Douglas B Marshall Jr Family Foundation
- Assets
- $26.3m
- Revenue
- $2.7m
- Investments
- $25.1m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 76-0664812
Organization Overview
Douglas B Marshall Jr Family Foundation is located in Houston, TX. The organization was established in 2002. 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. Douglas B Marshall Jr 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 12/2022, Douglas B Marshall Jr Family Foundation generated $2.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. While expenses have increased by 5.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Douglas B Marshall Jr Family Foundation has awarded 166 individual grants totaling $18,049,421. 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 |
|---|---|---|---|
Douglas B Marshall III President/director | 5 | $0 | |
Amrita Ahuja Vp/director | 1 | $0 | |
Rebecca Dietz Secretary | 6 | $0 | |
Robert T Arnold Treasurer/director | 1 | $0 | |
Valmik Ahuja Director | 1 | $0 | |
Tracy Kimmel Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $988,018 |
| Interest on Savings | $0 |
| Dividends & Interest | $503,593 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,088,268 |
| Capital Gain Net Income | $1,081,261 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $163,183 |
| Total Revenue | $2,743,062 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $85,641 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $181,939 |
| Total operating and administrative expenses | $470,965 |
| Contributions, gifts, grants paid | $2,087,402 |
| Total expenses and disbursements | $2,558,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,185,061 |
| Net Accounts receivable | $62,291 |
| 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 | $11,902,174 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,342,279 |
| 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, Douglas B Marshall Jr Family Foundation has awarded $3,355,081 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
PRECISION DEVELOPMENT INC PURPOSE: GENERAL SUPPORT | $10,000 |
LEUKEMIA & LYMPHOMA SOCIETY INC PURPOSE: GENERAL SUPPORT | $5,000 |
GDI SOLUTIONS LLC PURPOSE: GENERAL SUPPORT | $500,000 |
CENTRAL SQUARE FOUNDATION PURPOSE: GENERAL SUPPORT | $75,000 |
CENTER FOR NEW AMERICAN MEDIA PURPOSE: GENERAL SUPPORT | $10,000 |
YOUNG 1OVE FOUNDATION PURPOSE: GENERAL SUPPORT | $100,000 |