Dr Marnie Rose Foundation Inc
- Assets
- $236.3k
- Revenue
- $422.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Bellaire, TX
- Founding
- 04/2013
- Data as of
- 12/2020
- EIN
- 45-2774942
Organization Overview
Dr Marnie Rose Foundation Inc is located in Bellaire, TX. The organization was established in 2013. According to its NTEE Classification (H48) the organization is classified as: Brain Disorders Research, under the broad grouping of Medical Research and related organizations. As of 12/2020, Dr Marnie Rose Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dr Marnie Rose 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 12/2020, Dr Marnie Rose Foundation Inc generated $422.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $250.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (17.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Dr Marnie Rose Foundation Inc has awarded 19 individual grants totaling $2,972,000. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDING FOR BRAIN CANCER RESEARCH AND PATIENT CARE. THE ANNUAL RUN FOR THE ROSE RAISES AWARENESS AND FUNDS BENEFITING THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER, CHILDREN'S MEMORIAL HERMANN HOSPITAL, AND MCGOVERN MEDICAL SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOCTOR MARNIE ROSE FOUNDATION, INC. HONORS DR. MARNIE ROSE'S SPIRIT, COURAGE, AND STRENGTH WITH EVENTS THAT BENEFIT TWO CAUSES THAT TOUCHED HER LIFE SO PERSONALLY - BRAIN CANCER AND CHILDREN. THROUGH OUR ANNUAL FUNDRAISER EVENTS, RUN FOR THE ROSE AND THE BRAIN POWER 5K, WE CONTINUE MARNIE'S LEGACY BY SUPPORTING BRAIN CANCER RESEARCH AND PEDIATRIC INITIATIVES.DUE TO THE COVID-19 PANDEMIC, 2020 EVENTS WERE HELD VIRTUALLY.
DOCTOR MARNIE ROSE FOUNDATION, INC. HONORS DR. MARNIE ROSE'S SPIRIT, COURAGE, AND STRENGTH WITH EVENTS THAT BENEFIT TWO CAUSES THAT TOUCHED HER LIFE SO PERSONALLY - BRAIN CANCER AND CHILDREN. THROUGH OUR ANNUAL FUNDRAISER EVENTS, RUN FOR THE ROSE AND THE BRAIN POWER 5K, WE CONTINUE MARNIE'S LEGACY BY SUPPORTING BRAIN CANCER RESEARCH AND PEDIATRIC INITIATIVES.DUE TO THE COVID-19 PANDEMIC, 2020 EVENTS WERE HELD VIRTUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sallye Wolf Executive Dir. | Officer | 40 | $104,810 |
Jerome Rose Co-Founder | OfficerTrustee | 1 | $0 |
Elaine Rose Co-Founder | OfficerTrustee | 10 | $0 |
Darren Rose Director | Trustee | 1 | $0 |
Larry Rose Director | Trustee | 1 | $0 |
Myles Ross Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $384,690 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $384,690 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $37,700 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $422,474 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $112,582 |
| Compensation of current officers, directors, key employees. | $22,516 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $253 |
| Payroll taxes | $8,598 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,137 |
| Advertising and promotion | $3,454 |
| Office expenses | $17,625 |
| Information technology | $30,001 |
| Royalties | $0 |
| Occupancy | $15,527 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $452 |
| All other expenses | $0 |
| Total functional expenses | $250,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,320 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $236,320 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $25,409 |
| Total liabilities | $25,409 |
| Net assets without donor restrictions | $210,911 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $236,320 |
Grants Awarded
Over the last fiscal year, Dr Marnie Rose Foundation Inc has awarded $316,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UT HEALTH SCIENCE CENTER PURPOSE: Medical research | $300,000 |
Houston, TX PURPOSE: Medical research | $16,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Dr Marnie Rose Foundation Inc has recieved totaling $12,069.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,524 |
Sonnie Schepps Robinson Foundation Bellaire, TX PURPOSE: DONATION | $5,000 |
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $550 |
Springmeyer Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $495 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neurtex Brain Research Institute Inc Dallas, TX | $327,089 | $825,000 |
Dr Marnie Rose Foundation Inc Bellaire, TX | $236,320 | $422,474 |
Aaaneurysm Outreach Tulsa, OK | $132,695 | $74,685 |
Southern Headache Society Bellaire, TX | $226,037 | $0 |
Encephalitis411 Plano, TX | $37,421 | $0 |
Texas Endowment For Medical Research Houston, TX | $0 | $0 |
Georgetown Neurosciences Foundation Georgetown, TX | $4,757 | $0 |
Dementia Studies Foundation Inc Dallas, TX | $158,989 | $0 |