Marci And Martin Karplus Family Foundation
- Assets
- $1.1m
- Revenue
- $471.5k
- Investments
- $1.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2023
- EIN
- 87-1478973
Organization Overview
Marci And Martin Karplus Family Foundation is located in Wilmington, DE. 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. Marci And Martin Karplus 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 12/2023, Marci And Martin Karplus Family Foundation generated $471.5k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $109.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Marci And Martin Karplus Family Foundation has awarded 81 individual grants totaling $343,784. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marci Karplus Dir, Sec, Treas | 1 | $0 | |
Martin Karplus Dir, Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $502,491 |
| Interest on Savings | $8,664 |
| Dividends & Interest | $24,825 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$64,537 |
| Capital Gain Net Income | $51,757 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $72 |
| Total Revenue | $471,515 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $874 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,219 |
| Total operating and administrative expenses | $21,130 |
| Contributions, gifts, grants paid | $87,884 |
| Total expenses and disbursements | $109,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $88,863 |
| 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 | $1,100,587 |
| 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, Marci And Martin Karplus Family Foundation has awarded $87,884 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN INDIAN COLLEGE FUND PURPOSE: HUMANITIES OR SCIENCE SCHOLARSHIP FUND | $500 |
AMNESTY INTERNATIONAL OF THE USA INC PURPOSE: GENERAL & UNRESTRICTED | $1,200 |
ASSOCIATION OF AMERICAN VOICES PURPOSE: GENERAL & UNRESTRICTED | $750 |
BIDWELL TRAINING CENTER INC PURPOSE: GENERAL & UNRESTRICTED | $500 |
CAMBRIDGE COMMUNITY FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $300 |
CAMBRIDGE CENTER FOR ADULT EDUCATION INC PURPOSE: STUDIO CLASSES IN PAINTING | $2,500 |