J Willard And Alice S Marriott Foundation
- Assets
- $442.5m
- Revenue
- $13.2m
- Investments
- $416.2m
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 11/1966
- Data as of
- 12/2020
- EIN
- 52-6068678
Organization Overview
J Willard And Alice S Marriott Foundation is located in Bethesda, MD. The organization was established in 1966. 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.
For the year ending 12/2020, J Willard And Alice S Marriott Foundation generated $13.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $46.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mieka Wick Executive Director | 40 | $390,577 | |
Michelle Logsdon Director Of Finance | 40 | $151,129 | |
Carmen Wong Program Manager | 40 | $142,161 | |
Joy Dong Program Director | 40 | $131,560 | |
Andrea Balance Operations Manager | 40 | $100,114 | |
Sonnie Thuo Grants Manager | 40 | $78,018 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Faegre Drinkler Biddle & Reath Llp | 12/30/20 | $87,608 |
Dr Scott A Waldman | 12/30/20 | $50,000 |
Dr Timothy J Nelson | 12/30/20 | $60,000 |
Harbor Investment Advisory Llc | 12/30/20 | $156,780 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,420,810 |
| Dividends & Interest | $6,343,256 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,184,398 |
| Capital Gain Net Income | $4,184,398 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $236,603 |
| Total Revenue | $13,185,067 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $673,266 |
| Other employee salaries and wages | $474,212 |
| Pension plans, employee benefits | $277,530 |
| Interest | $625 |
| Taxes | $243,609 |
| Depreciation | $844 |
| Occupancy | $78,608 |
| Travel, conferences, and meetings | $28,398 |
| Printing and publications | $0 |
| Other expenses | $179,117 |
| Total operating and administrative expenses | $2,444,705 |
| Contributions, gifts, grants paid | $44,058,879 |
| Total expenses and disbursements | $46,503,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,422,890 |
| Net Accounts receivable | $109 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $824,620 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $24,039,333 |
| Net Land, buildings, and equipment | $2,320 |
| Other assets | $0 |
| Total assets | $442,454,034 |
| Accounts payable and accrued expenses | $15,961 |
| 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 | $15,961 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Msi-Us Washington, DC | $990,464 | $54,630,801 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $442,454,034 | $13,185,067 |
Service Coordination Inc Frederick, MD | $15,487,137 | $41,747,594 |
Jack Kent Cooke Foundation Lansdowne, VA | $677,608,517 | $25,844,131 |
Bainum Family Foundation Bethesda, MD | $620,744,287 | $60,288,788 |
Dietrich Foundation Pittsburgh, PA | $1,082,174,638 | $76,422,895 |
Public Welfare Foundation Inc Washington, DC | $0 | $26,354,765 |
Gottesman Fund Washington, DC | $272,687,059 | $28,182,500 |
The American Electric Power System Retiree Medical Benefit Trust For Pittsburgh, PA | $543,271,915 | $36,843,160 |
The Powder Mill Foundation York, PA | $152,572,240 | $118,489,995 |
Freedom Forum Inc Washington, DC | $742,201,225 | $15,225,816 |
Lor Foundation Inc West Chester, PA | $331,572,174 | $10,777,597 |