Assets
- $881.1k
- Revenue
- $316.3k
- Investments
- $748.0k
- Employees
- 0
- Location
- Lido Beach, NY
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-6760546
Organization Overview
Marcovici Family Charitable Tr is located in Lido Beach, NY. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marcovici Family Charitable Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Marcovici Family Charitable Tr generated $316.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.2% each year .
Since 2018, Marcovici Family Charitable Tr has awarded 56 individual grants totaling $319,550. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tivadar Marcovici Trustee | 1 | $0 | |
Etella Marcovici Trustee | 1 | $0 | |
Elias Marcovici Trustee | 1 | $0 | |
Ethan Marcovici Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $318,841 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,055 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,606 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $316,290 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $127 |
| Contributions, gifts, grants paid | $70,450 |
| Total expenses and disbursements | $70,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,506 |
| Savings and temporary cash investments | $103,528 |
| 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 | $19,043 |
| Total assets | $881,077 |
| 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 |
Grants Awarded
Over the last fiscal year, Marcovici Family Charitable Tr has awarded $70,450 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMIT CHILDREN INC PURPOSE: GENERAL PURPOSE | $10,000 |
CHABAD OF MISSOULA MONTANA PURPOSE: GENERAL PURPOSE | $2,800 |
CHABAD UD PURPOSE: GENERAL PURPOSE | $1,000 |
LIDO BEACH SYNAGOGUE PURPOSE: GENERAL PURPOSE | $7,200 |
CHABAD OF ST AUGUSTINE PURPOSE: GENERAL PURPOSE | $1,000 |
RAMAZ SCHOOL PURPOSE: GENERAL PURPOSE | $7,500 |