Michael J Marks Foundation
Michael J Marks Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HONOLULU, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.4M in total assets. In 2024, it awarded 42 grants totaling $335K. Net investment income was $316K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.4M
+6.4% YoY
Annual Giving
$335K
+73.6% YoY
Grant Count
42
+31.3% YoY
Avg Grant Size
$8K
+32.2% YoY
Under IRS private-foundation payout rules, Michael J Marks Foundation reported a distributable amount of $246K for 2024 — the minimum it must pay out in qualifying distributions.
About Michael J Marks Foundation
Based on IRS filings
Michael J Marks Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HONOLULU, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.4M in total assets. In 2024, it awarded 42 grants totaling $335K. Net investment income was $316K.
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 | $5,441,340 | $5,112,413 | $5,515,016 |
| Revenue | $685,031 | $209,857 | $4,956,715 |
| Expenses | $383,504 | $301,146 | $160,978 |
| Qualifying Distributions | $335,000 | $193,000 | $140,500 |
| Net Investment Income | $315,899 | $208,948 | $4,872,889 |
| Distributable Amount | $245,751 | $264,449 | $199,699 |
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
148 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Hawaii Foundation ($90,000), Hugs ($12,500), Maui Food Bank ($12,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ACLU Hawaii Honolulu, HI | CONTRIBUTION/SUPPORT | $5,000 |
| Ballet Hawaii Honolulu, HI | CONTRIBUTION/SUPPORT | $10,000 |
| Burton Memorial UMC Tavernier, FL | CONTRIBUTION/SUPPORT | $5,000 |
| Family Programs Hawaii Honolulu, HI | CONTRIBUTION/SUPPORT | $5,000 |
| Family Promise Hawaii Honolulu, HI | CONTRIBUTION/SUPPORT | $5,000 |
| Friends of Honolulu Botanical Honolulu, HI | CONTRIBUTION/SUPPORT | $3,000 |
| Friends of the Waikiki Aquarium Honolulu, HI | CONTRIBUTION/SUPPORT | $5,000 |
| Hale Kipa Inc Honolulu, HI | CONTRIBUTION/SUPPORT | $5,000 |
| Hale Mahaolu Pearl City, HI | CONTRIBUTION/SUPPORT | $5,000 |
| Hawaii Conservation Alliance Foundation Honolulu, HI | CONTRIBUTION/SUPPORT | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES W LOOMIS | PRESIDENT/DIRECTOR | — | — |
| E GUNNER SCHULL | VP/SECRETARY/TREASURER/DIRECTOR | — | — |
| SUSAN ROBERTS | VICE PRESIDENT/DIRECTOR | — | — |
| LISA D AYABE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Michael J Marks Foundation?
Michael J Marks Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HONOLULU, HI. It holds $5.4M in total assets as of 2024.
How large is Michael J Marks Foundation?
As of 2024, Michael J Marks Foundation holds $5.4M in total assets with $685K in annual revenue. It awarded 42 grants totaling $335K in 2024.
Where does Michael J Marks Foundation operate?
Michael J Marks Foundation has awarded grants in Florida, Hawaii, New York.
What size grants does Michael J Marks Foundation award?
In 2024, Michael J Marks Foundation awarded 42 grants totaling $335K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Michael J Marks Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael J Marks Foundation reported a distributable amount of $246K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Michael J Marks Foundation's EIN?
Michael J Marks Foundation's EIN (Employer Identification Number) is 71-1023900. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Michael J Marks 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.