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The Marcus Foundation, Inc.

Profile

Last Updated: 2016-05-11

At A Glance

The Marcus Foundation, Inc.

1266 W. Paces Ferry Rd., No. 615

Atlanta, GA United States 30327-2306

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $121,792,561

Total giving: $68,731,471

EIN

581815651

BRIDGE Number

0246498470

Background

Established in 1989 in GA - Founded by Bernard Marcus, who is a co-founder of Home Depot, a retail home improvement store selling construction products and other home furnishing items ranging from paint to appliances. Bernard and Billi Marcus have committed to The Giving Pledge, and have pledged to give away at least half of their wealth to philanthropy

Purpose and Activities

Support primarily for human services, mental health, Jewish federated giving programs, education, and public affairs.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

Historically, the foundation has made PRIs in the form of a loan to a medical research group for the funding of studies for alternative treatments for ADD and ADHD. In addition, the foundation made a loan to an organization that is developing a treatment for spinal cord injuries.

Fields of Interest

Subjects
  • Education
  • Health
  • Judaism
  • Mental health care
Population Groups
  • Academics
  • Children and youth
  • Students

Financial Data

Year ended 2014-12-31

Assets: $121,792,561 (market value)

Gifts received: $26,822,867

Expenditures: $75,643,473

Total giving: $68,731,471

Qualifying distributions: $74,709,334