The Markarian Foundation

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.

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 $230K (67%)

Ohio $60K (17%)

California $55K (16%)

States

California District of Columbia Ohio

Cities

CincinnatiGlendaleWashington

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

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 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

From 2025 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.