Marino Charitable Foundation 121693 is located in Dover, MA. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marino Charitable Foundation 121693 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Marino Charitable Foundation 121693 generated $16.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $201.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Marino Charitable Foundation 121693 has awarded 37 individual grants totaling $169,638. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren D Marino Trustee | 0 | $45,833 | |
Roger M Marino Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,143 |
| Dividends & Interest | $11,524 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,667 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,833 |
| Other employee salaries and wages | $44,848 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,479 |
| Depreciation | $5,280 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $69,876 |
| Total operating and administrative expenses | $175,491 |
| Contributions, gifts, grants paid | $25,596 |
| Total expenses and disbursements | $201,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $315,723 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $6,641 |
| Other assets | $0 |
| Total assets | $322,364 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Marino Charitable Foundation 121693 has awarded $25,596 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
HOME OF SHEPHERDS RESCUE PURPOSE: UNRESTRICTED | $1,000 |
ACCESS SPECIALTY HOSPITAL PURPOSE: UNRESTRICTED | $9,042 |
VARIOUS SMALL AMOUNTS PURPOSE: UNRESTRICTED | $982 |
HAYMAKERS FOR HOPE PURPOSE: UNRESTRICTED | $5,000 |
LOVED AGAIN PETS PURPOSE: UNRESTRICTED | $3,000 |
LEAGUE OF EXTRAORDINARY PETS PURPOSE: UNRESTRICTED | $1,000 |