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Also known as: C/O MARK ASSET MANAGEMENT
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Mark Family Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1996. The principal officer is Geller Advisors LLC. It holds total assets of $24.2M. Annual income is reported at $37.2M. Total assets have grown from $2.2M in 2010 to $18.8M in 2022. The foundation is governed by 2 officers and trustees. Please note, the foundation is not involved in any directcharitable activities. Its primary purpose is to support, by contributions, other organizations exempt under internal revenue code section 501(c)(3). According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New York and Florida. According to available records, Mark Family Foundation has made 75 grants totaling $8M, with a median grant of $25K. Annual giving has grown from $1.1M in 2020 to $3.7M in 2022. Individual grants have ranged from $500 to $1M, with an average award of $106K. The foundation has supported 43 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Florida, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$25K
Average Grant
$109K
Largest Grant
$1M
Based on 17 grants from the most recent 990-PF filing.
Please note, the foundation is not involved in any directcharitable activities. Its primary purpose is to support, by contributions, other organizations exempt under internal revenue code section 501 (c)(3).
Please note, the foundation is not involved in any directcharitable activities. Its primary purpose is to support, by contributions, other organizations exempt under internal revenue code section 501(c)(3). Based on available records, the foundation has funded 75 grants. Its grantmaking reaches organizations primarily in NY, MA, FL.
Mark Family Foundation has distributed a total of $8M across 75 grants. The median grant size is $25K, with an average of $106K. Individual grants have ranged from $500 to $1M.
Mark Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mark Family Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Morris Mark | TRUSTEE | $0 | $0 | N/A |
| Susan Mark | TRUSTEE | $0 | $0 | N/A |
Total Giving
$2.6M
Total Assets
$18.8M
Fair Market Value
$26.9M
Net Worth
$18.8M
Grants Paid
$2.5M
Contributions
$3.6M
Net Investment Income
$2.1M
Distribution Amount
$1.1M
Total: $17.7M
Total Grants
75
Total Giving
$8M
Average Grant
$106K
Median Grant
$25K
Unique Recipients
43
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nyu Langone Health SystemDEVELOPMENT OF NEW PRECISION MEDICINE DIVISION OF THE NYU LANGONE MEDICAL CENTER | New York, NY | $1M | 2022 |
| Lincoln Center For The Performing Arts IncGENERAL PURPOSE | New York, NY | $300K | 2022 |
| President And Fellows Of Harvard CollegeGENERAL PURPOSE | Cambridge, MA | $150K | 2022 |
| Morselife Foundation IncGENERAL PURPOSE | West Palm Beach, FL | $110K | 2022 |
| Park Avenue SynagogueGENERAL PURPOSE | New York, NY | $63K | 2022 |
| Greater East Hampton Education Foundation IncGENERAL PURPOSE | East Hampton, NY | $50K | 2022 |
| Southampton Hospital Foundation IncGENERAL PURPOSE | Southhampton, NY | $40K | 2022 |
| Horace Mann SchoolGENERAL PURPOSE | Bronx, NY | $35K | 2022 |
| Guild Hall Of East Hampton IncGENERAL PURPOSE | East Hampton, NY | $25K | 2022 |
| American Friends Of The Israel MuseumGENERAL PURPOSE | New York, NY | $20K | 2022 |
| Norton Museum Of Art IncGENERAL PURPOSE | West Palm Beach, FL | $18K | 2022 |
| Jewish MuseumGENERAL PURPOSE | New York, NY | $10K | 2022 |
| Central SynagogueGENERAL PURPOSE | New York, NY | $10K | 2022 |
| Trustees Of The University Of PennsylvaniaGENERAL PURPOSE | Philadelphia, PA | $8K | 2022 |
| Seriousfun Children'S NetworkGENERAL PURPOSE | Norwalk, CT | $5K | 2022 |
| New York-Presbyterian Fund IncGENERAL PURPOSE | New York, NY | $4K | 2022 |
| Icahn School Of Medicine At Mount SinaiGENERAL PURPOSE | New York, NY | $1K | 2022 |
| Nyu Langone HealthDEVELOPMENT OF NEW PRECISION MEDICINE DIVISION OF THE NYU LANGONE MEDICAL CENTER | New York, NY | $1M | 2021 |
| Weill Medical SchoolGENERAL PURPOSE | New York, NY | $500K | 2021 |
| Uja-Federation Of New YorkGENERAL PURPOSE | New York, NY | $100K | 2021 |
| Robin Hood FoundationGENERAL PURPOSE | New York, NY | $25K | 2021 |
| Jewish Federation Of Palm Beach County IncGENERAL PURPOSE | West Palm Beach, FL | $10K | 2021 |
| Bruce And Marsha Moskowitz Foundation IncGENERAL PURPOSE | Palm Beach, FL | $10K | 2021 |