Nonprofit · EIN 59-7212468
MARKS FOUNDATION TR 071901
Also known as FRIEDMAN LOUIS TTEE
Tax-exempt · PARSIPPANY, NJ 07054
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $75,875 | $173,880 | -$98,005 | $2,137,571 | $0 | $2,137,571 |
| December 31, 2024 | 990-PF | $116,342 | $164,289 | -$47,947 | $2,168,369 | $0 | $2,168,369 |
| December 31, 2023 | 990-PF | $87,273 | $161,423 | -$74,150 | $2,216,316 | $0 | $2,216,316 |
| December 31, 2021 | 990-PF | $133,605 | $164,975 | -$31,370 | $2,328,420 | $0 | $2,328,420 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $75,828
- Net gain from sales of assets
- $1
- Other income
- $46
Expenses
- Grants and similar amounts paid
- $162,711
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $162,711
- Excise tax on investment income
- $955
Balance sheet and other
- Total assets, start of year
- $2,168,369
- Total assets, end of year
- $2,137,571
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,137,571
- Fair market value of assets
- $4,312,720
- Qualifying distributions
- $162,711
- Net investment income
- $75,875
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUIS FRIEDMAN 7678 PLAYA RIENTA WAY, DELRAY BEACH, FL 33446 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUIS FRIEDMAN 7678 PLAYA RIENTA WAY, DELRAY BEACH, FL 33446 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUIS FRIEDMAN 7678 PLAYA RIENTA WAY, DELRAY BEACH, FL 33446 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2021: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUIS FRIEDMAN 7678 PLAYA RIENTA WAY, DELRAY BEACH, FL 33446 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 389 INTERPACE PKWY STE 3, PARSIPPANY, NJ 07054-1132
- In care of
- % SAX MACY FROMM & CO PC
- Signed the 990-PF
- LOUIS FRIEDMAN, TRUSTEE
- Phone
- (973) 472-6250
- Return prepared by
- SAX ADVISORS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 59-7212468
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T90)
- Assets (IRS master file)
- $2,137,571
- Income (IRS master file)
- $75,920
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $75,875 | $173,880 | $2,137,571 | IRS |
| 990-PF | December 2024 | $116,342 | $164,289 | $2,168,369 | XML |
| 990-PF | December 2023 | $87,273 | $161,423 | $2,216,316 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | $133,605 | $164,975 | $2,328,420 | XML |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 59-7212468).
Questions about MARKS FOUNDATION TR 071901
- What is the EIN of MARKS FOUNDATION TR 071901?
- The employer identification number (EIN) of MARKS FOUNDATION TR 071901 is 59-7212468.
- Is MARKS FOUNDATION TR 071901 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to MARKS FOUNDATION TR 071901 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARKS FOUNDATION TR 071901 file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARKS FOUNDATION TR 071901 due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARKS FOUNDATION TR 071901 last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of MARKS FOUNDATION TR 071901?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does MARKS FOUNDATION TR 071901 have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $75,875, expenses of $173,880 and total assets of $2,137,571 at year end.
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