Nonprofit · EIN 06-1601029
MARKS FAMILY FOUNDATION
Tax-exempt · STONINGTON, CT 06378
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $65,938 | $122,392 | -$56,454 | $2,488,152 | $0 | $2,488,152 |
| December 31, 2023 | 990-PF | $50,601 | $87,005 | -$36,404 | $2,312,270 | $0 | $2,312,270 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $30,286
- Interest
- $35,557
- Net gain from sales of assets
- $95
Expenses
- Grants and similar amounts paid
- $120,000
- Disbursements for charitable purposes
- $121,800
- Excise tax on investment income
- $464
Balance sheet and other
- Total assets, start of year
- $2,312,270
- Total assets, end of year
- $2,488,152
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,488,152
- Fair market value of assets
- $2,488,152
- Qualifying distributions
- $121,800
- Net investment income
- $33,412
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NEAL BOBRUFF PO BOX 226, STONINGTON, CT 06378 | TRUSTEE | 0 | $0 |
| MARK BOBRUFF PO BOX 226, STONINGTON, CT 06378 | TRUSTEE | 0 | $0 |
| ELLEN REESE PO BOX 226, STONINGTON, CT 06378 | TRUSTEE | 0 | $0 |
| PAUL BOBRUFF PO BOX 226, STONINGTON, CT 06378 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NEAL BOBRUFF PO BOX 226, STONINGTON, CT 06378 | TRUSTEE | 1 | $0 |
| MARK BOBRUFF PO BOX 226, STONINGTON, CT 06378 | TRUSTEE | 0 | $0 |
| ELLEN REESE PO BOX 226, STONINGTON, CT 06378 | TRUSTEE | 0 | $0 |
| PAUL BOBRUFF PO BOX 226, STONINGTON, CT 06378 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 226, STONINGTON, CT 06378-0226
- In care of
- % CAROLE MARKS BOBRUFF
- Signed the 990-PF
- NEAL BOBRUFF, TRUSTEE
- Phone
- (860) 961-7281
- Return prepared by
- MYSTIC ACCOUNTING GROUP 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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 06-1601029
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $2,488,152
- Income (IRS master file)
- $175,967
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $65,938 | $122,392 | $2,488,152 | XML |
| 990-PF | December 2023 | $50,601 | $87,005 | $2,312,270 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 06-1601029).
Questions about MARKS FAMILY FOUNDATION
- What is the EIN of MARKS FAMILY FOUNDATION?
- The employer identification number (EIN) of MARKS FAMILY FOUNDATION is 06-1601029.
- Is MARKS FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to MARKS FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARKS FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARKS FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARKS FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MARKS FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does MARKS FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $65,938, expenses of $122,392 and total assets of $2,488,152 at year end.
Other nonprofits in STONINGTON
- JAMES P VERHALEN FAMILY FOUNDATION INC EIN 22-3694939 · last filed 990-PF for 2024
- THE MAURICE C LA GRUA CENTER INC EIN 26-0301258 · last filed 990 for 2025
- CRANE CHARITABLE TRUST EIN 46-2152289 · last filed 990-PF for 2025
- THE@MICHAEL M WISEMAN AND HELEN A GARTEN CHARITABLE FOUNDATION EIN 13-4149893 · last filed 990-PF for 2025
- CASTLE FAMILY FOUNDATION EIN 06-1471782 · last filed 990-PF for 2025
- ROBERT G YOUNGS FAMILY FOUNDATION INC EIN 45-4866710 · last filed 990-PF for 2025
- STONINGTON CEMETERY ASSOCIATION FOUNDATION EIN 33-3091108 · last filed 990-N for 2025
- COAST GUARD FOUNDATION INC EIN 04-2899862 · last filed 990 for 2025
All nonprofits in STONINGTON · Connecticut · Philanthropy, voluntarism and grantmaking foundations