Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Joe & Allison Markell Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $97K. Annual income is reported at $93K. Total assets have decreased from $152K in 2022 to $91K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Joe & Allison Markell Foundation has made 7 grants totaling $247K, with a median grant of $8K. Annual giving has decreased from $200K in 2022 to $47K in 2023. Individual grants have ranged from $1K to $100K, with an average award of $35K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Virginia and Ohio and California. 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.
Joe & Allison Markell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in VA, OH, CA.
Joe & Allison Markell Foundation has distributed a total of $247K across 7 grants. The median grant size is $8K, with an average of $35K. Individual grants have ranged from $1K to $100K.
Joe & Allison Markell Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joe & Allison Markell Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph C Markell | Dir, Sec, Treas | $0 | $0 | N/A |
| Allison Markell | Dir, Pres | $0 | $0 | N/A |
Total Giving
$71K
Total Assets
$91K
Fair Market Value
$90K
Net Worth
$91K
Grants Paid
$47K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$6K
Total Grants
7
Total Giving
$247K
Average Grant
$35K
Median Grant
$8K
Unique Recipients
5
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cornerstone ChapelU.S. Outreach Ministry for community outreach and the Interwoven and Safe Haven Ministries | Leesburg, VA | $30K | 2023 |
| Ohio Wesleyan UniversityTeam OWU-Field Hockey | Delaware, OH | $8K | 2023 |
| Mobile Hope AssociationGeneral & Unrestricted | Leesburg, VA | $5K | 2023 |
| The Thomas Jefferson Institute For Public PolicyGeneral & Unrestricted | Round Hill, VA | $3K | 2023 |
| National Alopecia Areata FoundationCharitable Event | San Rafael, CA | $1K | 2023 |