The Markkula Foundation
The Markkula Foundation is a private foundation established in 1991 and based in Woodside, California. It operates as a 501(c)(3) tax-exempt organization and functions as a family foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.9M
-6.7% YoY
Annual Giving
$704K
+185.7% YoY
Grant Count
36
+260.0% YoY
Avg Grant Size
$20K
-20.7% YoY
Under IRS private-foundation payout rules, The Markkula Foundation reported a distributable amount of $488K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities focus primarily on:
- Education
- Human Services
- Philanthropy, Voluntarism & Grantmaking
Grantmaking
Grant Range
s:** Typical awards range from $25,000 to $75,000.
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Geographic Focus
Where this funder awards grants
The foundation primarily directs its grantmaking toward California, Virginia, and Indiana.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $7,445,803
- Total Giving: $246,500
- Revenue: $323,125
- Expenses: $288,000
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,949,326 | $7,445,803 | $7,269,091 |
| Revenue | $132,197 | $323,125 | $762,642 |
| Expenses | $742,725 | $287,916 | $542,117 |
| Qualifying Distributions | $711,160 | $252,831 | $501,778 |
| Net Investment Income | $149,096 | $300,629 | $726,303 |
| Distributable Amount | $488,445 | $451,351 | $502,526 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
116 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cristo Rey San Jose Jesuit High School ($250,000), San Francisco 49er Foundation ($58,500), Judicial Watch ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CityTeam Ministries San Jose, CA | unrestricted | $1,000 |
| Computer History Museum Mountain View, CA | unrestricted | $5,000 |
| CRISTO REY SAN JOSE JESUIT HIGH SCHOOL San Jose, CA | unrestricted | $250,000 |
| Hoover Institution Stanford, CA | unrestricted | $10,000 |
| Leadership Institute Arlington, VA | unrestricted | $20,000 |
| San Francisco 49er Foundation Santa Clara, CA | unrestricted | $58,500 |
| Santa Clara University Santa Clara, CA | unrestricted | $43,500 |
| Second Harvest Food Bank San Jose, CA | unrestricted | $1,000 |
| Alaska Raptor Center Sitka, AK | unrestricted | $6,000 |
| Americans for Prosperity Foundation Arlington, VA | unrestricted | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| A C MARKKULA JR | DIR, PRES, CEO | 1 | — |
| LINDA MARKKULA | DIR, VP, SEC | 1 | — |
Contact Information
Address:
C/O ACM Investments
P.O. Box 620170
Woodside, CA 94062
Telephone: 650-851-4425
EIN: 77-0272230
Frequently Asked Questions
What does The Markkula Foundation fund?
The foundation's giving priorities focus primarily on: • Education • Human Services • Philanthropy, Voluntarism & Grantmaking
How do I apply for a grant from The Markkula Foundation?
**Grant Sizes:** Typical awards range from $25,000 to $75,000. **Recent Activity:** Based on the most recent IRS Form 990 filing (2023), the foundation distributed $246,500 in total giving.
Where does The Markkula Foundation make grants?
The foundation primarily directs its grantmaking toward California, Virginia, and Indiana.
What size grants does The Markkula Foundation award?
In 2024, The Markkula Foundation awarded 36 grants totaling $704K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Markkula Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Markkula Foundation reported a distributable amount of $488K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Markkula Foundation's EIN?
The Markkula Foundation's EIN (Employer Identification Number) is 77-0272230. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Markkula Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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