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Nonprofit · EIN 71-1023900

MICHAEL J MARKS FOUNDATION

Tax-exempt · HONOLULU, HI 96813

Financials

$210K$301K2023$685K$384K2024$294K$312K2025
Revenue Expenses · by fiscal year end
Financials of MICHAEL J MARKS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$294,081$312,384-$18,303$5,423,037$0$5,423,037
December 31, 2024990-PF$685,031$383,504$301,527$5,441,340$0$5,441,340
December 31, 2023990-PF$209,857$301,146-$91,289$5,112,413$0$5,112,413
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$24,458
Dividends
$213,003
Interest
$52
Net gain from sales of assets
$56,568

Expenses

Grants and similar amounts paid
$260,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$260,000
Excise tax on investment income
$3,651

Balance sheet and other

Total assets, start of year
$5,441,340
Total assets, end of year
$5,423,037
Total liabilities, end of year
$0
Net assets, end of year
$5,423,037
Fair market value of assets
$6,215,060
Qualifying distributions
$260,000
Net investment income
$269,623

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.

NameTitleHours / weekCompensation
CHARLES W LOOMIS
1000 BISHOP ST 1200, HONOLULU, HI 968134298
PRESIDENT/DIRECTOR0$0
E GUNNER SCHULL
1000 BISHOP ST 1200, HONOLULU, HI 968134298
VP/SECRETARY/TREASURER/DIRECTOR0$0
SUSAN ROBERTS
1000 BISHOP ST 1200, HONOLULU, HI 968134298
VICE PRESIDENT/DIRECTOR0$0
LISA D AYABE
1000 BISHOP ST 1200, HONOLULU, HI 968134298
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
CHARLES W LOOMIS
1000 BISHOP ST 1200, HONOLULU, HI 968134298
PRESIDENT/DIRECTOR0$0
E GUNNER SCHULL
1000 BISHOP ST 1200, HONOLULU, HI 968134298
VP/SECRETARY/TREASURER/DIRECTOR0$0
SUSAN ROBERTS
1000 BISHOP ST 1200, HONOLULU, HI 968134298
VICE PRESIDENT/DIRECTOR0$0
LISA D AYABE
1000 BISHOP ST 1200, HONOLULU, HI 968134298
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
CHARLES W LOOMIS
1000 BISHOP ST 1200, HONOLULU, HI 968134298
PRESIDENT/DIRECTOR0$0
E GUNNER SCHULL
1000 BISHOP ST 1200, HONOLULU, HI 968134298
VP/SECRETARY/TREASURER/DIRECTOR0$0
SUSAN ROBERTS
1000 BISHOP ST 1200, HONOLULU, HI 968134298
VICE PRESIDENT/DIRECTOR0$0
LISA D AYABE
1000 BISHOP ST 1200, HONOLULU, HI 968134298
DIRECTOR0$0

Address and contacts

Address (IRS master file)
EG SCHULL 1000 BISHOP ST 1200, HONOLULU, HI 96813-0000
In care of
% E GUNNER SCHULL
Signed the 990-PF
E Gunner Schull, Vice President
Phone
(808) 521-9227
Return prepared by
LDDI Wealth

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
71-1023900
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
2008
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,423,037
Income (IRS master file)
$1,332,645

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$294,081$312,384$5,423,037IRS
990-PFDecember 2024$685,031$383,504$5,441,340IRS
990-PFDecember 2023$209,857$301,146$5,112,413XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 71-1023900).

Questions about MICHAEL J MARKS FOUNDATION

What is the EIN of MICHAEL J MARKS FOUNDATION?
The employer identification number (EIN) of MICHAEL J MARKS FOUNDATION is 71-1023900.
Is MICHAEL J MARKS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to MICHAEL J MARKS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MICHAEL J MARKS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MICHAEL J MARKS FOUNDATION 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 MICHAEL J MARKS FOUNDATION 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 MICHAEL J MARKS FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does MICHAEL J MARKS FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $294,081, expenses of $312,384 and total assets of $5,423,037 at year end.

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