The Florida State Capitol

Form 990-PFTax year 2025EIN 22-6041532

The Margetts Foundation

A private foundation in Boca Grande, FL. Its return for tax year 2025 lists 5 grants and $4,000 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $4,000

    Grants listed
    5
    Assets, end of year
    $122,096
  • Tax year 2024

    $12,050

    Grants listed
    12
    Assets, end of year
    $81,819
  • Tax year 2023

    $12,000

    Grants listed
    10
    Assets, end of year
    $80,210
  • Tax year 2022

    $127,325

    Grants listed
    39
    Assets, end of year
    $81,264
  • Tax year 2021

    $31,925

    Grants listed
    52
    Assets, end of year
    $114,675
  • Tax year 2020

    $28,555

    Grants listed
    51
    Assets, end of year
    $92,920
  • Tax year 2019

    $40,450

    Grants listed
    49
    Assets, end of year
    $109,985
  • Tax year 2018

    $33,460

    Grants listed
    52
    Assets, end of year
    $93,437

Grants paid in 2025

5 grants, largest first

As listed on the return.

  1. The Perlman Music ProgramSun CoastShelter Heights, NY

    Arts

    $1,500
  2. Frost Valley YMCAClaryville, NY

    Service, Youth

    $1,000
  3. Kessler FoundationEast Hanover, NJ

    Health

    $1,000
  4. County College of Morris FoundationRandolph, NJ

    Education

    $250
  5. Perry County Council of the ArtsNewport, PA

    Arts

    $250

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Human services2 grants $2,00080% of the total
  2. Arts and culture1 grant $25010% of the total
  3. Education1 grant $25010% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York2 grants $2,500
  2. New Jersey2 grants $1,250
  3. Pennsylvania1 grant $250

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • W Thomas MargettsPresident Hours 5Pay $0
  • Donna D MargettsTrustee Hours 5Pay $0

The return

More foundations

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Same main cause (human services), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Terelina FoundationSt Pete Beach, FL 1 grant Preselected only $4,000 giving
  2. McClain Family FoundationPalatka, FL 4 grants Preselected only $4,150 giving
  3. TR Charitable Foundation IncMiami, FL 1 grant Preselected only $4,200 giving
  4. Rachelle Leichler Scholarship FoundationWest Palm Beach, FL 2 grants Accepts applications $4,300 giving
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