The Shari & Jacob Markovitz Family
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
10
+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
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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