Marino Family Foundation Inc
- Assets
- $277.6k
- Revenue
- $14.8k
- Investments
- $262.0k
- Employees
- 0
- Location
- Lancaster, PA
- Founding
- 10/2006
- Data as of
- 12/2023
- EIN
- 20-3863090
Organization Overview
Marino Family Foundation Inc is located in Lancaster, PA. The organization was established in 2006. 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. Marino 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 12/2023, Marino Family Foundation Inc generated $14.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $26.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marino Family Foundation Inc has awarded 60 individual grants totaling $329,710. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph W Marino Pres/treas/director | 1 | $0 | |
Marguerite M Marino Vp/sec/director | 1 | $0 | |
Gene P Otto Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,980 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,795 |
| Capital Gain Net Income | $5,795 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,784 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $203 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,554 |
| Contributions, gifts, grants paid | $24,580 |
| Total expenses and disbursements | $26,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $15,550 |
| 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 | $50,583 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $277,555 |
| 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, Marino Family Foundation Inc has awarded $24,580 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
YWCA OF LANCASTER PURPOSE: GENERAL SUPPORT | $500 |
MISSION ZERO PURPOSE: GENERAL SUPPORT | $5,000 |
SUSQUEHANNA SERVICE DOGS PURPOSE: GENERAL SUPPORT | $4,000 |
PROJ KENNY PURPOSE: GENERAL SUPPORT | $4,580 |
OLIVIAS HOUSE PURPOSE: GENERAL SUPPORT | $3,000 |
THE BELMONT THEATRE PURPOSE: GENERAL SUPPORT | $4,500 |