Paul And Mareva Marciano Foundation Inc
- Assets
- $634.4k
- Revenue
- $200.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 81-4088173
Organization Overview
Paul And Mareva Marciano Foundation Inc is located in Beverly Hills, CA. The organization was established in 2016. According to its NTEE Classification (T31) the organization is classified as: Community 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. Paul And Mareva Marciano 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 12/2021, Paul And Mareva Marciano Foundation Inc generated $200.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $39.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PAUL AND MAREVA FOUNDATION WISHES TO IMPROVE THE CONDITION OF WOMEN AND CHILDREN IN FRENCH POLYNESIA, INCLUDING BY MAKING GRANTS TO LOCAL GRASSROOTS ORGANIZATIONS AND INITIATIVES INTENDED TO PREVENT SEXUAL ASSAULT AGAINST WOMEN AND CHILDREN OF TAHITI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION RAISED $346,000 TO FURTHER ITS MISSION TO IMPROVE THE CONDITION OF WOMEN AND CHILDREN IN FRENCH POLYNESIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Marciano Director | 2 | $0 | |
Mareva Georges President & Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $200,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $39,155 |
| Total operating and administrative expenses | $39,375 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $39,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $634,410 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $634,410 |
| 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 Recieved
Over the last fiscal year, we have identified 1 grants that Paul And Mareva Marciano Foundation Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Saban Charitable Support Fund Los Angeles, CA PURPOSE: GENERAL SUPPORT | $100,000 |
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