MARK FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MARK FAMILY FOUNDATION (EIN 13-7052586)
- Tax period
- 2022-12-01 to 2023-11-30
- Filed
- 2024-04-09
- IRS object ID
- 202431009349100703
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-09T08:25:08-05:00 | ReturnTs |
| Tax Period End | 2023-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 WEST 42ND STREET 19TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 137052586 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARK FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O MARK ASSET MANAGEMENT | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARK | BusinessNameControlTxt |
| Phone | 2125836001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 667 MADISON AVENUE 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10021 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MORRIS MARK | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2125836001 | PhoneNum |
| Signature | 2024-04-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MORRIS | PersonFirstNm |
| Person Last | MARK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAUL WEIRETER | PreparerPersonNm |
| PTIN | P00140887 | PTIN |
| Phone | 2123721000 | PhoneNum |
| Preparation | 2024-04-04 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,885,333 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $3,588,962 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $39,153 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $39,153 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $181,451 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $181,451 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $76,389 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $19,413,873 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,922,120 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,885,955 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,142,724 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $46,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $23,250 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $23,250 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $37 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $37 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $807 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $807 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $22,309 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $22,309 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $69,653 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $46,403 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $23,250 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,499,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,499,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,568,653 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $46,403 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,522,250 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,317,302 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,096,321 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $11,448 | CashBOYAmt |
| Cash EOY | $1,075 | CashEOYAmt |
| Cash EOYFMV | $1,075 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,024,148 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $909,814 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $909,814 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,347,621 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,347,642 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $15,257,000 | CorporateStockBOYAmt |
| Corporate Stock EOY | $16,345,114 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $23,886,443 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $200,000 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $200,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $740,359 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $16,492,596 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,803,624 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,885,333 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $16,492,596 | RetainedEarningBOYAmt |
| Retained Earning EOY | $18,803,624 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,492,596 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,803,624 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,492,596 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,803,624 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,492,596 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,317,302 | ExcessRevenueOverExpensesAmt |
| Other Increases | $993,726 | OtherIncreasesAmt |
| Subtotal | $18,803,624 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,803,624 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $11,704,952 | $11,935,904 | -$230,952 | -$230,952 |
| PUBLICLY TRADED SECURITIES | $7,708,921 | $5,555,849 | $2,153,072 | $2,153,072 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,922,120 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $29,139 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $29,139 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $29,139 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,679 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $15,679 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $436 | EsPenaltyAmt |
| Tax Due | $13,896 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2123722515 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 667 MADISON AVENUE 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10021 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| MORRIS MARK | |||||||||
| C/O MARK ASSET MANAGEMENT 667 | MADISON AVENUE 9TH FLOOR | NEW YORK | NY | 10021 | TRUSTEE | 0.50 | $0 | $0 | $0 |
| SUSAN MARK | |||||||||
| C/O MARK ASSET MANAGEMENT 667 | MADISON AVENUE 9TH FLOOR | NEW YORK | NY | 10021 | TRUSTEE | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECTCHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Description2 | N/A | Description2Txt |
| Expenses2 | $0 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $22,782,069 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,095,458 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $23,877,527 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $23,877,527 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $358,163 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $23,519,364 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,175,968 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,175,968 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $29,139 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $29,139 | TotalTaxAmt |
| Distributable Before Adj | $1,146,829 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,146,829 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,146,829 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,522,250 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,522,250 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,146,829 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $516,618 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $672,208 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $725,178 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,177,154 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $729,557 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,820,715 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,522,250 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,146,829 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,375,421 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,196,136 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $516,618 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,679,518 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $672,208 | ExcessFromYear4Amt |
| Excess From Year3 | $725,178 | ExcessFromYear3Amt |
| Excess From Year2 | $2,177,154 | ExcessFromYear2Amt |
| Excess From Year1 | $729,557 | ExcessFromYear1Amt |
| Excess From Current Year | $1,375,421 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MORRIS MARK | ContributingManagerNm |
| Contributing Manager | SUSAN MARK | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN FRIENDS OF THE ISRAEL MUSEUM | |||||||
| 545 FIFTH AVENUE SUITE 920 | NEW YORK | NY | 10017 | NONE | PC | GENERAL PURPOSE | $100,000 |
| CHILD MIND INSTITUTE | |||||||
| 445 PARK AVENUE 3RD FLOOR | NEW YORK | NY | 10022 | NONE | PC | GENERAL PURPOSE | $2,500 |
| FRIENDS OF THE ISRAEL DEFENSE FORCES | |||||||
| 1430 BROADWAY | NEW YORK | NY | 10018 | NONE | PC | GENERAL PURPOSE | $500 |
| GUILD HALL OF EAST HAMPTON | |||||||
| 158 MAIN STREET | EAST HAMPTON | NY | 11937 | NONE | PC | GENERAL PURPOSE | $25,000 |
| HORACE MANN SCHOOL | |||||||
| 231 W 246TH STREET | BRONX | NY | 10471 | NONE | PC | GENERAL PURPOSE | $25,000 |
| ICA VISIBILITY FUND | |||||||
| 118 S 36TH STREET | PHILADELPHIA | PA | 19104 | NONE | PC | GENERAL PURPOSE | $50,000 |
| JEWISH FEDERATION OF PALM BEACH COUNTY | |||||||
| 1 HARVARD CIRCLE SUITE 100 | WEST PALM BEACH | FL | 33409 | NONE | PC | GENERAL PURPOSE | $50,000 |
| LINCOLN CENTER FOR THE PERFORMING ARTS | |||||||
| 70 LINCOLN CENTER PLAZA | NEW YORK | NY | 10023 | NONE | PC | GENERAL PURPOSE | $237,500 |
| MEDSTAR GEORGETOWN UNIVERSITY HOSPITAL | |||||||
| 3800 RESERVOIR ROAD NW | WASHINGTON | DC | 20007 | NONE | PC | GENERAL PURPOSE | $500 |
| MEMORIAL SLOAN KETTERING CANCER CENTER | |||||||
| 633 THIRD AVENUE 4TH FLOOR | NEW YORK | NY | 10017 | NONE | PC | GENERAL PURPOSE | $25,000 |
| MORSELIFE FOUNDATION INC | |||||||
| 4847 DAVID S MACK DRIVE | WEST PALM BEACH | FL | 334178023 | NONE | PC | GENERAL PURPOSE | $110,000 |
| MUSEUM OF JEWISH HERITAGE | |||||||
| 36 BATTERY PLACE | NEW YORK | NY | 10280 | NONE | PC | GENERAL PURPOSE | $500 |
| NYU LANGONE HEALTH SYSTEM | |||||||
| 550 1ST AVENUE | NEW YORK CITY | NY | 10016 | NONE | PC | GENERAL PURPOSE | $1,250,000 |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | |||||||
| 124 MOUNT AUBURN STREET | CAMBRIDGE | MA | 02138 | NONE | PC | GENERAL PURPOSE | $200,000 |
| SOUTHAMPTON HOSPITAL FOUNDATION INC | |||||||
| 240 MEETING HOUSE LANE | SOUTHAMPTON | NY | 11968 | NONE | PC | GENERAL PURPOSE | $20,000 |
| THE 92ND STREET Y | |||||||
| 1395 LEXINGTON AVENUE | NEW YORK | NY | 10128 | NONE | PC | GENERAL PURPOSE | $5,000 |
| THE JEWISH MUSEUM | |||||||
| 1109 5TH AVENUE AT 92ND STREET | NEW YORK | NY | 10128 | NONE | PC | GENERAL PURPOSE | $10,000 |
| THE SOCIETY OF THE FOUR ARTS | |||||||
| 100 FOUR ARTS PLAZA | PALM BEACH | FL | 33480 | NONE | PC | GENERAL PURPOSE | $25,000 |
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT STREET SUITE 305 | PHILADELPHIA | PA | 19104 | NONE | PC | GENERAL PURPOSE | $2,500 |
| UJA FEDERATION OF NEW YORK INC | |||||||
| 130 E 59TH STREET | NEW YORK | NY | 10022 | NONE | PC | GENERAL PURPOSE | $250,000 |
| WEILL CORNELL MEDICAL CENTER FUND INC | |||||||
| 575 LEXINGTON AVENUE 9TH FLOOR | NEW YORK | NY | 10022 | NONE | PC | GENERAL PURPOSE | $110,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,499,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $39,153 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $181,451 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $76,389 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $296,993 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $296,993 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| SUSAN MARK | |||||||
| 1 | C/O MARK ASSET MANAGEMENT 667 MADIS | NEW YORK | NY | 10021 | $2,976,935 | Yes (X) | |
| MARK 2017 CLAT | |||||||
| 2 | C/O MARK ASSET MANAGEMENT 667 MADIS | NEW YORK | NY | 10021 | $612,027 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (8 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 1,760 SHARES OF ALPHABET INC-CL A (GOOGL) | $161,612 | 2022-12-15 |
| 1 | 220 SHARES OF ALPHABET INC-CL C (GOOG) | $20,291 | 2022-12-15 |
| 1 | 1,623 SHARES OF MARTIN MARIETTA MATERIALS I (MLM) | $575,995 | 2022-12-15 |
| 1 | 21,161 SHARES OF MGM RESORTS INTERNATIONAL (MGM) | $762,642 | 2022-12-15 |
| 1 | 979 SHARES OF MICROSOFT CORP (MSFT) | $245,504 | 2022-12-15 |
| 1 | 8,241 SHARES OF MORGAN STANLEY (MS) | $725,661 | 2022-12-15 |
| 1 | 68 SHARES OF NVIDIA CORPORATION (NVDA) | $11,567 | 2022-12-15 |
| 1 | 4,004 SHARES OF QUALCOMM INC (QCOM) | $473,663 | 2022-12-15 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $46,500 | Amt |
| Net Investment Income | $23,250 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $23,250 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
| Amt | $0 | Amt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (42 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 377 ADOBE SYSTEMS INC | $211,153 | $230,351 |
| 6,895 ALPHABET INC-CL A | $356,966 | $913,794 |
| 208 ALPHABET INC-CL C | $19,184 | $27,855 |
| 8,736 AMAZON.COM INC | $889,766 | $1,276,242 |
| 751 AMERICAN TOWER | $106,287 | $156,794 |
| 7,385 APPLE COMPUTER INC | $416,385 | $1,402,781 |
| 1,648 ARISTA NETWORKS INC | $305,270 | $362,082 |
| 2,212 ARM HOLDINGS PLC | $121,282 | $136,038 |
| 543 ASML HOLDINGS | $323,615 | $371,282 |
| 11,952 BANK OF AMERICA CORP | $464,145 | $364,416 |
| 4,038 BLACKSTONE GROUP LP | $391,926 | $453,750 |
| 720 BLOCK INC | $42,214 | $45,670 |
| 2,625 BOEING CO | $411,317 | $608,029 |
| 13,397 CHARLES SCHWAB CORP. | $703,440 | $821,504 |
| 375 CHIPOTLE MEXICAN GRILL INC | $719,940 | $825,844 |
| 2,247 DELL TECHNOLOGIES-C | $161,030 | $170,480 |
| 6,222 DISNEY WALT CO | $726,045 | $576,717 |
| 12,123 DRAFTKINGS INC | $438,472 | $463,584 |
| 1,137 DUOLINGO | $241,150 | $241,374 |
| 2,240 ELECTRONIC ARTS | $298,378 | $309,142 |
| 4,381 GENERAL ELECTRIC CO | $305,871 | $533,606 |
| 380 KKR AND CO INC | $28,613 | $28,819 |
| 1,783 LENNAR CORP | $127,090 | $228,081 |
| 3,420 MARTIN MARIETTA MATERIALS | $1,878,818 | $1,588,898 |
| 2,390 META PLATFORMS-A | $280,530 | $781,888 |
| 29,728 MGM RESORTS INTERNATIONAL | $957,757 | $1,172,472 |
| 6,613 MICROSOFT CORPORATION | $1,461,026 | $2,505,732 |
| 2,668 MORGAN STANLEY | $137,160 | $211,679 |
| 1,170 NETFLIX, INC. | $366,451 | $554,545 |
| 379 NOVO NORDISK A/S-B | $38,535 | $38,505 |
| 4,667 NVIDIA CORPORATION | $290,778 | $2,182,756 |
| 56 PJT PARTNERS INC - A | $2,479 | $5,043 |
| 1,184 ROBLOX CORP | $70,486 | $132,221 |
| 3,023 RTX CORP | $244,497 | $246,314 |
| 1,365 SHOPIFY INC - CLASS A | $99,314 | $99,399 |
| 2,688 SIMON PROPERTY GROUP INC | $274,358 | $335,704 |
| 2,776 TAKE TWO INTERACTIVE SOFTWARE INC | $361,331 | $439,163 |
| 2,616 TESLA MOTORS INC | $379,668 | $628,049 |
| 1,459 TOLL BROTHERS INC | $70,531 | $125,314 |
| 8,574 UBER TECHNOLOGIES INC | $250,583 | $483,402 |
| 5,961 WYNN RESORTS, LIMITED | $385,739 | $503,228 |
| 6,701 ZSCALER INC | $985,534 | $1,303,896 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,347,621 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,347,642 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | BARON USA PARTNERS FUND, LTD | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $200,000 | BookValueAmt |
| EOYFMV | $740,359 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADR FEE | $31 | $31 | $0 |
| CUSTODY AND BANK FEE | $22,278 | $22,278 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COST BASIS ADJUSTMENT ON DONATED SECURITIES | Desc |
| Amt | $993,726 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX PAID | CategoryTxt |
| Amt | $807 | Amt |
| Net Investment Income | $807 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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