The Matthew Marks Charitable Trust

NEW YORK, NY EIN: 27-6976692

The Matthew Marks Charitable Trust is a private grantmaking foundation based in New York, NY. Designated as a 501(c)(3) organization, it has been tax-exempt since July 2014. The trust operates as a private foundation focused on philanthropic grantmaking across multiple states and subject areas.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+0.8% YoY

Annual Giving

$244K

-27.7% YoY

Grant Count

33

-25.0% YoY

Avg Grant Size

$7K

-3.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The trust maintains assets of approximately $2.8 million and distributes grants annually. Recent financial data shows:

Grant Range

approximately $9,100–$32,000

Average Grant

approximately $9,100–$32,000

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Geographic Focus

Where this funder awards grants

The Matthew Marks Charitable Trust funds projects across multiple U.S. states and cities, including:

  • Primary states: New York, California, Vermont
  • Additional states: Colorado, Texas, Virginia, Florida, Pennsylvania, New Jersey, Connecticut, Delaware, Massachusetts
  • Cities funded: New York, Los Angeles, Miami, Cold Spring, and Carmel Hamlet, among others

Grant Distribution by State

13states
+5 more states

Cities

ArlingtonAspenBenningtonBrooklynCambridgeCarmel HamletCold SpringGarrisonHoustonLos AngelesMiamiMontgomeryNew YorkOaklandPhiladelphiaPoughkeepsieSaratoga SpringsStamfordWashington

Financial History

Multi-year comparison from IRS filings

Most recent financial snapshot (2023):

  • Total assets: $2,843,230–$2,865,810
  • Total expenses: $356,368
  • Total revenue: $194,290
  • Total liabilities: $0

The foundation's financial position has remained relatively stable, with assets growing modestly year over year.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$341K$683K$1M$1M20202021202220232024
Metric202420232022
Total Assets$2,865,810$2,843,230$3,058,423
Revenue$306,507$194,290$1,241,645
Expenses$246,897$356,368$381,223
Qualifying Distributions$246,897$337,368$380,223
Net Investment Income$303,235$69,124$1,241,322
Distributable Amount$306,501$255,988$252,595

Giving Over Time

Total grant dollars and number of grants per year

$0$94K$187K$281K$375K41 grants202040 grants202141 grants202244 grants202333 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MUSEUM OF MODERN ART$95KPLANNED PARENTHOOD$15KBENNINGTON COLLEGE$10KFOUNDATION FOR CONTEMPOR…$10KHUDSON HIGHLANDS LAND TR…$10KHUMAN RIGHTS CAMPAIGN FO…$10KSCENIC HUDSON INC$10KTHE NATIONAL LGBTQ TASK …$10KTRUSTEES OF COLUMBIA UNI…$10KOPEN SPACE INSTITUTE$10K

Grant Size Distribution

199 grants across all recorded years

192<$50K5$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is governed by three trustees, all of whom serve without compensation:

  • Matthew Marks – Trustee
  • Jack Bankowsky – Trustee
  • Richard Bankowsky – Trustee

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MATTHEW MARKSTRUSTEE
JACK BANKOWSKYTRUSTEE
RICHARD BANKOWSKYTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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