Virginia Cretella Mars Foundation
The Virginia Cretella Mars Foundation is a private foundation based in New York, NY, established in 1994. It operates as a corporate foundation affiliated with Mars, Incorporated and maintains tax-exempt 501(c)(3) status since May 1995.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.9M
+2.8% YoY
Annual Giving
$1.1M
+10.9% YoY
Grant Count
37
+5.7% YoY
Avg Grant Size
$29K
+4.9% YoY
Mission & Focus Areas
The foundation's giving priorities include:
- Education, with particular emphasis on literacy
- Philanthropy, voluntarism, and grantmaking
- Human services
- Arts and culture, including literary arts
- Children and youth
- Environmental conservation
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Pennsylvania
- District of Columbia
- New York
- Baltimore, Maryland
- New Hampshire
- Philadelphia, Pennsylvania
- Washington, D.C.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total assets: $16,885,262
- Total giving: $1,081,498
- Revenue: $1,748,764
- Expenses: $1,289,796
- Total liabilities: $0
As of Fiscal Year 2023:
- Total assets: $16,426,401
- Total revenues: $535,496
- Total expenses: $1,156,810
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,885,262 | $16,426,401 | $17,117,715 |
| Revenue | $1,748,764 | $535,496 | $931,239 |
| Expenses | $1,289,796 | $1,156,810 | $1,125,801 |
| Qualifying Distributions | $1,098,012 | $986,515 | $970,137 |
| Net Investment Income | $1,205,233 | $280,348 | $369,743 |
| Distributable Amount | $1,029,696 | $939,262 | $956,428 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
174 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VALERIE A MARS | DIRECTOR | 1 | — |
| PAMELA D MARS-WRIGHT | DIRECTOR | 1 | — |
| MARIJKE E MARS | DIRECTOR | 1 | — |
| VICTORIA B MARS | DIRECTOR | 1 | — |
| STEPHANIE J SCHUETZ | TREASURER | 1 | — |
| BERNADETTE RUSSELL | PRESIDENT | 1 | — |
| KIMBERLY-PACIFIC WISE | VICE-PRESIDENT | 1 | — |
| CHRISTOPHER M WHITE | DIRECTOR | 1 | — |
| JUSTIN F WHITE | DIRECTOR | 1 | — |
| CHARLOTTE A ROSSETTER | SECRETARY | 1 | — |
| ANDREW D SPINA | DIRECTOR | 1 | — |
| KYRA M DOYLE | DIRECTOR | 1 | — |
| CHANCE J WRIGHT | DIRECTOR | 1 | — |
Contact Information
- Location: 140 Broadway, New York, NY 10005
- Telephone: 212-493-8851
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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