Marc C And Deborah H Bingham Foundation
- Assets
- $223.4k
- Revenue
- $535.5k
- Investments
- $214.8k
- Employees
- 0
- Location
- Provo, UT
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-2303248
Organization Overview
Marc C And Deborah H Bingham Foundation is located in Provo, UT. The organization was established in 2016. 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. Marc C And Deborah H Bingham 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, Marc C And Deborah H Bingham Foundation generated $535.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.6%) each year. All expenses for the organization totaled $731.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Marc C And Deborah H Bingham Foundation has awarded 43 individual grants totaling $2,514,151. 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 |
|---|---|---|---|
Deborah Bingham Trustee | 30 | $0 | |
Marc C Bingham Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $551,050 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,793 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,335 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $535,508 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $650 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,956 |
| Printing and publications | $0 |
| Other expenses | $14 |
| Total operating and administrative expenses | $92,059 |
| Contributions, gifts, grants paid | $639,850 |
| Total expenses and disbursements | $731,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,583 |
| 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 | $223,385 |
| 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, Marc C And Deborah H Bingham Foundation has awarded $639,850 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY IMPACT PURPOSE: NEONATAL RESCUE | $150,000 |
COMMUNITY FOUNDATION OF UTAH PURPOSE: COMMUNITY INITIATIVES | $500 |
LIVE YOUR DREAM FOUNDATION PURPOSE: SCHOLARSHIPS FOR SINGLE MOTHERS | $10,000 |
MALIHEH FREE CLINIC PURPOSE: HEALTHY FAMILIES SUPPORT PROGRAM | $30,000 |
UVU FOUNDATION PURPOSE: WOMEN'S SUCCESS CENTER ANNUAL SCHOLA | $30,050 |
YOUNIQUE FOUNDATION PURPOSE: FEMALE SURVIVORS OF CHILDHOOD ABUSE | $25,000 |