Marco Foundation
- Assets
- $11.4m
- Revenue
- $469.7k
- Investments
- $10.7m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 01/2000
- Data as of
- 12/2022
- EIN
- 86-0969412
Organization Overview
Marco Foundation is located in Portland, OR. The organization was established in 2000. 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. Marco 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, Marco Foundation generated $469.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (32.2%) each year. All expenses for the organization totaled $659.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Marco Foundation has awarded 27 individual grants totaling $3,000,285. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $226,894 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $199,452 |
| Capital Gain Net Income | $199,452 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $43,345 |
| Total Revenue | $469,691 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36,401 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $122,352 |
| Contributions, gifts, grants paid | $537,000 |
| Total expenses and disbursements | $659,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,898 |
| Savings and temporary cash investments | $243,048 |
| 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 | $402,169 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $513,996 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,397,540 |
| 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, Marco Foundation has awarded $537,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BANNER HEALTH ALZHEIMER'S FOUNDATIO PURPOSE: GENERAL OPERATIONAL SUPPORT | $200,000 |
HILLEL JEWISH STUDENT CENTER AT ASU PURPOSE: GENERAL OPERATIONAL SUPPORT | $50,000 |
JEWISH COMMUNITY FNDN- PJ LIBRARY E PURPOSE: GENERAL OPERATIONAL SUPPORT | $50,000 |
JEWISH FEDERATION OF GREATER PHOENI PURPOSE: GENERAL OPERATIONAL SUPPORT | $150,000 |
VALLEY BEIT MIDRASH PURPOSE: GENERAL OPERATIONAL SUPPORT | $20,000 |
BBYO MOUNTAIN REGION PURPOSE: GENERAL OPERATIONAL SUPPORT | $42,000 |