The Rachel Molly Markoff Foundation

Organization Overview

The Rachel Molly Markoff Foundation is located in Newton Center, 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 12/2022, Rachel Molly Markoff Foundation generated $99.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $164.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

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$97,820
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$97,820
Total Program Service Revenue$0
Investment income $1,195
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 $99,015

Grants Awarded

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

Grant RecipientAmount

LUCILE PACKARD FOUNDATION

PURPOSE: MEDICAL RESEARCH

$25,000

USCF FOUNDATION

PURPOSE: MEDICAL RESEARCH

$32,500

MOUNT SINAI HEALTH SYSTEM

PURPOSE: MEDICAL RESEARCH

$37,500
View Grant Profile

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