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Marshwood Foundation is a private trust based in KEY COLONY BEACH, FL. The foundation received its IRS ruling in 2021. The principal officer is % Eugene Bitchko. It holds total assets of $945K. Annual income is reported at $917K. TO PROVIDE FINANCIAL SUPPORT TO ORGANIZATIONS THAT QUALIFY AS CHARITIES UNDER IRS CODE SECTION 501C3. According to available records, Marshwood Foundation has made 7 grants totaling $254K, with a median grant of $50K. Annual giving has decreased from $148K in 2022 to $106K in 2023. Individual grants have ranged from $3K to $50K, with an average award of $36K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Pennsylvania and District of Columbia and Florida. Contributions to this foundation are tax-deductible.
TO PROVIDE FINANCIAL SUPPORT TO ORGANIZATIONS THAT QUALIFY AS CHARITIES UNDER IRS CODE SECTION 501C3
Expenses: $148K
TO PROVIDE FINANCIAL SUPPORT TO ORGANIZATIONS THAT QUALIFY AS CHARITIES UNDER IRS CODE SECTION 501C3. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in PA, DC, FL.
Marshwood Foundation has distributed a total of $254K across 7 grants. The median grant size is $50K, with an average of $36K. Individual grants have ranged from $3K to $50K.
Marshwood Foundation typically selects its grantees rather than accepting unsolicited proposals.
Marshwood Foundation is headquartered in KEY COLONY BEACH, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eugene Bitchko | PRESIDENT | $0 | $0 | $0 |
| Julianne Bitchko | SECTREASURER | $0 | $0 | $0 |
Total Giving
$112K
Total Assets
$809K
Fair Market Value
$979K
Net Worth
$809K
Grants Paid
$106K
Contributions
$1K
Net Investment Income
$64K
Distribution Amount
$48K
Total: $743K
Total Grants
7
Total Giving
$254K
Average Grant
$36K
Median Grant
$50K
Unique Recipients
4
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shriners HospitalsSUPPORT HEALTH CARE FOR CHILDREN IN NEED | Tampa, FL | $50K | 2022 |
| St Francis Of Assisi KitchenFOOD FOR NEEDY | Scranton, PA | $50K | 2023 |
| American Red CrossHUMANITARIAN WORK | Washington, DC | $50K | 2023 |
| Key Colony Fishing Boating ClubSUPPORT YOUTH PROGRAMS | Key Colony Beach, FL | $6K | 2023 |
KANSAS CITY, MO
CARLSBAD, NM
ESTACADA, OR
OVERLAND PARK, KS
BROOKLYN, NY
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
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