March Foundation 11131998 is located in Plano, TX. The organization was established in 1999. 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 Foundation 11131998 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 12/2022, March Foundation 11131998 generated $260.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $210.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, March Foundation 11131998 has awarded 74 individual grants totaling $619,628. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elze E Epps Treasurer Treasurer | 3 | $0 | |
Mel Smith Chairman | 2 | $0 | |
Bruce Trotter Vice Chairman | 1 | $0 | |
Don Wofford Secretary | 1 | $0 | |
Kenneth Jarvis Chairman Emeritus | 0 | $0 | |
James Castillo Founding Member | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $215,990 |
Interest on Savings | $0 |
Dividends & Interest | $25,689 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $17,597 |
Capital Gain Net Income | $17,597 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $687 |
Total Revenue | $259,963 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $452 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $14,131 |
Printing and publications | $0 |
Other expenses | $11,358 |
Total operating and administrative expenses | $36,705 |
Contributions, gifts, grants paid | $173,870 |
Total expenses and disbursements | $210,575 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $223,726 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,127,116 |
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, March Foundation 11131998 has awarded $173,870 in support to 17 organizations.
Grant Recipient | Amount |
---|---|
CREATE YOUR DREAM INC PURPOSE: GENERAL | $10,000 |
BILL DICKEY SCHOLARSHIP ASSOC INC PURPOSE: GENERAL | $11,800 |
THE FIRST TEE OF ATLANTA PURPOSE: GENERAL | $3,700 |
PAUL QUINN COLLEGE PURPOSE: GENERAL | $50,000 |
GEORGE MASON UNIVERSITY PURPOSE: GENERAL | $5,000 |
BILL DICKEY 1ST GENERATION PURPOSE: GENERAL | $10,000 |