MARCUS FOUNDATION INC: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
MARCUS FOUNDATION INC (EIN 04-3101202)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-03-18
IRS object ID
202640779349301279
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-03-18T12:55:41-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043530932PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PAVENTO RATCLIFFE RENZI & CO LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1391 East Central St Unit 8AAddressLine1Txt
CityFranklinCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02038ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043101202EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Marcus Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMARCBusinessNameControlTxt
Phone5084785567PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Cutler StAddressLine1Txt
CityHopedaleCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01747ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMark NiziakPersonNm
Person TitlePresidentPersonTitleTxt
Phone5084785567PhoneNum
Signature2026-03-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKarla J HopkinsPreparerPersonNm
PTINP00557527PTIN
Phone5085533091PhoneNum
Preparation2026-03-10PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMark NiziakPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Cutler StAddressLine1Txt
CityHopedaleCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01747ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$105,445GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.marcus.foundationWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionThe foundation exists to provide financial support for research in childhood brain tumer treatmentActivityOrMissionDesc
Voting Members Governing Body1VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$54,782PYContributionsGrantsAmt
CY Contributions Grants$70,140CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$38,424PYInvestmentIncomeAmt
CY Investment Income$35,305CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$93,206PYTotalRevenueAmt
CY Total Revenue$105,445CYTotalRevenueAmt
PY Grants And Similar Paid$55,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$50,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$9,207PYOtherExpensesAmt
CY Other Expenses$7,765CYOtherExpensesAmt
PY Total Expenses$64,207PYTotalExpensesAmt
CY Total Expenses$57,765CYTotalExpensesAmt
PY Revenues Less Expenses$28,999PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$47,680CYRevenuesLessExpensesAmt
Total Assets BOY$716,083TotalAssetsBOYAmt
Total Assets EOY$820,768TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$716,083NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$820,768NetAssetsOrFundBalancesEOYAmt
MissionThe foundation exists to provide financial support for research in childhood brain tumor treatmentMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$57,115ExpenseAmt
Grant$50,000GrantAmt
DescThe Foundation exists for the purpose of raising funding for research for childhood brain tumors.Desc
Total Program Service Expenses$57,115TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members1GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMark NiziakPersonNm
Phone5084785567PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Cutler StAddressLine1Txt
CityHopedaleCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01747ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Mark Niziak
President5.00Yes (X)Yes (X)$0$0$0
Drew Niziak
Treasurer5.00Yes (X)Yes (X)$0$0$0
Frank J Bailey
Clerk5.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$70,140AllOtherContributionsAmt
Total Contributions$70,140TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$35,305TotalRevenueColumnAmt
Exclusion$35,305ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$105,445TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$35,305ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$50,000TotalAmt
Program Services$50,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$650TotalAmt
Management And General$650ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$7,115TotalAmt
Program Services$7,115ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$57,765TotalAmt
Program Services$57,115ProgramServicesAmt
Management And General$650ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$42,286BOYAmt
EOY$66,461EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$673,797BOYAmt
EOY$754,307EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$716,083BOYAmt
EOY$820,768EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$716,083BOYAmt
EOY$820,768EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$716,083BOYAmt
EOY$820,768EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$716,083BOYAmt
EOY$820,768EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$47,680ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$57,005NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$78,802CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,250CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,873CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$54,782CurrentTaxYearMinus1YearAmt
Current Tax Year$69,050CurrentTaxYearAmt
Total$267,757TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$78,802CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,250CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,873CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$54,782CurrentTaxYearMinus1YearAmt
Current Tax Year$69,050CurrentTaxYearAmt
Total$267,757TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$141,772SubstantialContributorsTotAmt
Public Support Total170$125,985PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,560CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$27,938CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$26,547CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,048CurrentTaxYearMinus1YearAmt
Current Tax Year$35,247CurrentTaxYearAmt
Total$151,340TotalAmt
FieldValueIRS element (for citing)
Total Support$419,097TotalSupportAmt
Gross Receipts Rltd Activities$1,667GrossReceiptsRltdActivitiesAmt
Public Support CY1700.30060PublicSupportCY170Pct
Public Support PY1700.31330PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Public Support PY5090.31330PublicSupportPY509Pct
Investment Income PY0.35610InvestmentIncomePYPct
Facts And Circumstances TestThe Marcus Foundation was initially established as a publicly supported organization, in memory of Mark S. Niziak Jr ("Marcus'), who died of a brain tumor in 1990, shortly after his 5th birthday. Its main purpose was to support pediatric brain tumor research being conducted at various hospitals.Recently, the Foundation has focused on supporting such research being conducted at the Massachusetts General Hospital ("MGH"), where Marcus was originally treated. Several years ago, within its operations, the Foundation also created the Marcus Fund for Families, to help defray the cost to families being treated at MGH for brain tumors and other neurological diseases.It is the intent of the Foundation to provide annual grants to MGH for such purposes. The Foundation solicits funds from the general public via various fundraising efforts throughout the year, and its public website appeals and personal appeals from those involved with the Foundation and MGH. Much of the Foundation's donations are "anonymous" with no specific donor identified. In addition, during the period of COVID, fewer events were performed due to mandatory quarantines. The Foundation's Board of Directors has also made a concerted effort to expand its base of support via various means to increase their contact base, in order to sustain the requisite support from the general public.FactsAndCircumstancesTestTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Massachusetts General HospitalBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 Nashua StAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02114ZIPCd
FieldValueIRS element (for citing)
Recipient EIN041564655RecipientEIN
IRC Section501(c)(3)IRCSectionDesc
Cash Grant$50,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method Usedcash valueValuationMethodUsedDesc
Purpose Of GrantTo support brain cancer research and families affected by suchPurposeOfGrantTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 2The President and the Treasurer of the organization are brothers.
Form 990, Part VI, Section A, line 8bAll meetings are documented by the Organization President.
Form 990, Part VI, Section B, line 11bThe members of the Governing Body approve the 990 annually before filing.
Form 990, Part VI, Section C, line 19The Form 990 and required documentation is made available to the public upon reuest to the president. The Form 990 is filed and available with the Massachusetts Division of Public Charities and via the IRS Guidestar website

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