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Filing year 2024

THE STEVEN & KATHERINE MARKEL FOUNDATION

Richmond, Virginia·EIN 20-5331849·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$802k
Total assets
$9M
Total expenses
$1.1M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. THE STEVEN & KATHERINE MARKEL FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

President/director
Secretary/treasurer/direct

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.1M

Itemized grants

8

Median grant

$50k

RecipientLocationPurposeAmount
ANNA JULIA COOPER EPISCOPALRICHMOND, VACHARITABLE SUPPORT350 SHS OF MLK - BOOK TO FMV ADJUSTMENT, BOOK VAL $125,916.$580k
VIRGINIA LEAGUE FOR PLANNED PARENTHOODRICHMOND, VACHARITABLE SUPPORT100 SHS OF MLK - BOOK TO FMV ADJUSTMENT, BOOK VAL $35,976.$162k
THE MAYMONT FOUNDATIONRICHMOND, VACHARITABLE SUPPORT90 SHS OF MLK - BOOK TO FMV ADJUSTMENT, BOOK VAL $32,378$149k
THE FIRST TEE OF GREATER RICHMONDRICHMOND, VACHARITABLE SUPPORT30 SHS OF MLK - BOOK TO FMV ADJUSTMENT, BOOK VAL $10,793$50k
VPMRICHMOND, VACHARITABLE SUPPORT30 SHS OF MLK - BOOK TO FMV ADJUSTMENT, BOOK VAL $10,793$50k
THE VIRGINIA HOME FOR BOYS AND GIRLSHENRICO, VACHARITABLE SUPPORT 37 SHS OF MLK - BOOK TO FMV ADJUSTMENT, BOOK VAL $8,994.00$41k
SPORTS BACKERSRICHMOND, VACHARITABLE SUPPORT$34k
PARTNERSHIP FOR THE FUTUREGLEN ALLEN, VACHARITABLE SUPPORT$25k
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Financial trend

Revenue and expenses over time

THE STEVEN & KATHERINE MARKEL FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$110k
$972k
2023
$802k
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

THE STEVEN & KATHERINE MARKEL FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia
FAQ

Common questions about THE STEVEN & KATHERINE MARKEL FOUNDATION

What are THE STEVEN & KATHERINE MARKEL FOUNDATION's revenue and expenses?

In 2024, THE STEVEN & KATHERINE MARKEL FOUNDATION reported $802k in total revenue and $1.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.