Marion Technical College Foundation Inc

Organization Overview

Marion Technical College Foundation Inc is located in Marion, OH. The organization was established in 1986. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marion Technical College 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 06/2022, Marion Technical College Foundation Inc generated $279.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 38.9% each year . All expenses for the organization totaled $132.0k during the year ending 06/2022. While expenses have increased by 17.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

FINANCIAL ASSISTANCE AND EDUCATIONAL MATERIALS TO MARION TECHNICAL COLLEGE AND ITS STUDENTS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $211,048
Interest on Savings $0
Dividends & Interest $29,739
Net Rental Income$0
Net Gain on Sale of Assets $38,611
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $279,398

Grants Awarded

Over the last fiscal year, Marion Technical College Foundation Inc has awarded $97,162 in support to 2 organizations.

Grant RecipientAmount

SCHOLARSHIPS

PURPOSE: SCHOLARSHIPS

$75,316

CONTRIBUTIONS

PURPOSE: CONTRIBUTIONS

$21,846
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Marion Technical College Foundation Inc has recieved totaling $1,500.

Awarding OrganizationAmount
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$1,500
View Grant Recipient Profile

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