George Mark Children's Fund

Overview

George Mark Children's Fund is a U.S. nonprofit organization focused on supporting children with serious medical conditions and their families. While it shares a similar mission with George Mark Children's House, which is known for providing life-affirming care, the fund's specific role involves managing financial resources to further these objectives. The organization is categorized under Health — General and Rehabilitative and Health Support Services.

Financial Overview

As of the latest filings, George Mark Children's Fund reported significant contributions as its primary source of revenue. The organization's financials include substantial assets and liabilities, reflecting its operational scale. In 2024, it reported revenues of approximately $8.31 million and expenses of $7.82 million, with total assets valued at $19.1 million and liabilities of $4.76 million[1].

Contributions and Expenses

The majority of the revenue comes from contributions, highlighting its reliance on donations for operational purposes. Expenses are predominantly allocated towards personnel costs and other operational needs, including executive compensation and other salaries and wages[1].

Mission Alignment

Although specific details about George Mark Children's Fund's direct activities are not available, its mission aligns with providing support to children with serious illnesses, potentially complementing the services offered by similar entities like George Mark Children's House. This alignment suggests a broader strategy focusing on both financial support and holistic care for families affected by serious medical conditions.

Tax Deductibility

Donations to George Mark Children's Fund are tax deductible, which encourages philanthropic support for its mission. While the fund itself does not directly provide medical care, its role in supporting related initiatives is critical for the continuity of such services.

In summary, George Mark Children's Fund plays a crucial role in financially supporting initiatives that care for children with serious medical conditions, thereby contributing to the broader mission of enhancing the quality of life for these families.