Markus Paul Foundation
- Assets
- $227.4k
- Revenue
- $38.2k
- Investments
- $180.0k
- Employees
- 0
- Location
- Lake Mary, FL
- Founding
- Data as of
- 12/2022
- EIN
- 86-3414987
Organization Overview
Markus Paul Foundation is located in Lake Mary, FL. According to its NTEE Classification (T30) the organization is classified as: Public 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. Markus Paul 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, Markus Paul Foundation generated $38.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (62.0%) each year. All expenses for the organization totaled $48.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S PURPOSE IS TO CONTINUE MARKUS PAUL'S LEGACY OF HELPING, SERVING AND BEING A LIGHT TO OTHERS BY PROVIDING ADDITIONAL SUPPORT TO STUDENTS WHO ARE EXCELLING IN ACADEMICS, ATHLETICS, AND IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MARKUS PAUL FOUNDATION ("THE MP FOUNDATION") IS A PRODUCTIVE RESOURCE THAT IMPROVES THE LIVES OF HARDWORKING YOUNG ADULTS IN OSCEOLA COUNTY, FLORIDA, WHO MAY BE UNDERREPRESENTED IN COLLEGES AND UNIVERSITIES. THE MP FOUNDATION HAS DEEP ROOTS IN THE COMMUNITY AND IS FOCUSED ON GIVING BACK. SOME OF THE SUPPORT TO STUDENTS INCLUDE FINANCIAL ASSISTANCE, SCHOLARSHIPS TO OSCEOLA HIGH SCHOOL STUDENTS, AND DONATIONS TO THE LOCAL BOYS & GIRLS CLUB. THE ASSISTANCE TO THE LOCAL BOYS & GIRLS CLUB INCLUDES SUPPORT FOR THEIR HEALTH AND WELLNESS PROGRAM AND PROGRAMS THAT FOSTER MENTORSHIP, ACADEMIC SUCCESS, AND COMMUNITY SERVICE. DURING THE 2022 TAX YEAR, ONE GRANT WAS MADE TO THE BOYS & GIRLS CLUB OF OSCEOLA. TWO OTHER GRANTS WERE MADE TO HELP TWO CHURCHES THAT WERE IMPORTANT IN MARKUS' LIFE. FUNDS WERE ALSO ACCUMULATED TO ASSIST STUDENTS BEYOND HIGH SCHOOL BY DONATING RESOURCES TO SYRACUSE UNIVERSITY. THESE RESOURCES WILL FOCUS ON THE SYRACUSE UNIVERSITY FOOTBALL PROGRAM, ITS STRENGTH AND CONDITIONING PROGRAM, AND STUDENTS MAJORING IN EXERCISE SCIENCE. TWO OTHER DONATIONS WERE MADE TO SUPPORT CHARITIES OF TEAMMATES OF MARKUS'.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Glavin President | Officer | 5 | $0 |
David Holmes Vice Preside | Officer | 5 | $0 |
Heidi Paul Secretary | Officer | 7 | $0 |
Mike Woicik Treasurer | Officer | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,833 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,833 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$33,049 |
| Net Income from Fundraising Events | $19,398 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,182 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,300 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $976 |
| Office expenses | $1,088 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $47,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,429 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $180,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $227,429 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $227,429 |
| Total liabilities and net assets/fund balances | $227,429 |
Grants Awarded
Over the last fiscal year, Markus Paul Foundation has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF OSCEOLA PURPOSE: GENERAL FUND | $10,000 |
THE FOUNDATION FOR OSCEOLA ED INC PURPOSE: GENERAL FUND | $10,000 |