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The Marnell Foundation is a private corporation based in LAS VEGAS, NV. The foundation received its IRS ruling in 1996. The principal officer is Judi Sewald. It holds total assets of $7.1M. Annual income is reported at $5.5M. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. Tax records are available from 2016 to 2023. According to available records, The Marnell Foundation has made 16 grants totaling $735K, with a median grant of $10K. Annual giving has decreased from $510K in 2020 to $170K in 2022. Individual grants have ranged from $5K to $500K, with an average award of $46K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Nevada. 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.
The Marnell Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NV.
The Marnell Foundation has distributed a total of $735K across 16 grants. The median grant size is $10K, with an average of $46K. Individual grants have ranged from $5K to $500K.
The application deadline is APPLICATIONS ARE ACCEPTED AT ANY TIME.
The Marnell Foundation is headquartered in LAS VEGAS, NV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anthony A Marnell Ii | TRUSTEE - PRESIDENT | $0 | $0 | N/A |
| Alisa Wilson | TRUSTEE - SECRETARY/TREASU | $0 | $0 | N/A |
| Anthony A Marnell Iii | TRUSTEE | $0 | $0 | N/A |
| Meredith Ellis | TRUSTEE | $0 | $0 | N/A |
Total Giving
$6K
Total Assets
$3.5M
Fair Market Value
$3.4M
Net Worth
$3.5M
Grants Paid
N/A
Contributions
$2M
Net Investment Income
$85K
Distribution Amount
$72K
Total: N/A
Total Grants
16
Total Giving
$735K
Average Grant
$46K
Median Grant
$10K
Unique Recipients
8
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Rose Dominican Health FoundationPROGRAM SUPPORT | Henderson, NV | $25K | 2022 |
| Boy Scouts Of America Las Vegas Area CouncilPROGRAM SUPPORT | Las Vegas, NV | $20K | 2022 |
| Folds Of HonorPROGRAM SUPPORT | Las Vegas, NV | $10K | 2022 |
| Boys & Girls Club Of Trukee MeadowsPROGRAM SUPPORT | Reno, NV | $10K | 2022 |
| Pbs RenoPROGRAM SUPPORT | Reno, NV | $10K | 2022 |
| Pinocchio'S Moms On The RunPROGRAM SUPPORT | Reno, NV | $10K | 2022 |
| Las Vegas Metropolitan Police Department FoundationPROGRAM SUPPORT | Las Vegas, NV | $50K | 2021 |
| Nevada Community FoundationPROGRAM SUPPORTPROGRAM SUPPORTPROGRAM SUPPORTPROGRAM SUPPORT | Las Vegas, NV | $500K | 2020 |