//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Jay & Shirley Marks Foundation is a private trust based in HOUSTON, TX. The foundation received its IRS ruling in 1973. It holds total assets of $524K. Annual income is reported at $497K. Total assets have grown from $205K in 2010 to $353K in 2022. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Jay & Shirley Marks Foundation has made 14 grants totaling $226K, with a median grant of $10K. Annual giving has grown from $27K in 2020 to $40K in 2023. Grantmaking activity was highest in 2022 with $80K distributed across 4 grants. Individual grants have ranged from $500 to $37K, with an average award of $16K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Texas and Massachusetts. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Jay & Shirley Marks Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in TX, MA.
Jay & Shirley Marks Foundation has distributed a total of $226K across 14 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $500 to $37K.
Jay & Shirley Marks Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is OCTOBER 31 OF EACH YEAR.
Jay & Shirley Marks Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Francis Marks Lowe | DIRECTOR | $0 | $0 | N/A |
| Jay M Marks | DIRECTOR | $0 | $0 | N/A |
| Lester A Marks | DIRECTOR | $0 | $0 | N/A |
Total Giving
$47K
Total Assets
$353K
Fair Market Value
$502K
Net Worth
$353K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$25K
Total: $349K
Total Grants
14
Total Giving
$226K
Average Grant
$16K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jewish Family ServiceGENERAL PURPOSE | Houston, TX | $30K | 2023 |
| Boston Symphony OrchestraGENERAL PURPOSE | Boston, MA | $10K | 2023 |
| Jewish Community CenterGENERAL PURPOSE | Houston, TX | $13K | 2021 |
| Uh Js Scholarship EndGENERAL PURPOSE | Houston, TX | $10K | 2021 |
| Houston SymphonyGENERAL PURPOSE | Houston, TX | $10K | 2021 |
| Uh FoundationGENERAL PURPOSE | Houston, TX | $1K | 2020 |