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Steven & Katherine Markelfoundation is a private corporation based in RICHMOND, VA. The foundation received its IRS ruling in 2006. The principal officer is Steven A Markel. It holds total assets of $9M. Annual income is reported at $802K. The foundation is governed by 2 officers and trustees. The steven & katherine markel foundation makes grants toqualifying charitable organizations and does not carry oncharitable actitivies directly. Copies of the foundation's form 990-pf and exempt application are available by request for public inspection. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Virginia. According to available records, Steven & Katherine Markelfoundation has made 43 grants totaling $2.9M, with a median grant of $33K. The foundation has distributed between $861K and $1M annually from 2020 to 2022. Individual grants have ranged from $10K to $392K, with an average award of $67K. The foundation has supported 20 unique organizations. Grants have been distributed to organizations in Virginia and North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$51K
Average Grant
$78K
Largest Grant
$254K
Based on 13 grants from the most recent 990-PF filing.
The steven & katherine markel foundation makes grants toqualifying charitable organizations and does not carry oncharitable actitivies directly. Copies of the foundation's form 990-pf and exempt application are available by request for public inspection.
The steven & katherine markel foundation makes grants toqualifying charitable organizations and does not carry oncharitable actitivies directly. Copies of the foundation's form 990-pf and exempt application are available by request for public inspection. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in VA, NC.
Steven & Katherine Markelfoundation has distributed a total of $2.9M across 43 grants. The median grant size is $33K, with an average of $67K. Individual grants have ranged from $10K to $392K.
Steven & Katherine Markelfoundation typically selects its grantees rather than accepting unsolicited proposals.
Steven & Katherine Markelfoundation is headquartered in RICHMOND, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven A Markel | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Katherine N Markel | SECRETARY/TREASURER/DIRECT | $0 | $0 | N/A |
Total Giving
$972K
Total Assets
$8.4M
Fair Market Value
$21M
Net Worth
$8.4M
Grants Paid
$968K
Contributions
$100K
Net Investment Income
$10K
Distribution Amount
$1.1M
Total Grants
43
Total Giving
$2.9M
Average Grant
$67K
Median Grant
$33K
Unique Recipients
20
Most Common Grant
$51K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The ValentineCHARITABLE SUPPORT 300 SHARES OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $391,581.00 MEAN MARKET VALUE ON 12/13/2022: $1,305.27 PER SHARE BOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Richmond, VA | $392K | 2022 |
| The Maymont FoundationCHARITABLE SUPPORT100 SHARES OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $129,185.00 MEAN MARKET VALUE ON 12/14/2022: $1,291.85 PER SHAREBOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Richmond, VA | $129K | 2022 |
| Virginia League For Planned ParenthoodCHARITABLE SUPPORT 85 SHARES OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $110,947.95 MEAN MARKET VALUE ON 12/13/2022: $1,305.27 PER SHARE BOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Richmond, VA | $111K | 2022 |
| The Virginia Home For Boys And GirlsCHARITABLE SUPPORT 35 SHARES OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $45,684.45 MEAN MARKET VALUE ON 12/13/2022: $1,305.27 PER SHARE BOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Henrico, VA | $46K | 2022 |
| Church Hill Activities And TutoringCHARITABLE SUPPORT 30 SHARES OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $39,158.00 MEAN MARKET VALUE ON 12/13/2022: $1,305.27 PER SHARE BOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Richmond, VA | $39K | 2022 |
| ChildsaversCHARITABLE SUPPORT 25 SHARES OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $32,631.75 MEAN MARKET VALUE ON 12/13/2022: $1,305.27 PER SHARE BOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Richmond, VA | $33K | 2022 |
| Cristo Rey Richmond High SchoolCHARITABLE SUPPORT 25 SHARES OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $32,631.75 MEAN MARKET VALUE ON 12/13/2022: $1,305.27 PER SHARE BOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Richmond, VA | $33K | 2022 |
| Partnership For The FutureCHARITABLE SUPPORT 25 SHARES OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $32,631.75 MEAN MARKET VALUE ON 12/13/2022: $1,305.27 PER SHARE BOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Glen Allen, VA | $33K | 2022 |
| CaritasCHARITABLE SUPPORT 25 SHARES OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $32,631.75 MEAN MARKET VALUE ON 12/13/2022: $1,305.27 PER SHARE BOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Richmond, VA | $33K | 2022 |
| St James'S Children'S CenterCHARITABLE SUPPORT | Richmond, VA | $30K | 2022 |
| Peter Paul Development CenterCHARITABLE SUPPORT 20 SHARES OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $26,105.40 MEAN MARKET VALUE ON 12/13/2022: $1,305.27 PER SHARE BOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Richmond, VA | $26K | 2022 |
| SportableCHARITABLE SUPPORT | Richmond, VA | $25K | 2022 |
| Sports BackersCHARITABLE SUPPORT | Richmond, VA | $25K | 2022 |
| Ywca Of Greater RichmondCHARITABLE SUPPORT | Richmond, VA | $15K | 2022 |
| The First Tee Of Greater RichmondCHARITABLE SUPPORT | Richmond, VA | $10K | 2022 |
| Art 180CHARITABLE SUPPORT | Richmond, VA | $10K | 2022 |
| Richmond Metropolitan Habitat For HumanityCHARITABLE SUPPORT55 SHARES OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $65,156.58MEAN MARKET VALUE ON 6/25/2021: $1,184.67 PER SHAREBOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Richmond, VA | $65K | 2021 |
| Ywca Of RichmondCHARITABLE SUPPORT250 SHS OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $253,726.25MEAN MARKET VALUE ON 12/10/2020: $1,014.91 PER SHAREBOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Richmond, VA | $254K | 2020 |
| Hope ReinsCHARITABLE SUPPORT75 SHS OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $ 76,118.88 MEAN MARKET VALUE ON 12/10/2020: $1,014.91 PER SHAREBOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Raleigh, NC | $76K | 2020 |
| The Virginia HomeCHARITABLE SUPPORT50 SHS OF MARKEL CORPORATION COMMON STOCK (MKL) VALUED AT $50,745.25MEAN MARKET VALUE ON 12/10/2020: $1,014.91 PER SHAREBOOK VALUE ON DATE OF CONTRIBUTION: $481.50 PER SHARE | Richmond, VA | $51K | 2020 |