Marine Ventures Foundation Inc
- Assets
- $4.2m
- Revenue
- $280.0k
- Investments
- $4.1m
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 10/2001
- Data as of
- 12/2023
- EIN
- 52-2297698
Organization Overview
Marine Ventures Foundation Inc is located in Boulder, CO. The organization was established in 2001. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marine Ventures 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.
Since 2014, Marine Ventures Foundation Inc has awarded 17 individual grants totaling $795,476. 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 |
|---|---|---|---|
John Thomas Mcmurray Director | 0 | $0 | |
Carson R Mcmurray Director | 0 | $0 | |
Mccain J Mcmurray Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,426 |
| Dividends & Interest | $65,921 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $210,700 |
| Capital Gain Net Income | $214,844 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $280,047 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $38,683 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40,648 |
| Total operating and administrative expenses | $79,331 |
| Contributions, gifts, grants paid | $400,000 |
| Total expenses and disbursements | $479,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $114,014 |
| 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 | $1,052 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $116,757 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,200,796 |
| 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, Marine Ventures Foundation Inc has awarded $220,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MEDICINE HORSE PURPOSE: GENERAL SERVICES | $10,000 |
SCHWAB CHARITABLE FUND PURPOSE: GENERAL SERVICES | $210,000 |