Skip to main content

Nonprofit · EIN 58-1815651

MARCUS FOUNDATION INC

Tax-exempt · ATLANTA, GA 30327

Financials

$222M$223.5M2023$547.9M$261.6M2024
Revenue Expenses · by fiscal year end
Financials of MARCUS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF (amended)$547,934,030$261,620,885$286,313,145$366,827,569$425,132,807-$58,305,238
December 31, 2023990-PF$222,024,981$223,457,384-$1,432,403$103,973,296$427,789,831-$323,816,535
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$538,642,545
Dividends
$3,465,292
Net gain from sales of assets
$5,820,684
Other income
$5,509

Expenses

Grants and similar amounts paid
$227,455,181
Compensation of officers, directors and key employees
$1,201,601
Salaries, compensation and benefits (total)
$1,849,008
Disbursements for charitable purposes
$258,879,196
Excise tax on investment income
$2,009,019

Balance sheet and other

Total assets, start of year
$103,973,296
Total assets, end of year
$366,827,569
Total liabilities, end of year
$425,132,807
Net assets, end of year
-$58,305,238
Fair market value of assets
$366,827,569
Qualifying distributions
$258,879,196
Net investment income
$145,257,088

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MEDICAL DIRECTOR
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
MEDICAL DIRECTOR
Highest-paid employee
40$839,035$156,370
JAY KAIMAN
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR AND PRESIDENT40$570,048$103,445
RENAY BLUMENTHAL
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
VICE PRESIDENT40$423,907$65,806
PROG OFFICER
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
PROG OFFICER
Highest-paid employee
40$247,304$78,813
PROG OFFICER
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
PROG OFFICER
Highest-paid employee
40$240,362$77,616
PROG OFFICER
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
PROG OFFICER
Highest-paid employee
40$112,573$57,480
DOUGLAS P DINAPOLI
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
CHIEF FINANCIAL OFFICER10$107,531$22,599
EXCECUTIVE ASSISTANT
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
EXCECUTIVE ASSISTANT
Highest-paid employee
40$98,327$32,101
FREDERICK MARCUS
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR10$50,076$45,556
MICHAEL MORRIS
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR10$50,039$35,379
BERNARD MARCUS
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
FORMER CHAIRMAN10$0$0
KEN LANGONE
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0$0
DOUG HERTZ
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0$0
FREDERICK SLAGLE
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
FORMER SEC/TREASURER5$0$0
JAMES GRIEN
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0$0
5 more people on this return
NameTitleHours / weekCompensation
LARRY SMITH
1266 W PACES FERRY RD 615, ATLANTA, GA 30339
DIRECTOR2$0
MICHAEL LEVEN
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0
FRANK BLAKE
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR AND CHAIRMAN20$0
TINA PRICE
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0
TONY GELBART
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0
990-PF for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
SIMMONS J
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
MEDICAL DIRECTOR
Highest-paid employee
40$807,094$147,123
JAY KAIMAN
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
PRESIDENT40$549,008$97,695
RENAY BLUMENTHAL
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
VICE PRESIDENT40$407,362$63,325
RUZEK M
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
PROG OFFICER
Highest-paid employee
40$237,008$71,721
KAISER-BLUETH J
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
PROG OFFICER
Highest-paid employee
40$230,396$70,573
DOUGLAS P DINAPOLI
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
FINANCE DIRECTOR10$123,243$25,074
NORTHCUTT A
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
EXCECUTIVE ASSISTANT
Highest-paid employee
40$95,520$29,561
BRAID R
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
GRANTS ADMINISTRATOR
Highest-paid employee
40$86,850$48,923
FREDERICK MARCUS
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR10$51,140$43,167
MICHAEL MORRIS
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR10$50,056$19,335
BERNARD MARCUS
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
CHAIRMAN10$0$0
KEN LANGONE
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0$0
DOUG HERTZ
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0$0
FREDERICK SLAGLE
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
SEC/TREASURER5$0$0
JAMES GRIEN
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0$0
LARRY SMITH
1266 W PACES FERRY RD 615, ATLANTA, GA 30339
DIRECTOR2$0$0
MICHAEL LEVEN
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0$0
FRANK BLAKE
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0$0
TINA PRICE
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0$0
TONY GELBART
1266 W PACES FERRY RD 615, ATLANTA, GA 30327
DIRECTOR2$0$0

Address and contacts

Address (IRS master file)
1266 W PACES FERRY RD NW, ATLANTA, GA 30327-2306
In care of
% TILLER STEWART & CO LLC
Signed the 990-PF
DOUGLAS P DINAPOLI, CFO
Phone
(404) 240-7700
Return prepared by
MSTILLER 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
58-1815651
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
1989
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$366,827,569
Income (IRS master file)
$694,108,684

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$547,934,030$261,620,885$366,827,569XML
990-TDecember 2024–––IRS
990-PFDecember 2023$222,024,981$223,457,384$103,973,296XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 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 58-1815651).

Questions about MARCUS FOUNDATION INC

What is the EIN of MARCUS FOUNDATION INC?
The employer identification number (EIN) of MARCUS FOUNDATION INC is 58-1815651.
Is MARCUS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to MARCUS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MARCUS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MARCUS FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARCUS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MARCUS FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 20 people; 10 received compensation from the organization, the highest $839,035 (MEDICAL DIRECTOR, MEDICAL DIRECTOR).
How much revenue does MARCUS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $547,934,030, expenses of $261,620,885 and total assets of $366,827,569 at year end.

Other nonprofits in ATLANTA

All nonprofits in ATLANTA · Georgia