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Filing year 2023

THE NANCY LURIE MARKS FAMILY FOUNDATION

Wellesley, Massachusetts·EIN 04-2607232·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$10M
Total assets
$120.6M
Total expenses
$9.3M
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

Director
Unclassified
$431k
$474k
Trustee
Board Member
Above 90th percentile
$169k
$186k
Trustee
Board Member
Above 90th percentile
$155k
$170k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE NANCY LURIE MARKS FAMILY FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$5.2M

Itemized grants

37

Median grant

$25k

RecipientLocationPurposeAmount
MASSACHUSETTS GENERAL HOSPITALBOSTON, MAMEDICAL RESEARCH$1.4M
LURIE FAMILY AUTISM CENTER CLINICAL PROGRAM FUNDLEXINGTON, MAMEDICAL RESEARCH$1M
MASSACHUSETTS EYE AND EAR INFIRMARYBOSTON, MAMEDICAL RESEARCH$549k
PRESIDENT AND FELLOWS OF HARVARD COLLEGEBOSTON, MAEDUCATION$479k
MAINE MEDICAL CENTERWESTBROOK, MEMEDICAL RESEARCH$395k
BETH ISRAEL DEACONESS MEDICAL CENTERBOSTON, MAMEDICAL RESEARCH$354k
RUTGERS UNIVERSITYPISCATAWAY, NJEDUCATION$250k
MASSACHUSETTS ADVOCATES FOR CHILDRENBOSTON, MAPUBLIC WELFARE$160k
DANA FARBER CANCER INSITUTEBROOKLINE, MAMEDICAL RESEARCH$94k
YALE UNIVERSITYNEW HAVEN, CTEDUCATION$75k
BOSTON SYMPHONY ORCHESTRABOSTON, MAPUBLIC WELFARE$60k
UNIVERSITY OF MASSACHUSETTSNORTH WORCESTER, MAEDUCATION$60k
BOSTON MEDICAL CENTERBOSTON, MAMEDICAL RESEARCH$52k
COLD SPRING HARBORNEW YORK, NYPUBLIC WELFARE$50k
THE NEW YORK STEM CELL FOUNDATIONNEW YORK, NYMEDICAL RESEARCH$36k
3L PLACESOMERVILLE, MAPUBLIC WELFARE$25k
ADVOCATESFRAMINGHAM, MAPUBLIC WELFARE$25k
FRAXA RESEARCH FOUNDATION INCWATERTOWN, MAMEDICAL RESEARCH$25k
NEW ENGLAND YACHADBROOKLINE, MAPUBLIC WELFARE$25k
HOSPICE FOUNDATION OF AMERICAWASHINGTON, DCMEDICAL RESEARCH$25k
BOSTON COMMUNITY PEDIATRICSBOSTON, MAMEDICAL RESEARCH$15k
BERKLEE INSTITUTE FOR ACCESSIBLE ARTS EDUCATIONBOSTON, MAEDUCATION$10k
BOSTON HEALTH CARE FOR THE HOMELESS PROGRAMBOSTON, MAPUBLIC WELFARE$10k
HEBREW SENIOR LIFEBOSTON, MAPUBLIC WELFARE$10k
INSARKANSAS CITY, MOMEDICAL RESEARCH$5k
Compare this foundation's grantees

Held roughly steady
over 3 years

From $431k in 2020 to $431k in 2023.

$431k
2020
$431k
2022
$431k
2023
In today's dollarsEst.
Down 13% in real terms$544k to $474k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 1% from 2020 to 2023, while revenue fell 4%.

$167k in 2020 to $169k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2020 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE NANCY LURIE MARKS FAMILY FOUNDATION

What does the Board Member of THE NANCY LURIE MARKS FAMILY FOUNDATION earn?

In 2023, the Board Member of THE NANCY LURIE MARKS FAMILY FOUNDATION received $169,133 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at THE NANCY LURIE MARKS FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2023 pay of the Board Member at THE NANCY LURIE MARKS FAMILY FOUNDATION falls in the top 10%. In 2023, the highest total compensation at THE NANCY LURIE MARKS FAMILY FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE NANCY LURIE MARKS FAMILY FOUNDATION's revenue and expenses?

In 2023, THE NANCY LURIE MARKS FAMILY FOUNDATION reported $10M in total revenue and $9.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.