Mark Felice Foundation

Private foundation · Grantmaker Austin, TX EIN: 47-5355788

Mark Felice Foundation is a private foundation, based in Austin, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $900K in total assets. In 2024, it made $732 in qualifying distributions. Net investment income was $39K.

Mark Felice Foundation at a glance

Total assets
$900,476
-2.6% vs 2023
Revenue (2024)
$40,979
+15.3% vs 2023
Qualifying distributions (2024)
$732
-93.1% vs 2023
Expenses (2024)
$5,714
-46.1% vs 2023
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Mark Felice Foundation funds

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Austin

How Mark Felice Foundation gives

  • In 2024 it paid out 1% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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$2K$4K$6K0 grants2020 0 grants2021 0 grants2022 1 grant2023 0 grants2024

In 2023 it made 1 grant totaling $5K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Dell Children's Foundation Austin, TXPatient Assistance Program$4,963
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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$900,476$40,979$5,714——$732$39,479$55,811
2023$924,191$35,543$10,600$4,9631$10,600$58,414$56,067
2022$875,265$47,761————$20,620$54,660
2021$839,901$7,935————$32,469$39,671
2020$789,448$42,725$1,233———$15,979$3,881

Under IRS private-foundation payout rules, Mark Felice Foundation reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Mark Felice Foundation is led by Stephen Felice, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Stephen Felice

    President

    On filings since 2020

    No compensation reported

  • Catherine Felice

    Vice President

    On filings since 2020

    No compensation reported

  • Jeana Lowry

    Secretary & Treasurer

    Secretary Treasurer → Secretary & Treasurer, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Jeana Felice (2023) — Secretary Treasurer

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 Mark Felice Foundation

How large is Mark Felice Foundation?

Mark Felice Foundation reported $900K in total assets on its 2024 IRS Form 990-PF. It paid out $732 in qualifying distributions that year, against a required minimum of $56K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Mark Felice Foundation operate?

Mark Felice Foundation has awarded grants in Texas.

What is Mark Felice Foundation's EIN?

Mark Felice Foundation's EIN (Employer Identification Number) is 47-5355788. 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 Mark Felice 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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