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.
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]