NonprofitsMarc Endowment Inc

Human Services

Marc Endowment Inc

MIDLAND, TX

Total revenue

$158K

Total expenses

$306K

Net assets

$3.2M

Grants received

$283K

2 grants

EIN

311807636

Tax year

2023

Mission

The organization operates for the exclusive benefit of marc, inc. By managing endowment investments and making grants to or for the benefit of marc, inc., and engaging in activities that support or benefit marc, inc.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue
Investment income$158K
Other revenue
Total revenue$158K

Expenses

Grants paid$289K
Salaries & benefits
Fundraising
Other expenses$17K
Total expenses$306K
Total assets$3.2M
Net assets$3.2M

People

7 listed

NameRoleCompensation

ANDY SHAFFER

PRESIDENT

Board

1 hrs/wk

TOM HILL

VICE-PRESIDENT

Board

1 hrs/wk

CHARLIE DAVIDSON

SECRETARY

Board

1 hrs/wk

BOB MCNAUGHTON

TREASURER

Board

1 hrs/wk

BLAKE CAUTHEN

BOARD DIRECTOR

Board

1 hrs/wk

CLINT WILLIAMSON

BOARD DIRECTOR

Board

1 hrs/wk

BROOKS SITKA

BOARD DIRECTOR

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$273K
Grant to supporting organization for endowment
2022
$10K
GENERAL OPERATING SUPPORT
2020

Funded by

$283K from 2 funders · 2 grants · 2020–2022

Marc Inc

$273K · 1 grant · 2022

The Denver Foundation

$10K · 1 grant · 2020

Details

EIN311807636
NTEE codeP118
Subsection03
Ruling date2001-11
Formed2001
Employees0
Volunteers7
MARC ENDOWMENT INC — Mission, Financials & Grants Received | Grantivo