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Entities › Bernie Marcus
BM

Bernie Marcus

Home Depot co-founder (died 2024); major funder of Israel's army charity

Home Depot co-founder (died 2024) · Person

Bernie Marcus co-founded Home Depot in 1978 and died on 4 November 2024, aged 95, when Forbes valued his fortune at $10.3B; by 2019 he had given away $2B. He was one of the largest private funders of Friends of the Israel Defense Forces, the US charity for Israeli soldiers, giving nearly $13M between 2009 and 2022, according to its Wikipedia entry. Days after 7 October 2023 Forbes reported he was supporting Magen David Adom and 'the IDF (the Israel Defense Forces)', and Wikipedia reports he gave $2M to AIPAC that year, the lobby that shields Israel's genocide in Gaza in Congress. He co-founded the Israel Democracy Institute in 1991 and with his wife gave $25M toward MDA's national blood centre. Marcus was among Donald Trump's biggest backers, giving $7M in 2016 and $10.7M to pro-Trump PACs in 2020.

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Case file

Giving to the army and lobby

Bernie Marcus gave Friends of the IDF nearly $13M between 2009 and 2022, according to Wikipedia's FIDF entry, and in October 2023 Forbes reported he was supporting Magen David Adom and 'the IDF (the Israel Defense Forces)'. Wikipedia reports he gave $2M to AIPAC in 2023. He co-founded the Israel Democracy Institute and gave $25M toward MDA's national blood centre in 2016.

Sources: Wikipedia, thejewishindependent.com.au, Wikipedia

Money

Marcus died on 4 November 2024, when Forbes valued his fortune at $10.3B; by 2019 he had given away $2B.

Sources: Wikipedia

Connections

● confirmed by a primary document · reported

HomeFeedProfile
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Money

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Bernie Marcus → Magen David Adom: $25M (donated to)$25M
2016Magen David AdomBernie and Billi Marcus gave $25M toward MDA's national blood services centre.
1 source
  • Wikipedia — WikipediaIn 2016, Marcus and his wife Billi donated $25 million to the construction of the $133 million MDA Marcus National Blood Services Centre in Israel.
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Bernie Marcus → AIPAC: $2M (donated to)$2M
2023AIPACBernie Marcus gave $2M to AIPAC in 2023, according to Wikipedia.
1 source
  • Wikipedia — WikipediaIn 2023, he donated $2 million to the pro-Israel lobby group AIPAC.

Political spending

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Bernie Marcus gave $5 million to the pro-Trump super PAC Rebuilding America Now in 2016.$5M
2016Rebuilding America NowPer a Wall Street Journal review of campaign finance filings; likely part of the $7M total.
2 sources
  • FEC filing image 202003059203760335: REBUILDING AMERICA NOW (Form 3X) — FEC filing image 202003059203760335: REBUILDING AMERICA NOW (Form 3X)DocumentFEC Form 3X Schedule A, receipts of July 18 and September 6, 2016 (line 11AI); year-to-date $5,000,000Name MARCUS, BERNARD | City, state and ZIP code ATLANTA, GA 30327-2306 | Occupation RETIRED | Committee REBUILDING AMERICA NOW | Amount $3,000,000.00 | Receipt date July 18, 2016 | Reported on Form 3X on line 11AI. Name MARCUS, BERNARD | Committee REBUILDING AMERICA NOW | Amount $2,000,000.00 | Receipt date September 6, 2016 | Year to date $5,000,000.00
  • The Hill — Group of GOP donors gave pro-Trump PACs $24 million: reportAnother super PAC, Rebuilding America Now, received $5 million from Home Depot co-founder Bernie Marcus, $6 million from WWE executive Linda McMahon and $2 million from Ronald Cameron, CEO of the Mountaire Corporation.
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Bernie Marcus gave $1 million to Jeb Bush's super PAC in January 2015.$1M
Jan 2015Right to Rise USACNN refers to 'Bush's super PAC'; Right to Rise USA was Jeb Bush's super PAC.
2 sources
  • FEC filing image 201605209015991652: RIGHT TO RISE USA (Form 3X) — FEC filing image 201605209015991652: RIGHT TO RISE USA (Form 3X)DocumentFEC Form 3X Schedule A, receipt of January 14, 2015 (line 11AI)Name MARCUS, BERNARD MR. | City, state and ZIP code ATLANTA, GA 30327-2306 | Occupation CHAIRMAN | Committee RIGHT TO RISE USA | Amount $1,000,000.00 | Receipt date January 14, 2015 | Reported on Form 3X on line 11AI
  • CNN — Bernie Marcus donor profileThat January he cut Bush’s super PAC a $1 million check, before later disbursing money to back Wisconsin Gov. Scott Walker.
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Bernie Marcus donated to Friends of the IDF (FIDF) ($13M)$13M
Friends of the IDF (FIDF)The Marcus Foundation, the private foundation of Home Depot co-founder Bernie Marcus, reported on its 2012 IRS Form 990-PF grants of $2,025,000 to Friends of the Israel Defense Forces, mainly $2 million for the FIDF Lone Soldiers Program. IRS e-file data compiled by philanthropy.org show further FIDF grants of about $4.0 million in 2020-2022 and $4.1 million in 2023-2024.

Figures

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Bernie Marcus Co-founder
Historical business connection
1 source
  • About Us — About UsDocumentWhen The Home Depot was founded in 1978, Bernie Marcus and Arthur Blank had no idea how revolutionary this new 'hardware store' would be

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