The Andrew and Rachel Marks Foundation

NEW YORK, NY EIN: 87-3951311

The Andrew and Rachel Marks Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $520K in total assets. In 2024, it awarded 3 grants totaling $180K. Net investment income was $30K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$520K

-22.7% YoY

Annual Giving

$180K

+20.0% YoY

Grant Count

-25.0% YoY

Avg Grant Size

$60K

+60.0% YoY

Under IRS private-foundation payout rules, The Andrew and Rachel Marks Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.

About The Andrew and Rachel Marks Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $305K (86%)

District of Columbia $25K (7%)

Massachusetts $25K (7%)

States

District of Columbia Massachusetts New York

Cities

BostonNew YorkWashingtonWhite Plains

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$519,842	$672,917	$788,730
Revenue	$32,961	$36,977	$-38,450
Expenses	$186,036	$152,790	$25,100
Qualifying Distributions	$182,413	$152,503	$25,100
Net Investment Income	$29,857	$36,690	$11,241
Distributable Amount	$30,365	$35,949	$40,765

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Environmental Defense Fund ($100,000), Studio Museum of Harlem ($50,000), Jewish Voters United ($30,000).

Recipient	Purpose	Amount
ENVIRONMENTAL DEFENSE FUND NEW YORK, NY	CHARITABLE	$100,000
STUDIO MUSEUM OF HARLEM NEW YORK, NY	CHARITABLE	$50,000
JEWISH VOTERS UNITED WHITE PLAINS, NY	CHARITABLE	$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ANDREW MARKS	TRUSTEE	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Andrew and Rachel Marks Foundation?

The Andrew and Rachel Marks Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $520K in total assets as of 2024.

How large is The Andrew and Rachel Marks Foundation?

As of 2024, The Andrew and Rachel Marks Foundation holds $520K in total assets with $33K in annual revenue. It awarded 3 grants totaling $180K in 2024.

Where does The Andrew and Rachel Marks Foundation operate?

The Andrew and Rachel Marks Foundation has awarded grants in District of Columbia, Massachusetts, New York.

What size grants does The Andrew and Rachel Marks Foundation award?

In 2024, The Andrew and Rachel Marks Foundation awarded 3 grants totaling $180K — an average of about $60K per grant, based on its IRS Form 990 filings.

How much is The Andrew and Rachel Marks Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Andrew and Rachel Marks Foundation reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2021–2024.