Marcotte Family Foundation Inc. is a private corporation based in ASHEVILLE, NC. The foundation received its IRS ruling in 2016. It holds total assets of $5.7M. Annual income is reported at $1.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Marcotte Family Foundation Inc. has made 89 grants totaling $1.6M, with a median grant of $5K. Annual giving has grown from $263K in 2020 to $330K in 2023. Grantmaking activity was highest in 2022 with $687K distributed across 40 grants. Individual grants have ranged from $250 to $200K, with an average award of $18K. The foundation has supported 41 unique organizations. The foundation primarily supports organizations in North Carolina, New York, Virginia, which account for 89% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Marcotte Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 89 grants. Its grantmaking reaches organizations primarily in NC, NY, VA.
Marcotte Family Foundation Inc. has distributed a total of $1.6M across 89 grants. The median grant size is $5K, with an average of $18K. Individual grants have ranged from $250 to $200K.
Marcotte Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Marcotte Family Foundation Inc. is headquartered in ASHEVILLE, NC. While based in NC, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard J Marcotte | DIRECTOR/PRESIDENT/TREASURER | $0 | $0 | $0 |
| Carole E Marcotte | DIRECTOR/VP/SECRETARY | $0 | $0 | $0 |
Total Giving
$365K
Total Assets
$5.8M
Fair Market Value
$7.1M
Net Worth
$5.8M
Grants Paid
$330K
Contributions
$0
Net Investment Income
$504K
Distribution Amount
$332K
Total: $1.8M
Total Grants
89
Total Giving
$1.6M
Average Grant
$18K
Median Grant
$5K
Unique Recipients
41
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| YmcaCAPITAL CAMPAIGN | Raleigh, NC | $200K | 2022 |
| Foundation For HopeWALKATHON SPONSORSHIP | Raleigh, NC | $500 | 2021 |
| W4h Working Wheels Of AshevillePROGRAM SERVICES | Asheville, NC | $120K | 2023 |
| Gwynn Valley Campership FoundationPROGRAM SERVICES | Brevard, NC | $50K | 2023 |
| Open Doors Of AshevillePROGRAM SERVICES |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Asheville, NC |
| $50K |
| 2023 |
| Food Connections IncPROGRAM SERVICES | Asheville, NC | $50K | 2023 |
| Toronto International Film FestivalPROGRAM SERVICES | Toronto | $9K | 2023 |
| Nc Museum Foundation IncPROGRAM SERVICES | Raleigh, NC | $6K | 2023 |
| Down Syndrome Association Of MinnesotaPROGRAM OPERATIONS | Saint Paul, MN | $5K | 2023 |
| Manna Food BankPROGRAM SERVICES | Assheville, NC | $5K | 2023 |
| Blue Ridge Public Radio (Npr)PROGRAM SERVICES | Asheville, NC | $5K | 2023 |
| Conservation Trust Of North CarolinaPROGRAM OPERATIONS | Raleigh, NC | $5K | 2023 |
| Southern Appalachian Highlands ConservancyPROGRAM OPERATIONS | Asheville, NC | $5K | 2023 |
| Southern Environmental Law CenterPROGRAM OPERATIONS | Charlottesville, VA | $5K | 2023 |
| Western Carolina Rescue MinistriesPROGRAM SERVICES | Asheville, NC | $5K | 2023 |
| Asheville WatchdogPROGRAM SERVICES | Asheville, NC | $3K | 2023 |
| Riverlink IncPROGRAM SERVICES | Asheville, NC | $3K | 2023 |
| Nueva GeneracionPROGRAM OPERATIONS | Beaufort, NC | $2K | 2023 |
| Ms Society Of Eastern NcPROGRAM SERVICES | Raleigh, NC | $1K | 2023 |
| Walk For HopePROGRAM SERVICES | Raleigh, NC | $1K | 2023 |
| Pbs North CarolinaPROGRAM SERVICES | Rtp, NC | $1K | 2023 |
| Michael J Fox Foundation For ParkinsonsPROGRAM SERVICES | New York, NY | $25K | 2022 |
| North Carolina Museum Of ArtPROGRAM OPERATIONS | Raleigh, NC | $6K | 2022 |
| St Vincent Depaul Society (St Eugene)PROGRAM SERVICES | Asheville, NC | $5K | 2022 |
| United Arts CouncilPROGRAM SERVICES | Raleigh, NC | $5K | 2022 |
| Caminos De AguaPROGRAM SERVICES | Lake Forest, IL | $3K | 2022 |
| Asheville Art MuseumPROGRAM SERVICES | Asheville, NC | $2K | 2022 |
| Second StoryPROGRAM SERVICES | Dunn Loring, VA | $250 | 2022 |
| Alliance Medical MinistryANNUAL FUND | Raleigh, NC | $50K | 2021 |
| Wake Ed PartnershipPROGRAM OPERATIONS | Raleigh, NC | $20K | 2021 |
| Ymca We Build PeopleANNUAL FUND | Raleigh, NC | $15K | 2021 |
| Dix Park ConservancyPROGRAM OPERATIONS | Raleigh, NC | $10K | 2021 |
| Sacred Heart Cathedral Door MinistryPROGRAM OPERATIONS | Raleigh, NC | $5K | 2021 |
| Wunc Radio (Npr)PROGRAM OPERATIONS | Chapel Hill, NC | $1K | 2021 |
| Children With Hair LossPROGRAM OPERATIONS | South Rockwood, MI | $275 | 2021 |
| Food Bank Of Central & Eastern NcPROGRAM OPERATIONS | Raleigh, NC | $25K | 2020 |
| Catholic CharitiesPROGRAM OPERATIONS | Raleigh, NC | $15K | 2020 |
| Sacred Heart CathedralPROGRAM OPERATIONS | Raleigh, NC | $5K | 2020 |
| Interfaith Food ShuttlePROGRAM OPERATIONS | Raleigh, NC | $1K | 2020 |
| Conservation Trust Of NcPROGRAM OPERATIONS | Raleigh, NC | $1K | 2020 |
| Communities In SchoolsCOVID 19 EMERGENCY FUND | Raleigh, NC | $1K | 2020 |
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