Mark Foundation
- Assets
- $55.8m
- Revenue
- $3.6m
- Investments
- $53.7m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 27-3024112
Organization Overview
Mark Foundation is located in Dallas, TX. 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. Mark 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, Mark Foundation generated $3.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mark Foundation has awarded 48 individual grants totaling $4,753,832. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Katherine Rochelle Ceo/director | 30 | $121,118 | |
Rebecca Rochelle Director | 20 | $51,154 | |
James A Rochelle Director | 1 | $0 | |
Martha Peak Rochelle Director | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Northern Trust Company | 12/30/21 | $53,741 |
Bessemer Trust Company Na | 12/30/21 | $58,704 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,264,985 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,640,810 |
| Capital Gain Net Income | $1,640,810 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $733,804 |
| Total Revenue | $3,639,599 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $172,272 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $52,626 |
| Interest | $5,625 |
| Taxes | $46,512 |
| Depreciation | $15,219 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,816 |
| Printing and publications | $0 |
| Other expenses | $318,440 |
| Total operating and administrative expenses | $627,743 |
| Contributions, gifts, grants paid | $2,968,666 |
| Total expenses and disbursements | $3,596,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $774,324 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $54,499 |
| 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 | $6,310,467 |
| Net Land, buildings, and equipment | $1,458 |
| Other assets | $1,305,797 |
| Total assets | $55,812,766 |
| 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, Mark Foundation has awarded $2,968,666 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
College Station, TX PURPOSE: SUPPORT THE VETERINARY SCHOOL | $600,000 |
Dallas, TX PURPOSE: SUPPORT OF THE NEW VISION INITIATIVE | $500,000 |
ALL SAINTS PRESBYTERIAN CHURCH PURPOSE: SUPPORT OF CAPITAL CAMPAIGN. | $500,000 |
BAYLOR SCOTT & WHITE DALLAS FOUNDATION PURPOSE: GENERAL SUPPORT OF THE ARTS IN MEDICINE PROGRAM. | $333,750 |
BAYLOR SCOTT & WHITE DALLAS FOUNDATION PURPOSE: GENERAL SUPPORT OF THE ARTS IN MEDICINE PROGRAM. | $333,750 |
BNGF THE MARK FUND PURPOSE: DONOR ADVISED FUND | $260,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |