Albert C & Bertha P Markstein Foundation

Private foundation · Grantmaker Diablo, CA EIN: 68-0261458

Albert C & Bertha P Markstein Foundation is a private foundation, based in Diablo, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $623K in total assets. In 2024, it awarded 3 grants totaling $40K. Net investment income was $37K.

Albert C & Bertha P Markstein Foundation at a glance

In short: Albert C & Bertha P Markstein Foundation gave $40K across 3 grants in 2024 (avg $13K), top state Wyoming. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$40,000
+0.0% vs 2023
Grants made (2024)
3
-25.0% vs 2023
Average grant
$13,333
+33.3% vs 2023
Median grant
$15,000
Total assets
$623,193
-1.9% vs 2023
Primary geography
Wyoming (38% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Albert C & Bertha P Markstein Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Wyoming Colorado Children's Society: $15KWyoming Colorado Children'sSociety$15KWounded Warriors Project: $15KWounded Warriors Project$15KUCSF Benioff Children's Hospital Fo: $10KUCSF Benioff Children'sHospital Fo$10K

The largest 2024 recipient was Wyoming Colorado Children's Society ($15K). Together the top 3 received $40K.

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 26 grants of 26 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

CheyenneJacksonvilleOaklandStaten IslandArlingtonWashingtonHaywardJacksonNashvilleSpringfield

How Albert C & Bertha P Markstein Foundation gives

  • Giving grew 29% from 2021 to 2024. Method
  • In 2024 it paid out 118% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K6 grants2020 9 grants2021 4 grants2022 4 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $30K (2020) to $40K (2024). In 2024 it made 3 grants totaling $40K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Wyoming Colorado Children's Society Cheyenne, WYChildren's Welfare$15,000
Wounded Warriors Project Jacksonville, FLGeneral Fund$15,000
UCSF Benioff Children's Hospital Fo Oakland, CAGeneral Fund$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$623,193$43,786$55,669$40,0003$40,000$36,712$34,004
2023$635,075$26,938$46,681$40,0004$40,000$20,595$32,083
2022$654,817$49,877$51,225$40,0004$40,000$43,176$33,970
2021$656,166$73,797$42,210$31,0009$31,000$65,854$41,784
2020$624,578$5,704$40,540$30,0006—$11,648$33,902

Under IRS private-foundation payout rules, Albert C & Bertha P Markstein Foundation reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Albert C & Bertha P Markstein Foundation is led by Robert C. Markstein, President, Director & CFO on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Robert C. Markstein

    President, Director & CFO

    On filings since 2020

    No compensation reported

  • Thomas V. Bret

    Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Albert C & Bertha P Markstein Foundation

How much does Albert C & Bertha P Markstein Foundation give each year?

Albert C & Bertha P Markstein Foundation gave $40K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $40K across 4 grants.

What is Albert C & Bertha P Markstein Foundation's typical grant size?

Albert C & Bertha P Markstein Foundation's median grant in 2024 was $15,000, and its average grant was $13,333, across 3 grants on its 2024 IRS Form 990-PF.

Where does Albert C & Bertha P Markstein Foundation give grants?

Albert C & Bertha P Markstein Foundation's top state is Wyoming, with 38% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Florida (38%) and California (25%).

Does Albert C & Bertha P Markstein Foundation give general operating support?

Yes: 67% of Albert C & Bertha P Markstein Foundation's 2024 grants with a stated purpose (2 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Albert C & Bertha P Markstein Foundation?

Albert C & Bertha P Markstein Foundation reported $623K in total assets on its 2024 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $34K (roughly 5% of its investment assets).

What is Albert C & Bertha P Markstein Foundation's EIN?

Albert C & Bertha P Markstein Foundation's EIN (Employer Identification Number) is 68-0261458. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Albert C & Bertha P Markstein Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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