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Marsha Shanklin Foundation is a private corporation based in VICTORIA, TX. The foundation received its IRS ruling in 2010. The principal officer is % Bill Russell. It holds total assets of $2.3M. Annual income is reported at $686K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Marsha Shanklin Foundation has made 10 grants totaling $634K, with a median grant of $60K. Annual giving has grown from $137K in 2021 to $165K in 2023. Grantmaking activity was highest in 2022 with $332K distributed across 6 grants. Individual grants have ranged from $30K to $135K, with an average award of $63K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Marsha Shanklin Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in TX.
Marsha Shanklin Foundation has distributed a total of $634K across 10 grants. The median grant size is $60K, with an average of $63K. Individual grants have ranged from $30K to $135K.
Marsha Shanklin Foundation typically selects its grantees rather than accepting unsolicited proposals.
Marsha Shanklin Foundation is headquartered in VICTORIA, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Janet Russell | TRUSTEE | $0 | $0 | $0 |
| Gail Atkinson | VICE PRES | $0 | $0 | $0 |
| Myra M Starkey | SEC/TREAS | $0 | $0 | $0 |
| John Trosclair | PRESIDENT | $0 | $0 | $0 |
Total Giving
$195K
Total Assets
$2.1M
Fair Market Value
$3.2M
Net Worth
$2.1M
Grants Paid
$165K
Contributions
$0
Net Investment Income
$54K
Distribution Amount
$148K
Total: $2.1M
Total Grants
10
Total Giving
$634K
Average Grant
$63K
Median Grant
$60K
Unique Recipients
5
Most Common Grant
$60K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Of VictoriaPARKS AND RECREATION | Victoria, TX | $135K | 2023 |
| Rockport Center For The ArtsYOUTH EDUCATION FUND | Rockport, TX | $30K | 2023 |
| Golden Crescent Habitat For HumanitBOX TRUCK | Victoria, TX | $60K | 2022 |
| Victoria CollegeCAPITAL IMPROVEMENTS | Victoria, TX | $45K | 2022 |
| Golden Grescent Habitat For Humanitoperational support | Victoria, TX | $40K | 2021 |
HOUSTON, TX
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