Marini Family Trust
- Assets
- $4.7m
- Revenue
- $265.2k
- Investments
- $4.4m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 02/1971
- Data as of
- 04/2024
- EIN
- 94-6073636
Organization Overview
Marini Family Trust is located in Las Vegas, NV. The organization was established in 1971. 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. Marini Family Trust 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 04/2024, Marini Family Trust generated $265.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $364.6k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Marini Family Trust has awarded 35 individual grants totaling $1,432,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $142,161 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $118,525 |
| Capital Gain Net Income | $118,525 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,477 |
| Total Revenue | $265,163 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $71,268 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,002 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $248 |
| Total operating and administrative expenses | $91,064 |
| Contributions, gifts, grants paid | $273,500 |
| Total expenses and disbursements | $364,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$104 |
| Savings and temporary cash investments | $354,843 |
| 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 | $480,726 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,732,129 |
| 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, Marini Family Trust has awarded $273,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF SAN FRANCISCO PURPOSE: GENERAL OPERATING | $200,000 |
ST PETER'S ITALIAN CATHOLIC CHURCH PURPOSE: GENERAL OPERATING | $20,000 |
HANNA BOYS CENTER PURPOSE: GENERAL OPERATING | $20,000 |
CHRIST EPISCOPAL CHURCH IN LOS ALTOS PURPOSE: GENERAL OPERATING | $13,000 |
ITALIAN COMMUNITY SERVICES PURPOSE: GENERAL OPERATING | $20,000 |
ST NICHOLAS CHURCH PURPOSE: GENERAL OPERATING | $500 |