Marie Eccles Caine Foundation- Russell Family is located in Whitefish, MT. The organization was established in 1981. 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. Marie Eccles Caine Foundation- Russell Family 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 05/2023, Marie Eccles Caine Foundation- Russell Family generated $667.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $776.1k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Marie Eccles Caine Foundation- Russell Family has awarded 78 individual grants totaling $3,433,296. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Russell-Shaw Trustee | 5 | $0 | |
Daniel C Russell Trustee | 1.5 | $0 | |
David E Russell Trustee | 1.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $52,981 |
| Dividends & Interest | $296,591 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $317,795 |
| Capital Gain Net Income | $317,795 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $667,367 |
| 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 | $0 |
| Other expenses | $60,565 |
| Total operating and administrative expenses | $60,565 |
| Contributions, gifts, grants paid | $715,500 |
| Total expenses and disbursements | $776,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,731 |
| 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 | $16,700,795 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,882,526 |
| 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 |
Over the last fiscal year, Marie Eccles Caine Foundation- Russell Family has awarded $715,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHAM CITY FINE ARTS COUNCIL PURPOSE: GENERAL OPERATING | $7,500 |
PBS UTAH PURPOSE: GENERAL OPERATING | $15,000 |
RIRIE-WOODBURY PURPOSE: GENERAL OPERATING | $10,000 |
BOX ELDER SCHOOL DISTRICT FOUNDATIO PURPOSE: GENERAL OPERATING | $7,500 |
CHAMBER MUSIC SOCIETY OF LOGAN PURPOSE: GENERAL OPERATING | $20,000 |
USU CAINE COLLEGE OF THE ARTS PURPOSE: SCHOLARSHIPS & PROGRAM SUPPORT | $486,000 |