SOURCE OF WEALTH: Mark Asset Management
FUNDING AREAS: Education & Youth, Jewish Causes, Health & Human Services, Arts & Culture
OVERVIEW: Morris and Susan Mark conduct their philanthropy through the Mark Family Foundation. Available tax filings indicate that the foundation disbursed $826,000 in grants in 2018. The family’s giving centers around the Northeast, with interests that include the arts and Jewish organizations.
BACKGROUND: Morris Mark graduated with a degree in economics from Brooklyn College, and received a JD from Harvard Law School. He spent fifteen years as a research analyst and risk arbitrageur at First Manhattan and Goldman Sachs. Mark formed Mark Partners in 1985 and established Mark Asset Management Corporation in 1987.
ISSUES:
EDUCATION & YOUTH: The Marks have supported select Northeast institutions like University of Pennsylvania, Weill Cornell Medical College, Mount Sinai School of Medicine, Albert Einstein College of Medicine, Prep for Prep, and Horace Mann School.
JEWISH CAUSES: The Mark family also supports Jewish outfits, with gifts to groups like Central Synagogue and Park Avenue Synagogue, as well as organizations like UJA-Federation of New York, Jewish Center of the Hamptons, and Hebrew Charter School Center.
HEALTH & HUMAN SERVICES: Grantees have included FARE, Memorial Sloan Kettering Cancer Center, New York Presbyterian, Lymphoma Research Foundation, and Citymeals on Wheels.
ARTS & CULTURE: The Mark family supports arts and cultural institutions in New York City, such as Lincoln Center Theatre, Brooklyn Museum, Jazz at Lincoln Center, and 92Y.
LOOKING FORWARD: Expect this family’s Northeast focus to continue.
CONTACT:
The Mark Family Foundation does not provide a clear avenue of contact but below is an address:
Mark Family Foundation
c/o Geller Advisors LLC
PO Box 1510
New York City, NY 10150
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