The Markarian Foundation
The Markarian Foundation is a private foundation, based in Las Cruces, NM. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $4.1M in total assets. In 2026, it awarded 2 grants totaling $60K. Net investment income was $344K.
The Markarian Foundation at a glance
In short: The Markarian Foundation gave $60K across 2 grants in 2026 (avg $30K), mostly in District of Columbia. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $60,000
- +9.1% vs 2025
- Grants made (2026)
- 2
- +0.0% vs 2025
- Average grant
- $30,000
- +9.1% vs 2025
- Median grant
- $30,000
- Total assets
- $4,095,046
- +12.4% vs 2025
- Primary geography
- District of Columbia (75% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who The Markarian Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2026
The largest 2026 recipient was The Textile Museum ($45K). Together the top 2 received $60K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 9 grants of 11 (82%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 2 itemized grants.
Cities
How The Markarian Foundation gives
- Giving held roughly steady from 2023 to 2026 (+0%). Method
- In 2026 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2020 to 2026, annual grant giving ranged from $55K (2025) to $85K (2021). In 2026 it made 2 grants totaling $60K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Textile Museum Washington, DC | The Textile Museum was given a donation to further public knowledge and appreciation of textiles and textile art. | $45,000 |
| Cincinnati Art Museum Cincinnati, OH | The Cincinnati Art Museum was given donations for a textile curator project and pledge commitment. | $15,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,095,046 | $385,151 | $211,706 | $60,000 | 2 | $174,397 | $344,396 | $181,689 |
| 2025 | $3,643,360 | $199,221 | $215,865 | $55,000 | 2 | $169,123 | $153,068 | $170,656 |
| 2024 | $3,356,687 | $6,886 | $221,970 | $80,000 | 3 | $193,556 | $26,604 | $146,950 |
| 2023 | $3,008,099 | $-51,390 | $171,304 | $60,000 | 2 | $141,500 | $33,650 | $145,551 |
| 2022 | $3,299,256 | $38,927 | $187,295 | $65,000 | 2 | $155,020 | $16,752 | $167,987 |
| 2021 | $3,349,285 | $110,704 | $204,572 | $85,000 | 3 | — | $81,055 | $149,777 |
| 2020 | $3,178,071 | $370,491 | $166,978 | $72,500 | 2 | — | $342,698 | $146,892 |
Under IRS private-foundation payout rules, The Markarian Foundation reported a distributable amount of $182K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Markarian Foundation's 2026 filing lists 3 officers; all 3 officers listed in 2026 are compensated.
Officers on the 2026 filing
Gregory Markarian
Trustee
On filings since 2020
1 hr/week
$15K (2020) → $30K (2026)
Michael Van Gelder
Trustee
On filings since 2020
1 hr/week
$15K (2020) → $30K (2026)
William Glasgow
Trustee
On filings since 2020
5 hrs/week
$20K (2020) → $35K (2026)
Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $35K, to William Glasgow (Trustee). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Markarian Foundation
How much does The Markarian Foundation give each year?
The Markarian Foundation gave $60K across 2 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $55K across 2 grants.
How large is The Markarian Foundation?
The Markarian Foundation reported $4.1M in total assets on its 2026 IRS Form 990-PF. It paid out $174K in qualifying distributions that year, against a required minimum of $182K (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.
Where does The Markarian Foundation operate?
The Markarian Foundation has awarded grants in California, District of Columbia, Ohio.
What is The Markarian Foundation's EIN?
The Markarian Foundation's EIN (Employer Identification Number) is 31-1113243. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 12, 2026)
- IRS filings on file for fiscal years 2020–2025
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