The Andrew and Rachel Marks Foundation

Private foundation · Grantmaker New York, NY EIN: 87-3951311

The Andrew and Rachel Marks Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $10K in total assets. In 2025, it awarded 8 grants totaling $518K. Net investment income was $9K.

The Andrew and Rachel Marks Foundation at a glance

In short: The Andrew and Rachel Marks Foundation gave $518K across 8 grants in 2025 (avg $65K), mostly in New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$518,000
+187.8% vs 2024
Grants made (2025)
8
+166.7% vs 2024
Average grant
$64,750
+7.9% vs 2024
Median grant
$62,500
Total assets
$9,770
-98.1% vs 2024
Primary geography
New York (72% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Andrew and Rachel Marks Foundation funds

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Studio Museum of Harlem: $150KStudio Museum of Harlem$150KEnvironmental Defense Fund: $100KEnvironmental Defense Fund$100KCreative Visions Foundation: $100KCreative Visions Foundation$100KTrinity Episcopal School: $75KTrinity Episcopal School$75KBarrow Street Nursery School: $50KBarrow Street Nursery School$50KGiffords Law Center to Prevent Gun Violence: $25KGiffords Law Center to PreventGun Violence$25KCongregation or Hachaim: $13KCongregation or Hachaim$13KSundance Institute: $5KSundance Institute$5K

The largest 2025 recipient was Studio Museum of Harlem ($150K). Together the top 8 received $518K.

Grant Size Distribution

16 grants across all recorded years

7<$50K5$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 16 (44%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

New YorkBostonLos AngelesMalibuPark CitySan FranciscoWashington

How The Andrew and Rachel Marks Foundation gives

  • Giving grew 1972% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2021 1 grant2022 4 grants2023 3 grants2024 8 grants2025

From 2022 to 2025, annual grant giving ranged from $25K (2022) to $518K (2025). In 2025 it made 8 grants totaling $518K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Studio Museum of Harlem New York, NYCharitable$150,000
Environmental Defense Fund New York, NYCharitable$100,000
Creative Visions Foundation Malibu, CACharitable$100,000
Trinity Episcopal School New York, NYCharitable$75,000
Barrow Street Nursery School New York, NYCharitable$50,000
Giffords Law Center to Prevent Gun Violence San Francisco, CACharitable$25,000
Congregation or Hachaim Los Angeles, CACharitable$13,000
Sundance Institute Park City, UTCharitable$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$9,770$8,872$518,944$518,0008$518,479$8,822$9,275
2024$519,842$32,961$186,036$180,0003$182,413$29,857$30,365
2023$672,917$36,977$152,790$150,0004$152,503$36,690$35,949
2022$788,730$-38,450$25,100$25,0001$25,100$11,241$40,765
2021$852,280$852,280—————$2,434

Under IRS private-foundation payout rules, The Andrew and Rachel Marks Foundation reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Andrew and Rachel Marks Foundation is led by Andrew Marks, Trustee on every filing since 2021 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Andrew Marks

    Trustee

    On filings since 2021

    5 hrs/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 The Andrew and Rachel Marks Foundation

How much does The Andrew and Rachel Marks Foundation give each year?

The Andrew and Rachel Marks Foundation gave $518K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $180K across 3 grants.

What is The Andrew and Rachel Marks Foundation's typical grant size?

The Andrew and Rachel Marks Foundation's median grant in 2025 was $62,500, and its average grant was $64,750, across 8 grants on its 2025 IRS Form 990-PF.

Where does The Andrew and Rachel Marks Foundation give grants?

The Andrew and Rachel Marks Foundation gives mostly in New York: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (27%). The most frequent recipient cities were New York, NY (4 grants).

Does The Andrew and Rachel Marks Foundation give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on The Andrew and Rachel Marks Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (8 grants).

Who are The Andrew and Rachel Marks Foundation's largest grantees?

The Andrew and Rachel Marks Foundation's largest 2025 grantees include Studio Museum of Harlem ($150,000), Environmental Defense Fund ($100,000) and Creative Visions Foundation ($100,000), according to its 2025 IRS Form 990-PF. Together they received 68% of its itemized 2025 grant dollars.

How large is The Andrew and Rachel Marks Foundation?

The Andrew and Rachel Marks Foundation reported $10K in total assets on its 2025 IRS Form 990-PF. It paid out $518K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets).

What is The Andrew and Rachel Marks Foundation's EIN?

The Andrew and Rachel Marks Foundation's EIN (Employer Identification Number) is 87-3951311. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 25, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  6. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Andrew and Rachel 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.

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