The@marshall Home Fund Inc
- Assets
- $1.2m
- Revenue
- $38.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Watertown, MA
- Founding
- 11/2005
- Data as of
- 12/2023
- EIN
- 33-1122321
Organization Overview
The@marshall Home Fund Inc is located in Watertown, MA. The organization was established in 2005. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, 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. The@marshall Home Fund 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, The@marshall Home Fund Inc generated $38.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $97.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, The@marshall Home Fund Inc has awarded 258 individual grants totaling $795,870. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MADE A GRANT TO OR ON BEHALF OF UNDERSERVED ELDERLY INDIVIDUALS.
THE ORGANIZATION MADE 19 GRANTS TO ORGANIZATIONS FOR THE BENEFIT OF UNDERSERVED ELDERLY INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carole Katz Co-President/dir. | 1.5 | $0 | |
David Leon Co-President/dir. | 1.5 | $0 | |
Martha Scott Vice President/dir. | 1.5 | $0 | |
David W Downes Treasurer/dir. | 1.5 | $0 | |
Lorraine Clifford Asst. Treas./dir. | 1.5 | $0 | |
John Hawes Secretary/dir. | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,250 |
| Interest on Savings | $0 |
| Dividends & Interest | $32,247 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $6,584 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,497 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $8,480 |
| Pension plans, employee benefits | $993 |
| Interest | $0 |
| Taxes | $3,321 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,551 |
| Total operating and administrative expenses | $20,465 |
| Contributions, gifts, grants paid | $77,275 |
| Total expenses and disbursements | $97,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,921 |
| Savings and temporary cash investments | $48,317 |
| 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 | $1,152,635 |
| 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, The@marshall Home Fund Inc has awarded $77,275 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ELDERLY RESIDENTS PURPOSE: HOLIDAY GIFTS FORELDERLYRESIDENTS | $275 |
PERKINS SCHOOL FOR THE BLIND PURPOSE: THRIVING WITHVISION LOSSPROGRAM | $5,000 |
WATERTOWN COUNCIL ON AGING PURPOSE: SUPPLEMENTAL TRANSPORTATIONFOR SENIORS | $2,000 |
WATERTOWN COUNCIL ON AGING PURPOSE: EMERGENCYASSISTANCE BLOCK GRANT | $5,000 |
MASS ASSOC FOR THE BLIND PURPOSE: ACCESS TECHNOLOGYTRAINING FORSENIORS | $7,000 |
MOSESIAN CENTER FOR THE ARTS PURPOSE: AGING CREATIVELY | $6,500 |