Nonprofit · EIN 03-0536676
V&L MARX FOUNDATION
Tax-exempt · SCARSDALE, NY 10583
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $3,786,406 | $7,958,447 | -$4,172,041 | $61,182,251 | $48,704 | $61,133,547 |
| December 31, 2024 | 990-PF | $4,977,792 | $6,986,669 | -$2,008,877 | $65,344,859 | $39,271 | $65,305,588 |
| December 31, 2023 | 990-PF | $3,732,226 | $7,046,209 | -$3,313,983 | $67,349,308 | $34,843 | $67,314,465 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $3,106,550
- Interest
- $86,401
- Net rental income
- $20,076
- Net gain from sales of assets
- $538,966
- Other income
- $34,413
Expenses
- Grants and similar amounts paid
- $7,647,500
- Disbursements for charitable purposes
- $7,657,195
- Excise tax on investment income
- $49,752
Balance sheet and other
- Total assets, start of year
- $65,344,859
- Total assets, end of year
- $61,182,251
- Total liabilities, end of year
- $48,704
- Net assets, end of year
- $61,133,547
- Fair market value of assets
- $183,575,937
- Qualifying distributions
- $7,657,195
- Net investment income
- $3,786,406
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | PRESIDENT | 15 | $0 |
| WENDY GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | SECRETARY | 2 | $0 |
| LEONARD GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | VP/CHIEF FIN | 5 | $0 |
| JON GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | TREASURER | 2 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | PRESIDENT | 15 | $0 |
| WENDY GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | SECRETARY | 2 | $0 |
| LEONARD GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | VP/CHIEF FIN | 5 | $0 |
| JON GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | TREASURER | 2 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | PRESIDENT | 15 | $0 |
| WENDY GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | SECRETARY | 2 | $0 |
| LEONARD GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | VP/CHIEF FIN | 5 | $0 |
| JON GRUENBERG 14 BROOKLINE ROAD, SCARSDALE, NY 10583 | TREASURER | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 14 BROOKLINE RD, SCARSDALE, NY 10583-6004
- In care of
- % JENNIFER GRUENBERG
- Signed the 990-PF
- JENNIFER GRUENBERG, PRESIDENT
- Phone
- (201) 909-0090
- Return prepared by
- BOTWINICK & COMPANY LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 03-0536676
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $61,182,251
- Income (IRS master file)
- $15,864,345
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $3,786,406 | $7,958,447 | $61,182,251 | IRS |
| 990-PF | December 2024 | $4,977,792 | $6,986,669 | $65,344,859 | IRS |
| 990-PF | December 2023 | $3,732,226 | $7,046,209 | $67,349,308 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0536676).
Questions about V&L MARX FOUNDATION
- What is the EIN of V&L MARX FOUNDATION?
- The employer identification number (EIN) of V&L MARX FOUNDATION is 03-0536676.
- Is V&L MARX FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to V&L MARX FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does V&L MARX FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of V&L MARX FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did V&L MARX FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of V&L MARX FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does V&L MARX FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,786,406, expenses of $7,958,447 and total assets of $61,182,251 at year end.
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