The Markwalter Family Foundation Inc

EIN 200858719

Lake Success, NY 11042 |(404) 233-1428

Total Given 2016–2016
$110K
7 grants · $110K avg/year
based on 1 yr of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$20K
typical small grants · $8K–$22K
grant size
0%
transactional · single-year
repeat
$43K
Assets (2016)
5
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets.The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions:During the taxable year ending December 31, 2016, the Foundation made distributions from assets from sources other than current income.Collectively, the distributions in excess of current income totaled $110,000. This amount represents over 25% of the Foundation's net assets of $39,689 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2016. Although the Foundation technically experienced a "substantial contraction", it will continue in existence and has no plans for dissolution.The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Youth Development

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (404) 233-1428

Grant Size Distribution

Based on 7 grants on record

Minimum
$5K
25th Pctl
$8K
Median
$20K
Average
$16K
75th Pctl
$22K
Maximum
$25K

Geographic Distribution

Officers & Directors

Grants Awarded (7 total)

Purpose
University of Notre Dame Du Lac Notre Dame, IN $25,000 Markwalter family Endowment for Excellence Fund 2016
University of Notre Dame Du Lac Notre Dame, IN $25,000 President's Circle Fund 2016
Marist School Atlanta, GA $20,000 Capital Campaign 2016
Pace Academy Inc Atlanta, GA $20,000 Capital Campaign 2016
Marist School Atlanta, GA $10,000 Annual Fund 2016
Big Brothers Big Sisters of Metro Atlanta Inc Atlanta, GA $5,000 Capital Campaign 2016
Harvard Business School Boston, MA $5,000 30th Reunion Pledge Campaign 2016