J Willard And Alice S Marriott Foundation
- Assets
- $441.3m
- Revenue
- $31.8m
- Investments
- $427.1m
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 11/1966
- Data as of
- 12/2021
- 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. J Willard And Alice S Marriott 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 12/2021, J Willard And Alice S Marriott Foundation generated $31.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $41.5m during the year ending 12/2021. 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 | $404,215 | |
Michelle Logsdon Sr. Director Of Finance | 40 | $143,167 | |
Jen Lawrence Program Director | 40 | $139,179 | |
Carmen Wong Program Director | 40 | $130,433 | |
Andrea Balance Special Assist To Ed | 40 | $98,444 | |
Sonnie Thuo Grants Manager | 40 | $67,759 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Faegre Drinkler Biddle & Reath Llp | 12/30/21 | $165,840 |
Dr Timothy J Nelson | 12/30/21 | $65,000 |
Dr Scott A Waldman | 12/30/21 | $55,000 |
Harbor Investment Advisory Llc | 12/30/21 | $193,814 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,082,452 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,589,628 |
| Capital Gain Net Income | $23,589,628 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $168,459 |
| Total Revenue | $31,840,539 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $547,382 |
| Other employee salaries and wages | $488,880 |
| Pension plans, employee benefits | $301,417 |
| Interest | $0 |
| Taxes | $354,026 |
| Depreciation | $527 |
| Occupancy | $95,475 |
| Travel, conferences, and meetings | $7,500 |
| Printing and publications | $0 |
| Other expenses | $213,702 |
| Total operating and administrative expenses | $2,554,983 |
| Contributions, gifts, grants paid | $38,976,560 |
| Total expenses and disbursements | $41,531,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,145,666 |
| 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 | $1,121,734 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $20,498,653 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $441,340,618 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
William Penn Foundation Philadelphia, PA | $0 | $175,834,650 |
The Heinz Endowments Pittsburgh, PA | $0 | $54,378,087 |
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |