Marsh Family Foundation
- Assets
- $1.7m
- Revenue
- $163.5k
- Investments
- $1.6m
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 06/2012
- Data as of
- 12/2022
- EIN
- 27-5154810
Organization Overview
Marsh Family Foundation is located in Pennington, NJ. The organization was established in 2012. 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. Marsh Family 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, Marsh Family Foundation generated $163.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $82.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Marsh Family Foundation has awarded 14 individual grants totaling $247,400. 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 |
|---|---|---|---|
Kevin Checkett Co-Trustee | 1 | $5,188 | |
Bank Of America N A Co-Trustee | 2 | $25,468 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $79,979 |
| Interest on Savings | $0 |
| Dividends & Interest | $40,293 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,231 |
| Capital Gain Net Income | $43,231 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $163,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,656 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,938 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $694 |
| Total operating and administrative expenses | $35,288 |
| Contributions, gifts, grants paid | $47,400 |
| Total expenses and disbursements | $82,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,448 |
| Savings and temporary cash investments | $41,085 |
| 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 | $365,720 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,651,043 |
| 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, Marsh Family Foundation has awarded $47,400 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CARTHAGE PUBLIC LIBRARY PURPOSE: GENERAL OPERATING | $27,400 |
PRESBYTERIAN CHURCH CHAPEL OF GRACE PURPOSE: GENERAL OPERATING | $10,000 |
COMMUNITY FOUNDATION OF THE OZARKS INC PURPOSE: GENERAL OPERATING | $10,000 |