Nonprofit · EIN 23-7253928
JAY & SHIRLEY MARKS FOUNDATION
Tax-exempt · HOUSTON, TX 77024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2025 | 990-PF | $224,708 | $46,569 | $178,139 | $524,231 | $161 | $524,070 |
| November 30, 2024 | 990-PF | $37,708 | $44,540 | -$6,832 | $346,092 | $154 | $345,938 |
Financial details: 990-PF for the year ended November 30, 2025
Revenue
- Dividends
- $7,106
- Interest
- $3,229
- Net gain from sales of assets
- $213,098
- Other income
- $1,275
Expenses
- Grants and similar amounts paid
- $41,500
- Disbursements for charitable purposes
- $41,500
- Excise tax on investment income
- $161
Balance sheet and other
- Total assets, start of year
- $346,092
- Total assets, end of year
- $524,231
- Total liabilities, end of year
- $161
- Net assets, end of year
- $524,070
- Fair market value of assets
- $648,828
- Qualifying distributions
- $41,500
- Net investment income
- $11,610
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 November 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESTER A MARKS 2808 RICE BLVD, HOUSTON, TX 77005 | DIRECTOR | 4 | $0 |
| FRANCIS MARKS LOWE 11946 SOUTH DURRETTE, HOUSTON, TX 77024 | DIRECTOR | 4 | $0 |
990-PF for the year ended November 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LESTER A MARKS 2808 RICE BLVD, HOUSTON, TX 77005 | DIRECTOR | 4 | $0 |
| FRANCIS MARKS LOWE 11946 SOUTH DURRETTE, HOUSTON, TX 77024 | DIRECTOR | 4 | $0 |
| ROBIN CLARSON 11946 SOUTH DURRETTE, HOUSTON, TX 77024 | DIRECTOR | 4 | $0 |
| ALAN LOWE 11946 SOUTH DURRETTE, HOUSTON, TX 77024 | DIRECTOR | 4 | $0 |
| JOSHUA MARKS 2808 RICE BLVD, HOUSTON, TX 77005 | DIRECTOR | 4 | $0 |
| ASHER MARKS 2808 RICE BLVD, HOUSTON, TX 77005 | DIRECTOR | 4 | $0 |
| ALANA MARKS 2808 RICE BLVD, HOUSTON, TX 77005 | DIRECTOR | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 11946 S DURRETTE DR, HOUSTON, TX 77024-7102
- Signed the 990-PF
- FRANCIS MARKS LOWE, DIRECTOR
- Phone
- (713) 703-1196
- Return prepared by
- SVADLENAK SEE & CO PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | 990-PF on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-PF on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-PF on file |
IRS record
- EIN
- 23-7253928
- 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
- 1973
- Accounting year ends
- November
- Files
- Form 990-PF
- Assets (IRS master file)
- $524,231
- Income (IRS master file)
- $497,135
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2025 | – | – | – | IRS |
| 990-PF | November 2024 | – | – | – | IRS |
| 990-PF | November 2023 | $11,663 | $46,755 | $353,031 | IRS |
| 990-PF | November 2022 | – | – | – | IRS |
| 990-PF | November 2021 | – | – | – | IRS |
| 990-PF | November 2020 | – | – | – | IRS |
| 990-PF | November 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about JAY & SHIRLEY MARKS FOUNDATION
- What is the EIN of JAY & SHIRLEY MARKS FOUNDATION?
- The employer identification number (EIN) of JAY & SHIRLEY MARKS FOUNDATION is 23-7253928.
- Is JAY & SHIRLEY MARKS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to JAY & SHIRLEY MARKS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JAY & SHIRLEY MARKS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JAY & SHIRLEY MARKS FOUNDATION due?
- The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JAY & SHIRLEY MARKS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended November 2025.
- Who are the officers and directors of JAY & SHIRLEY MARKS FOUNDATION?
- The 990-PF for the year ended November 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does JAY & SHIRLEY MARKS FOUNDATION have?
- On its 990-PF for the year ended November 30, 2025 it reported revenue of $224,708, expenses of $46,569 and total assets of $524,231 at year end.
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