Paul and Mareva Marciano Foundation Inc

Analysis

Paul and Mareva Marciano Foundation Inc is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Paul and Mareva Marciano Foundation Inc reported income of $346k and spending of $88k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $103k to $346k (+236%), an average of +236% a year. The sharpest change came in the year to December 2020, when income rose by 236%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Paul and Mareva Marciano Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Paa Foundation Inc ($346k), Alads Cares Foundation ($346k) and Warm Cookies of the Revolution ($346k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $474k against liabilities of $0, net assets of $474k.