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Bill And Margaret Marvin Foundation is a private corporation based in WARROAD, MN. The foundation received its IRS ruling in 2011. The principal officer is % Elliot Larson. It holds total assets of $11.3M. Annual income is reported at $2.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bill And Margaret Marvin Foundation has made 10 grants totaling $3.2M, with a median grant of $250K. The foundation has distributed between $726K and $1.7M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.7M distributed across 6 grants. Individual grants have ranged from $26K to $775K, with an average award of $320K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Bill And Margaret Marvin Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MN.
Bill And Margaret Marvin Foundation has distributed a total of $3.2M across 10 grants. The median grant size is $250K, with an average of $320K. Individual grants have ranged from $26K to $775K.
Bill And Margaret Marvin Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bill And Margaret Marvin Foundation is headquartered in WARROAD, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elliot J Larson | SECRETARY/TREASURER | $91K | $0 | $91K |
| Jeffary M Johnson | DIRECTOR | $0 | $0 | $0 |
| John W Marvin | DIRECTOR | $0 | $0 | $0 |
| Paul H Marvin | DIRECTOR | $0 | $0 | $0 |
| George G Marvin | DIRECTOR | $0 | $0 | $0 |
Total Giving
$883K
Total Assets
$11.5M
Fair Market Value
$16.6M
Net Worth
$11.5M
Grants Paid
$726K
Contributions
$0
Net Investment Income
$467K
Distribution Amount
$779K
Total: $9.7M
Total Grants
10
Total Giving
$3.2M
Average Grant
$320K
Median Grant
$250K
Unique Recipients
5
Most Common Grant
$150K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Warroad Community Childcare CenterCOMMUNITY IMPROVEMENT | Warroad, MN | $500K | 2023 |
| Warroad Community DevelopmentCOMMUNITY IMPROVEMENT | Warroad, MN | $200K | 2023 |
| St Paul & Minnesota FoundationCOMMUNITY IMPROVEMENT | Saint Paul, MN | $26K | 2023 |
| Northland Community And Technical College FoundationEDUCATION PROGRAM SUPPORT | Thief River Falls, MN | $250K | 2022 |
| Warroad Community PartnersCOMMUNITY IMPROVEMENT | Warroad, MN | $150K |
| George G Marvin Iii |
| CHAIR |
| $0 |
| $0 |
| $0 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2022 |
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