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Richard E And Nancy P Marriott Foundation Inc. is a private corporation based in BETHESDA, MD. The foundation received its IRS ruling in 1996. The principal officer is Nancie Lynch. It holds total assets of $61.6M. Annual income is reported at $13.6M. Total assets have grown from $13.5M in 2011 to $61.6M in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2024. According to available records, Richard E And Nancy P Marriott Foundation Inc. has made 5 grants totaling $18.2M, with a median grant of $4M. Annual giving has grown from $3.2M in 2020 to $4M in 2023. Grantmaking activity was highest in 2022 with $8.2M distributed across 2 grants. Individual grants have ranged from $2.8M to $4.1M, with an average award of $3.6M. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
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.
Richard E And Nancy P Marriott Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MD.
Richard E And Nancy P Marriott Foundation Inc. has distributed a total of $18.2M across 5 grants. The median grant size is $4M, with an average of $3.6M. Individual grants have ranged from $2.8M to $4.1M.
The application deadline is NONE.. None.
Richard E And Nancy P Marriott Foundation Inc. is headquartered in BETHESDA, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nancie Lynch | CEO/TREASURER/SECRETARY | $145K | $10K | $154K |
| Jim Poulos | ASSISTANT TREASURER | $17K | $0 | $17K |
| Nancy P Marriott | DIRECTOR | $0 | $0 | N/A |
| Ralph W Hardy Jr | DIRECTOR | $0 | $0 | N/A |
| Richard E Marriott | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$61.6M
Fair Market Value
N/A
Net Worth
$61.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$18.2M
Average Grant
$3.6M
Median Grant
$4M
Unique Recipients
1
Most Common Grant
$4.1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedCHARITABLE PURPOSES - SEE ATTACHED | Bethesda, MD | $4M | 2023 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD