Marak Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 35 grants totaling $256K. Net investment income was $602K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.8M
+25.0% YoY
Annual Giving
$256K
-3.4% YoY
Grant Count
35
+25.0% YoY
Avg Grant Size
$7K
-22.7% YoY
Under IRS private-foundation payout rules, Marak Family Foundation reported a distributable amount of $307K for 2024 — the minimum it must pay out in qualifying distributions.
About Marak Family Foundation
Based on IRS filings
Marak Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 35 grants totaling $256K. Net investment income was $602K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,771,634 | $5,416,221 | $4,939,675 |
| Revenue | $1,665,935 | $792,873 | $-237,645 |
| Expenses | $310,522 | $316,327 | $340,871 |
| Qualifying Distributions | $256,050 | $264,950 | $274,150 |
| Net Investment Income | $601,923 | $117,292 | $64,416 |
| Distributable Amount | $307,465 | $256,029 | $264,951 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
143 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Roman Catholic Diocese of Amarillo ($43,000), St Vincent De Paul Catholic Church ($25,300), Catholic Diocese of Fort Worth ($14,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ROMAN CATHOLIC DIOCESE OF AMARILLO AMARILLO, TX | GENERAL OPERATING OTHER ($36,000) AND SUPPORT OF EDUCATION OF SEMINARIANS ($7,000) | $43,000 |
| PAMPA MEALS ON WHEELS PAMPA, TX | GENERAL SUPPORT | $11,000 |
| TOP OF TEXAS CRISIS PREGNANCY CENTE PAMPA, TX | GENERAL SUPPORT | $11,000 |
| TRALEE CRISIS CENTER PAMPA, TX | GENERAL SUPPORT | $11,000 |
| BUCKNER CHILDREN AND FAMILY SERVICE DALLAS, TX | GENERAL - FOCUSED ON AMARILLO LOCATION | $11,000 |
| CATHOLIC STUDENT CENTER CANYON, TX | GENERAL SUPPORT | $4,500 |
| GOOD SAMARITAN CHRISTIAN SERVICES PAMPA, TX | GENERAL SUPPORT | $11,000 |
| HIGH PLAINS FOOD BANK AMARILLO, TX | GENERAL SUPPORT | $11,000 |
| ST VINCENT DE PAUL CATHOLIC CHURCH PAMPA, TX | GENERAL SUPPORT | $25,300 |
| MEDICAL CENTER LEAGUE HOUSE OF AMAR AMARILLO, TX | GENERAL SUPPORT | $11,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLARENCE E MARAK | Director | 1 | — |
| BETTY L MARAK | Director | 1 | — |
| KEN M MARAK | President/Treas | 1 | — |
| JAN DAVIDSON | Director | 0.5 | — |
| KEVIN MARAK | Director | 0.5 | — |
| KATIE LYTLE | Director | 0.5 | — |
| KONNER MARAK | Director | 0.5 | — |
| JAKE COWMAN | Director | 0.5 | — |
| BEN COWMAN | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marak Family Foundation?
Marak Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $6.8M in total assets as of 2024.
How large is Marak Family Foundation?
As of 2024, Marak Family Foundation holds $6.8M in total assets with $1.7M in annual revenue. It awarded 35 grants totaling $256K in 2024.
Where does Marak Family Foundation operate?
Marak Family Foundation has awarded grants in District of Columbia, Florida, Massachusetts, New York, Oklahoma, Tennessee, Texas.
What size grants does Marak Family Foundation award?
In 2024, Marak Family Foundation awarded 35 grants totaling $256K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Marak Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marak Family Foundation reported a distributable amount of $307K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marak Family Foundation's EIN?
Marak Family Foundation's EIN (Employer Identification Number) is 61-1669789. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Marak Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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