John And Mary R Markle Foundation
- Assets
- $0.0
- Revenue
- $13.1m
- Investments
- $123.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1938
- Data as of
- 06/2021
- EIN
- 13-1770307
Organization Overview
John And Mary R Markle Foundation is located in New York, NY. The organization was established in 1938. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. John And Mary R Markle 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 06/2021, John And Mary R Markle Foundation generated $13.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $16.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, John And Mary R Markle Foundation has awarded 57 individual grants totaling $3,519,500. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 14
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Nora Johnson Chair | 3 | $0 | |
Zoe Baird Ceo/president | 40 | $991,119 | |
Steven Denning Director | 3 | $0 | |
Cheryl Cohen Effron Director | 3 | $0 | |
Margaret Hoover Director | 3 | $0 | |
Dr Chris Howard Director | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Encap Energy Capital Fund X Lp | 6/29/22 | $339,913 |
Bny Mellon | 6/29/22 | $342,825 |
The Baupost Group | 6/29/22 | $602,497 |
East End Advisors | 6/29/22 | $250,000 |
Adage Capital Partners | 6/29/22 | $230,521 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $880,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,443,598 |
| Total Revenue | $13,071,766 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,281,891 |
| Pension plans, employee benefits | $2,574,456 |
| Depreciation | $35,743 |
| Occupancy | $1,387,438 |
| Travel, conferences, and meetings | $610 |
| Printing and publications | $30,532 |
| Total operating and administrative expenses | $15,432,530 |
| Contributions, gifts, grants paid | $944,500 |
| Total expenses and disbursements | $16,377,030 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,574,844 |
| Investments—mortgage loans | $0 |
| Investments—other | $123,111,293 |
| Other assets | $222,900 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $447,000 |
Grants Awarded
Over the last fiscal year, John And Mary R Markle Foundation has awarded $2,475,000 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
AUSTIN AREA URBAN LEAGUE PURPOSE: GRANT TO SUPPORT TO IMPROVE OUTCOMES FOR JOBSEEKERS. | $37,500 |
BROOKINGS INSTITUTION PURPOSE: SUPPORT RESEARCH ON THE CREATION OF NEW JOBS FROM EMERGING TECHNOLOGIES; GRANT TO SUPPORT RESEARCH ON INFRASTRUCTURE WORKFORCE. | $180,000 |
CENTER FOR A NEW AMERICAN SECURITY INC PURPOSE: SUPPORT REASEARCH TO GENERATE NOVEL TECHNOLOGY POLICY SOLUTIONS FOR THE CREATION AND SUSTAINMENT OF A MORE INCLUSIVE LABOR MARKET. | $75,000 |
CONCILIO DE ORGANIZACIONES HISPANAS PURPOSE: GRANT TO SUPPORT EQUITABLE COACHING ACCESS AND CAREER NAVIGATION PATHWAYS FOR JOB SEEKERS. | $75,000 |
COUNCIL ON FOREIGN RELATIONS PURPOSE: SUPPORT FOR CFRS 2021-2022 ANNUAL FUND | $2,000 |
GOODWILL INDUSTRIES INTERNATIONAL INC PURPOSE: THE PURPOSE OF SUPPORTING THE GRANTEES PARTICIPATION IN THE REWORK AMERICA ALLIANCE. GRANT FUNDS WILL SUPPORT PERSONNEL COSTS AND RELATED MATERIALS AND SUPPLIES. | $50,000 |