John Keith And Marilyn Joan Quinn Drake Family Charitable Foundation
- Assets
- $597.9k
- Revenue
- $133.2k
- Investments
- $577.1k
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 04/1993
- Data as of
- 12/2023
- EIN
- 38-3068965
Organization Overview
John Keith And Marilyn Joan Quinn Drake Family Charitable Foundation is located in Grand Rapids, MI. The organization was established in 1993. 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. John Keith And Marilyn Joan Quinn Drake Family Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, John Keith And Marilyn Joan Quinn Drake Family Charitable Foundation has awarded 92 individual grants totaling $804,099. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Drake President | 5 | $0 | |
Leann Rowland Sec/treas | 3 | $0 | |
Rosemarie Drake Trustee | 1 | $0 | |
Kathleen Bolthouse Trustee | 1 | $0 | |
Joanne Cooke Trustee | 1 | $0 | |
John Drake Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,953 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $121,271 |
| Capital Gain Net Income | $121,271 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $133,224 |
| 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 | $1,300 |
| Total operating and administrative expenses | $22,900 |
| Contributions, gifts, grants paid | $137,475 |
| Total expenses and disbursements | $160,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,729 |
| 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 | $211,585 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $597,865 |
| 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, John Keith And Marilyn Joan Quinn Drake Family Charitable Foundation has awarded $137,475 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AQUINAS COLLEGE PURPOSE: MUSIC SCHOLARSHIP | $2,400 |
BREAD OF LIFE PURPOSE: GENERAL FUND | $5,000 |
DOMINICAN SISTERS GRAND RAPIDS PURPOSE: VARIOUS | $3,000 |
PATHFINDER COMMUNITY LIBRARY PURPOSE: VARIOUS | $1,500 |
LAKE COUNTY SENIOR SERVICES PURPOSE: GENERAL FUND | $5,000 |
GRAND RAPIDS ART MUSEUM PURPOSE: VARIOUS | $2,500 |