PHOENIX, AZ

Kemper & Ethel Marley Foundation

Quick Facts

EIN: 860653091
Location: PHOENIX, AZ
Category: Philanthropy & Grantmaking
Total Assets: $250.1M
Annual Income: $64.9M
IRS Ruling Year: 1991
Organization Type: Corporation
Tax Deductibility: Contributions are deductible

About This Foundation

Kemper & Ethel Marley Foundation is a private corporation based in PHOENIX, AZ. The foundation received its IRS ruling in 1991. It holds total assets of $250.1M. Annual income is reported at $64.9M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$15.5M

2023-11%

Total Assets

$239.8M

2023+3%

Fair Market Value

$308.1M

2023

Net Worth

$218.8M

2023

Grants Paid

$11M

2023

Contributions

2023

Net Investment Income

$14.4M

2023

Distribution Amount

$13.5M

2023

Total Giving by Year

$12.4M

$13.9M

$17.7M

$19.3M

$14.1M

$13.9M

$12.3M

$15.3M

$17.4M

$15.5M

Asset Growth

$150.2M

$152.8M

$181.6M

$183.1M

$181.7M

$200.6M

$205.9M

$235.9M

$231.7M

$239.8M

Investment Portfolio (2023)

Total: $107M

Corporate Stock: $101.9M

Government Obligations: $5.1M

Other Investments: $89.2M

Cash: $1.3M

Corporate Stock (52%)

Government Obligations (3%)

Other Investments (45%)

Cash (1%)

Expense Breakdown (2023)

Grants Paid$11M

Accounting Fees$581K

Interest$418K

Legal Fees$24K

Pension & Benefits$16K

Occupancy$6K

Travel & Conferences$4K

Revenue Sources (2023)

Capital Gains (Net): $20.1M
Dividends: $3.9M
Other Income: $631K
Interest: $49K
Gross Rents: $-1,044,858

Financial Details (2023)

Total Revenue: $23.6M
Total Expenses: $15.5M
Exempt Purpose Expenses: $11.6M
Required Distribution: $13.5M
Undistributed Income: $13.5M
Grants Approved (Future): $9M
Total Liabilities: $20.9M
Excise Tax: $200K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$45.3M

Average Grant

$9.1M

Median Grant

$9.7M

Total Giving by Year

$9.7M (1 grants)

$10.7M (1 grants)

$14M (2 grants)

$11M (1 grants)

Grant Range

Min$7M

Max$11M

Median: $9.7M

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Geographic Distribution of Grants

AZ: $45.3M (5)

AZ$45.3M (5)

Past Grantees

Recipient	Location	Amount	Year
See Attached StatementVarious	Various Cities, AZ	$11M	2023
See Attached StatementVarious	Various Cities, AZ	$7M	2022
Arizona Community FoundationVarious	Phoenix, AZ	$7M	2022
See Attached StatementVarious	Various Cities, AZ	$10.7M	2021
See Attached StatementVarious	Various Cities, AZ	$9.7M	2020

990-PF Filings

Tax Period	Return Type	View
2023-12	990PF	View Filing
2022-12	990PF	View Filing
2021-12	990PF	View Filing
2020-12	990PF	View Filing
2018-12	990PF	View Filing
2017-12	990PF	View Filing
2016-12	990PF	View Filing
2015-12	990PF	View Filing