The Rachel Molly Markoff Foundation

Organization Overview

The Rachel Molly Markoff Foundation is located in Wellesley, MA. The organization was established in 2000. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rachel Molly Markoff Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Rachel Molly Markoff Foundation generated $106.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $153.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PUBLIC CHARITY COMBINES THE INGENUITY OF CHILDHOOD CANCER RESEARCHERS WITH THE CREATIVITY OF ARTISTS. ART IN GIVING FOLLOWS A UNIQUE PATH THAT COMBINES THE GENEROSITY OF ITS ARTISTS WITH THE NEEDS OF CANCER RESEARCHERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZATION RAISES FUNDS FOR CHILDHOOD CANCER RESEARCH THROUGH MATCHING ARTISTS WITH INDIVIDUALS AND CORPORATE BUYERS


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Board, Officers & Key Employees

Name (title)Compensation
Eliane S Markoff
Fndtn Mgr.
$0
Gary M Markoff
Fndtn Mgr.
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$106,086
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$106,086
Total Program Service Revenue$0
Investment income $344
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $106,430

Grants Awarded

Over the last fiscal year, The Rachel Molly Markoff Foundation has awarded $95,000 in support to 3 organizations.

Grant RecipientAmount

MOUNT SINAI HEALTH SYSTEM

PURPOSE: MEDICAL RESEARCH

$37,500

San Francisco, CA

PURPOSE: MEDICAL RESEARCH

$32,500

LUCILE PACKARD FOUNDATION

Org PageRecipient Profile

Palo Alto, CA

PURPOSE: MEDICAL RESEARCH

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Rachel Molly Markoff Foundation has recieved totaling $10,000.

Awarding OrganizationAmount
The Rhode Island Community Foundation

Providence, RI

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Comic Relief Inc
New York, NY
$35,831,552
Givinga Foundation Inc
Wellesley, MA
$15,849,424
Justgive Inc
Weston, CT
$11,301,311
Clara Lionel Foundation
New York, NY
$23,596,509
Visionspring
New York, NY
$12,679,680
America Gives Inc
New York, NY
$7,827,978
Foundations In Education Inc
Bridgeport, CT
$11,526,982
Grant Recommendation Fund
Spring Valley, NY
$4,767,095
The Catherine Jefferson Foundation
Darien, CT
$13,741,460
Bikoff Foundation
Whitestone, NY
$14,790,071
Giving Tuesday Inc
Brooklyn, NY
$3,527,479
The Meringoff Family Foundation Inc
New York, NY
$3,000,005

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