Overview
What is Marquardt Foundation Inc?
Marquardt Foundation Inc, based in Watertown, Wisconsin, serves as a charitable entity that manages and distributes funds for the benefit of Marquardt Village Inc and its affiliates. The foundation's primary mission is to support various activities, including hospice care, chapel services, resident activities, and other related purposes, all aimed at enhancing the overall well-being of those it serves. Grounded in faith, the organization's work is dedicated to promoting health and welfare for each individual it serves. The Marquardt Foundation Inc operates under the auspices of the Western District Executive Board of the Moravian Church, extending its support to a wide range of benevolent, charitable, educational, and religious institutions.
Official website here: www.marquardtvillage.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
The Marquardt Foundation Inc has earned a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The overall score is derived entirely from its exemplary performance in the Accountability & Finance beacon, showcasing its commitment to transparency and responsible management of funds. A score of 100% for independent board members reflects a strong governance structure, which is crucial for maintaining donor trust.
Strengths of the organization include its well-established policies on conflict of interest, whistleblowing, and document retention, all of which are designed to uphold ethical standards and operational integrity. The foundation's financial metrics are particularly impressive, with a program expense ratio of approximately 84%, signifying that a substantial portion of its expenditures directly supports its mission. Additionally, the absence of any material diversion of assets further reinforces its sound financial practices.
While the data presents a positive picture of Marquardt Foundation Inc, it is important for potential donors to consider the impact of the foundation's programs. Although the financial metrics are strong, the effectiveness of the programs funded by these expenditures has not been detailed in the available information. This could be an area for potential improvement, as understanding program outcomes is vital for assessing overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Marquardt Foundation Inc legitimate?
Marquardt Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marquardt Foundation 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: $13,925
For more financial information, click here
Official website here: www.marquardtvillage.org
What is the mission statement of Marquardt Foundation Inc?
The Marquardt Foundation Inc's primary purpose is to raise funds for various exempt activities, including nursing homes, hospitals, schools, religious institutes, and benevolent, charitable, or educational institutions. Grounded in faith, the organization's mission is to promote the health and well-being of each individual they serve. The foundation manages and controls assets for the benefit of Marquardt Village Inc and its affiliates, providing funds for hospice, chapel, resident activities, and other related purposes.
Official website here: www.marquardtvillage.org
Who is the CEO of Marquardt Foundation Inc?
Matthew Mauthe is the Ceo of Marquardt Foundation Inc. The CEO's salary of Marquardt Foundation Inc is $0 and their total compensation is $556,998.
Official website here: www.marquardtvillage.org
What is the revenue of Marquardt Foundation Inc?
Marquardt Foundation Inc's revenue in 2022 was $5,300,535.
Official website here: www.marquardtvillage.org
Who are the executives of Marquardt Foundation Inc and what are their salaries?
Here are 19 key members and their salaries (Marquardt Foundation Inc's CEO's salary is $0 and their total compensation is $556,998):
- 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
- Compensation: $0
- Related: $516,650
- Other: $40,348
- Compensation: $0
- Related: $290,278
- Other: $36,357
- Compensation: $0
- Related: $164,057
- Other: $0
- Compensation: $0
- Related: $153,358
- Other: $45,891
- Compensation: $0
- Related: $172,548
- Other: $2,734
- Compensation: $0
- Related: $168,623
- Other: $4,924
- Compensation: $0
- Related: $154,775
- Other: $13,945
- Compensation: $0
- Related: $129,621
- Other: $35,774
- Compensation: $0
- Related: $133,809
- Other: $13,252
- Compensation: $0
- Related: $135,965
- Other: $9,089
- Compensation: $0
- Related: $121,704
- Other: $5,796
- Compensation: $0
- Related: $110,811
- Other: $3,314
Official website here: www.marquardtvillage.org
Where can I find the form 990 for Marquardt Foundation Inc?
Marquardt Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marquardtvillage.org
Learn more at the official website: www.marquardtvillage.org
Mission Statement of Marquardt Foundation Inc
Marquardt Foundation Inc, grounded in faith, is committed to promoting the health and well-being of each individual they serve. This nonprofit organization raises funds for various activities, institutions, and organizations that align with the Western District Executive Board of the Moravian Church. Specifically, Marquardt Foundation Inc supports nursing homes, hospitals, schools, religious institutions, benevolent, charitable, or educational activities or institutions. The funds they raise are utilized for the promotion, acquisition, or operation of these entities. The foundation also provides financial support for specific purposes such as hospice, chapel, resident activities, and other related needs within the organizations they benefit.
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Impact
July, 2024
Marquardt Foundation Inc's impact is focused on promoting the health and well-being of individuals through raising funds for nursing homes, hospitals, schools, religious institutes, and charitable activities affiliated with the Western District Executive Board of the Moravian Church. The organization solicits and manages assets for the benefit of Marquardt Village Inc and its affiliates, providing support for hospice, chapel services, resident activities, and other related purposes. Through its activities, Marquardt Foundation Inc contributes to enhancing the quality of life and care for the individuals served by these institutions.
This information is meant to be a general summary of Marquardt Foundation 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 2022.
- Investment Income: $264,758
- Gross Receipts: $16,208,739
Assets and Liabilities:
- Total Assets: $10,810,428
- Total Liabilities: $14,739
- Net Assets: $10,795,689
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Organization Details
Founding Year
1986
Phone
(920) 261-0400Principal Officer
Matthew Mauthe
Main Address
1045 HILL STREET, WATERTOWN, WI, 53098
Website
www.marquardtvillage.orgNTEE Category
Code: Z99 - Unknown
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