Marshall Foundation is located in Tucson, AZ. The organization was established in 1942. 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. Marshall 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 12/2023, Marshall Foundation generated $15.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.4% each year . All expenses for the organization totaled $5.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Marshall Foundation has awarded 179 individual grants totaling $8,621,465. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bruce Burke President & Treasurer | 9.23 | $18,000 | |
Jane Mccollum President Re Division (retired 2023) | 40 | $159,246 | |
Gabriela Corrales Vice President | 0.92 | $6,000 | |
Jimena Valdes Treasurer & Secretary | 0.92 | $6,000 | |
Fabian Cordova Member | 2.31 | $6,000 | |
Alfredo Cuestas Member (resigned August 2023) | 0.92 | $4,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $316,146 |
Dividends & Interest | $0 |
Net Rental Income | $4,014,496 |
Net Gain on Sale of Assets | $10,725,465 |
Capital Gain Net Income | $10,725,465 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $346,686 |
Total Revenue | $15,402,793 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $207,746 |
Other employee salaries and wages | $513,228 |
Pension plans, employee benefits | $0 |
Interest | $393,571 |
Taxes | $383,062 |
Depreciation | $394,195 |
Occupancy | $267,291 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,401,618 |
Total operating and administrative expenses | $3,737,062 |
Contributions, gifts, grants paid | $1,387,654 |
Total expenses and disbursements | $5,124,716 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $404,490 |
Savings and temporary cash investments | $211,126 |
Net Accounts receivable | $151,834 |
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 | $86,193 |
Net Investments - land, buildings, equipment | $10,150,451 |
Investments—mortgage loans | $0 |
Investments—other | $8,987,522 |
Net Land, buildings, and equipment | $0 |
Other assets | $8,502,253 |
Total assets | $28,493,869 |
Accounts payable and accrued expenses | $153,552 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $7,666,591 |
Other liabilities | $3,372,418 |
Total liabilities | $11,192,561 |
Over the last fiscal year, Marshall Foundation has awarded $2,009,968 in support to 44 organizations.
Grant Recipient | Amount |
---|---|
ANGEL CHARITY FOR CHILDREN PURPOSE: 2023 ANGEL BALL | $2,243 |
ARIZONA FRIENDS OF FOSTER CHILDREN FOUNDATION PURPOSE: FOSTERING POST-SECONDARY SUCCESS | $35,000 |
BEACON GROUP PURPOSE: PRE EMPLOYMENT TRANSITION SERVICES EXPANSION | $42,700 |
BOYS TO MEN TUCSON PURPOSE: SPONSORSHIP | $30,000 |
BOOKS FOR CLASSROOMS PURPOSE: PURCHASE BOOKS TO DONATE TO SCHOOLS | $25,000 |
CASA DE LOS NINOS PURPOSE: PROVIDE QUALITY CARE AND EDUCATION FOR CHILDREN FROM BIRTH TO AGE 5 | $25,000 |