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← MARCUM FOUNDATION INC

Form 990 for tax year 2024

Filed by MARCUM FOUNDATION INC.

Totals

Total revenue
$1,147,583
Total expenses
$1,956,460
Contributions and grants received
$1,140,476
Grants paid
$1,599,339
Program service revenue
$0
Investment income
$35,327
Other revenue
-$28,220
Total assets, end of year
$644,534
Total liabilities, end of year
$282,427
Net assets or fund balances, end of year
$362,107
Program services expenses (Part IX)
$1,772,799
Management and general expenses
$99,965
Fundraising expenses
$83,696
Program service expenses (Part III)
$1,772,799

Program services were 90.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $364,328

  • 1f · All other contributions, gifts and grants

    $776,148

  • 3 · Investment income

    total $35,327 · excluded $35,327

  • 8a · Fundraising events: gross income

    $48,818

  • 8b · Fundraising events: direct expenses

    $77,038

  • 8c · Net income from fundraising events

    total -$28,220 · excluded -$28,220

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,599,339 · program services $1,599,339

  • 7 · Other salaries and wages

    total $242,582 · program services $133,431 · management and general $73,591 · fundraising $35,560

  • 11c · Fees: accounting

    total $17,510 · program services $9,631 · management and general $5,312 · fundraising $2,567

  • 11g · Fees: other

    total $7,242 · program services $3,983 · management and general $2,197 · fundraising $1,062

  • 12 · Advertising and promotion

    total $32,073 · fundraising $32,073

  • 13 · Office expenses

    total $14,005 · management and general $14,005

  • 17 · Travel

    total $4,860 · management and general $4,860

  • 24a · Other expenses: SPECIAL EVENT COSTS

    total $38,849 · program services $26,415 · fundraising $12,434

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $680,390 · end of year $309,588

  • 2 · Savings and temporary cash investments

    beginning of year $1,299,956 · end of year $285,282

  • 3 · Pledges and grants receivable

    beginning of year $153,123 · end of year $49,664

  • 17 · Accounts payable and accrued expenses

    beginning of year $60,485 · end of year $49,027

  • 18 · Grants payable

    beginning of year $902,000 · end of year $233,400

  • 27 · Net assets without donor restrictions

    beginning of year $1,162,945 · end of year $354,068

  • 28 · Net assets with donor restrictions

    beginning of year $8,039 · end of year $8,039

Mission and programs · 2024

Mission

THE MARCUM FOUNDATION STRIVES TO BE A LEADING CONTRIBUTOR OF TIME & MONEY, AS A FULLY ENGAGED PARTNER, TO ORGANIZATIONS OFFERING FUNDAMENTAL HUMAN SERVICES TO CHILDREN IN OUR LOCAL COMMUNITIES.WE ENVISION A WORLD WHERE NO CHILD HAS TO WORRY ABOUT THEIR BASIC NEEDSEDUCATION, FOOD, HEALTHCARE AND GENERAL WELLBEING. BY MEETING THESE NEEDS, WE WILL ENSURE THAT ALL CHILDREN CAN WORRY LESS AND ACHIEVE MORE, AS THE FUTURE OF OUR COMMUNITY DEPENDS ON THE SUCCESS OF TODAY'S YOUTH AND YOUNG ADULTS.

  • THE FOUNDATION RAISES FUNDS AND VOLUNTEERS FOR SELECT CHARITIES THROUGH SPECIAL EVENTS, ASSOCIATE GIVING AND OTHER INITIATIVES--PROVIDING THE CRITICAL ASSISTANCE NEEDED FOR ORGANIZATIONS THAT OFFER ESSENTIAL SERVICES IN THESE FOUR CATEGORIES:-HEALTH & SAFETY-EDUCATION & SELF-ESTEEM-FOOD & SHELTER-FAMILY & WELLBEING

    Expenses $1,772,799 · Grants $1,599,339

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tracy A Weiner

    EXECUTIVE DIRECTOR

    Total calculated
    $56,503
    From this org
    $0
    From related orgs
    $50,000
    Other
    $6,503
    Hours/week
    35
  • Shaun Blogg

    CHAIRMAN & PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 40 related
  • Julie Jones

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Ronald Storch

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Jeffrey Zudeck

    BOARD MEMBER - TO 3/2025

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Michael Sacco

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • John Hughes

    BOARD MEMBER - TO 3/2025

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Tracy Gallagher

    BOARD MEMBER - AS OF 3/2025

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Donna Mirandola

    BOARD MEMBER - AS OF 3/2025

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Elizabeth Newman

    BOARD MEMBER - AS OF 3/2025

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Steven Sublett

    BOARD MEMBER - AS OF 3/2025

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Kristen Blanco

    DIRECTOR

    Total calculated
    $128,246
    From this org
    $0
    From related orgs
    $112,036
    Other
    $16,210
    Hours/week
    35

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • MARCUM LLP

    PUBLIC ACCOUNTING · NY

  • MARCUM ADVISORY GROUP LLC

    PUBLIC ACCOUNTING · DE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CBIZ INC

    C · PUBLIC ACCOUNTING · DC

Provenance

Return type
form_990
Tax year
2024
Filed
7 April 2026
IRS schema version
2024v5.5
Source object
202610989349301246

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