Marchbanks Foundation Inc

Organization Overview

Marchbanks Foundation Inc is located in Bakersfield, CA. The organization was established in 2019. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marchbanks 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 12/2021, Marchbanks Foundation Inc generated $351.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 52.1% each year .

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO AID AND SUPPORT POOR NEEDY FAMILIES, SENIORS, CHILDREN,AND HOMELESS INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO AID AND SUPPORT POOR NEEDY FAMILIES, SENIORS, CHILDREN,AND HOMELESS INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Patrick Marchbanks
President/ceo
$0
Lori Marchbanks
Vice President/treasurer
$0
Lindy Keaveney
Vice President/secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$353,952
Noncash contributions included in lines 1a–1f $334,552
Total Revenue from Contributions, Gifts, Grants & Similar$353,952
Total Program Service Revenue$0
Investment income $1,610
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$3,760
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $351,802

Grants Awarded

Over the last fiscal year, Marchbanks Foundation Inc has awarded $20,350 in support to 2 organizations.

Grant RecipientAmount

ST JOHN'S LUTHERAN CHURCH

Org PageRecipient Profile

Bakersfield, CA

PURPOSE: SCHOOL SUPPORT

$14,350

CASA ESPERANZAHEARTS FOR HOPE

PURPOSE: TO HELP BREAK THE CYCLE OF HOMELESSNESS IN BAKERSFIELD.

$6,000
View Grant Profile

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