NET WORTH: Unknown
SOURCE OF WEALTH: Mark Asset Management
FUNDING AREAS: Education & Youth, Jewish Causes, Health & Human Services, Arts & Culture
OVERVIEW: Morris and Susan Mark move their philanthropy through the Mark Family Foundation. The family's giving is focused on the Northeast, with interests that include the arts and Jewish organizations.
BACKGROUND: Morris Mark graduated with a degree in economics from Brooklyn College, and received a JD from Harvard Law School. He spent fifteen years as a research analyst and risk arbitrageur at First Manhattan and Goldman Sachs. Mark formed Mark Partners in 1985 and established Mark Asset Management Corporation in 1987.
EDUCATION & YOUTH: The Marks via their family foundation have supported select Northeast institutions like UPenn, Weill Cornell Medical College, Mount Sinai School of Medicine, Albert Einstein College of Medicine, Prep for Prep, and Horace Mann School.
JEWISH CAUSES: The Mark family also earmarks funds for Jewish outfits via their foundation, directing steady sums to places like Central Synagogue and Park Avenue Synagogue, as well as supporting outfits like UJA-Federation of New York, Jewish Center of the Hamptons, and Hebrew Charter School Center.
HEALTH & HUMAN SERVICES: Grantees have included FARE, Memorial Sloan Kettering Cancer Center, New York Presbyterian, Lymphoma Research Foundation, and Citymeals on Wheels.
ARTS & CULTURE: The Mark family supports arts and cultural institutions in New York City like Lincoln Center Theatre, Brooklyn Museum, Jazz at Lincoln Center, and 92Y.
LOOKING FORWARD: Expect this family's Northeast focus to continue.
The Mark Family Foundation does not provide a clear avenue of contact but below is an address:
Mark Family Foundation
77 Water Street 9th Floor
New York City, NY 10005