Marksbury Family Foundation Inc
- Assets
- $13.6m
- Revenue
- $264.6k
- Investments
- $11.6m
- Employees
- 0
- Location
- Nicholasville, KY
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 26-4737208
Organization Overview
Marksbury Family Foundation Inc is located in Nicholasville, KY. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marksbury 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 12/2021, Marksbury Family Foundation Inc generated $264.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (35.1%) each year. All expenses for the organization totaled $528.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Marksbury Family Foundation Inc has awarded 57 individual grants totaling $3,998,447. 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 |
|---|---|---|---|
Davis L Marksbury III Director | 0.25 | $0 | |
Beverly E Marksbury Treasurer/secretary | 0.25 | $0 | |
Stacie Marksbury Director | 0.25 | $0 | |
Doris G Marksbury Director | 0.25 | $0 | |
Logan Marksbury Executive Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,213 |
| Interest on Savings | $39,803 |
| Dividends & Interest | $222,564 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $264,580 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,629 |
| Total operating and administrative expenses | $9,729 |
| Contributions, gifts, grants paid | $518,947 |
| Total expenses and disbursements | $528,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,996,530 |
| 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 | $11,561,781 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $32,073 |
| Total assets | $13,590,384 |
| 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, Marksbury Family Foundation Inc has awarded $518,947 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Lexington, KY PURPOSE: DONATION TO ENHANCE QUALITY OF LIFE IN THE BLUEGRASS REGION | $320,000 |
Lexington, KY PURPOSE: DONATION TO PROVIDE SERVICES FOR HEARING, SPEECH, AND LANGUAGE IMPAIRED INDIVIDUALS | $173,947 |
KEENSTART PURPOSE: DONATION TO AID STUDENTS IN THEIR JOURNEY TOWARDS BECOMING ENTREPRENEURS AND KEY BUSINESS LEADERS IN COMMUNITIES ACROSS KENTUCKY | $15,000 |
Lexington, KY PURPOSE: DONATION TO AID IN GOAL OF BUILDING THE ENTREPRENEURIAL COMMUNITY IN KENTUCKY | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Childrens Home & Aid Society Of Illinois Chicago, IL | $55,063,389 | $78,192,284 |
Lutheran Social Services Of Illinois Des Plaines, IL | $62,918,656 | $74,591,812 |
Talbert House Cincinnati, OH | $31,118,204 | $71,372,789 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Graceworks Lutheran Services Dayton, OH | $148,547,516 | $59,310,713 |
Stepforward Cleveland, OH | $18,985,030 | $54,230,994 |
Cincinnati-Hamilton County Community Action Agency Cincinnati, OH | $18,344,887 | $51,573,356 |
Catholic Charities Corporation Cleveland, OH | $62,419,322 | $52,175,078 |
Great Lakes Community Action Partnership Fremont, OH | $28,522,004 | $53,103,851 |
Ada S Mckinley Community Services Inc Chicago, IL | $17,309,260 | $43,710,701 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |