Markham Family Foundation is located in Westlake, TX. The organization was established in 2017. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Markham 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 12/2023, Markham Family Foundation generated $4.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $545.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Markham Family Foundation has awarded 178 individual grants totaling $2,669,200. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
E Murphy Markham IV President,director | 1 | $0 | |
Theresa L Markham Secy,director | 1 | $0 | |
Lindsay M Hay Director | 2 | $7,500 | |
Lauren M Biery Director | 1 | $0 | |
E Murphy Markham V Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,563,250 |
| Interest on Savings | $10,677 |
| Dividends & Interest | $225,445 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,819 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $5,304 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,785,553 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,128 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $45,724 |
| Contributions, gifts, grants paid | $500,000 |
| Total expenses and disbursements | $545,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,841 |
| 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 | $10,738,886 |
| 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 |
Over the last fiscal year, Markham Family Foundation has awarded $500,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: UNRESTRICTED USE BYAMERICAN RED CROSS | $60,000 |
6 STONES PURPOSE: UNRESTRICTED USE BY6 STONES | $5,000 |
CATHOLIC CHARITIES - DALLAS PURPOSE: UNRESTRICTED USE BYCATHOLIC CHARITIES - DALLAS | $35,000 |
CATHOLIC CHESS PROJECT PURPOSE: UNRESTRICTED USE BYCATHOLIC CHESS PROJECT | $15,000 |
CATHOLIC CHARITIES - FORT WORTH PURPOSE: UNRESTRICTED USE BYCATHOLIC CHARITIES - FORT WORTH | $75,000 |
CAPUCHIN FRANCISCAN FATHERS PURPOSE: UNRESTRICTED USE BYCAPUCHIN FRANCISCAN FATHERS | $15,000 |