S & L Marx Foundation Inc
Quick Stats
- Annual Giving: $4,971,666 (2024)
- Success Rate: Not publicly available
- Decision Time: Not publicly available
- Grant Range: Not publicly disclosed
- Geographic Focus: Not specified
Contact Details
- Website: Not available
- Phone: Not publicly listed
- Email: Not publicly listed
- Address: c/o Foundation Source, 501 Silverside Rd, Wilmington, DE 19809
Overview
The S & L Marx Foundation Inc is a private family foundation established in 2004 and based in Greenwich, Connecticut, though administratively managed through Foundation Source in Delaware. With total assets exceeding $83 million as of 2024, the foundation distributed approximately $5 million in charitable disbursements during their most recent reporting period. The foundation generates revenue primarily through investment activities, including dividends ($3.7 million) and sales of assets ($8.5 million), suggesting a sophisticated investment strategy to sustain their grantmaking activities.
Funding Priorities
Grant Programs
Information about specific grant programs is not publicly available. The foundation distributed $4,971,666 in charitable disbursements in 2024.
Priority Areas
Specific funding priorities are not publicly disclosed by the foundation.
What They Don't Fund
Exclusions are not publicly specified.
Governance and Leadership
The foundation is governed by a family board structure:
- President: Sylvia Marx
- Executive Director/Secretary: Nancy M Better (Compensation: $189,000)
- Treasurer: James Better
- Directors: Charles Better, David Better, Sarah Better, Laura Weintraub Beck
Application Process & Timeline
How to Apply
This funder does not have a public application process. Grants appear to be made at the discretion of the board of directors, likely to pre-selected organizations or through existing relationships.
Decision Timeline
Not applicable - no public application process exists.
Success Rates
Not applicable - no public application data available.
Reapplication Policy
Not applicable - no public application process exists.
Application Success Factors
Due to the private nature of this foundation and lack of public application process, traditional application success factors do not apply. Organizations seeking support would need to establish connections with board members or be identified through the foundation's own research and networks.
Key Takeaways for Grant Writers
- This is a private family foundation with no public application process
- Annual charitable disbursements of approximately $5 million suggest substantial grantmaking capacity
- Family governance structure indicates grants may align with family interests and values
- Foundation is administratively managed through Foundation Source, a common service for private foundations
- Without a public application process, relationship building with board members would be essential
- The foundation maintains a low public profile with minimal publicly available information about funding priorities
References
- ProPublica Nonprofit Explorer - S & L Marx Foundation Inc profile (accessed December 31, 2025)
- GuideStar Organization Profile for EIN 20-0677535 (accessed December 31, 2025)
- IRS Tax-Exempt Organization Search Database