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Marceco Foundation is a private corporation based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 1970. It holds total assets of $3.3M. Annual income is reported at $3.1M. The foundation operates in the area of community development. According to available records, Marceco Foundation has made 4 grants totaling $362K, with a median grant of $103K. Annual giving has grown from $3K in 2021 to $153K in 2023. Grantmaking activity was highest in 2022 with $206K distributed across 2 grants. Individual grants have ranged from $3K to $153K, with an average award of $91K. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Marceco Foundation primarily funds organizations in the area of community development. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IA.
Marceco Foundation has distributed a total of $362K across 4 grants. The median grant size is $103K, with an average of $91K. Individual grants have ranged from $3K to $153K.
Marceco Foundation typically selects its grantees rather than accepting unsolicited proposals.
Marceco Foundation is headquartered in GRAND RAPIDS, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Den Herder | BOARD MEMBER/TREASURER | $0 | $0 | $0 |
| Mittie Nimocks-Den Herder | BOARD MEMBER/PRESIDENT/SECRETARY | $0 | $0 | $0 |
| Frances N Teply | BOARD MEMBER | $0 | $0 | $0 |
Total Giving
$156K
Total Assets
$263K
Fair Market Value
$263K
Net Worth
$263K
Grants Paid
$153K
Contributions
$250K
Net Investment Income
$4K
Distribution Amount
$9K
Total Grants
4
Total Giving
$362K
Average Grant
$91K
Median Grant
$103K
Unique Recipients
1
Most Common Grant
$103K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dordt CollegeSCHOLARSHIP FUND | Sioux Center, IA | $153K | 2023 |
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