Marathon Petroleum Foundation Inc
- Assets
- $0.0
- Revenue
- $1.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Findlay, OH
- Founding
- 08/2014
- Data as of
- 09/2022
- EIN
- 46-4439930
Organization Overview
Marathon Petroleum Foundation Inc is located in Findlay, OH. The organization was established in 2014. 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. Marathon Petroleum 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 09/2022, Marathon Petroleum Foundation Inc generated $1.2k in total revenue. All expenses for the organization totaled $1.3m during the year ending 09/2022.
Since 2020, Marathon Petroleum Foundation Inc has awarded 556 individual grants totaling $16,970,325. 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 |
|---|---|---|---|
Nicole Burgy Sec | 1 | $0 | |
Ray Brooks Dir | 1 | $0 | |
Greg Floerke Dir | 1 | $0 | |
Tom Kaczynski Treas, Dir | 1 | $0 | |
Fiona Laird Dir, Pres, Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,249 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,249 |
| 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 | $43,341 |
| Total operating and administrative expenses | $43,341 |
| Contributions, gifts, grants paid | $1,297,870 |
| Total expenses and disbursements | $1,341,211 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Marathon Petroleum Foundation Inc has awarded $1,297,870 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN NATIONAL RED CROSS PURPOSE: UKRAINE HUMANITARIAN EFFORT FUND | $10,000 |
AMERICAN NATIONAL RED CROSS PURPOSE: UKRAINE CRISES FUND | $200,000 |
CITY OF BOISE PURPOSE: BOISE FIRE DEPARTMENT FUND | $12,000 |
AMERICAN NATIONAL RED CROSS - NORTHWEST CHAPTER PURPOSE: EMERGENCY RESPONSE VEHICLE FUND | $45,000 |
CITY OF OLIVE HILL FIRE DEPARTMENT PURPOSE: CITY OF OLIVE HILL FIRE DEPARTMENT: PROTECTIVE HOODS | $1,333 |
COMMONWEALTH OF KENTUCKY PURPOSE: TEAM WESTERN KENTUCKY TORNADO RELIEF FUND | $10,000 |