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Nonprofit · EIN 77-0272230

MARKKULA FOUNDATION

Tax-exempt · WOODSIDE, CA 94062

Financials

$132K$743K2023$869K$536K2024
Revenue Expenses · by fiscal year end
Financials of MARKKULA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-PF$869,247$536,305$332,942$7,320,531$0$7,320,531
June 30, 2024990-PF$132,197$742,725-$610,528$6,949,326$0$6,949,326
Financial details: 990-PF for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$75
Dividends
$399,450
Net gain from sales of assets
$464,873
Other income
$4,849

Expenses

Grants and similar amounts paid
$485,246
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$497,214
Excise tax on investment income
$11,552

Balance sheet and other

Total assets, start of year
$6,949,326
Total assets, end of year
$7,320,531
Total liabilities, end of year
$0
Net assets, end of year
$7,320,531
Fair market value of assets
$10,688,733
Qualifying distributions
$497,214
Net investment income
$864,303

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
A C MARKKULA JR
C/O ACM INVESTMENTS PO BOX 62017, WOODSIDE, CA 94062
DIR, PRES, CEO1$0
LINDA MARKKULA
C/O ACM INVESTMENTS PO BOX 62017, WOODSIDE, CA 94062
DIR, VP, SEC1$0
990-PF for the year ended June 30, 2024: 2 people
NameTitleHours / weekCompensation
A C MARKKULA JR
C/O ACM INVESTMENTS PO BOX 62017, WOODSIDE, CA 94062
DIR, PRES, CEO1$0
LINDA MARKKULA
C/O ACM INVESTMENTS PO BOX 62017, WOODSIDE, CA 94062
DIR, VP, SEC1$0

Address and contacts

Address (IRS master file)
PO BOX 620170, WOODSIDE, CA 94062-0170
In care of
% ACM INVESTMENTS
Signed the 990-PF
ARMAS MARKKULA, DIRECTOR
Phone
(650) 851-4425
Return prepared by
Baker Tilly Advisory Group LP

California records

California keeps its own records of charities and corporations. Search them by EIN 77-0272230 or by the name MARKKULA FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-PF on file
2023June 30, 2024November 15, 2024990-PF on file

IRS record

EIN
77-0272230
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
1991
Accounting year ends
June
Files
Form 990-PF
Assets (IRS master file)
$7,320,531
Income (IRS master file)
$4,576,573

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJune 2025$869,247$536,305$7,320,531XML
990-PFJune 2024$132,197$742,725$6,949,326IRS
990-TJune 2024–––IRS
990-PFJune 2023–––IRS
990-TJune 2023–––IRS
990-PFJune 2022–––IRS
990-TJune 2022–––IRS
990-PFJune 2021–––IRS
990-TJune 2021–––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 77-0272230).

Questions about MARKKULA FOUNDATION

What is the EIN of MARKKULA FOUNDATION?
The employer identification number (EIN) of MARKKULA FOUNDATION is 77-0272230.
Is MARKKULA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to MARKKULA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MARKKULA FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MARKKULA FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARKKULA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended June 2025.
Who are the officers and directors of MARKKULA FOUNDATION?
The 990-PF for the year ended June 30, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does MARKKULA FOUNDATION have?
On its 990-PF for the year ended June 30, 2025 it reported revenue of $869,247, expenses of $536,305 and total assets of $7,320,531 at year end.

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