Margolis Foundation
Preselected recipients only
Margolis Foundation is a private foundation in Colorado Springs, Colorado. In tax year 2024 it gave $345,450 in 10 grants; the typical grant was $5,000 and the largest $250,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$345,450
- Number of grants10
- Typical grant$5,000
- Largest grant$250,000
- Assets$6.7 million
- New grantees50%
Giving in 2024 was up from $127,210 the year before.
50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $127,210 | 12 | $6.1 million |
| 2024 | $345,450 | 10 | $6.7 million |
How to apply
Margolis Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Margolis Foundation funds
Where it gives
Its grants went to recipients in 7 states, the most to Washington.
| State | Grants | Amount |
|---|---|---|
| Washington | 2 | $255,000 |
| Arizona | 2 | $55,000 |
| Massachusetts | 1 | $20,000 |
| Florida | 2 | $10,000 |
| Missouri | 1 | $5,000 |
| District of Columbia | 1 | $300 |
| New York | 1 | $150 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Federation | Further Charitable Goals | $250,000 |
| Jewish Philanthropies of Southern Arizona | Further Charitable Goals | $50,000 |
| Harold Greenspan Foundation | Further Charitable Goals | $20,000 |
| Kansas City University | Further Charitable Goals | $5,000 |
| Chabad of Polk County | Further Charitable Goals | $5,000 |
| Chabad of Arizona | Further Charitable Goals | $5,000 |
| Chabad of Washington State | Further Charitable Goals | $5,000 |
| Chabad of Palm Coast | Further Charitable Goals | $5,000 |
| US Holocaust Museum | Further Charitable Goals | $300 |
| Hebrew Free Burial Association | Further Charitable Goals | $150 |
Officers and trustees
- Ron Margolis
- Kathleen Margolis
Questions people ask
Does Margolis Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Margolis Foundation give?
$345,450 in tax year 2024, across 10 grants, with a typical grant of $5,000.
Who runs Margolis Foundation?
Its 2024 filing lists Ron Margolis (President/Treasurer) and Kathleen Margolis (Secretary/V.P.).
What does Margolis Foundation fund?
Based on its grants, mainly faith communities.