2024-05-02T11:41:42-05:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 874537247 Joe & Allison Markell Foundation % Foundation Source JOE& 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 ALLISON MARKELL PRESIDENT 8008391754 2024-04-17 true ALLISON MARKELL 999009999 true Jeffrey D Haskell P01345770 8008391754 2023 2023-04-26 12:10:37Z X 89891 X 0 X 72 72 1838 1838 8401 81668 8401 10311 10311 0 1059 1059 3981 3958 19918 19918 24958 5017 19918 46500 46500 71458 5017 66418 -61147 5294 3248 14838 14838 148424 75687 75053 151672 90525 89891 0 0 X 151672 90525 151672 90525 151672 90525 151672 -61147 90525 90525 Publicly-traded Securities 81668 73267 8401 8401 8401 74 74 74 0 0 74 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Allison Markell Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres 1.0 0 0 0 Joseph C Markell Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Sec, Treas 1.0 0 0 0 103437 11136 0 114573 0 114573 1719 112854 5643 5643 74 74 5569 5569 5569 66418 0 0 0 0 66418 5569 2021 2020 2019 94607 94607 66418 5569 60849 155456 0 155456 94607 60849 Allison Markell Joseph C Markell X CORNERSTONE CHAPEL 650 BATTLEFIELD PKWY SE LEESBURG VA 20175 N/A PC U.S. Outreach Ministry for community outreach and the Interwoven and Safe Haven Ministries 30000 MOBILE HOPE ASSOCIATION 302 PARKER CT SE LEESBURG VA 20175 N/A PC General & Unrestricted 5000 NATIONAL ALOPECIA AREATA FOUNDATION 65 MITCHELL BLVD STE 200B SAN RAFAEL CA 94903 N/A PC Charitable Event 1000 OHIO WESLEYAN UNIVERSITY 61 S SANDUSKY ST DELAWARE OH 43015 N/A PC Team OWU-Field Hockey 8000 THE THOMAS JEFFERSON INSTITUTE FOR PUBLIC POLICY 35363 WILLIAMS GAP RD ROUND HILL VA 20141 N/A PC General & Unrestricted 2500 46500 14 72 14 1838 18 8401 10311 10311 false false false false false false false false false false ADOBE SYSTEMS, INC 11966 17897 AMAZON COM 12337 15194 MEDICAL PROPERTIES TRUST, INC 13006 3437 SCOTTS CO. CLASS A 11399 7013 SOFI TECHNOLOGIES ORD SHS 8708 13930 T. ROWE PRICE BALANCED FUND 7651 7926 UNITED STATES COPPER INDEX FUN 10620 9656 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, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $46,500. This amount represents 25% or more of the Foundation's net assets of $130,014 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. 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 XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 13342 13342 Administrative Set-Up Fee 5400 5400 Delaware Incorporation Fees 500 500 IRS Application Fees 600 600 Postage/Delivery Service 51 51 State or Local Filing Fees 25 25 Investment Management Services 1059 1059 990-PF Excise Tax for 2022 23 Foreign Tax Paid 3958 3958