Mary Family Foundation
- Assets
- $1.5m
- Revenue
- $81.5k
- Investments
- $1.4m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 02/1995
- Data as of
- 12/2022
- EIN
- 72-1283123
Organization Overview
Mary Family Foundation is located in New Orleans, LA. The organization was established in 1995. 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. Mary Family 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, Mary Family Foundation generated $81.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $84.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mary Family Foundation has awarded 128 individual grants totaling $605,974. 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 |
|---|---|---|---|
Lynn B Mary President | 3 | $0 | |
Brandon Mary Director | 0 | $0 | |
Charles C Mary III Director | 0 | $0 | |
Charlotte Zink Director | 0 | $0 | |
Cameron M Mary Director | 0 | $0 | |
Mignonne Hammel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $259 |
| Dividends & Interest | $30,787 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,408 |
| Capital Gain Net Income | $50,408 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $81,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $47 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $39,187 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $84,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $69,283 |
| 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 | $1,487,378 |
| 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, Mary Family Foundation has awarded $45,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COVENANT HOUSE PURPOSE: GENERAL SUPPORT | $5,000 |
BRIDGE HOUSE PURPOSE: GENERAL SUPPORT | $10,000 |
SECOND HARVEST FOOD BANK PURPOSE: GENERAL SUPPORT | $5,000 |
LOYOLA UNIVERSITY LAW SCHOOL PURPOSE: GENRAL SUPPORT | $10,000 |
GRACE AT THE GREEN LIGHT PURPOSE: GENERAL SUPPORT | $10,000 |
CAC DONATIONS PURPOSE: GENERAL SUPPORT | $3,000 |