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THOMAS AND MARINA PURCELL FAMILY FOUNDATION
NEW YORK, NY · EIN 262626965 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$1.8M
expenses
$268K
net assets
$40.8M
employees
—
profile · synthesized from sources

Private family foundation based in New York that makes grants to nonprofit organizations. Primary giving focuses on education, youth support, and general charitable purposes. In recent years, has directed significant funding to donor-advised vehicles and institutions in the New York area.

named programs · 3 · from sources

What they call their work

Education Grants
Provides funding to educational institutions and programs, including universities, private secondary schools, and teacher development organizations
General Support Grants
Makes contributions to established nonprofit intermediaries and charitable trusts for broad charitable purposes
Youth Support
Grants supporting programs that serve youth, particularly in underserved communities
activities · 3 groups

What they do

  • Multi-Institution Scholarship Funding 1 activity
    • Funding educational programs at academic institutions
      Supports educational and athletic programs at universities and schools through targeted grants, including $135,000 to Georgetown University for athletics, $20,000 to Harvard Business School, $15,000 to Teaching Matters, $10,000 each to The Green House Venture, St Louis University High School, and Pomfret School Incorporated.
  • General Operating Support Grants 1 activity
    • Funding general support grants to nonprofit organizations
      Provides financial support to nonprofit organizations such as the National Philanthropic Trust and the Fund for the City of New York for general operational purposes. Grants range from $5,000 to over $1.7 million.
  • Flexible Grants to Grassroots Organizations 1 activity
    • Funding youth development programs
      Provides grants to support youth-focused initiatives, including a $500,000 award to DREAM for youth programs.
financials · form 990PF · fy2024
revenue
Total revenue$1.79M
Contributions & grants$386K22%
Program service revenue——
Investment income$317K18%
Other revenue$1.04M
expenses
Total expenses$268K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$1.71M
balance sheet
Total assets$40.81M
Cash—
Investments—
Liabilities—
Net assets$40.81M
4 years on record · 2020–2024 · YoY revenue +139.9%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • MARINA S PURCELL — TRUSTEE
  • THOMAS W PURCELL JR — TRUSTEE
relationships · 10

Who they work with

  • DREAM Partner — Receives funding from the foundation for youth support programs.
  • FUND FOR THE CITY OF NEW YORK Partner — Receives general support grants from the foundation.
  • GEORGETOWN UNIVERSITY Partner — Receives funding from the foundation for athletic support.
  • HARVARD BUSINESS SCHOOL Partner — Receives funding from the foundation for education.
  • NATIONAL PHILANTHROPIC TRUST Partner — Receives general support grants from the foundation.
  • POMFRET SCHOOL INCORPORATED Partner — Receives funding from the foundation for education.
  • ST LOUIS UNIVERSITY HIGH SCHOOL Partner — Receives funding from the foundation for education.
  • TEACHING MATTERS Partner — Receives funding from the foundation for education.
  • THE GREEN HOUSE VENTURE Partner — Receives funding from the foundation for education.
  • THIRD OPTION FOUNDATION Partner — Receives funding from the foundation for general support.