Marcus Foundation
- Assets
- $1.1m
- Revenue
- $220.3k
- Investments
- $826.2k
- Employees
- 0
- Location
- Denver, CO
- Founding
- 06/2009
- Data as of
- 12/2023
- EIN
- 26-3610094
Organization Overview
Marcus Foundation is located in Denver, CO. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Marcus 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 12/2023, Marcus Foundation generated $220.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 42.6% each year . All expenses for the organization totaled $85.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2013, Marcus Foundation has awarded 110 individual grants totaling $477,200. 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
THE FOUNDATION UNDERSTANDS COMMUNITY FOOD RESOURCES TO ENCOMPASS A WEB OF ISSUES RELATED TO HUNGER, INCLUDING POVERTY, COMMUNITY DEVELOPMENT AND ECONOMIC POLICY. SUSTAINABILITY IS BOTH A PRINCIPLE AND A PRACTICE THAT OBLIGES US TO CAREFULLY CONSIDER THE CONSEQUENCES OF TODAY'S ACTIONS ON THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan J Halperin President | 0 | $15,000 | |
Amy Halperin Wood Vice Preside | 0 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,065 |
| Dividends & Interest | $10,863 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,844 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $155,538 |
| Total Revenue | $220,310 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,559 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,224 |
| Printing and publications | $0 |
| Other expenses | $5,528 |
| Total operating and administrative expenses | $51,117 |
| Contributions, gifts, grants paid | $34,000 |
| Total expenses and disbursements | $85,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,159 |
| Savings and temporary cash investments | $266,410 |
| 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 | $1,122,734 |
| Accounts payable and accrued expenses | $4,056 |
| 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 | $4,056 |
Grants Awarded
Over the last fiscal year, Marcus Foundation has awarded $34,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AG & FOOD LAB PURPOSE: GENERAL OPERATING | $1,000 |
CERES INC PURPOSE: OPERATING | $5,000 |
CLAYTON EARLY LEARNING PURPOSE: GENERAL OPERATING | $1,000 |
COMMUNITY FOOD ADVOCATES PURPOSE: OPERATING | $1,000 |
DENVER BOTANIC GARDENS PURPOSE: GENERAL OPERATING | $5,000 |
DENVER URBAN GARDENS PURPOSE: GENERAL OPERATING | $6,500 |