Markstone Family Charitable Foundation
The Markstone Family Charitable Foundation is a private foundation based in Providence, Rhode Island. In 2025, it reported 13 grants totaling $123,250, all to Rhode Island recipients, and stated that it contributes only to preselected charitable organizations.
Markstone Family Charitable Foundation at a glance
In short: Markstone Family Charitable Foundation gave $123K across 13 grants in 2025 (avg $9K), mostly in Rhode Island. 23% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $123,250
- +155.5% vs 2024
- Grants made (2025)
- 13
- +8.3% vs 2024
- Average grant
- $9,481
- +135.8% vs 2024
- Median grant
- $5,000
- Total assets
- $1,288,987
- -2.5% vs 2024
- New grantees (estimate)
- 23% first-time grantees (3 of 13, 2025; small sample)
- Primary geography
- Rhode Island (100% 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 Markstone Family Charitable Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 37 Cooke Street, Providence, RI 02906
Phone: (617) 501-8058
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Markstone Family Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Gamm Theatre ($45K). Together the top 10 received $120K.
Grant Size Distribution
53 grants across all recorded years
The most common grant size was under $50K: 52 grants of 53 (98%).
Geographic Focus
Where this funder awards grants
All 2025 grant dollars went to recipients in Rhode Island; the reported share for Connecticut was 0%.
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
Cities
Is Markstone Family Charitable Foundation open to new grantees?
23%
first-time grantees, 2025
In 2025, 3 of 13 grantees (23%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $3K; repeat grants $12K. How we count
Medians: $3K first-time, $10K repeat.
- 54% of 2025 grantees were also funded in 2024. Method
- Giving grew 65% from 2022 to 2025. Method
- In 2025 it paid out 165% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). 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 2022 to 2025, annual grant giving ranged from $48K (2024) to $123K (2025). In 2025 it made 13 grants totaling $123K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Gamm Theatre Warwick, RI | Operating Support | $45,000 |
| Crossroads RI Providence, RI | Operating Support | $12,500 |
| Economic Progress Institute Providence, RI | Operating Support | $12,500 |
| Westminister Unitarian Church East Greenwich, RI | Operating Support | $12,000 |
| Sojourner House Providence, RI | Operating Support | $10,000 |
| United Way of RI Providence, RI | Operating Support | $10,000 |
| Dorcas International Providence, RI | Operating Support | $5,000 |
| Planned Parenthood Providence, RI | Operating Support | $5,000 |
| Rhode Island Council for the Humanities Providence, RI | Operating Support | $5,000 |
| RI Community Food Bank Providence, RI | Operating Support | $2,500 |
Ready to take the next step with Markstone Family Charitable 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 | $1,288,987 | $100,622 | $133,578 | $123,250 | 13 | $123,275 | $91,653 | $74,495 |
| 2024 | $1,322,377 | $55,141 | $57,569 | $48,248 | 12 | $48,278 | $46,350 | $72,432 |
| 2023 | $1,326,513 | $45,109 | $121,440 | $110,500 | 12 | $111,050 | $34,719 | $64,780 |
| 2022 | $1,398,309 | $-13,115 | $88,582 | $74,700 | 16 | $75,823 | $20,465 | $62,495 |
| 2021 | $1,500,006 | $1,500,006 | — | — | — | — | $6 | $3,084 |
Under IRS private-foundation payout rules, Markstone Family Charitable Foundation reported a distributable amount of $74K 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 included operating support for organizations working in areas such as theater, housing and support for survivors of violence, humanities, and food assistance. For example, Sojourner House describes its mission as providing support, advocacy, education, and housing for victims and survivors of domestic violence, sexual assault, and human trafficking, and effecting systems change. The Rhode Island Council for the Humanities says it supports public history, cultural heritage, civic education, and community engagement.
Grantmaking
In 2025, the foundation made 13 grants totaling $123,250. Grant amounts ranged from $250 to $45,000, with a median grant of $5,000. Notable grants included $45,000 to The Gamm Theatre, $12,500 each to Crossroads RI and the Economic Progress Institute, $12,000 to Westminister Unitarian Church, and $10,000 each to Sojourner House and United Way of RI. The listed grants were for operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists William C Stone and Carolyn Mark as trustees.
Markstone Family Charitable Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carolyn Mark
Trustee
On filings since 2021
1 hr/week
No compensation reported
William C. Stone
Trustee
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Markstone Family Charitable Foundation
How much does Markstone Family Charitable Foundation give each year?
Markstone Family Charitable Foundation gave $123K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $48K across 12 grants.
What is Markstone Family Charitable Foundation's typical grant size?
Markstone Family Charitable Foundation's median grant in 2025 was $5,000, and its average grant was $9,481, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Markstone Family Charitable Foundation that year got $3K on average.
Where does Markstone Family Charitable Foundation give grants?
Markstone Family Charitable Foundation gives mostly in Rhode Island: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Providence, RI (10 grants).
Does Markstone Family Charitable Foundation give general operating support?
Yes: 100% of Markstone Family Charitable Foundation's 2025 grants with a stated purpose (13 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Markstone Family Charitable Foundation's largest grantees?
Markstone Family Charitable Foundation's largest 2025 grantees include The Gamm Theatre ($45,000), Crossroads RI ($12,500) and Economic Progress Institute ($12,500), according to its 2025 IRS Form 990-PF. Together they received 57% of its itemized 2025 grant dollars.
How large is Markstone Family Charitable Foundation?
Markstone Family Charitable Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $123K in qualifying distributions that year, against a required minimum of $74K (roughly 5% of its investment assets).
What does Markstone Family Charitable Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included operating support for organizations working in areas such as theater, housing and support for survivors of violence, humanities, and food assistance. See mission & focus areas ↑
How do I apply for a grant from Markstone Family Charitable Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Markstone Family Charitable Foundation's EIN?
Markstone Family Charitable Foundation's EIN (Employer Identification Number) is 87-3861397. IRS Form 990 filing data is available on this page for 2021–2025.
Does Markstone Family Charitable 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
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 18, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Markstone Family Charitable Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Markstone Family Charitable Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Rhode Island
United Way of Rhode Island Inc
Providence, RI
United Way of Rhode Island funds Rhode Island nonprofits working on economic security, children’s learning, housing, food access, safety, and related community needs. In 2025, grants ranged from $5,008 to $547,033, with a median of $15,000; its emergency grants offer up to $50,000, with average awards of $25,000–$30,000. It accepts applications for emergency grants on a rolling basis.
Assets
$30.1M
Grants
282
Total Given
$8.0M
Panwy Foundation Inc
Greenwich, CT
Assets
$3.3M
Grants
169
Total Given
$436K
The Ruth & Arthur Friedman Family
Great Neck, NY
Assets
$34K
Grants
2
Total Given
$400
The Rhode Island Community Foundation
Providence, RI
The Rhode Island Community Foundation funds nonprofits and community efforts in areas including education, arts and culture, housing, health, climate action, and economic mobility. Its 2024 grants had a median of about $23,940, with giving concentrated in Rhode Island; the profile does not state whether it accepts unsolicited requests.
Assets
$1.3B
Grants
977
Total Given
$72.0M
The Champlin Foundation
Pittsburgh, PA
The Champlin Foundation funds capital needs—such as equipment and facilities—for nonprofits in areas including education, healthcare, arts, conservation, and social services; it does not fund programs or general operations. Its 2024 grants had a median of about $50,000, though first-time awards are typically $25,000 or less, and its grantmaking primarily serves Rhode Island. The profile does not state whether it accepts unsolicited requests.
Assets
$456.6M
Grants
213
Total Given
$18.1M
CVS Foundation
Woonsocket, RI
CVS Foundation funds health care access and outcomes, preventive and community health, health-related needs such as food and housing, education and workforce development, and disaster response across the United States. In 2024, it made 778 grants totaling about $21.4 million; awards ranged from $250 to $2.46 million, with a median of $1,500. It does not accept unsolicited requests; support is by invitation or RFP only, and no RFPs are currently open.
Assets
$194.3M
Grants
778
Total Given
$21.4M
More similar funders
More Funders in Rhode Island
Cite this profile
Grantable. (2026). Markstone Family Charitable Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/markstone-family-charitable-foundation-morg_3129c13c4ef44139b245d6cca99a718a
BibTeX
@misc{grantable_873861397_2026,
author = {{Grantable}},
title = {{Markstone Family Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/markstone-family-charitable-foundation-morg_3129c13c4ef44139b245d6cca99a718a},
note = {Accessed 2026-10-17. 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 Markstone Family Charitable 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.
Markstone Family Charitable Foundation down — hundreds of funders to go?