Overview
What is The John D Marshall Foundation Inc?
The John D Marshall Foundation Inc, based in Miami Beach, Florida, primarily functions as a philanthropic organization. It holds and manages contributions, grants, and donations intended for the benefit of its supported organizations. In the current year, it has distributed funds to two such organizations: the Georgia Institute of Technology and the Humane Society of Greater Miami, Inc., contributing $150,000 and $30,000 respectively. The Foundation's mission is to support these organizations, providing resources that contribute to their operations and initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Stars
The John D Marshall Foundation Inc has achieved a respectable score of 80%, which translates to a Three-Star rating. This rating is solely based on its Accountability & Finance metrics, emphasizing the charity's commitment to responsible financial management and transparency. The organization's strong score reflects a solid performance in several key areas, indicating a well-managed nonprofit.
Notable strengths include a fully independent board, with 10 out of 10 points awarded for having a majority of independent members. Additionally, the foundation has successfully demonstrated no material diversion of assets and possesses a comprehensive conflict of interest policy, showcasing a commitment to ethical governance. The program expense ratio is impressive at 95.53%, meaning that a significant portion of its resources is allocated directly to its mission-driven activities.
While the overall score is commendable, it is primarily based on financial accountability rather than programmatic impact or effectiveness. Users seeking insights into the charity's broader societal influence may find this limitation significant. Overall, the foundation appears to be well-structured and fiscally responsible, but potential donors might want to look further into its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The John D Marshall Foundation Inc legitimate?
The John D Marshall Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The John D Marshall 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: $0
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What is the mission statement of The John D Marshall Foundation Inc?
The John D Marshall Foundation Inc's mission is to manage and distribute gifts, grants, and contributions for the benefit of the organizations it supports. Its primary goal is to make disbursements to one or more of these organizations for their use. In the current year, the foundation contributed $150,000 to the Georgia Institute of Technology and $30,000 to the Humane Society of Greater Miami Inc., two organizations it assists. The foundation's role is to support these organizations financially, thereby contributing to their ongoing activities and objectives.
Who is the CEO of The John D Marshall Foundation Inc?
John D Marshall is the President, Treasurer & Sec. of The John D Marshall Foundation Inc.
What is the revenue of The John D Marshall Foundation Inc?
The John D Marshall Foundation Inc's revenue in 2022 was $5,424.
Who are the executives of The John D Marshall Foundation Inc and what are their salaries?
There 3 volunteers at The John D Marshall Foundation Inc.
Here are 3 key members and their salaries:
- 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 The John D Marshall Foundation Inc?
The John D Marshall Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The John D Marshall Foundation Inc
The John D. Marshall Foundation Inc is committed to managing gifts, grants, and contributions intended for the benefit of the organizations it supports. Its primary mission is to make distributions to, or for the use of, one or more of these supported organizations. The foundation serves as a financial steward, ensuring that the contributions it receives are allocated effectively and efficiently to the organizations it supports. In the current year, as an example, The John D. Marshall Foundation Inc made donations of $150,000 to the Georgia Institute of Technology and $30,000 to the Humane Society of Greater Miami, Inc., demonstrating its dedication to supporting the causes represented by these organizations.
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Impact
October, 2024
The John D Marshall Foundation Inc makes a significant impact by channeling funds to support vital organizations. In the current year, it has funded the Georgia Institute of Technology with $150,000, an investment that fosters education and innovation. Additionally, the foundation contributed $30,000 to the Humane Society of Greater Miami, Inc., enhancing animal welfare efforts in the community. By facilitating these financial contributions, the foundation plays a pivotal role in supporting initiatives that promote educational advancement and improve the lives of animals, reflecting its commitment to philanthropy and community betterment.
This information is meant to be a general summary of The John D Marshall 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: $5,424
- Gross Receipts: $5,424
Assets and Liabilities:
- Total Assets: $2,952,179
- Total Liabilities: $0
- Net Assets: $2,952,179
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Organization Details
Founding Year
2013
Phone
(305) 791-1702Principal Officer
John D Marshall
Main Address
PO BOX 190778, MIAMI BEACH, FL, 33119
NTEE Category
Code: T12 - Philanthropy
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