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Markus Charitable Foundation is a private corporation based in WAYZATA, MN. The foundation received its IRS ruling in 2001. The principal officer is Ann Markus. It holds total assets of $724K. Annual income is reported at $53K. Total assets have grown from $314K in 2011 to $752K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Minnesota, New York and District of Columbia. According to available records, Markus Charitable Foundation has made 93 grants totaling $121K, with a median grant of $750. Annual giving has grown from $25K in 2020 to $36K in 2023. Grantmaking activity was highest in 2022 with $61K distributed across 46 grants. Individual grants have ranged from $100 to $13K, with an average award of $1K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in Minnesota, New York, Texas, which account for 73% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$500
Average Grant
$911
Largest Grant
$9K
Based on 29 grants from the most recent 990-PF filing.
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.
Markus Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 93 grants. Its grantmaking reaches organizations primarily in MN, NY, TX.
Markus Charitable Foundation has distributed a total of $121K across 93 grants. The median grant size is $750, with an average of $1K. Individual grants have ranged from $100 to $13K.
The application deadline is APPLICATIONS ARE ACCEPTED ANYTIME. NOTICE OF APPROVAL/REJECTION IS SENT WITHIN 3 WEEKS.. The foundation was organized to promote christian, educational, and conservation values. The benefits are not limited.
Markus Charitable Foundation is headquartered in WAYZATA, MN. While based in MN, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ann Markus | PRESIDENT | $2K | $0 | $2K |
| Chad Markus | BOARD MEMBER | $0 | $0 | N/A |
| Jeffrey Markus | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$57K
Total Assets
$752K
Fair Market Value
$827K
Net Worth
$752K
Grants Paid
$36K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$34K
Total: $681K
Total Grants
93
Total Giving
$121K
Average Grant
$1K
Median Grant
$750
Unique Recipients
40
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyDONATION | Minneapolis, MN | $250 | 2023 |
| Westgate ChurchDONATION | Plymouth, MN | $10K | 2023 |
| Catholic CharitiesDONATION | St Paul, MN | $4K | 2023 |
| Mobile HopeDONATION | Corcoran, MN | $3K | 2023 |
| Doctors Without BordersDONATION | New York, NY | $3K | 2023 |
| Wounded WarriorsDONATION | Topeka, KS | $3K | 2023 |
| Samaritan'S PurseDONATION | Boone, NC | $3K | 2023 |
| Gifts For SeniorsDONATION | Minneapolis, MN | $2K | 2023 |
| Interfaith Outreachcommunity PartnersDONATION | Plymouth, MN | $2K | 2023 |
| Tunnels To TowersDONATION | Staten Island, NY | $2K | 2023 |
| Mercy ShipsDONATION | Garden Valley, TX | $2K | 2023 |
| International Fellowship Of Christians & JewsDONATION | Washington, DC | $1K | 2023 |
| Heart Trust IncDONATION | Southport, CT | $750 | 2023 |
| Metro Meals On WheelsDONATION | Minneapolis, MN | $750 | 2023 |
| Union Gospel MissionDONATION | St Paul, MN | $500 | 2023 |
| Boys TownDONATION | Boys Town, NE | $500 | 2023 |
| American Red CrossDONATION | Minneapolis, MN | $500 | 2023 |
| Smile TrainDONATION | Washington, DC | $500 | 2023 |
| St Joseph'S Indian SchoolDONATION | Chamberlain, SD | $500 | 2023 |
| Pheasants ForeverDONATION | St Paul, MN | $450 | 2023 |
| Our Daily Bread MinistriesDONATION | Grand Rapids, MI | $100 | 2023 |
| Second Harvest HeartlandDONATION | St Paul, MN | $100 | 2023 |
| Friends Of Hennepin County LibraryDONATION | Minneapolis, MN | $100 | 2023 |
| The Leadership InstituteDONATION | Arlington, VA | $1K | 2022 |
| Mn Adult & Teen ChallengeDONATION | Minneapolis, MN | $1K | 2022 |
| Flaming Pine Youth CampDONATION | Cook, MN | $500 | 2022 |