Marbrook Foundation
- Assets
- $14.1m
- Revenue
- $759.1k
- Investments
- $13.0m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 02/1950
- Data as of
- 12/2019
- EIN
- 41-6019899
Organization Overview
Marbrook Foundation is located in Minneapolis, MN. The organization was established in 1950. 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.
For the year ending 12/2019, Marbrook Foundation generated $759.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $953.1k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Marbrook Foundation has awarded 556 individual grants totaling $4,866,380. 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 |
|---|---|---|---|
Markell Brooks Trustee | 1 | $0 | |
Markell Kiefer Trustee | 1 | $0 | |
Edward Brooks Trustee | 1 | $0 | |
Katherine Brooks Trustee | 1 | $0 | |
Sarah K Brooks Trustee | 1 | $0 | |
William R King Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $323,458 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $410,246 |
| Capital Gain Net Income | $410,246 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,426 |
| Total Revenue | $759,130 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,306 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $76,665 |
| Total operating and administrative expenses | $289,563 |
| Contributions, gifts, grants paid | $663,500 |
| Total expenses and disbursements | $953,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,022,120 |
| 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 | $14,062,652 |
| 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, Marbrook Foundation has awarded $287,750 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNIDADES LATINAS UNIDAS EN SERVICIO (CLUES) PURPOSE: GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
COALITION OF ASIAN AMERICAN LEADERS PURPOSE: GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |
IMMIGRANT LAW CENTER OF MN PURPOSE: GENERAL OPERATIONS OF THE ORGANIZATION | $12,250 |
GREEN CARD VOICES PURPOSE: GENERAL OPERATIONS OF THE ORGANIZATION | $12,000 |
INTERNATIONAL INSTITUTE OF MINNESOTA PURPOSE: GENERAL OPERATIONS OF THE ORGANIZATION | $12,000 |
ACHIEVE MPLS PURPOSE: GENERAL OPERATIONS OF THE ORGANIZATION | $10,000 |