Donald W & Marguerite J Paul Foundation
- Assets
- $332.5k
- Revenue
- $8.6k
- Investments
- $330.5k
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 03/1999
- Data as of
- 12/2023
- EIN
- 34-1881146
Organization Overview
Donald W & Marguerite J Paul Foundation is located in Cleveland, OH. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Donald W & Marguerite J Paul 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, Donald W & Marguerite J Paul Foundation generated $8.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $30.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Donald W & Marguerite J Paul Foundation has awarded 62 individual grants totaling $220,500. 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 |
|---|---|---|---|
Marguerite J Paul President | 0 | $0 | |
Marguerite J Paul Secretary | 0 | $0 | |
Hugh J Morgan Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $912 |
| Dividends & Interest | $7,847 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$170 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,589 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $100 |
| Total operating and administrative expenses | $7,143 |
| Contributions, gifts, grants paid | $23,000 |
| Total expenses and disbursements | $30,143 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $330,505 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,000 |
| Total assets | $332,505 |
| 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, Donald W & Marguerite J Paul Foundation has awarded $23,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CAFE OF LIFE INC PURPOSE: FOOD PANTRY | $3,000 |
SALVATION ARMY OF SW FLORIDA PURPOSE: GENERAL APPEAL | $4,000 |
EDMUNDITE MISSIONS PURPOSE: GENERAL | $3,000 |
DOMINICAN SISTERS OF ST CECELIA CON PURPOSE: ANNUAL FUND | $4,000 |
ST JOSEPH CHURCH PURPOSE: GENERAL FUND | $4,000 |
BOWLING GREEN STATE UNIVERSITY PURPOSE: 2023 SCHOLARSHIP FOR LADDIE ALCOCER | $2,500 |