The Julien E. Marx Foundation Trust was created by Julien Marx in his Last Will and Testament.  It was funded with real estate assets from Julien’s estate.  It is perpetual in duration and is intended to benefit charitable endeavors in the Mobile area, giving special deference to some of the charities which Julien supported during his lifetime.

Perhaps the largest beneficiary, to date, of the Foundation’s giving program, has been the University of South Alabama.  Julien’s parents, Julius and Jean Marx, themselves philanthropists, contributed their collection of photographs of earlier days in the City of Mobile to the University.  Those photographs are now housed in an archive facility on the third floor of the University’s library.  That facility was constructed with funds provided by a Three Million Dollar ($3,000,000.00) pledge from the Marx Foundation.  The University recognized the Foundation’s giving by renaming its Library, the Marx Library.

The relationship between the Foundation and the University is ongoing.  The Foundation has created a scholarship which is funding with a gift of ten thousand dollars per year for five years.  Thanks to matching funds from the Mitchell-Moulton Foundation that scholarship will be fully endowed by the end of year five. 

Additionally, MOWYCAL, LLC, in which the Foundation is a major stakeholder, is funding a study by the University’s medical school, to determine whether a peptide, the technology, and existence of which is owned by MOWYCAL, can be used as an effective treatment for an incurable childhood disease which affects the juvenile immune system. 

The Foundation is currently partnering with private enterprise in a hemp oil processing facility in Mobile, using an innovative and proprietary technique, created by the venture’s other partner, to process hemp flower into hemp oil for therapeutic purposes.