Marion G Weeks Foundation
- Assets
- $1.8m
- Revenue
- $96.3k
- Investments
- $1.5m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 02/1995
- Data as of
- 12/2022
- EIN
- 94-3212001
Organization Overview
Marion G Weeks Foundation is located in Brooklyn, OH. The organization was established in 1995. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Marion G Weeks 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, Marion G Weeks Foundation generated $96.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $171.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Marion G Weeks Foundation has awarded 127 individual grants totaling $606,000. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keybank N A Co-Trustee | 3 | $28,123 | |
Cory Borgeson Co-Trustee | 1 | $0 | |
Donald Dennis Co-Trustee | 1 | $0 | |
Jerry Walker Co-Trustee | 2 | $0 | |
Richard Heieren Co-Trustee | 3 | $0 | |
Russ Amerson Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $53,147 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,187 |
| Capital Gain Net Income | $43,187 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $96,334 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,123 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,440 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,749 |
| Total operating and administrative expenses | $46,862 |
| Contributions, gifts, grants paid | $125,000 |
| Total expenses and disbursements | $171,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $110,924 |
| 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 | $1,498,525 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $231,512 |
| Total assets | $1,840,961 |
| 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, Marion G Weeks Foundation has awarded $125,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
BOY SCOUTS OF AMERICA PURPOSE: GENERAL OPERATING | $2,000 |
THE SALVATION ARMY PURPOSE: GENERAL OPERATING | $9,000 |
FAIRBANKS DRAMA ASSOCIATION PURPOSE: GENERAL OPERATING | $5,500 |
TANANA VALLEY SPORTSMENS FOUNDATION PURPOSE: GENERAL OPERATING | $5,000 |
LITERACY COUNCIL PURPOSE: GENERAL OPERATING | $2,500 |
NORDIC SKI CLUB PURPOSE: GENERAL OPERATING | $3,750 |