Nonprofit · EIN 61-1669789
MARAK FAMILY FOUNDATION
Tax-exempt · WILMINGTON, DE 19809
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,652,349 | $381,739 | $1,270,610 | $8,042,244 | $0 | $8,042,244 |
| December 31, 2024 | 990-PF | $1,665,935 | $310,522 | $1,355,413 | $6,771,634 | $0 | $6,771,634 |
| December 31, 2023 | 990-PF | $792,873 | $316,327 | $476,546 | $5,416,221 | $0 | $5,416,221 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,067,585
- Dividends
- $241,132
- Net gain from sales of assets
- $343,632
Expenses
- Grants and similar amounts paid
- $307,445
- Disbursements for charitable purposes
- $307,445
- Excise tax on investment income
- $7,096
Balance sheet and other
- Total assets, start of year
- $6,771,634
- Total assets, end of year
- $8,042,244
- Total liabilities, end of year
- $0
- Net assets, end of year
- $8,042,244
- Fair market value of assets
- $9,533,439
- Qualifying distributions
- $307,445
- Net investment income
- $584,764
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLARENCE E MARAK 2346 BEECH, PAMPA, TX 79065 | Director | 1 | $0 |
| BETTY L MARAK 2346 BEECH, PAMPA, TX 79065 | Director | 1 | $0 |
| KEN M MARAK 4015 FALCON LAKE, ARLINGTON, TX 76016 | President/Treas | 1 | $0 |
| JAN DAVIDSON 3900 BLAKE ASHTON DRIVE, ARLINGTON, TX 76001 | Director | 0.5 | $0 |
| KEVIN MARAK 2221 CARLISLE STREET, BEDFORD, TX 76021 | Director | 0.5 | $0 |
| KATIE LYTLE 2545 GRANITE HILL DRIVE, LEANDER, TX 78641 | Director | 0.5 | $0 |
| KONNER MARAK 2429 NW 35TH STREET, OKLAHOMA CITY, OK 73112 | Director | 0.5 | $0 |
| JAKE COWMAN 3900 BLAKE ASHTON DRIVE, ARLINGTON, TX 76001 | Director | 0.5 | $0 |
| BEN COWMAN 5590 SPINE ROAD APT 202, BOULDER, CO 80301 | Director | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLARENCE E MARAK 2346 BEECH, PAMPA, TX 79065 | Director | 1 | $0 |
| BETTY L MARAK 2346 BEECH, PAMPA, TX 79065 | Director | 1 | $0 |
| KEN M MARAK 4015 FALCON LAKE, ARLINGTON, TX 76016 | President/Treas | 1 | $0 |
| JAN DAVIDSON 3900 BLAKE ASHTON DRIVE, ARLINGTON, TX 76001 | Director | 0.5 | $0 |
| KEVIN MARAK 2221 CARLISLE STREET, BEDFORD, TX 76021 | Director | 0.5 | $0 |
| KATIE LYTLE 2545 GRANITE HILL DRIVE, LEANDER, TX 78641 | Director | 0.5 | $0 |
| KONNER MARAK 2429 NW 35TH STREET, OKLAHOMA CITY, OK 73112 | Director | 0.5 | $0 |
| JAKE COWMAN 3900 BLAKE ASHTON DRIVE, ARLINGTON, TX 76001 | Director | 0.5 | $0 |
| BEN COWMAN 5590 SPINE ROAD APT 202, BOULDER, CO 80301 | Director | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLARENCE E MARAK 2346 BEECH, PAMPA, TX 79065 | Director | 1 | $0 |
| BETTY L MARAK 2346 BEECH, PAMPA, TX 79065 | SEC/TREAS | 1 | $0 |
| KEN M MARAK 4015 FALCON LAKE, ARLINGTON, TX 76016 | President/Treas | 1 | $0 |
| JAN DAVIDSON 3900 BLAKE ASHTON DRIVE, ARLINGTON, TX 76001 | Director | 0.5 | $0 |
| KEVIN MARAK 2221 CARLISLE STREET, BEDFORD, TX 76021 | Director | 0.5 | $0 |
| KATIE LYTLE 2545 GRANITE HILL DRIVE, LEANDER, TX 78641 | Director | 0.5 | $0 |
| KONNER MARAK 2429 NW 35TH STREET, OKLAHOMA CITY, OK 73112 | Director | 0.5 | $0 |
| JAKE COWMAN 3900 BLAKE ASHTON DRIVE, ARLINGTON, TX 76001 | Director | 0.5 | $0 |
| BEN COWMAN 5590 SPINE ROAD APT 202, BOULDER, CO 80301 | Director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 501 SILVERSIDE RD STE 123, WILMINGTON, DE 19809-1377
- In care of
- % BANK OF AMERICA MERRILL LYNCH
- Signed the 990-PF
- KEN M MARAK, President/Treas
- Phone
- (800) 839-1754
- Return prepared by
- Hudgins Crosier Sumpter 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 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 | 990-PF 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
- 61-1669789
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $8,042,244
- Income (IRS master file)
- $7,987,642
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,652,349 | $381,739 | $8,042,244 | IRS |
| 990-PF | December 2024 | $1,665,935 | $310,522 | $6,771,634 | XML |
| 990-PF | December 2023 | $792,873 | $316,327 | $5,416,221 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 61-1669789).
Questions about MARAK FAMILY FOUNDATION
- What is the EIN of MARAK FAMILY FOUNDATION?
- The employer identification number (EIN) of MARAK FAMILY FOUNDATION is 61-1669789.
- Is MARAK FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to MARAK FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARAK FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARAK FAMILY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARAK FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of MARAK FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does MARAK FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,652,349, expenses of $381,739 and total assets of $8,042,244 at year end.
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