Marek Family Foundation
- Assets
- $0.0
- Revenue
- $9.7m
- Investments
- $40.3m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 11/1968
- Data as of
- 12/2021
- EIN
- 74-6108373
Organization Overview
Marek Family Foundation is located in Houston, TX. The organization was established in 1968. 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. Marek 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 12/2021, Marek Family Foundation generated $9.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $8.0m during the year ending 12/2021. While expenses have increased by 25.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marek Family Foundation has awarded 1,258 individual grants totaling $25,919,779. 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 |
|---|---|---|---|
R Stan Marek Jr President | 3 | $0 | |
Bruce C Marek Secretary/treasurer | 1 | $0 | |
Paul A Marek Vice President | 1 | $0 | |
J Byron Wake Director (until 10/23) | 1 | $0 | |
David L Gilley Director | 3 | $0 | |
Steve L Gordon Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rbc Wealth Management | 12/30/23 | $174,735 |
Jpmorgan Chase Bank Na | 12/30/23 | $114,431 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,128,455 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,016,294 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,728,921 |
| Total Revenue | $9,699,303 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $377,348 |
| Contributions, gifts, grants paid | $7,617,156 |
| Total expenses and disbursements | $7,994,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,349,066 |
| Investments—mortgage loans | $1,486,232 |
| Investments—other | $3,489,760 |
| Other assets | $4,112,456 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Marek Family Foundation has awarded $3,029,450 in support to 168 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE COMMUNITY ASSISTANCE MINISTRIES OF GREATER HOUSTON PURPOSE: TO SUPPORT EFFORTS TO FIGHT HOMELESSNESS, HUNGER, AND HOPELESSNESS | $5,000 |
ALS ASSOCIATION OF TEXAS PURPOSE: TO SUPPORT RESEARCH, PATIENT AND COMMUNITY SERVICES RELATED TO ALS | $25,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: TO SUPPORT ALZHEIMERS RESEARCH | $3,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: TO SUPPORT FAMILIES IMPACTED BY DEMENTIA | $5,000 |
AMERICAN BUSINESS IMMIGRATION COALITION PURPOSE: TO PROMOTE BIPARTISAN COMMON SENSE IMMIGRATION SOLUTIONS AT THE FEDERAL AND STATE LEVELS THAT BENEFIT THE PEOPLE AND ECONOMY. | $5,000 |
AMAZING PLACE PURPOSE: TO SUPPORT FAMILIES IMPACTED BY DEMENTIA | $25,000 |