Joseph G Markoly Foundation Inc
- Assets
- $705.0k
- Revenue
- $126.1k
- Investments
- $667.6k
- Employees
- 0
- Location
- Oviedo, FL
- Founding
- 03/1999
- Data as of
- 12/2023
- EIN
- 59-3506378
Organization Overview
Joseph G Markoly Foundation Inc is located in Oviedo, FL. The organization was established in 1999. 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. Joseph G Markoly 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 12/2023, Joseph G Markoly Foundation Inc generated $126.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $134.9k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Joseph G Markoly Foundation Inc has awarded 74 individual grants totaling $410,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanette Stefko Director | 0 | $0 | |
Nancy Squillacioti Director | 15 | $15,600 | |
Diane Dampier Director | 3 | $7,800 | |
Christopher Squillacioti Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,346 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $98,766 |
| Capital Gain Net Income | $98,766 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3 |
| Total Revenue | $126,115 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,962 |
| Depreciation | $378 |
| Occupancy | $1,039 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $832 |
| Total operating and administrative expenses | $46,889 |
| Contributions, gifts, grants paid | $88,000 |
| Total expenses and disbursements | $134,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,597 |
| Savings and temporary cash investments | $14,804 |
| 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 | $705,004 |
| 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 | $364 |
| Total liabilities | $364 |
Grants Awarded
Over the last fiscal year, Joseph G Markoly Foundation Inc has awarded $88,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
FSU RESEARCH FOUNDATION-ACTS2 PURPOSE: PROGRAMS FOR CAREGIVERS IN CENTRAL FL | $7,000 |
CHRISTIAN HELP FOUNDATION PURPOSE: FOOD PANTRY FOR LOW INCOME SENIORS | $8,000 |
BOYS TOWN OF CENTRAL FL PURPOSE: COMMON SENSEPARENTING CLASSES | $0 |
EASTER SEALS PURPOSE: ART & WELLNESS STAFFSALARIES | $5,000 |
JFS ORLANDO PURPOSE: RIDE PROGRAM | $7,000 |
IDIGNITY PURPOSE: ASSIST 15 SENIORS 60 +TO OBTAIN THEIR IDS | $5,000 |