Mark's Legacy Foundation

Foundation · Grantmaker CHICAGO, IL EIN: 37-1709152

Mark's Legacy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 12 grants totaling $130K. Net investment income was $84K.

Key facts about Mark's Legacy Foundation

EIN: 37-1709152
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $130,000
Grants made (2024): 12
Average grant: $10,833
Median grant: $8,750
Total assets: $1,362,355
Primary geography: California (48% of itemized 2024 grant dollars)

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

Who Mark's Legacy Foundation funds

By grant dollars, the top recipient states for Mark's Legacy Foundation's 12 itemized 2024 grants were California (48%), Florida (15%) and New Jersey (12%). None of its 12 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Further the Charity's Cause" (12 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-3.8% YoY

Annual Giving

$130K

+13.0% YoY

Grant Count

-7.7% YoY

Avg Grant Size

$11K

+22.5% YoY

Under IRS private-foundation payout rules, Mark's Legacy Foundation reported a distributable amount of $120K for 2024 — the minimum it must pay out in qualifying distributions.

About Mark's Legacy Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $299K (55%)

Illinois $85K (16%)

Florida $50K (9%)

New York $30K (6%)

Pennsylvania $30K (6%)

New Jersey $25K (5%)

Maryland $17K (3%)

Virginia $10K (2%)

States

California Florida Illinois Maryland New Jersey New York Pennsylvania Virginia

Cities

ChicagoVan NuysLos AngelesNorth HillsAventuraNew YorkSilver SpringWest HollywoodDallasMalibuMidlothianNewarkWestlake VillageWynnewood

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,362,355	$1,416,525	$1,462,485
Revenue	$94,909	$77,239	$116,504
Expenses	$143,898	$128,603	$111,993
Qualifying Distributions	$132,115	$116,980	$100,020
Net Investment Income	$84,156	$67,134	$105,591
Distributable Amount	$119,989	$108,174	$109,779

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

48 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Shalom Institute ($25,000), Holocaust Heroes Worldwide ($20,000), New Horizons Foundation ($20,000).

Recipient	Purpose	Amount
SHALOM INSTITUTE WESTLAKE VILLAGE, CA	TO FURTHER THE CHARITY'S CAUSE	$25,000
HOLOCAUST HEROES WORLDWIDE AVENTURA, FL	TO FURTHER THE CHARITY'S CAUSE	$20,000
NEW HORIZONS FOUNDATION NORTH HILLS, CA	TO FURTHER THE CHARITY'S CAUSE	$20,000
AMERICAN FRIENDS OF MAGEN DAVID ADOM NEWARK, NJ	TO FURTHER THE CHARITY'S CAUSE	$15,000
ONE GENERATION VAN NUYS, CA	TO FURTHER THE CHARITY'S CAUSE	$10,000
FRIENDS OF THE ISRAEL DEFENSE FORCE NEW YORK, NY	TO FURTHER THE CHARITY'S CAUSE	$10,000
WOUNDED WARRIORS CHICAGO, IL	TO FURTHER THE CHARITY'S CAUSE	$7,500
HIAS SILVER SPRING, MD	TO FURTHER THE CHARITY'S CAUSE	$5,000
JEWISH FEDERATION LOS ANGELES, CA	TO FURTHER THE CHARITY'S CAUSE	$5,000
BLUE CHIP FARM ANIMAL REFUGE DALLAS, PA	TO FURTHER THE CHARITY'S CAUSE	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SAHAR POUYANRAD	SECRETARY	—	—
MARK BOOKMAN	TREASURER	—	—
ELONA BALYASNY	PRESIDENT	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mark's Legacy Foundation?

Mark's Legacy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $1.4M in total assets as of 2024.

How large is Mark's Legacy Foundation?

As of 2024, Mark's Legacy Foundation holds $1.4M in total assets with $95K in annual revenue. It awarded 12 grants totaling $130K in 2024.

Where does Mark's Legacy Foundation operate?

Mark's Legacy Foundation has awarded grants in California, Florida, Illinois, Maryland, New Jersey, New York, Pennsylvania, Virginia.

What size grants does Mark's Legacy Foundation award?

In 2024, Mark's Legacy Foundation awarded 12 grants totaling $130K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Mark's Legacy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mark's Legacy Foundation reported a distributable amount of $120K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.