Marasek Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LONGVIEW, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $8.8M in total assets. In 2024, it awarded 21 grants totaling $432K. Net investment income was $376K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.8M
+12.0% YoY
Annual Giving
$432K
-10.5% YoY
Grant Count
21
-4.5% YoY
Avg Grant Size
$21K
-6.2% YoY
Under IRS private-foundation payout rules, Marasek Foundation Inc reported a distributable amount of $388K for 2024 — the minimum it must pay out in qualifying distributions.
About Marasek Foundation Inc
Based on IRS filings
Marasek Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LONGVIEW, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $8.8M in total assets. In 2024, it awarded 21 grants totaling $432K. Net investment income was $376K.
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 | $8,756,723 | $7,821,028 | $7,007,598 |
| Revenue | $1,378,120 | $1,298,946 | $7,012,624 |
| Expenses | $442,425 | $485,516 | $5,026 |
| Qualifying Distributions | $432,000 | $482,500 | — |
| Net Investment Income | $376,285 | $295,930 | $7,598 |
| Distributable Amount | $388,402 | $349,603 | $840 |
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
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Remnant Church ($65,000), Longview Dream Center ($60,000), Rahab's Retreat Ranch ($58,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RAHAB'S RETREAT RANCH KILGORE, TX | DONATION | $58,000 |
| LONGVIEW DREAM CENTER LONGVIEW, TX | DONATION | $60,000 |
| ASBURY HOUSE CHILD ENRICHMENT CENTE LONGVIEW, TX | DONATION | $2,500 |
| BETHEL CHURCH REDDING REDDING, CA | DONATION | $20,000 |
| BEYOND OURSELVES LONGVIEW, TX | DONATION | $25,000 |
| BUCKNER CHILDREN AND FAMILY SERVICE LONGVIEW, TX | DONATION | $25,000 |
| CHRIST FOR ALL NATIONS ORLANDO, FL | DONATION | $20,000 |
| CHRIST TO THE WORLD MINISTRIES JUDSON, TX | DONATION | $20,000 |
| DAUGHTERS OF ZION MINISTRIES SAN JOSE, CA | DONATION | $5,000 |
| FOCUS ON THE FAMILY COLORADO SPRINGS, CO | DONATION | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK BLANKS JR | President | — | — |
| ALANA BLANKS | SECRETARY/TREAS | — | — |
| ERIC L BLANKS | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marasek Foundation Inc?
Marasek Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LONGVIEW, TX. It holds $8.8M in total assets as of 2024.
How large is Marasek Foundation Inc?
As of 2024, Marasek Foundation Inc holds $8.8M in total assets with $1.4M in annual revenue. It awarded 21 grants totaling $432K in 2024.
Where does Marasek Foundation Inc operate?
Marasek Foundation Inc has awarded grants in California, Colorado, Florida, Iowa, Louisiana, North Carolina, Tennessee, Texas.
What size grants does Marasek Foundation Inc award?
In 2024, Marasek Foundation Inc awarded 21 grants totaling $432K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Marasek Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marasek Foundation Inc reported a distributable amount of $388K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marasek Foundation Inc's EIN?
Marasek Foundation Inc's EIN (Employer Identification Number) is 92-1308008. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Marasek Foundation Inc'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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