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Marshall Heritage Foundation is a private trust based in METAIRIE, LA. The foundation received its IRS ruling in 2019. It holds total assets of $21.1M. Annual income is reported at $4.2M. Total assets have grown from $1.3M in 2018 to $19.8M in 2022. 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 2021 to 2023. Funding is distributed across 4 states, including Texas, Illinois, Louisiana. According to available records, Marshall Heritage Foundation has made 18 grants totaling $17.6M, with a median grant of $381K. Annual giving has grown from $3.9M in 2021 to $13.7M in 2022. Individual grants have ranged from $6K to $5M, with an average award of $980K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Texas, Louisiana, Connecticut, which account for 67% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100K
Median Grant
$400K
Average Grant
$1.4M
Largest Grant
$5M
Based on 5 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.
Marshall Heritage Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in TX, LA, CT.
Marshall Heritage Foundation has distributed a total of $17.6M across 18 grants. The median grant size is $381K, with an average of $980K. Individual grants have ranged from $6K to $5M.
Marshall Heritage Foundation typically selects its grantees rather than accepting unsolicited proposals.
Marshall Heritage Foundation is headquartered in METAIRIE, LA. While based in LA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elaine T Marshall | Trustee | $0 | $0 | N/A |
| Dr Stephen D Cook | Trustee | $0 | $0 | N/A |
| E Pierce Marshall Jr | Trustee | $0 | $0 | N/A |
Total Giving
$3.4M
Total Assets
$19.8M
Fair Market Value
$19.8M
Net Worth
$18.6M
Grants Paid
$3.3M
Contributions
$7.6M
Net Investment Income
$310K
Distribution Amount
$807K
Total Grants
18
Total Giving
$17.6M
Average Grant
$980K
Median Grant
$381K
Unique Recipients
10
Most Common Grant
$400K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greenhill SchoolBuilding Community Campaign | Addison, TX | $5M | 2022 |
| Tulane UniversityGOLDRING/WOLDENBERG BUSINESS COMPLEX | New Orleans, LA | $1M | 2022 |
| The Brunstad Foundation For The AdvRESEARCH, LECTURING & EDUCATION | New Haven, CT | $400K | 2022 |
| Muscular Dystrophy AssociationGENERAL SUPPORT | Chicago, IL | $363K | 2022 |
| International Committee Of The RedSupport ofthe people affected by the Ukraine crisis | Geneva | $100K | 2022 |
| Metropolitian Crime Commission IncCRIMINAL JUSTICE ACCOUNTABILITY PROJ | New Orleans, LA | $125K | 2021 |
| Salk Institute For Biological StudiNEUROGENETIC ANALYSIS OF MOTOR CIRCU | La Jolla, CA | $38K | 2021 |
| Dallas CasaCAPITAL CAMPAIGN | Dallas, TX | $13K | 2021 |
| International Justice MissionGENERAL SUPPORT | Washington, DC | $10K | 2021 |
| Highland Park United Methodist ChurHAITI DISASTER RELIEF FUND AND CLINI | Dallas, TX | $6K | 2021 |
NEW ORLEANS, LA
METAIRIE, LA
LAFAYETTE, LA