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Marovich Foundation Inc. is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2001. The principal officer is Nicholas L Marovich. It holds total assets of $195K. Annual income is reported at $21K. The foundation is governed by 3 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. Funding is distributed across 5 states, including Washington, Connecticut, Georgia. According to available records, Marovich Foundation Inc. has made 12 grants totaling $45K, with a median grant of $1K. Annual giving has decreased from $16K in 2020 to $11K in 2023. Individual grants have ranged from $100 to $11K, with an average award of $4K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Colorado, New York, Georgia, which account for 67% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$1K
Largest Grant
$3K
Based on 6 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.
Marovich Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CO, NY, GA.
Marovich Foundation Inc. has distributed a total of $45K across 12 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from $100 to $11K.
Marovich Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Marovich Foundation Inc. is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicholas L Marovich | PRESIDENT/TREASURER | $0 | $0 | N/A |
| Mary B Marovich | VICE PRES/SECRETARY | $0 | $0 | N/A |
| Melonie Synowice | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$16K
Total Assets
$208K
Fair Market Value
$266K
Net Worth
$208K
Grants Paid
$11K
Contributions
N/A
Net Investment Income
$23K
Distribution Amount
$13K
Total: $54K
Total Grants
12
Total Giving
$45K
Average Grant
$4K
Median Grant
$1K
Unique Recipients
11
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Schedule 1THE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | New York, NY | $11K | 2023 |
| Boys And Girls ClubTHE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | Atlanta, GA | $3K | 2022 |
| The Martyr For Justice ProjectTHE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | Chicago, IL | $1K | 2022 |
| Routt County Crisis SupportTHE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | Steamboat Springs, CO | $1K | 2022 |
| American Red CrossTHE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | Washington, WA | $1K | 2022 |
| The Humane Society Of The United StatesTHE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | Washington, WA | $500 | 2022 |
| Cwoa Scholarship FundTHE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | Groton, CT | $100 | 2022 |
| Liftup Of Routt CountyTHE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | Steamboat Springs, CO | $10K | 2021 |
| Yampa Valley Autism ProgramTHE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | Steamboat Springs, CO | $1K | 2021 |
| Children'S Hospital Colorado FoundationTHE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | Aurora, CO | $5K | 2020 |
| Yampatika Outdoor Awareness AssociationTHE PURPOSE OF THESE CONTRIBUTIONS IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION. | Steamboat Springs, CO | $1K | 2020 |