Mariner Sands Foundation Inc
- Assets
- $188.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stuart, FL
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 80-0037474
Organization Overview
Mariner Sands Foundation Inc is located in Stuart, FL. The organization was established in 2002. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mariner Sands Foundation Inc 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, Mariner Sands Foundation Inc generated $58.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $94.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION HAS BEEN ESTABLISHED TO SUPPORT THE IMMIGRANT AND UNDERPRIVILEGED POPULATION IN MARTIN COUNTY, FLORIDA WHOSE NEEDS ARE NOT BEING MET BY THE EXISTING CHARITIES IN THE AREA.
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION HAS AWARDED GRANTS TO SEVEN CHARITABLE ORGANIZATIONS SERVING THE AREA IN AND AROUND MARTIN COUNTY, FLORIDA- INDIAN RIVER STATE COLLEGE FOUNDATION - CHRIST CHILD SOCIETY- THE FRIENDS OF VOLUNTEERS IN MEDICINE- HOPE RURAL SCHOOL- MISS, INC.- LOVE AND HOPE IN ACTION- ST. VINCENT DEPAUL SOCIETY
THE FOUNDATION HAS GIVEN GRANTS AND LOANS TO THIRTY FIVE INDIVIDUALS AND THEIR FAMILIES OF MARTIN COUNTY, FLORIDA FOR TRANSPORTATION, SHELTER, MEDICAL, AND EDUCATION EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Forsyth Director, Chairman | 3 | $0 | |
Lawrence Duane Jr Director, President | 8 | $0 | |
Peter M Frank Director, Vice President | 4 | $0 | |
Edward Fanning Director, Treasurer | 6 | $0 | |
Don Mccallister Director | 0.5 | $0 | |
William Murphy Director, Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,652 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $119 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $21,214 |
| Other Revenue | $0 |
| Total Revenue | $57,985 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $787 |
| Other expenses | $36,733 |
| Total expenses | $94,812 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,813 |
| Other assets | $0 |
| Total assets | $187,981 |
| Total liabilities | $0 |
| Net assets or fund balances | $187,981 |