Victor And Monica Markowicz Charitable Trust
- Assets
- $328.3k
- Revenue
- $22.4k
- Investments
- $327.2k
- Employees
- 0
- Location
- Larchmont, NY
- Founding
- 07/1997
- Data as of
- 04/2024
- EIN
- 13-7118108
Organization Overview
Victor And Monica Markowicz Charitable Trust is located in Larchmont, NY. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victor And Monica Markowicz Charitable Trust 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 04/2024, Victor And Monica Markowicz Charitable Trust generated $22.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $15.0k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (20.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Victor And Monica Markowicz Charitable Trust has awarded 64 individual grants totaling $619,086. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Markowicz Trustee | 0 | $0 | |
Monica Markowicz Trustee | 0 | $0 | |
Clara Markowicz Trustee | 0 | $0 | |
Martin B Jaffe Trust Administrator | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,551 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,882 |
| Capital Gain Net Income | $3,882 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,433 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,001 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $15,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,072 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $328,255 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Victor And Monica Markowicz Charitable Trust has awarded $13,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FEDERATION OF SOUTH PALM BEACH PURPOSE: PROGRAMS | $2,000 |
MANHATTAN COUNTRY SCHOOL PURPOSE: EDUCATION | $5,000 |
THE BROTHERHOOD SISTERSOL PURPOSE: PROGRAMSEDUCATION | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Bankers Association Charitable Foundation Inc Boston, MA | $2,524,742 | $189,749 |
R S Evans Foundation Inc Garden City, NY | $14,991,623 | $269,035 |
East Islip Student Athletes Booster Club Inc East Islip, NY | $0 | $41,507 |
Victor And Monica Markowicz Charitable Trust Larchmont, NY | $328,255 | $22,433 |
Miles Family Foundation Tr Pittsburgh, PA | $249,188 | $17,723 |
Garabed & Ahavni Kouzoujian Benevolent Foundation Inc Huntington, NY | $33,614 | $2,586 |