The June R Mark Private Foundation Inc is located in West Hartford, CT. The organization was established in 1995. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. June R Mark Private Foundation Inc 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 12/2022, June R Mark Private Foundation Inc generated $9.5k 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 (4.2%) each year. All expenses for the organization totaled $48.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE EDUCATION GRANT IS TO HELP THE UNDERGRADUATE OR GRADUATE EDUCATION OF A YOUNG WOMAN WHO HAS ACADEMIC, SOCIAL AND EMOTIONAL PROMISE. EACH YEAR A GRANTEE IS SELECTED FROM THE FOUNDATION IN HONOR OF JUNE R. MARK.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fredric Manger Treasurer | 0 | $0 | |
Megan Rheiner President | 0 | $10,354 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $410 |
| Dividends & Interest | $5,863 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,270 |
| Capital Gain Net Income | $3,262 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,543 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,354 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $242 |
| Total operating and administrative expenses | $18,763 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $48,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,292 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $414,123 |
| 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, The June R Mark Private Foundation Inc has awarded $30,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
KENNEDY MITCHELL PURPOSE: EDUCATION GRANT | $5,000 |
NINJA DOUGLAS PURPOSE: EDUCATION GRANT | $10,000 |
AYLIN BAL PURPOSE: EDUCATION GRANT | $5,000 |
ALYSON BOOTH PURPOSE: EDUCATION GRANT | $5,000 |
GRACE BEAZOGLOU PURPOSE: EDUCATION GRANT | $5,000 |