Joe & Allison Markell Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 87-4537247

Joe & Allison Markell Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $97K in total assets. In 2024, it awarded 6 grants totaling $47K. Net investment income was $11K.

Joe & Allison Markell Foundation at a glance

In short: Joe & Allison Markell Foundation gave $47K across 6 grants in 2024 (avg $8K), mostly in Virginia. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$46,600
+0.2% vs 2023
Grants made (2024)
6
+20.0% vs 2023
Average grant
$7,767
-16.5% vs 2023
Median grant
$3,800
Total assets
$96,984
+7.1% vs 2023
Primary geography
Virginia (71% 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 Joe & Allison Markell Foundation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Cornerstone Chapel: $30KCornerstone Chapel$30KOhio Wesleyan University: $6KOhio Wesleyan University$6KSamaritans Purse: $5KSamaritans Purse$5KAmerican Cancer Society: $3KAmerican Cancer Society$3KThe Thomas Jefferson Institute for Public Policy: $3KThe Thomas Jefferson Institutefor Public Policy$3KPaws of Honor Inc: $500Paws of Honor Inc$500

The largest 2024 recipient was Cornerstone Chapel ($30K). Together the top 6 received $47K.

Grant Size Distribution

12 grants across all recorded years

11<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 12 (92%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

LeesburgDelawareRound HillAtlantaBooneSan RafaelWilliamsburg

How Joe & Allison Markell Foundation gives

  • In 2024 it paid out well above 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$25K$50K$75K$100K1 grant2022 5 grants2023 6 grants2024

From 2022 to 2024, annual grant giving ranged from $47K (2023) to $100K (2022). In 2024 it made 6 grants totaling $47K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Cornerstone Chapel Leesburg, VAGeneral & Unrestricted$30,000
Ohio Wesleyan University Delaware, OHTeam OWU - Women's Field Hockey$6,000
Samaritans Purse Boone, NCGeneral & Unrestricted$5,000
American Cancer Society Atlanta, GACharitable Event$2,600
The Thomas Jefferson Institute for Public Policy Round Hill, VAGeneral & Unrestricted$2,500
Paws of Honor Inc Williamsburg, VAGeneral & Unrestricted$500
Your AI grants department

Ready to take the next step with Joe & Allison Markell Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$96,984$61,681$55,222$46,6006$54,115$10,648$4,074
2023$90,525$10,311$71,458$46,5005$66,418$5,294$5,569
2022$151,672$253,442$101,770$100,0001$100,000$1,672$5,393

Under IRS private-foundation payout rules, Joe & Allison Markell Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Joe & Allison Markell Foundation is led by Allison Markell, Director & President on every filing since 2022; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Allison Markell

    Director & President

    On filings since 2022

    1 hr/week

    No compensation reported

  • Joseph C Markell

    Director, Secretary & Treasurer

    On filings since 2022

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "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 Joe & Allison Markell Foundation

How much does Joe & Allison Markell Foundation give each year?

Joe & Allison Markell Foundation gave $47K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $47K across 5 grants.

What is Joe & Allison Markell Foundation's typical grant size?

Joe & Allison Markell Foundation's median grant in 2024 was $3,800, and its average grant was $7,767, across 6 grants on its 2024 IRS Form 990-PF.

Where does Joe & Allison Markell Foundation give grants?

Joe & Allison Markell Foundation gives mostly in Virginia: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Ohio (13%) and North Carolina (11%).

Does Joe & Allison Markell Foundation give general operating support?

Yes: 67% of Joe & Allison Markell Foundation's 2024 grants with a stated purpose (4 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Joe & Allison Markell Foundation's largest grantees?

Joe & Allison Markell Foundation's largest 2024 grantees include Cornerstone Chapel ($30,000), Ohio Wesleyan University ($6,000) and Samaritans Purse ($5,000), according to its 2024 IRS Form 990-PF. Together they received 88% of its itemized 2024 grant dollars.

How large is Joe & Allison Markell Foundation?

Joe & Allison Markell Foundation reported $97K in total assets on its 2024 IRS Form 990-PF. It paid out $54K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

What is Joe & Allison Markell Foundation's EIN?

Joe & Allison Markell Foundation's EIN (Employer Identification Number) is 87-4537247. IRS Form 990 filing data is available on this page for 2022–2024.

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 2022–2024

Explore Open Grants

Browse active grant opportunities in Joe & Allison Markell Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Delaware

Aetna Foundation Inc

Hartford, CT

Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.

Assets

—

Grants

65

Total Given

$7.2M

Bristol-Myers Squibb Foundation Inc

Princeton, NJ

The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.

Assets

$83.3M

Grants

144

Total Given

$67.7M

American Electric Power Foundation

Wilmington, DE

The American Electric Power Foundation funds education, especially STEM, basic human services, social justice, and environmental protection, primarily for organizations in AEP’s service territory or with broader beneficial impact. Its 2025 grants ranged from $500 to $1,428,570, with a median of $10,000. It does not accept unsolicited requests; eligible organizations need an invitation from their local AEP Operating Company.

Philanthropy, Voluntarism & Grantmaking

Assets

$43.6M

Grants

753

Total Given

$23.0M

Puget Sound Energy Foundation

Wilmington, DE

The Puget Sound Energy Foundation funds nonprofits serving communities where PSE has a service or generation presence, primarily in Washington, across household needs, education and workforce pathways, climate resilience, and community safety. Grants vary widely; in 2024 they ranged from $13 to $100,000, with a $500 median, while its 2026 disaster-focused competitive program offers up to $15,000. It generally does not accept unsolicited requests, but eligible local nonprofits can apply through that competitive program.

Philanthropy, Voluntarism & Grantmaking

Assets

$19.6M

Grants

451

Total Given

$1.2M

First Eagle Investments Foundation

Wilmington, DE

Philanthropy, Voluntarism & Grantmaking

Assets

$747K

Grants

389

Total Given

$1.2M

Hagerty Drivers Foundation

Wilmington, DE

Assets

$193K

Grants

330

Total Given

$192K

More similar funders

More Funders in Delaware

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

Figures come from Joe & Allison Markell 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.

Joe & Allison Markell Foundation down — hundreds of funders to go?

Want AI to do this for you?