Markowitz Family Foundation
- Assets
- $31.7k
- Revenue
- $1.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 02/2010
- Data as of
- 12/2022
- EIN
- 20-5613149
Organization Overview
Markowitz Family Foundation is located in Brooklyn, NY. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Markowitz 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 12/2022, Markowitz Family Foundation generated $1.0 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 (69.3%) each year. All expenses for the organization totaled $1.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Markowitz Family Foundation has awarded 101 individual grants totaling $2,058,241. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Markowitz President | 2 | $0 | |
Lipa Markowitz V. President | 2 | $0 | |
Solomon Markowitz Secretary/tr | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $274 |
| Total operating and administrative expenses | $299 |
| Contributions, gifts, grants paid | $900 |
| Total expenses and disbursements | $1,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $712 |
| Savings and temporary cash investments | $3,000 |
| 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 | $28,000 |
| 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 | $31,712 |
| 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, Markowitz Family Foundation has awarded $12,100 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CONG PANIM MEIROTH PURPOSE: TO FURTHER JEWISH CAUSES | $5,000 |
CONG CHESHEK SHLOMO YOKA PURPOSE: TO FURTHER JEWISH CAUSES | $2,500 |
CONGREGATION ATERES SHALOM PURPOSE: TO FURTHER JEWISH CAUSES | $1,000 |
CONG KAVUNAS HALEV PURPOSE: TO FURTHER JEWISH EDUCATION | $1,350 |
HASHEMS CHILDREN INC PURPOSE: TO FURTHER JEWISH CAUSES | $2,000 |
KEREN RACHAMIM INC PURPOSE: TO FURTHER JEWISH CAUSES | $250 |