Marks Foundation
Marks Foundation is a private foundation based in Parsippany, New Jersey. Its 2025 filing reports 21 grants totaling $162,711 to charitable organizations, including hospitals, educational institutions, and community organizations.
Marks Foundation at a glance
In short: Marks Foundation gave $163K across 21 grants in 2025 (avg $8K), top state Florida. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $162,711
- +3.0% vs 2024
- Grants made (2025)
- 21
- +0.0% vs 2024
- Average grant
- $7,748
- +3.0% vs 2024
- Median grant
- $5,000
- Total assets
- $2,137,571
- -1.4% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 21, 2025; small sample)
- Primary geography
- Florida (35% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Marks Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: 389 Interpace Parkway Ste 3, Parsippany, NJ 07054
Phone: (973) 472-6250
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Marks Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Boca Raton Regional Hospital ($44K). Together the top 10 received $132K.
Grant Size Distribution
105 grants across all recorded years
The most common grant size was under $50K: 104 grants of 105 (99%).
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grant dollars went primarily to recipients in Florida (35%) and New Jersey (28%), followed by Maryland (12%), New York (9%), and Massachusetts (5%). These figures describe the locations of grant recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 21 itemized grants.
States
Cities
Is Marks Foundation open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 21 grantees (0%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. How we count
- 95% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−13%). Method
- In 2025 it paid out 83% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $152K (2020) to $220K (2019). In 2025 it made 21 grants totaling $163K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boca Raton Regional Hospital Boca Raton, FL | Charitable | $43,654 |
| Morristown Hospital Morristown, NJ | Charitable | $25,293 |
| Memorial Sloan Kettering Cancer Center Hagerstown, MD | Charitable | $20,264 |
| Jewish Federation of Palm Beach County Boca Raton, FL | Charitable | $10,000 |
| The Leukemia & Lymphona Society New York, NY | Charitable | $7,500 |
| Cornell University Ithica, NY | Charitable | $5,000 |
| Harvard University Boston, MA | Charitable | $5,000 |
| Haverford College Haverford, PA | Charitable | $5,000 |
| Morristown-Beard School Morristown, NJ | Charitable | $5,000 |
| Overlook Foundation Summit, NJ | Charitable | $5,000 |
Ready to take the next step with Marks Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,137,571 | $75,875 | $173,880 | $162,711 | 21 | $162,711 | $68,706 | $195,730 |
| 2024 | $2,168,369 | $116,342 | $164,289 | $158,000 | 21 | $158,000 | $165,649 | $185,885 |
| 2023 | $2,216,316 | $87,273 | $161,423 | $153,500 | 22 | $153,500 | $81,850 | $168,423 |
| 2022 | $2,290,466 | $157,607 | $195,561 | $187,500 | 21 | $190,000 | $152,046 | $145,921 |
| 2021 | $2,328,420 | $133,605 | $164,975 | $158,000 | 20 | $159,500 | $96,359 | $172,891 |
| 2020 | $2,359,790 | $60,174 | $156,958 | $152,000 | 25 | — | $58,835 | $138,165 |
| 2019 | $2,456,574 | $41,465 | $235,071 | $220,000 | 26 | — | $56,662 | $138,224 |
Under IRS private-foundation payout rules, Marks Foundation reported a distributable amount of $196K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include support for organizations whose own missions describe work in health care, education, and community life. For example, Overlook Foundation says its mission is to advance high-quality health care by Overlook Medical Center, and Morristown-Beard School describes itself as a college-preparatory school for grades 6 to 12. Jewish Federation of Palm Beach County says its mission includes strengthening Jewish identity, energizing the relationship with Israel, and meeting human needs it considers a community obligation.
Grantmaking
In 2025, the foundation gave $162,711 through 21 grants. Grant amounts ranged from $1,000 to $43,654, with a median grant of $5,000.
Among the largest reported grants were $43,654 to Boca Raton Regional Hospital, $25,293 to Morristown Hospital, $20,264 to Memorial Sloan Kettering Cancer Center, $10,000 to Jewish Federation of Palm Beach County, and $7,500 to The Leukemia & Lymphoma Society. Other reported grants included $5,000 each to Cornell University, Harvard University, Haverford College, Morristown-Beard School, Overlook Foundation, Temple Har Shalom, and University of Wisconsin Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Louis Friedman as trustee.
Marks Foundation is led by Louis Friedman, Trustee on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Louis Friedman
Trustee
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Marks Foundation
How much does Marks Foundation give each year?
Marks Foundation gave $163K across 21 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $158K across 21 grants.
What is Marks Foundation's typical grant size?
Marks Foundation's median grant in 2025 was $5,000, and its average grant was $7,748, across 21 grants on its 2025 IRS Form 990-PF.
Where does Marks Foundation give grants?
Marks Foundation's top state is Florida, with 35% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New Jersey (28%) and Maryland (12%). The most frequent recipient cities were Boca Raton, FL (3 grants), Morristown, NJ (3 grants) and New York, NY (2 grants).
Does Marks Foundation give general operating support?
Not in 2025: none of the 21 grants with a stated purpose on Marks Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (21 grants).
Who are Marks Foundation's largest grantees?
Marks Foundation's largest 2025 grantees include Boca Raton Regional Hospital ($43,654), Morristown Hospital ($25,293) and Memorial Sloan Kettering Cancer Center ($20,264), according to its 2025 IRS Form 990-PF. Together they received 55% of its itemized 2025 grant dollars.
How large is Marks Foundation?
Marks Foundation reported $2.1M in total assets on its 2025 IRS Form 990-PF. It paid out $163K in qualifying distributions that year, against a required minimum of $196K (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.
What does Marks Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants include support for organizations whose own missions describe work in health care, education, and community life. See mission & focus areas ↑
How do I apply for a grant from Marks Foundation?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Marks Foundation's EIN?
Marks Foundation's EIN (Employer Identification Number) is 59-7212468. IRS Form 990 filing data is available on this page for 2019–2025.
Does Marks Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 23, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 2, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 29, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 30, 2024)
Live grants for the work Marks Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Marks Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Marks Foundation funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/marks-foundation-morg_766b6990e5c740958c410b393afb49d7
BibTeX
@misc{grantable_597212468_2026,
author = {{Grantable}},
title = {{Marks Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/marks-foundation-morg_766b6990e5c740958c410b393afb49d7},
note = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Marks 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.
Marks Foundation down — hundreds of funders to go?