The Markarian Foundation

Foundation · Grantmaker Las Cruces, NM EIN: 31-1113243

The Markarian Foundation is a private foundation, based in Las Cruces, NM. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.6M in total assets. In 2025, it awarded 2 grants totaling $55K. Net investment income was $153K.

Key facts about The Markarian Foundation

EIN: 31-1113243
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $55,000
Grants made (2025): 2
Average grant: $27,500
Median grant: $27,500
Total assets: $3,643,360
Primary geography: District of Columbia (73% of itemized 2025 grant dollars)

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

How The Markarian Foundation gives

Giving held roughly steady from 2022 to 2025 (−15%). Method
In 2025 it paid out 99% 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.

Next steps with The Markarian Foundation

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.6M

+8.5% YoY

Annual Giving

$55K

-31.3% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$28K

+3.1% YoY

Under IRS private-foundation payout rules, The Markarian Foundation reported a distributable amount of $171K for 2025 — the minimum it must pay out in qualifying distributions.

About The Markarian Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

District of Columbia $40K (73%)

Ohio $15K (27%)

Share of all 2 itemized 2025 grant dollars.

States

California District of Columbia Ohio

Cities

CincinnatiWashingtonGlendale

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$3,643,360	$3,356,687	$3,008,099
Revenue	$199,221	$6,886	$-51,390
Expenses	$215,865	$221,970	$171,304
Qualifying Distributions	$169,123	$193,556	$141,500
Net Investment Income	$153,068	$26,604	$33,650
Distributable Amount	$170,656	$146,950	$145,551

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2025

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include The Textile Museum ($40,000), Cincinnati Art Museum ($15,000).

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.	$40,000
CINCINNATI ART MUSEUM Cincinnati, OH	The Cincinnati Art Museum was given donations for a textile curator project and pledge commitment.	$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Name	Title	Hours	Compensation
William Glasgow	Trustee	5	$35,000
Gregory Markarian	Trustee	1	$30,000
Michael Van Gelder	Trustee	1	$30,000

Frequently Asked Questions

How large is The Markarian Foundation?

As of 2025, The Markarian Foundation holds $3.6M in total assets with $199K in annual revenue. It awarded 2 grants totaling $55K in 2025.

Where does The Markarian Foundation operate?

The Markarian Foundation has awarded grants in California, District of Columbia, Ohio.

What size grants does The Markarian Foundation award?

In 2025, The Markarian Foundation awarded 2 grants totaling $55K — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is The Markarian Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Markarian Foundation reported a distributable amount of $171K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.