Ray H Marr Foundation
- Assets
- $44.1m
- Revenue
- $27.1m
- Investments
- $39.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 02/2010
- Data as of
- 12/2022
- EIN
- 26-3172622
Organization Overview
Ray H Marr Foundation is located in Dallas, TX. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Ray H Marr Foundation 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, Ray H Marr Foundation generated $27.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 45.1% each year . All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 25.8% per year over the past 8 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.
Since 2015, Ray H Marr Foundation has awarded 133 individual grants totaling $3,199,391. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas W Bonner President | 40 | $336,375 | |
Connie Morris Secretary | 2 | $0 | |
Adam Reed Exec VP And Treas | 40 | $151,250 | |
Hugh Akin Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,344,538 |
| Interest on Savings | $16,690 |
| Dividends & Interest | $1,019,905 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$308,335 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $236,772 |
| Other Income | $775,188 |
| Total Revenue | $27,084,758 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $487,625 |
| Other employee salaries and wages | $90,000 |
| Pension plans, employee benefits | $90,271 |
| Interest | $0 |
| Taxes | $95,058 |
| Depreciation | $0 |
| Occupancy | $87,762 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $179,307 |
| Total operating and administrative expenses | $1,126,932 |
| Contributions, gifts, grants paid | $926,695 |
| Total expenses and disbursements | $2,053,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $952,786 |
| Savings and temporary cash investments | $1,335,269 |
| 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 | $2,946 |
| Net Land, buildings, and equipment | $11,172 |
| Other assets | $2,435,594 |
| Total assets | $44,071,759 |
| 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 |
Grants Awarded
Over the last fiscal year, Ray H Marr Foundation has awarded $926,695 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AZLEWAY INC PURPOSE: GENERAL SUPPORT CONTRIBUTION | $25,000 |
CHASE'S PLACE SCHOLARSHIP FUND PURPOSE: GENERAL SUPPORT CONTRIBUTION | $2,500 |
CLAYTON DABNEY FOUNDATION PURPOSE: GENERAL SUPPORT CONTRIBUTION | $2,500 |
DALLAS SYMPHONY ORCHESTRA PURPOSE: GENERAL SUPPORT CONTRIBUTION | $25,000 |
BOYS SCOUTS OF AMERICA PURPOSE: GENERAL SUPPORT CONTRIBUTION | $10,000 |
COLLIN COLLEGE FOUNDATION PURPOSE: GENERAL SUPPORT CONTRIBUTION | $100,000 |