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Also known as: FAMILY FOUNDATION
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Greg And Mari Marchbanks Family Foundation is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 1998. The principal officer is Gregory S Marchbanks. It holds total assets of $1.5M. Annual income is reported at $205K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Texas, New York and Michigan. According to available records, Greg And Mari Marchbanks Family Foundation has made 25 grants totaling $283K, with a median grant of $10K. Annual giving has decreased from $94K in 2021 to $3K in 2023. Grantmaking activity was highest in 2022 with $187K distributed across 14 grants. Individual grants have ranged from $1K to $50K, with an average award of $11K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Texas, Rhode Island, New York, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$2K
Largest Grant
$10K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Greg And Mari Marchbanks Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in TX, RI, NY.
Greg And Mari Marchbanks Family Foundation has distributed a total of $283K across 25 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $1K to $50K.
Greg And Mari Marchbanks Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Greg And Mari Marchbanks Family Foundation is headquartered in AUSTIN, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gregory S Marchbanks | President | $0 | $0 | N/A |
| Mari S Marchbanks | Vice President | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$1.6M
Fair Market Value
$1.9M
Net Worth
$1.6M
Grants Paid
$3K
Contributions
N/A
Net Investment Income
$45K
Distribution Amount
$85K
Total: $4K
Total Grants
25
Total Giving
$283K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
13
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Primary StagesCHARITABLE | New York, NY | $3K | 2023 |
| Christina AndersonGRANT | Providence, RI | $50K | 2022 |
| Austin Theatre AllianceCHARITABLE | Austin, TX | $10K | 2022 |
| Texas Book FestivalCHARITABLE | Austin, TX | $10K | 2022 |
| Theatre Gap InitiativeCHARITABLE | Matthews, NC | $10K | 2022 |
| The Texas TribuneCHARITABLE | Austin, TX | $1K | 2022 |
| Austin Film FestivalCHARITABLE | Austin, TX | $1K | 2022 |
| Caritas Of AustinCHARITABLE | Austin, TX | $50K | 2021 |
| Helping Hand HomeCHARITABLE | Austin, TX | $15K | 2021 |
| Ballet AustinCHARITABLE | Austin, TX | $1K | 2021 |
| Comm Found Muskegon CoCHARITABLE | Muskegon, MI | $1K | 2021 |
| Austin Film SocietyCHARITABLE | Austin, TX | $1K | 2021 |
| Shoal Creek ConservancyCHARITABLE | Austin, TX | $1K | 2021 |