Marlin Cole And Connie Belin Charitable Foundation
- Assets
- $5.0m
- Revenue
- $456.2k
- Investments
- $3.8m
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 03/1986
- Data as of
- 12/2023
- EIN
- 42-1263748
Organization Overview
Marlin Cole And Connie Belin Charitable Foundation is located in Phoenix, AZ. The organization was established in 1986. 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. Marlin Cole And Connie Belin Charitable 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, Marlin Cole And Connie Belin Charitable Foundation generated $456.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 52.0% each year . All expenses for the organization totaled $275.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marlin Cole And Connie Belin Charitable Foundation has awarded 252 individual grants totaling $1,834,731. 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.
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) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Belin President | 7.5 | $15,000 | |
Dr Thomas Richard Belin Vice-President | 1 | $0 | |
Joy Elizabeth Belin Director | 1 | $0 | |
James M Belin Secretary/treasurer | 1 | $51,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $53,944 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $402,220 |
| Capital Gain Net Income | $402,220 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $456,164 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,875 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,554 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,331 |
| Total operating and administrative expenses | $75,527 |
| Contributions, gifts, grants paid | $200,050 |
| Total expenses and disbursements | $275,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,255,817 |
| 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 | $1,682,170 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,033,266 |
| Accounts payable and accrued expenses | $13,015 |
| 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 | $13,015 |
Grants Awarded
Over the last fiscal year, Marlin Cole And Connie Belin Charitable Foundation has awarded $200,050 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
1000 FRIENDS OF IOWA PURPOSE: GENERAL OPERATING BUDGET | $9,750 |
AMERICANS FOR BEN-GURION UNIVERSITY PURPOSE: GENERAL OPERATING BUDGET | $1,000 |
BELIN-BLANK CENTER PURPOSE: TEACHER TRAINING | $30,000 |
CHRYSALIS FOUNDATION PURPOSE: EDUCATION PROGRAMS | $5,000 |
COMMON GOOD IOWA PURPOSE: GENERAL OPERATING BUDGET | $5,000 |
DES MOINES COMMUNITY PLAYHOUSE PURPOSE: LITERACY/EDUCATION PROGRAMS | $5,000 |