Markos Foundation
- Assets
- $2.2m
- Revenue
- $241.5k
- Investments
- $2.1m
- Employees
- 0
- Location
- Madison, WI
- Founding
- 08/1996
- Data as of
- 06/2023
- EIN
- 39-1836400
Organization Overview
Markos Foundation is located in Madison, WI. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Markos 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 06/2023, Markos Foundation generated $241.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $164.7k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Markos Foundation has awarded 74 individual grants totaling $343,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Markos President/director | 0 | $0 | |
Carol Markos Vice President/sec/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,700 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,892 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $148,868 |
| Capital Gain Net Income | $148,868 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $241,460 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,605 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $650 |
| Total operating and administrative expenses | $40,723 |
| Contributions, gifts, grants paid | $124,000 |
| Total expenses and disbursements | $164,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $166,064 |
| 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 | $58,864 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,229,603 |
| 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, Markos Foundation has awarded $124,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN-EAU CLAIRE PURPOSE: GENERAL | $3,000 |
NEW LIFE HOUSE OF PRAYER PURPOSE: GENERAL | $200 |
FOLDS OF HONOR PURPOSE: GENERAL | $2,500 |
MISSION 22 PURPOSE: GENERAL | $2,500 |
NORTH HAWAII HOSPICE PURPOSE: GENERAL | $2,500 |
ST HARALABOS GREEK ORTHODOX CHURCH PURPOSE: GENERAL | $500 |