Marvin White Foundation Inc
- Assets
- $104.6k
- Revenue
- -$4.3k
- Investments
- $92.4k
- Employees
- 0
- Location
- Hutchinson, KS
- Founding
- 06/1983
- Data as of
- 12/2022
- EIN
- 48-6244419
Organization Overview
Marvin White Foundation Inc is located in Hutchinson, KS. The organization was established in 1983. 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. Marvin White 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann W Smith President | 0 | $0 | |
Jeffrey W Smith Secretary | 0 | $0 | |
Michael S Smith Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,278 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,578 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$4,300 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $213 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40 |
| Total operating and administrative expenses | $2,060 |
| Contributions, gifts, grants paid | $2,050 |
| Total expenses and disbursements | $4,110 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $243 |
| Savings and temporary cash investments | $11,952 |
| 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 | $10,818 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $104,577 |
| 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, Marvin White Foundation Inc has awarded $2,050 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BETHEL COLLEGE PURPOSE: MATH & SCIENCE SCHOLARSHIP FOR:CLAIRE BROXTERMAN | $200 |
FORT HAYS STATE UNIVERSITY PURPOSE: MATH & SCIENCE SCHOLARSHIP FOR: JAYLAH HURLEY | $200 |
HUTCHINSON COMMUNITY COLLEGE PURPOSE: MATH & SCIENCE SCHOLARSHIP FOR: TAYLOR THIESSEN | $150 |
HUTCHINSON COMMUNITY COLLEGE PURPOSE: MATH & SCIENCE SCHOLARSHIP FOR: KARSON FROWNFELTER | $250 |
KANSAS STATE UNIVERSITY PURPOSE: MATH & SCIENCE SCHOLARSHIP FOR: LAUREN MAURER | $250 |
KANSAS STATE UNIVERSITY PURPOSE: MATH & SCIENCE SCHOLARSHIP FOR: ZOE VONTZ | $250 |