The Matthew Marks Charitable Trust
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
Under IRS private-foundation payout rules, The Matthew Marks Charitable Trust reported a distributable amount of $307K for 2024 — the minimum it must pay out in qualifying distributions.
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
199 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Museum of Modern Art ($95,000), Planned Parenthood ($15,000), Bennington College ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACLU NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $5,000 |
| ARTISTS SPACE NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $5,000 |
| BENNINGTON COLLEGE BENNINGTON, VT | GENERAL CHARITABLE PURPOSE | $10,000 |
| BOSCOBEL GARRISON, NY | GENERAL CHARITABLE PURPOSE | $500 |
| FOUNDATION FOR CONTEMPORARY ARTS NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $10,000 |
| GARRISON'S LANDING ASSOCIATION INC GARRISON, NY | GENERAL CHARITABLE PURPOSE | $2,500 |
| GVSHP NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $1,000 |
| HETRICK MARTIN INSTITUTE NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $2,500 |
| HUDSON HIGHLANDS LAND TRUST GARRISON, NY | GENERAL CHARITABLE PURPOSE | $10,000 |
| HUMAN RIGHTS CAMPAIGN FOUNDATION NEW YORK, NY | GENERAL CHARITABLE PURPOSE | $10,000 |
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW MARKS | TRUSTEE | — | — |
| JACK BANKOWSKY | TRUSTEE | — | — |
| RICHARD BANKOWSKY | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from The Matthew Marks Charitable Trust?
The trust maintains assets of approximately $2.8 million and distributes grants annually. Recent financial data shows: • **Total assets (2023):** $2.84 million • **Annual expenses (2023):** $356,000 • **Annual revenue (2023):** $194,000 • **Total giving:** Approximately $243,600–$374,900 annually (varies by reporting year) **Grant characteristics:** • Typical grant awards range from $150 to $100,000 • Average grant size: approximately $9,100–$32,000 • Median grant size: approximately $3,500 • T…
Where does The Matthew Marks Charitable Trust make 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
What size grants does The Matthew Marks Charitable Trust award?
In 2024, The Matthew Marks Charitable Trust awarded 33 grants totaling $244K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Matthew Marks Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Matthew Marks Charitable Trust reported a distributable amount of $307K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Matthew Marks Charitable Trust's EIN?
The Matthew Marks Charitable Trust's EIN (Employer Identification Number) is 27-6976692. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Matthew Marks Charitable Trust'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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