Marc Charitable Fund Inc

Private Family Foundation | New York, NY

Quick Stats

Annual Giving: $1,257,600 (2023)
Total Assets: $52.4 million (2024)
Grant Range: $10,000 - $250,000
Number of Grants: 7-8 awards annually
Geographic Focus: New York, Maryland, Minnesota, Connecticut, Massachusetts
Application Process: Does not accept unsolicited proposals

Contact Details

Mailing Address:
C/O DZ Capital LLC
P.O. Box 4748
New York, NY 10185-4748

Note: The foundation explicitly states they do not accept unsolicited proposals.

Overview

Marc Charitable Fund Inc is a private grantmaking foundation established in December 2017 and based in New York. With total assets exceeding $52 million as of 2024, the foundation has demonstrated significant growth since its inception, increasing from approximately $29 million in 2022. The foundation made $1.7 million in charitable disbursements in 2024, supporting organizations working in education, refugee and immigration services, food security, international affairs, and public policy research.

Led by President Joshua Steiner—a Yale University trustee, International Rescue Committee board member, and partner at SSW Partners—and Vice President Antoinette Delruelle—an attorney and mediator at New York Legal Assistance Group—the foundation reflects their shared commitment to social justice, education, and supporting vulnerable populations. The foundation operates on an invitational basis and does not accept unsolicited applications, making strategic grants to organizations aligned with the board members' philanthropic networks and priorities.

Funding Priorities

Grant Programs

Marc Charitable Fund Inc does not operate formal grant programs with applications. Instead, the foundation makes discretionary grants on an invitational basis. Awards typically range from $10,000 to $250,000.

Recent Grant Activity:

2024: $1,695,903 in charitable disbursements
2023: 7 awards totaling $1,257,600
2022: 8 awards totaling approximately $887,000
2021: 7 awards totaling $495,000

Grants are awarded throughout the year at the discretion of the trustees, rather than on fixed cycles or deadlines.

Priority Areas

Based on IRS Form 990-PF filings, the foundation supports:

Education & Research

Graduate and professional schools
Universities and higher education institutions
Research institutes and public policy analysis organizations
Educational programs and scholarships

International Affairs & Humanitarian Services

International migration and refugee issues
Foreign affairs and national security initiatives
Organizations serving immigrant and refugee communities
International humanitarian organizations

Food Security & Nutrition

Food programs and food banks
Agriculture and nutrition initiatives
Organizations addressing hunger and food insecurity

Other Priority Areas

Philanthropy, voluntarism, and grantmaking foundations
Professional societies and associations
Management and technical assistance organizations
Federated giving programs
Alliances and advocacy organizations
Religion-related causes

Geographic Focus

The foundation primarily supports organizations in:

New York (primary geographic focus)
Maryland
Minnesota
Connecticut
Massachusetts

While most grants are made to organizations in these states, the foundation's interest in international affairs suggests openness to organizations working globally on refugee and humanitarian issues.

What They Don't Fund

While the foundation has not published explicit exclusions, as a private family foundation operating on an invitational basis, they do not fund:

Organizations outside their network or areas of strategic interest
Unsolicited proposals from any organization
Projects unrelated to their core focus areas

Governance and Leadership

Officers

Joshua Steiner - President and Treasurer

Joshua Steiner brings extensive experience in finance, public service, and philanthropy to his leadership of Marc Charitable Fund Inc. He currently serves as a partner at SSW Partners, a private investment firm, and as a senior adviser at Bloomberg LP. Previously, he co-founded and served as co-president of Quadrangle Group LLC, a private equity and asset management firm, and worked as a Managing Director at Lazard Frères & Co.

From 1993 to 1995, Steiner served as Chief of Staff of the U.S. Department of the Treasury during the Clinton Administration, demonstrating his commitment to public service early in his career.

Steiner's extensive board involvement reveals the foundation's likely philanthropic priorities and networks:

Trustee, Yale University (Yale College Class of 1987, BA in History; Oxford University, Master of Studies in Modern History)
Board Member, International Rescue Committee (humanitarian organization focused on refugee services)
Board Member, SNF Agora Institute at Johns Hopkins University (focused on civic engagement and democracy)
Honorary Trustee, New York Public Library (former Vice Chair of the board)
Adviser to The Hamilton Project (economic policy initiative)

Antoinette Delruelle - Vice President

Antoinette Delruelle is an attorney and mediator at the New York Legal Assistance Group (NYLAG), where she has worked since founding the Mediation Project in 2013. She has been a mediator since 2009 and an attorney since 1994. At NYLAG, she focuses on providing free legal services, financial counseling, and advocacy for individuals and families experiencing poverty.

Delruelle's professional background in legal services for low-income New Yorkers and her work in mediation and conflict resolution inform the foundation's commitment to social justice and supporting vulnerable populations.

Both officers serve without compensation, and together they have also supported the New York Landmarks Conservancy, demonstrating their commitment to preserving New York's historic and cultural heritage.

Application Process & Timeline

How to Apply

Marc Charitable Fund Inc does not accept unsolicited proposals.

As stated explicitly on the foundation's website: "Please note that we do not accept unsolicited proposals."

This is a private family foundation that operates through trustee discretion. Grants are made on an invitational basis to organizations identified by the board members as aligned with the foundation's mission and priorities.

Organizations should not submit proposals, letters of inquiry, or other application materials unless specifically invited to do so by the foundation.

Getting on Their Radar

IMPORTANT: The following observations are based on public information about the foundation's leadership and grant-making patterns. The foundation has not published official guidance on how organizations might connect with them.

Given the board members' professional and philanthropic networks, organizations most likely to be considered for funding include:

Organizations Connected to Board Members' Networks:

International Rescue Committee partners - Joshua Steiner serves on the IRC board, suggesting the foundation may support organizations working with refugees, immigrants, and displaced populations, particularly those collaborating with or known to IRC
Yale University affiliates - Educational institutions, programs, or initiatives connected to Yale or its alumni network
Johns Hopkins/Agora Institute partners - Organizations focused on civic engagement, democracy, public policy, and strengthening democratic institutions
New York-focused nonprofits - Organizations serving vulnerable New Yorkers, particularly in education, legal services, food security, or social justice

Strategic Alignment Factors:

Organizations working in the foundation's documented focus areas (education, refugee services, food security, international affairs)
Nonprofits operating in the foundation's geographic areas of interest (New York, Maryland, Minnesota, Connecticut, Massachusetts)
Organizations led by or serving communities experiencing poverty or displacement
Institutions engaged in public policy research or civic education

Potential Connection Points: Since Steiner serves on multiple boards and is active in the nonprofit sector, organizations might cultivate relationships through:

Professional associations and conferences in international affairs, refugee services, or education
Yale University alumni networks and events
International Rescue Committee events and partnerships
Johns Hopkins SNF Agora Institute programs and convenings

However, it is important to emphasize that even meeting these criteria does not guarantee funding, and organizations should not invest significant resources in pursuing this foundation unless specifically invited to apply.

Decision Timeline

The foundation does not operate on fixed application cycles. Decisions are made at the discretion of the trustees throughout the year.

Based on IRS filings:

Form 990-PF filed annually in November
Grants awarded throughout the fiscal year
No published timeline for decision-making

Success Rates

Specific success rate data is not available. However, the foundation makes a small number of grants annually (7-8 awards) from what is likely a much larger pool of organizations within the board members' networks, suggesting a highly selective process even among invited organizations.

Reapplication Policy

Not applicable, as the foundation does not accept unsolicited applications. Organizations that have previously received funding may be considered for additional support at the trustees' discretion.

Application Success Factors

Note: The following observations are based on analysis of publicly available information about the foundation's giving patterns, leadership priorities, and IRS filings. The foundation has not published official guidance on what makes applications successful.

Alignment with Board Members' Priorities

The strongest indicator of potential funding is alignment with the documented interests and affiliations of Joshua Steiner and Antoinette Delruelle:

International Humanitarian Focus
Steiner's board membership at the International Rescue Committee is a significant signal. Organizations working on refugee resettlement, immigrant integration, international relief, or related humanitarian issues appear to be a priority. The foundation's IRS filings specifically list "International Migration & Refugee Issues" as a focus area.

Educational Excellence and Access
Both officers have strong educational backgrounds (Steiner from Yale and Oxford; Delruelle's work supporting educational access for low-income families). The foundation supports graduate schools, universities, and educational research. Organizations connecting education with social mobility or serving underrepresented students may be of particular interest.

Social Justice and Legal Services
Delruelle's career at New York Legal Assistance Group, providing free legal services to families in poverty, suggests interest in organizations addressing systemic inequality, access to justice, and services for vulnerable populations.

Public Policy and Civic Engagement
Steiner's involvement with the Agora Institute at Johns Hopkins (focused on strengthening democracy) and The Hamilton Project (economic policy) indicates interest in organizations engaged in policy research, civic education, and democratic institution-building.

Geographic Considerations

While the foundation has made grants in five states (NY, MD, MN, CT, MA), there is a clear New York focus, which aligns with both officers' professional bases and Delruelle's work serving New York families. Organizations based in or primarily serving New York communities may have an advantage.

Organizational Characteristics

Based on the foundation's grant ranges ($10,000-$250,000) and focus areas, likely grantees include:

Established organizations with proven track records
Universities and research institutions
National or regional nonprofits with significant impact
Organizations with sophisticated programs requiring substantial funding
Professional associations and policy institutes

The grant amounts suggest the foundation is not focused on small grassroots organizations or seed funding, but rather on supporting established programs and institutions.

Network and Relationships

As a private foundation operating without a public application process, existing relationships and networks are paramount. Organizations already known to the trustees—whether through Steiner's board service at IRC, Yale, or Johns Hopkins, or through Delruelle's work in New York's legal services community—are most likely to receive consideration.

Key Takeaways for Grant Writers

Do not submit unsolicited proposals - This foundation explicitly does not accept applications from organizations that have not been invited. Time spent developing proposals will not be productive.
Private family foundation - Marc Charitable Fund Inc is a personal philanthropic vehicle for Joshua Steiner and Antoinette Delruelle, operated through their discretion rather than formal programs.
Network-driven grantmaking - Funding flows to organizations within the trustees' professional and philanthropic networks, particularly those connected to the International Rescue Committee, Yale University, Johns Hopkins, and New York's social services sector.
Substantial and growing foundation - With over $52 million in assets and growing charitable disbursements (from $495,000 in 2021 to nearly $1.7 million in 2024), this is a significant funder, but access is highly restricted.
Focus on vulnerable populations - Both officers have demonstrated career-long commitment to serving refugees, immigrants, low-income families, and other marginalized communities through their professional work and board service.
Education and international affairs priorities - The foundation's giving patterns show strong support for higher education institutions and organizations working on international humanitarian issues, refugee services, and foreign affairs.
Relationship-building not worthwhile unless you have a strong connection - Unlike foundations with public application processes where relationship-building can eventually lead to funding, this foundation's invitational-only approach means organizations should not invest in cultivation efforts unless they already have a direct connection to board members.
Look for board members' public statements - Since Joshua Steiner serves on multiple boards and has held public positions, monitoring his public statements, writings, and priorities may provide insight into the foundation's evolving interests, though this should not be mistaken for an invitation to apply.

References

ProPublica Nonprofit Explorer - Marc Charitable Fund Inc
https://projects.propublica.org/nonprofits/organizations/822287561
Accessed: January 2026
Source of financial data, IRS Form 990-PF filings (2019-2024), charitable disbursements, revenue sources
Instrumentl - Marc Charitable Fund Inc 990 Report
https://www.instrumentl.com/990-report/marc-charitable-fund-inc
Accessed: January 2026
Source of grant activity by year, focus areas, geographic giving patterns, leadership information, typical grant ranges
MARC Fund Official Website
https://marcfund.org/
Accessed: January 2026
Source of application policy ("does not accept unsolicited proposals"), contact information
OpenGovUS - Marc Charitable Fund, Inc. Corporation Record
https://opengovus.com/new-york-state-corporation/5174606
Accessed: January 2026
Source of incorporation date (July 24, 2017), registered agent (DZ Capital LLC), business address
Yale University - Board of Trustees - Joshua L. Steiner
https://www.yale.edu/board-trustees/current-trustees/joshua-steiner
Accessed: January 2026
Source of Joshua Steiner's educational background, trustee role, biography
Yale For Humanity - Joshua Steiner '87
https://forhumanity.yale.edu/joshua-steiner-87
Accessed: January 2026
Source of Steiner's philanthropic commitments and Yale involvement
SSW Partners - Joshua Steiner Profile
https://sswpartners.com/team/joshua-steiner/
Accessed: January 2026
Source of current professional position, career history including Treasury Department service and Quadrangle Group
Wikipedia - Joshua Steiner
https://en.wikipedia.org/wiki/Joshua_Steiner
Accessed: January 2026
Source of biographical information, government service, professional background
International Rescue Committee - Board and Advisors
https://www.rescue.org/board-and-advisors
Accessed: January 2026
Source of confirmation of Joshua Steiner's IRC board membership
SNF Agora Institute at Johns Hopkins - Joshua L. Steiner
https://snfagora.jhu.edu/person/joshua-l-steiner/
Accessed: January 2026
Source of Steiner's involvement with Agora Institute focused on civic engagement and democracy
New York Legal Assistance Group - Antoinette Delruelle
https://www.nylag.org/staff/antoinette-delruelle
Accessed: January 2026
Source of Antoinette Delruelle's biography, professional role, work history in mediation and legal services
LinkedIn - Antoinette Delruelle
https://www.linkedin.com/in/antoinette-delruelle-887893126/
Accessed: January 2026
Source of professional background and timeline
The Center for Understanding in Conflict - Antoinette Delruelle
https://understandinginconflict.org/antoinette-delruelle/
Accessed: January 2026
Source of mediation credentials and approach
New York Landmarks Conservancy - Our Donors
https://nylandmarks.org/who-we-are/our-supporters/our-donors/
Accessed: January 2026
Source of joint philanthropic activity listing "Antoinette Delruelle & Joshua L. Steiner" as donors
Charity Navigator - Marc Charitable Fund Inc Profile
https://www.charitynavigator.org/ein/822287561
Accessed: January 2026
Source of basic organization information and tax-exempt status confirmation
The Hamilton Project - Joshua L. Steiner
https://www.hamiltonproject.org/people/joshua-l-steiner/
Accessed: January 2026
Source of Steiner's involvement in economic policy work