The@marksewing Family Foundation
- Assets
- $6.5k
- Revenue
- $55.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 42-1531769
Organization Overview
The@marksewing Family Foundation is located in Akron, OH. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. The@marksewing Family Foundation 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 12/2022, The@marksewing Family Foundation generated $55.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $87.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, The@marksewing Family Foundation has awarded 128 individual grants totaling $159,788. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeannine Marks Trustee | 1 | $0 | |
Steven L Marks Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $55,532 |
| Interest on Savings | $28 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$202 |
| Capital Gain Net Income | $16,529 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,358 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $800 |
| Contributions, gifts, grants paid | $86,200 |
| Total expenses and disbursements | $87,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,511 |
| Savings and temporary cash investments | $0 |
| 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 | $6,511 |
| 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@marksewing Family Foundation has awarded $86,200 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
STEWARTS CARING PLACE PURPOSE: SUPPORT CHARITABLE PURPOSE OF ORGANIZATION | $25,300 |
UNIVERSITY OF AKRON PURPOSE: SUPPORT CHARITABLE PURPOSE OF ORGANIZATION | $25,000 |
Akron, OH PURPOSE: SUPPORT CHARITABLE PURPOSE OF ORGANIZATION | $5,500 |
PORTAGE PATH BEHAVIORAL HEALTH PURPOSE: SUPPORT CHARITABLE PURPOSE OF ORGANIZATION | $5,000 |
CURATED STOREFRONT PURPOSE: SUPPORT CHARITABLE PURPOSE OF ORGANIZATION | $5,000 |
TEMPLE ISRAEL PURPOSE: SUPPORT CHARITABLE PURPOSE OF ORGANIZATION | $3,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Wing Shadow Foundation Ada, MI | $89,908,464 | $23,772,931 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle Mayfield Heights, OH | $171,110,624 | $12,657,241 |