Marks Family Foundation

Organization Overview

Marks Family Foundation is located in Redwood City, CA. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, 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. Marks Family 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, Marks Family Foundation generated $16.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 61.6% each year . All expenses for the organization totaled $7.0m during the year ending 12/2021. While expenses have increased by 50.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Marks Family Foundation has awarded 62 individual grants totaling $5,198,671. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $11,734,862
Interest on Savings $0
Dividends & Interest $122,644
Net Rental Income$0
Net Gain on Sale of Assets $4,523,623
Capital Gain Net Income $13,755,160
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $312,009
Total Revenue $16,693,138

Grants Awarded

Over the last fiscal year, Marks Family Foundation has awarded $4,672,935 in support to 56 organizations.

Grant RecipientAmount

Cary, NC

PURPOSE: GENERAL CHARITABLE PURPOSE

$1,100,000

CURE ALZHEIMERS FUND

PURPOSE: GENERAL CHARITABLE PURPOSE

$750,000

VITAL VOICES GLOBAL PARTNERSHIP

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL CHARITABLE PURPOSE

$500,000

THE VISCARDI CENTER

Org PageRecipient Profile

Albertson, NY

PURPOSE: GENERAL CHARITABLE PURPOSE

$300,000

WE CARE SOLAR

PURPOSE: GENERAL CHARITABLE PURPOSE

$250,000

RICK SHARP ALZHEIMERS FOUNDATION

PURPOSE: GENERAL CHARITABLE PURPOSE

$250,000
View Grant Profile

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