Markle Foundation Explained

Markle Foundation
Size:250px
Founder:John Markle (1858 - 1933)
Mary Markle (1853 - 1927)
Type:T20 Private foundation
501(c)(3)
Leader Name:Zoë Baird[1] [2]
Leader Title:President
Leader Title2:Managing Director Health
Leader Name2:Carol Diamond[3]
Leader Title3:Chief Operating Officer
Leader Name3:Beth F. Cobert
(Markle Foundation)
Focus:Technology, Health care, and National security
Tax Id:13-1770307[4]
Board Of Directors:• Zoë Baird
• Steven Denning
• Cheryl C. Effron
• Dr. Christopher Howard
• Suzanne N. Johnson
• Gilman Louie
• Dr. James Manyika
• Kathleen A. Murphy
• Herbert Pardes, MD
• Stanley S. Shuman[5]
Subsidiaries:Skillful (A Markle Initiative)
Beth F. Cobert (CEO)
Headquarters:New York City
Revenue:$10,494,800 (2018)
Expenses:$133,324,036 (2018)

Markle Foundation is a New York–based private foundation established in 1927 by American industrialist and financier John Markle and his wife, Mary. Its focus is technology, health care, and national security.

History

Formally incorporated on April 26, 1927,[6] as the John and Mary R. Markle Foundation,[7] the organization began by funding traditional social welfare programs as well as projects that focused on medicine and medical research. In 1969, Lloyd Morrisett, the Markle Foundation's president at that time, shifted the foundation's focus to mass communications in a democratic society. In 1998, when Zoë Baird became president, she shifted the foundation's focus to accelerating the use of information and information technology to address critical public problems, particularly in the areas of health and national security. For fiscal year 2008, Ms Baird's compensation from this tax exempt charitable organization was recorded as $505,750.00, in the Form 990-PF filed by Markle.[8]

In 1948, the Foundation established an award to assist qualified people wishing to remain in academic medicine.[9]

Personnel

External links

Notes and References

  1. Web site: Markle Foundation . Cause IQ . December 20, 2020.
  2. News & Events (1997-06-03). Zoë Baird to Assume Presidency of Markle Foundation. The Markle Website, retrieved August 22, 2011
  3. Events: Information Page (July 2009). Carol C. Diamond . Center for American Progress, retrieved August 22, 2011
  4. "Form 990-PF: return of Private Foundation". John and Mary R Markle Foundation. Guidestar. June 30, 2014.
  5. Web site: Board of Directors. Markle Foundation. December 20, 2020.
  6. "Markle Foundation Ready to Operate". The New York Times. April 30, 1927. p. 6.
  7. "Incorporation of Markle Foundation Sought: J.P. and Junius Morgan Jr. Among Signers". The New York Times. February 4, 1927. p. 2.
  8. Web site: Archived copy . 2012-04-06 . https://web.archive.org/web/20110106150830/http://www.markle.org/downloadable_assets/markle_2008_990pf.pdf . 2011-01-06 . dead .
  9. 1949-03-19. Markle Foundation Scholarships in Medicine. Nature. en. 163. 4142. 437–438. 10.1038/163437c0. 1949Natur.163S.437.. 1476-4687. free.