Marovich Foundation Inc

Organization Overview

Marovich Foundation Inc is located in Chicago, IL. The organization was established in 2001. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marovich 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 09/2023, Marovich Foundation Inc generated $24.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $16.0k during the year ending 09/2023. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

NOT APPLICABLE


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Nicholas L Marovich
President/treasurer
$0
Mary B Marovich
Vice Pres/secretary
$0
Melonie Synowice
Vice President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $656
Dividends & Interest $9,039
Net Rental Income$0
Net Gain on Sale of Assets $14,766
Capital Gain Net Income $14,766
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $24,461

Grants Awarded

Over the last fiscal year, Marovich Foundation Inc has awarded $6,100 in support to 6 organizations.

Grant RecipientAmount

CWOA SCHOLARSHIP FUND

PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION.

$100

AMERICAN RED CROSS

PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION.

$1,000

THE MARTYR FOR JUSTICE PROJECT

PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION.

$1,000

ROUTT COUNTY CRISIS SUPPORT

PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION.

$1,000

BOYS AND GIRLS CLUB

PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION.

$2,500

THE HUMANE SOCIETY OF THE UNITED STATES

PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION.

$500
View Grant Profile

Peer Organizations

Organization NameAssets
Tw Ld Mceachearn
Saint Louis, MO
$4,789,195
William H Miner Foundation
Chicago, IL
$5,021,218
Stanita Foundation
Greenwood, IN
$6,735,996
William F Vilas Estate
Oregon, WI
$10,020,110
Frederick Henry Prince Testamentary Trust
Chicago, IL
$5,354,392
Eric P And Evelyn Newman Charitable Foundation
Saint Louis, MO
$3,941,952
Willard J And Alice C Corbett Char Tr
Chicago, IL
$307,254
William Frank Lebus Jr Tr Uw
Louisville, KY
$2,315,521
Ferdinand A & Agnes M Bower Charitable Trust
Chicago, IL
$555,207
Tom Kelley Buick Inc Employees Group Plan 501-C-9 Trust
Fort Wayne, IN
$3,280,935
Hennessey Charitable Trust
Dubuque, IA
$0
Henry J Predolin Foundation Inc
Madison, WI
$2,905,946
Elhapa Foundation Inc
Lexington, KY
$1,606,705
Co-Tr Uw Charles J Lynn 200243
Chicago, IL
$2,414,135
Interco Charitable Trust
St Louis, MO
$1,691,285
Marie H Bechtel Charitable Trust
Davenport, IA
$2,544,884
Burridge D Butler Memorial Tr Of Chicago
Cary, IL
$2,007,923
Barney Family Foundation
Chicago, IL
-$491,319
Jep J Dau T W 18632
Chicago, IL
$2,279,972
Lee H Cruse Tr 04301987
St Louis, MO
$1,400,118
Yung Family Foundation The
Crestview Hills, KY
$3,046,250
Christ Church Reserve Trust
Fairview Heights, IL
$1,974,478
William P Ingersoll Trust Ta 38127- 02-7
Chicago, IL
$1,203,490
R L Zuhlke Charitable Tr P60324004
Chicago, IL
$2,356,054
H W Grout Trust
Waterloo, IA
$2,644,043

Create an account to unlock the data you need.

or