Maritz Family Foundation
- Assets
- $8.7m
- Revenue
- $191.1k
- Investments
- $7.1m
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 81-0691752
Organization Overview
Maritz Family Foundation is located in Bellevue, WA. The organization was established in 2016. 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. Maritz 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, Maritz Family Foundation generated $191.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (31.2%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Maritz Family Foundation has awarded 103 individual grants totaling $12,152,622. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MARITZ FAMILY FOUNDATION PROVIDES SUPPORT TO OTHER QUALIFIED 501(C)(3) ORGANIZATIONS ALLOWING THEM TO CARRY OUT THEIR CHARITABLE ACTIVITIES. NUMBER OF ENTITIES SERVED = 14
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yaffa Maritz President | 10 | $0 | |
Paul Maritz Vice President | 1 | $0 | |
Jeffrey A Williamson Secretary, Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $179,307 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,601 |
| Capital Gain Net Income | $11,601 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $215 |
| Total Revenue | $191,123 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $134,108 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $52,326 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,672 |
| Total operating and administrative expenses | $245,077 |
| Contributions, gifts, grants paid | $1,532,500 |
| Total expenses and disbursements | $1,777,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,622,281 |
| Savings and temporary cash investments | $0 |
| 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 | $6,112,378 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,685,232 |
| 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, Maritz Family Foundation has awarded $1,532,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWEST IMMIGRANT RIGHTS PROJECT PURPOSE: TO HELP FUND GENERAL OPERATIONS | $25,000 |
CHARTER FOR COMPASSION PURPOSE: TO HELP FUND GENERAL OPERATIONS | $60,000 |
OPEN ARMS PERINATAL SERVICES PURPOSE: TO HELP FUND GENERAL OPERATIONS | $75,000 |
UNIVERSITY OF WASHINGTON PURPOSE: TO HELP FUND GENERAL OPERATIONS | $75,000 |
PLANNED PARENTHOOD FEDERATION OF AMERICA PURPOSE: TO HELP FUND GENERAL OPERATIONS | $10,000 |
SOUTHEAST SEATTLE EDUCATION COALITION PURPOSE: TO HELP FUND GENERAL OPERATIONS | $25,000 |