Marks Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STONINGTON, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 12 grants totaling $120K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+7.6% YoY
Annual Giving
$120K
+39.5% YoY
Grant Count
12
+100.0% YoY
Avg Grant Size
$10K
-30.2% YoY
Under IRS private-foundation payout rules, Marks Family Foundation reported a distributable amount of $118K for 2024 — the minimum it must pay out in qualifying distributions.
About Marks Family Foundation
Based on IRS filings
Marks Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STONINGTON, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 12 grants totaling $120K. Net investment income was $33K.
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 | $2,488,152 | $2,312,270 | $304 |
| Revenue | $65,938 | $50,601 | $1,501 |
| Expenses | $122,392 | $87,005 | $1,500 |
| Qualifying Distributions | $121,800 | $86,500 | $1,500 |
| Net Investment Income | $33,412 | $24,510 | $1 |
| Distributable Amount | $117,746 | $92,212 | $15 |
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
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lawrence & Memorial Hospital ($16,000), Lawrence & Memorial Hospital ($15,000), Lawrence & Memorial Hospital ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LAWRENCE & MEMORIAL HOSPITAL NEW LONDON, CT | LUCAS DEVICE - EQUIPMENT | $14,000 |
| LAWRENCE & MEMORIAL HOSPITAL NEW LONDON, CT | BEHAVIORAL HEALTH ROOMS - EQUIPMENT | $15,000 |
| LAWRENCE & MEMORIAL HOSPITAL NEW LONDON, CT | BEHAVIORAL HEALTH FUND | $15,000 |
| JEWISH COMMUNITY FOUNDATION WEST HARTFORD, CT | CBI EDUCATION FUND | $4,000 |
| CONGREGATION BETH ISRAEL WEST HARTFORD, CT | BUILDING COMMITMENT FUND | $6,000 |
| CHILDREN'S OF ALABAMA TUSCALOOSA, AL | HEALTH CARE FOR CHILDREN | $10,000 |
| DR MARTIN LUTHER KING SCHOLARSHIP NEW LONDON, CT | COLLEGE SCHOLARSHIP FUND | $6,000 |
| YALE SCHOOL OF MEDICINE NEW HAVEN, CT | MEDICAL RESEARCH | $10,000 |
| COMMUNITY SPEAKS OUT GROTON, CT | ANNUAL FUND GIVING | $5,000 |
| AMAZING GRACE FOUNDATION CHARLOTTE, NC | CANCER CLINICAL TRIALS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NEAL BOBRUFF | TRUSTEE | — | — |
| MARK BOBRUFF | TRUSTEE | — | — |
| ELLEN REESE | TRUSTEE | — | — |
| PAUL BOBRUFF | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marks Family Foundation?
Marks Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STONINGTON, CT. It holds $2.5M in total assets as of 2024.
How large is Marks Family Foundation?
As of 2024, Marks Family Foundation holds $2.5M in total assets with $66K in annual revenue. It awarded 12 grants totaling $120K in 2024.
Where does Marks Family Foundation operate?
Marks Family Foundation has awarded grants in Alabama, Connecticut, North Carolina.
What size grants does Marks Family Foundation award?
In 2024, Marks Family Foundation awarded 12 grants totaling $120K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Marks Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marks Family Foundation reported a distributable amount of $118K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marks Family Foundation's EIN?
Marks Family Foundation's EIN (Employer Identification Number) is 06-1601029. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Marks 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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