Nonprofit · EIN 04-2607232
NANCY LURIE MARKS FAMILY FOUNDATION
Tax-exempt · WELLESLEY, MA 02481
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990-PF | $13,704,848 | $13,754,228 | -$49,380 | $119,930,132 | $0 | $119,930,132 |
| October 31, 2024 | 990-PF | $9,972,092 | $9,302,278 | $669,814 | $120,575,235 | $0 | $120,575,235 |
| October 31, 2023 | 990-PF | $2,518,269 | $7,334,399 | -$4,816,130 | $119,423,809 | $0 | $119,423,809 |
| October 31, 2021 | 990-PF | $10,398,076 | $8,867,687 | $1,530,389 | $124,313,599 | $0 | $124,313,599 |
Financial details: 990-PF for the year ended October 31, 2025
Revenue
- Dividends
- $1,353,155
- Interest
- $1,210,525
- Net gain from sales of assets
- $5,804,454
- Other income
- $5,336,714
Expenses
- Grants and similar amounts paid
- $9,718,963
- Compensation of officers, directors and key employees
- $737,423
- Salaries, compensation and benefits (total)
- $411,633
- Disbursements for charitable purposes
- $11,854,482
- Excise tax on investment income
- $165,718
Balance sheet and other
- Total assets, start of year
- $120,575,235
- Total assets, end of year
- $119,930,132
- Total liabilities, end of year
- $0
- Net assets, end of year
- $119,930,132
- Fair market value of assets
- $166,155,994
- Qualifying distributions
- $11,899,728
- Net investment income
- $13,659,514
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CLARENCE SCHUTT C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | DIRECTOR | 40 | $436,475 | $21,239 |
| HARVEY E CUSHING C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 20 | $154,500 | $0 |
| RICHARD B DENNING C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | TRUSTEE | 20 | $146,448 | $6,794 |
| JUDITH CHAN C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | DIRECTOR OF COMMUNIC Highest-paid employee | 40 | $140,033 | $62,512 |
| ELIZABETH ZWICK C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | DIRECTOR OF COMMUNIT Highest-paid employee | 40 | $138,367 | $48,095 |
| ELEONORA SILAYEVA C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | EXECUTIVE ASSOCIATE Highest-paid employee | 40 | $133,233 | $28,254 |
| CATHY J LURIE C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
| JEFFREY R LURIE C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
| MICHELLE M PORTER C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
| NANCY L MARKS C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
990-PF for the year ended October 31, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CLARENCE SCHUTT C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | DIRECTOR | 40 | $430,700 | $20,697 |
| RICHARD B DENNING C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | TRUSTEE | 20 | $169,133 | $5,849 |
| HARVEY E CUSHING C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 20 | $154,500 | $0 |
| JUDITH CHAN C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | DIRECTOR OF COMMUNIC Highest-paid employee | 40 | $133,500 | $54,530 |
| ELIZABETH ZWICK C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | DIRECTOR OF COMMUNIT Highest-paid employee | 40 | $133,500 | $25,124 |
| ELEONORA SILAYEVA C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | EXECUTIVE ASSOCIATE Highest-paid employee | 40 | $128,633 | $31,227 |
| CATHY J LURIE C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
| JEFFREY R LURIE C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
| MICHELLE M PORTER C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
| NANCY L MARKS C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
990-PF for the year ended October 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CLARENCE SCHUTT C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | DIRECTOR | 40 | $430,700 | $20,697 |
| RICHARD B DENNING C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | TRUSTEE | 20 | $167,200 | $5,849 |
| HARVEY E CUSHING C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 20 | $154,500 | $0 |
| JUDITH CHAN C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | DIRECTOR OF COMMUNIC Highest-paid employee | 40 | $128,667 | $54,530 |
| ELIZABETH ZWICK C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | DIRECTOR OF COMMUNIT Highest-paid employee | 40 | $128,667 | $45,227 |
| ELEONORA SILAYEVA C/O NLM FOUNDATION 60 WILLIAM ST, WELLESLEY, MA 02481 | EXECUTIVE ASSOCIATE Highest-paid employee | 40 | $124,100 | $25,124 |
| CATHY J LURIE C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
| JEFFREY R LURIE C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
| MARK D BALK C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
| NANCY L MARKS C/O GOULSTON STORRS ONE POST OFFICE, SQUARE, BOSTON, MA 02109 | TRUSTEE | 1 | $0 | $0 |
990-PF for the year ended October 31, 2021: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CLARENCE SCHUTT C/O NLM FOUNDATION 60 WILLIAMS ST, WELLESLEY, MA 02481 | DIRECTOR | 40 | $430,700 | $34,074 |
| RICHARD B DENNING C/O NLM FOUNDATION 60 WILLIAMS ST, WELLESLEY, MA 02481 | TRUSTEE | 20 | $167,200 | $20,678 |
| HARVEY E CUSHING C/O GOULSTON STORRS 400 ATLANTIC, AVE, BOSTON, MA 02110 | TRUSTEE | 20 | $154,500 | $0 |
| JUDITH CHAN C/O NLM FOUNDATION 60 WILLIAMS ST, WELLESLEY, MA 02481 | DIRECTOR OF COMMUNIC Highest-paid employee | 40 | $117,833 | $48,731 |
| ELIZABETH ZWICK C/O NLM FOUNDATION 60 WILLIAMS ST, WELLESLEY, MA 02481 | DIRECTOR OF COMMUNIT Highest-paid employee | 40 | $117,833 | $27,906 |
| ELEONORA SILAYEVA C/O NLM FOUNDATION 60 WILLIAMS ST, WELLESLEY, MA 02481 | EXECUTIVE ASSOCIATE Highest-paid employee | 40 | $114,053 | $22,670 |
| CATHY J LURIE C/O GOULSTON STORRS 400 ATLANTIC, AVE, BOSTON, MA 02110 | TRUSTEE | 1 | $0 | $0 |
| JEFFREY R LURIE C/O GOULSTON STORRS 400 ATLANTIC, AVE, BOSTON, MA 02110 | TRUSTEE | 1 | $0 | $0 |
| MARK D BALK C/O GOULSTON STORRS 400 ATLANTIC, AVENUE, BOSTON, MA 02110 | TRUSTEE | 1 | $0 | $0 |
| NANCY L MARKS C/O GOULSTON STORRS 400 ATLANTIC, AVE, BOSTON, MA 02110 | TRUSTEE | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 60 WILLIAM ST STE 110, WELLESLEY, MA 02481-3810
- In care of
- % ELLA SILAYEVA
- Signed the 990-PF
- RICHARD B DENNING, TRUSTEE
- Phone
- (617) 482-1776
- Website
- WWW.NLMFOUNDATION.ORG
- Return prepared by
- DELOITTE TAX LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990-PF on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990-PF on file |
IRS record
- EIN
- 04-2607232
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1977
- Accounting year ends
- October
- Files
- Form 990-PF
- Assets (IRS master file)
- $119,930,132
- Income (IRS master file)
- $14,771,339
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | October 2025 | $13,704,848 | $13,754,228 | $119,930,132 | XML |
| 990-T | October 2025 | – | – | – | IRS |
| 990-PF | October 2024 | $9,972,092 | $9,302,278 | $120,575,235 | XML |
| 990-T | October 2024 | – | – | – | IRS |
| 990-PF | October 2023 | $2,518,269 | $7,334,399 | $119,423,809 | XML |
| 990-T | October 2023 | – | – | – | IRS |
| 990-PF | October 2022 | – | – | – | IRS |
| 990-T | October 2022 | – | – | – | IRS |
| 990-PF | October 2021 | $10,398,076 | $8,867,687 | $124,313,599 | XML |
| 990-T | October 2021 | – | – | – | IRS |
| 990-PF | October 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2607232).
Questions about NANCY LURIE MARKS FAMILY FOUNDATION
- What is the EIN of NANCY LURIE MARKS FAMILY FOUNDATION?
- The employer identification number (EIN) of NANCY LURIE MARKS FAMILY FOUNDATION is 04-2607232.
- Is NANCY LURIE MARKS FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to NANCY LURIE MARKS FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does NANCY LURIE MARKS FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of NANCY LURIE MARKS FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NANCY LURIE MARKS FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended October 2025.
- Who are the officers and directors of NANCY LURIE MARKS FAMILY FOUNDATION?
- The 990-PF for the year ended October 31, 2025 lists 10 people; 6 received compensation from the organization, the highest $436,475 (CLARENCE SCHUTT, DIRECTOR).
- How much revenue does NANCY LURIE MARKS FAMILY FOUNDATION have?
- On its 990-PF for the year ended October 31, 2025 it reported revenue of $13,704,848, expenses of $13,754,228 and total assets of $119,930,132 at year end.
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