March Family Foundation
- Assets
- $157.9k
- Revenue
- $387.9k
- Investments
- $2.6k
- Employees
- 0
- Location
- Woodland Hills, CA
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 20-6627496
Organization Overview
March Family Foundation is located in Woodland Hills, CA. The organization was established in 2005. 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. March Family 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 12/2021, March Family Foundation generated $387.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $346.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, March Family Foundation has awarded 196 individual grants totaling $3,351,077. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy Hilton March Trustee | 0 | $0 | |
Barbara Baldieri March Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $395,961 |
| Interest on Savings | $2 |
| Dividends & Interest | $488 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,549 |
| Capital Gain Net Income | $282,366 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $387,902 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,972 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $116 |
| Total operating and administrative expenses | $3,088 |
| Contributions, gifts, grants paid | $343,132 |
| Total expenses and disbursements | $346,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,222 |
| Savings and temporary cash investments | $1,091 |
| 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 | $2,595 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $157,908 |
| Accounts payable and accrued expenses | $115,698 |
| 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 | $115,698 |
Grants Awarded
Over the last fiscal year, March Family Foundation has awarded $343,132 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CHOSEN INC PURPOSE: GENERAL CONTRIBUTION | $9,999 |
LUPUS RESEARCH ALLIANCE PURPOSE: GENERAL CONTRIBUTION | $100,000 |
JOHN HOPKINS MEDICINE PURPOSE: GENERAL CONTRIBUTION | $2,500 |
LA WATERKEEPER PURPOSE: GENERAL CONTRIBUTION | $5,133 |
OUR LADY OF MALIBU PURPOSE: GENERAL CONTRIBUTION | $30,000 |
ORINDA NETWORK FOR EDUCATION PURPOSE: GENERAL CONTRIBUTION | $2,500 |