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Marvelous Foundation is a private corporation based in BYRON CENTER, MI. The foundation received its IRS ruling in 2022. The principal officer is Marvin L Gritters. It holds total assets of $213K. Annual income is reported at $70K. Total assets have grown from $104K in 2022 to $154K in 2023. The foundation is governed by 3 officers and trustees. Evaluated and made grant to bethany united reformed church , byron center, mi to support christian education assistance of said donee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Marvelous Foundation has made 3 grants totaling $12K, with a median grant of $5K. Annual giving has decreased from $10K in 2022 to $2K in 2023. Individual grants have ranged from $2K to $5K, with an average award of $4K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Evaluated and made grant to remnant reformed church , walker, mi to support charitable mission of said donee
Expenses: $2K
Evaluated and made grant to bethany united reformed church , byron center, mi to support christian education assistance of said donee. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MI.
Marvelous Foundation has distributed a total of $12K across 3 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $2K to $5K.
Marvelous Foundation typically selects its grantees rather than accepting unsolicited proposals.
Marvelous Foundation is headquartered in BYRON CENTER, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marvin Gritters | PRESIDENT | $0 | $0 | N/A |
| Marcia Gritters | VICE PRESIDENT | $0 | $0 | N/A |
| Keith Gritters | SECRETARY / VICE ALL | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$154K
Fair Market Value
$154K
Net Worth
$154K
Grants Paid
$2K
Contributions
$50K
Net Investment Income
$3K
Distribution Amount
$6K
Total Grants
3
Total Giving
$12K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
2
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Remnant Reformed ChurchSUPPORT DONEE'S MISSION | Grand Rapids, MI | $2K | 2023 |
| Bethany United Reformed ChurchSUPPORT DONEE'S MISSION | Wyoming, MI | $5K | 2022 |