The Shari & Jacob Markovitz Family

TEANECK, NJ EIN: 88-3070839

The Shari & Jacob Markovitz Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEANECK, NJ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $142K in total assets. In 2024, it awarded 10 grants totaling $19K. Net investment income was $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$142K

-1.4% YoY

Annual Giving

$19K

-17.5% YoY

Grant Count

+11.1% YoY

Avg Grant Size

$2K

-25.7% YoY

Under IRS private-foundation payout rules, The Shari & Jacob Markovitz Family reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About The Shari & Jacob Markovitz Family

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $28K (56%)

New York $22K (44%)

States

New Jersey New York

Cities

BrooklynEnglewoodInwoodNew YorkParamus

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$142,281	$144,286	$148,626
Revenue	$10,264	$9,909	$155,992
Expenses	$19,856	$23,902	$7,196
Qualifying Distributions	$19,107	$23,149	$7,000
Net Investment Income	$10,264	$9,909	$992
Distributable Amount	$6,968	$6,979	$2,260

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

22 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Frisch School ($7,500), Union of Orthodox Jewish Congregations of America (ou) ($5,000), Congregation Bnai ($2,375).

Recipient	Purpose	Amount
CHABD HOUSE BAKERY NEW YORK, NY	TO PROVIDE EDUCATIONAL AND OUTREACH ACTIVITIES FOR THE ENTIRE JEWISH COMMUNITY.	$678
CONGREGATION BNAI NEW YORK, NY	TO OFFER ENRICHMENT PROGRAM TO HELP STUDENTS	$2,375
THE FRISCH SCHOOL PARAMUS, NJ	TO PROVIDE YOUNG MEN AND WOMEN WITH AN EXEMPLARY EDUCATION IN BOTH JUDAIC AND GENERAL STUDIES.	$7,500
YAVNEH ACADEMY PARAMUS, NJ	TO MOTIVATE STUDENTS TO BECOME CONFIDENT INTELLECTUALLY CURIOUS AND INDEPENDENT THINKERS.	$1,000
YESHIVAT SHAALVIM INWOOD, NY	TO PROVIDE HIGH LEVEL QUALITY TOARAH EDUCTAION TO HUNDEREDS OF STUDENTS	$1,000
FRIENDS OF THE IDF NEW YORK, NY	TO HELP FRIENDS OF THE ISRAEL DEFENSE FORCES.	$118
PROJECT EZRAH ENGLEWOOD, NJ	TO CONTRIBUTE TOWARDS THE PROJECT EZRAH MAOT CHITTIM CAMPAIGN	$500
UNION OF ORTHODOX JEWISH CONGREGATIONS OF AMERICA (OU) NEW YORK, NY	TO HELP UNION OF ORTHODOX JEWISH CONGREGATIONS OF AMERICA.	$5,000
EAST HILL SYNAGOGUE ENGLEWOOD, NJ	TO HELP TO ENHANCE SHUL.	$180
CAMP HASC BROOKLYN, NY	TO MEET THE SPECIALIZED NEEDS OF CAMPERS AND THEIR FAMILIES WITH LOVE DEDICATION AND PROFESSIONALISM.	$756

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JACOB MARKOVITZ	CHAIRMAN AND TREASURER	1	—
SHARI MARKOVITZ	PRESIDENT	1	—
ISSAC MARKOVITZ	SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Shari & Jacob Markovitz Family?

The Shari & Jacob Markovitz Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEANECK, NJ. It holds $142K in total assets as of 2024.

How large is The Shari & Jacob Markovitz Family?

As of 2024, The Shari & Jacob Markovitz Family holds $142K in total assets with $10K in annual revenue. It awarded 10 grants totaling $19K in 2024.

Where does The Shari & Jacob Markovitz Family operate?

The Shari & Jacob Markovitz Family has awarded grants in New Jersey, New York.

What size grants does The Shari & Jacob Markovitz Family award?

In 2024, The Shari & Jacob Markovitz Family awarded 10 grants totaling $19K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Shari & Jacob Markovitz Family required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Shari & Jacob Markovitz Family reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Shari & Jacob Markovitz Family's EIN?

The Shari & Jacob Markovitz Family's EIN (Employer Identification Number) is 88-3070839. IRS Form 990 filing data is available on this page for 2022–2024.