Marjorie H Turley And Joseph F Turley Family Foundation Inc
- Assets
- $1.4m
- Revenue
- $423.8k
- Investments
- $1.3m
- Employees
- 0
- Location
- Indian River Shores, FL
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-3184287
Organization Overview
Marjorie H Turley And Joseph F Turley Family Foundation Inc is located in Indian River Shores, FL. The organization was established in 2019. 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. Marjorie H Turley And Joseph F Turley Family 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, Marjorie H Turley And Joseph F Turley Family Foundation Inc generated $423.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $98.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Marjorie H Turley And Joseph F Turley Family Foundation Inc has awarded 17 individual grants totaling $245,000. 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 |
|---|---|---|---|
Marjorie Turley Chair | 0.19 | $0 | |
Jeanne Peterson Vice Chairman | 0.12 | $0 | |
Elizabeth Gerlach Treasurer | 0.76 | $0 | |
Margaret Harpin Secretary | 0.22 | $0 | |
Margaret Dillon Director | 0.12 | $0 | |
Cynthia Brzezinski Director | 0.12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,729 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,907 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $328,203 |
| Capital Gain Net Income | $328,203 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $423,839 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,377 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,754 |
| Total operating and administrative expenses | $28,245 |
| Contributions, gifts, grants paid | $70,000 |
| Total expenses and disbursements | $98,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,253 |
| Savings and temporary cash investments | $0 |
| 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 | $98,429 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,402,138 |
| 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, Marjorie H Turley And Joseph F Turley Family Foundation Inc has awarded $70,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHOICE IN AGING PURPOSE: FUNDING FOR THE AGING IN PLACE CAMPUS PHASE #1 EXPANSION, CIA INTERGENERATIONAL PRESCHOOL (CURRENTLY UNDER CONSTRUCTION), EMERGENCY NEEDS OF CIA CLIENTS WHO ARE ABLE TO REMAIN IN THEIR HOMES. | $30,000 |
SMITH COLLEGE IDA COMSTOCK SCHOLARS PROGRAM PURPOSE: SCHOLARSHIPS FOR IDA COMSTOCK SCHOLARS (STUDENTS OLDER THAN 22) | $25,000 |
YEAR UP INC PURPOSE: YEAR UP DIRECT SERVICE WORKFORCE DEVELOPMENT PROGRAM IN GREATER BOSTON AND RHODE ISLAND FROM SKILL BUILDING TO SUPPORTIVE SERVICES. | $15,000 |