Markkula Foundation
- Assets
- $7.4m
- Revenue
- $323.1k
- Investments
- $6.8m
- Employees
- 0
- Location
- Woodside, CA
- Founding
- 03/1991
- Data as of
- 06/2023
- EIN
- 77-0272230
Organization Overview
Markkula Foundation is located in Woodside, CA. The organization was established in 1991. 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. Markkula 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, Markkula Foundation generated $323.1k 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 (29.5%) each year. All expenses for the organization totaled $287.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (28.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Markkula Foundation has awarded 80 individual grants totaling $1,359,725. 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 |
|---|---|---|---|
A C Markkula Jr Dir, Pres, CEO | 1 | $0 | |
Linda Markkula Dir, Vp, Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $168,456 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $154,669 |
| Capital Gain Net Income | $154,669 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $323,125 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,589 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,489 |
| Total operating and administrative expenses | $41,416 |
| Contributions, gifts, grants paid | $246,500 |
| Total expenses and disbursements | $287,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,078 |
| Savings and temporary cash investments | $388,236 |
| 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 | $4,572,013 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,445,803 |
| 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, Markkula Foundation has awarded $246,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
COMPUTER HISTORY MUSEUM PURPOSE: UNRESTRICTED | $5,000 |
CERTELL INC PURPOSE: UNRESTRICTED | $50,000 |
CRISTO REY SAN JOSE JESUIT HIGH SCHOOL PURPOSE: UNRESTRICTED | $25,000 |
HOOVER INSTITUTION PURPOSE: UNRESTRICTED | $10,000 |
LEADERSHIP INSTITUTE PURPOSE: UNRESTRICTED | $10,000 |
SAN FRANCISCO 49ER FOUNDATION PURPOSE: UNRESTRICTED | $75,000 |