Overview
What is Marc Endowment Inc?
Marc Endowment Inc is a nonprofit organization situated in Midland, Texas. Its primary objective is to support and benefit MARC, Inc. by managing endowment investments and granting funds for their benefit. This organization operates with the goal of contributing to MARC, Inc's activities and missions, demonstrating a commitment to its growth and development. The exact nature of MARC, Inc's activities or mission is not specified in the provided information.
Is Marc Endowment Inc legitimate?
Marc Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marc Endowment Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Marc Endowment Inc?
Marc Endowment Inc's mission centers around supporting MARC, Inc. This is achieved by managing endowment investments and making grants, or by participating in activities that benefit MARC, Inc. In essence, the organization's role is to contribute to the betterment of MARC, Inc. by leveraging its endowment fund and various activities. The goal is to support and enhance the operations and objectives of MARC, Inc. in an exclusive capacity.
What is the revenue of Marc Endowment Inc?
Marc Endowment Inc's revenue in 2024 was $158,365.
Who are the executives of Marc Endowment Inc and what are their salaries?
There 7 volunteers at Marc Endowment Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Marc Endowment Inc?
Marc Endowment Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Marc Endowment Inc
Marc Endowment Inc, as a nonprofit organization, is dedicated to serving the exclusive benefit of MARC, Inc. Through its operations, the organization manages endowment investments and dispenses grants, or engages in activities, all with the aim of supporting or benefiting MARC, Inc. In essence, Marc Endowment Inc's mission is centered around contributing to the advancement and betterment of MARC, Inc in various capacities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Marc Endowment Inc has a significant impact on the community by managing endowment investments that provide essential financial support to MARC, Inc. Through its strategic grant-making and activities, the organization enhances the resources available for MARC, Inc., allowing it to deliver vital human services. The focus on maximizing the financial sustainability of MARC, Inc. ensures that it can continue its mission, benefiting individuals and families in Midland, TX, and surrounding areas. By investing in programs and initiatives that support MARC, Inc., Marc Endowment Inc plays a crucial role in fostering a stronger, more resilient community.
This information is meant to be a general summary of Marc Endowment Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $146,247
- Gross Receipts: $246,636
Assets and Liabilities:
- Total Assets: $2,476,684
- Total Liabilities: $8,799
- Net Assets: $2,467,885
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2001
Principal Officer
Kayla Minchew
NTEE Category
Code: P118 - Human services
If you are a representative of Marc Endowment Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.