Markle Foundation

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.

For the former British charitable organization, see Markle Windsor Foundation and Sussex Royal.

Markle Foundation
FoundedApril 26, 1927 (1927-04-26)[1]
FounderJohn Markle (1858 - 1933)
Mary Markle (1853 - 1927)
TypeT20 Private foundation
501(c)(3)[2]
13-1770307[2]
FocusTechnology, Health care, and National security
HeadquartersNew York City[2]
Zoë Baird[3][4]
Managing Director Health
Carol Diamond[5]
Chief Operating Officer
Beth F. Cobert
(Markle Foundation)
• 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[6]
SubsidiariesSkillful (A Markle Initiative)
Beth F. Cobert (CEO)
Revenue
$10,494,800 (2018) [3]
Expenses$133,324,036 (2018) [3]
Websitewww.markle.org

History

Formally incorporated on April 26, 1927,[1] 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
  • Zoë Baird – CEO and President [6]
  • Beth F. Cobert – Chief Operating Officer, Markle Foundation
    and CEO, Skillful (A Markle Initiative) [6]
  • Carol Diamond – Managing Director Health [6]
  • Juliana Herman – Chief of Staff and Senior Advisor [6]
  • Denis McDonough – Senior Advisor [6]
  • Susan Roberson – Chief Financial Officer and Treasurer [6]

References
  1. "Markle Foundation Ready to Operate". The New York Times. April 30, 1927. p. 6.
  2. "Form 990-PF: return of Private Foundation". John and Mary R Markle Foundation. Guidestar. June 30, 2014.
  3. "Markle Foundation". Cause IQ. Retrieved December 20, 2020.
  4. News & Events (1997-06-03). Zoë Baird to Assume Presidency of Markle Foundation. The Markle Website, retrieved August 22, 2011
  5. Events: Information Page (July 2009). Carol C. Diamond Archived 2011-09-06 at the Wayback Machine. Center for American Progress, retrieved August 22, 2011
  6. "Board of Directors". Markle Foundation. Retrieved December 20, 2020.
  7. "Incorporation of Markle Foundation Sought: J.P. and Junius Morgan Jr. Among Signers". The New York Times. February 4, 1927. p. 2.
  8. "Archived copy" (PDF). Archived from the original (PDF) on 2011-01-06. Retrieved 2012-04-06.{{cite web}}: CS1 maint: archived copy as title (link)
  9. "Markle Foundation Scholarships in Medicine". Nature. 163 (4142): 437–438. 1949-03-19. Bibcode:1949Natur.163S.437.. doi:10.1038/163437c0. ISSN 1476-4687.


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