Margulf Foundation
- Assets
- $241.7m
- Revenue
- $12.9m
- Investments
- $227.6m
- Employees
- 0
- Location
- Glendale, CO
- Founding
- 06/1978
- Data as of
- 11/2022
- EIN
- 13-2927245
Organization Overview
Margulf Foundation is located in Glendale, CO. The organization was established in 1978. 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. Margulf Foundation 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 11/2022, Margulf Foundation generated $12.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $13.2m during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Margulf Foundation has awarded 641 individual grants totaling $44,750,152. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
ALL CHARITABLE CONTRIBUTIONS ARE MADE DIRECTLY TO ORGANIZATIONS THAT PROVIDE SCHOLARSHIPS, SUPPORT THE ARTS AND OTHER COMMUNITY SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Aybar Conti Chief Executive Officer | 40 | $296,250 | |
Sonya Marques-Correia Chief Financial Officer | 40 | $222,458 | |
Ankita Jhaveri Associate Director | 40 | $145,208 | |
Logan Boon Grants Coordinator | 40 | $107,333 | |
Dee Arias Coordinator | 40 | $79,600 | |
Jeremy Flug President | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Impact For Education Llc | 11/29/22 | $300,000 |
Northern Trust | 11/29/22 | $100,000 |
Monticello Associates Inc | 11/29/22 | $280,000 |
Wellington Trust Company | 11/29/22 | $122,202 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $414,951 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,463,514 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,065,893 |
| Capital Gain Net Income | $17,693,218 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,944,358 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $541,958 |
| Other employee salaries and wages | $338,804 |
| Pension plans, employee benefits | $134,450 |
| Interest | $0 |
| Taxes | $161,883 |
| Depreciation | $25,314 |
| Occupancy | $43,153 |
| Travel, conferences, and meetings | $27,160 |
| Printing and publications | $2,076 |
| Other expenses | $90,238 |
| Total operating and administrative expenses | $2,403,267 |
| Contributions, gifts, grants paid | $10,829,910 |
| Total expenses and disbursements | $13,233,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,184,713 |
| Savings and temporary cash investments | $7,472,176 |
| Net Accounts receivable | $18,480 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $4,110,407 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,318 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $227,646,777 |
| Net Land, buildings, and equipment | $169,386 |
| Other assets | $42,153 |
| Total assets | $241,666,410 |
| Accounts payable and accrued expenses | $67,119 |
| Grants payable | $15,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $21,277 |
| Total liabilities | $103,396 |
Grants Awarded
Over the last fiscal year, Margulf Foundation has awarded $10,864,910 in support to 142 organizations.
| Grant Recipient | Amount |
|---|---|
NEWSCHOOLS VENTURE FUND PURPOSE: GENERAL OPERATING SUPPORT | $750,000 |
40 SCHOOLS PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
LAUNCH NETWORK PURPOSE: GENERAL OPERATING SUPPORT | $400,000 |
Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $400,000 |
COLLABORATIVE HEALING INITIATIVE WITHIN COMMUNITIES (CHIC) PURPOSE: GENERAL OPERATING SUPPORT | $350,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
People-People-People Foundation Dated 4-19-2018 Scottsdale, AZ | $10,000,014 | $37,338,865 |
Bob And Renee Parsons Foundation Scottsdale, AZ | $28,086,912 | $26,506,603 |
Temple Hoyne Buell Foundation Denver, CO | $377,422,437 | $27,172,510 |
Dane G Hansen Foundation Logan, KS | $0 | $32,718,108 |