Mary Family Foundation
- Assets
- $1.5m
- Revenue
- $220.3k
- Investments
- $1.4m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 02/1995
- Data as of
- 12/2021
- EIN
- 72-1283123
Organization Overview
Mary Family Foundation is located in New Orleans, LA. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mary 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 12/2021, Mary Family Foundation generated $220.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $53.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mary Family Foundation has awarded 121 individual grants totaling $560,974. 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 |
|---|---|---|---|
Lynn B Mary President | 3 | $0 | |
Brandon Mary Director | 0 | $0 | |
Charles C Mary III Director | 0 | $0 | |
Cameron M Mary Director | 0 | $0 | |
Charlotte Zink Director | 0 | $0 | |
Mignonne Hammel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $31,145 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $189,183 |
| Capital Gain Net Income | $189,183 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $220,329 |
| 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 | $165 |
| Other expenses | $74 |
| Total operating and administrative expenses | $36,730 |
| Contributions, gifts, grants paid | $16,500 |
| Total expenses and disbursements | $53,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,184 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,490,111 |
| 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, Mary Family Foundation has awarded $16,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
New Orleans, LA PURPOSE: GENERAL SUPPORT | $5,000 |
CHRISTIAN BROTHERS PURPOSE: GENERAL SUPPORT | $5,000 |
BERTHOUD ARTS HUMMANITIES ASSOCIATI PURPOSE: GENERAL SUPPORT | $3,000 |
JESTERS CLUB PURPOSE: GENERAL SUPPORT | $1,500 |
LOYOLA UNIVERSITY LAW SCHOOL PURPOSE: GENRAL SUPPORT | $1,000 |
ACCESS PREGNANCY CENTER PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jane P And Wiley L Mossy Jr Foundation Houston, TX | $339,084 | $6,855,893 |
Oakwood Foundation Charitable Tr Tupelo, MS | $13,916,638 | $13,351,239 |
Gene And Jerry Jones Family-Dallas Cowboys Charities Frisco, TX | $3,095,461 | $7,273,707 |
Marshall Legacy Foundation Metairie, LA | $37,157,594 | $21,197,543 |
Marshall Heritage Foundation Metairie, LA | $15,210,686 | $21,134,216 |
Mary E Bivins Trust Amarillo, TX | $23,577,867 | $7,091,283 |
Norman H Read 1985 Trust Amarillo, TX | $61,022,769 | $8,703,971 |
Arlene And Joseph Meraux Charitable Foundation Violet, LA | $95,291,949 | $9,307,858 |
East Texas Medical Center Regional Healthcare System Tyler, TX | $164,248,819 | $57,646,365 |
James A Buddy Davidson Charitable Foundation Midland, TX | $104,683,845 | $20,028,427 |
Tejemos Foundation San Antonio, TX | $56,096,568 | $3,968,002 |
H E B Tournament Of Champions Charitable Tr San Antonio, TX | $9,707,479 | $8,431,787 |