Overview
What is The Wilbur Marvin Foundation?
The Wilbur Marvin Foundation is a philanthropic organization established with the purpose of supporting the Baton Rouge Area Foundation (BRAF) and various other charitable, educational, and civic organizations. Located in Baton Rouge, Louisiana, the foundation aids BRAF in facilitating mission-related real estate projects and distributing funds. Its primary mission is to fund tax-exempt organizations that promote charitable, scientific, literary, or educational activities, ultimately contributing to the betterment of humanity. The foundation operates under Section 501(c)(3) of the Internal Revenue Code, ensuring its tax-exempt status, and supports non-private foundations as described in Section 509(a)(1) or (a)(2) of the Code.
Is The Wilbur Marvin Foundation legitimate?
The Wilbur Marvin Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wilbur Marvin Foundation 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 The Wilbur Marvin Foundation?
The Wilbur Marvin Foundation's mission is centered around supporting tax-exempt organizations that focus on charitable, scientific, literary, or educational activities. The primary goal is to enhance the well-being of mankind. The foundation operates to benefit and support organizations that fall under Section 501(C)(3) of the federal income tax code and are classified as non-private foundations. These organizations are engaged in various charitable, benevolent, civic, moral, religious, arts, cultural, medical, and educational uses and purposes, aiming to assist, encourage, and promote the overall well-being of humanity.
Who is the CEO of The Wilbur Marvin Foundation?
Andrew Mcmains is the President/Chairman of The Wilbur Marvin Foundation.
What is the revenue of The Wilbur Marvin Foundation?
The Wilbur Marvin Foundation's revenue in 2022 was -$552,459.
Who are the executives of The Wilbur Marvin Foundation and what are their salaries?
There 4 volunteers at The Wilbur Marvin Foundation.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $689,899
- Other: $36,622
- 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: $434,790
- Other: $25,208
- Compensation: $0
- Related: $90,000
- Other: $0
- Compensation: $0
- Related: $255,586
- Other: $77,829
Where can I find the form 990 for The Wilbur Marvin Foundation?
The Wilbur Marvin Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Wilbur Marvin Foundation
The Wilbur Marvin Foundation is established with the primary objective of providing financial support to tax-exempt organizations. These organizations, in turn, engage in charitable, scientific, literary, or educational activities that contribute positively to the well-being of mankind. The foundation's mission is multifaceted, aiming to benefit and support organizations that are exempt from federal income tax under Section 501(C)(3) of the code. Notably, these organizations fall under the category of non-private foundations, as described in Section 509(A)(1) or (A)(2) of the code.
The Wilbur Marvin Foundation's purpose is to aid and uplift these charitable organizations by supporting their activities that cater to various uses and purposes. These include, but are not limited to, charitable, benevolent, civic, moral, religious, arts, cultural, medical, and educational endeavors. By financially backing these organizations, the foundation seeks to assist, encourage, and promote the well-being of mankind in the most effective manner possible.
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Impact
October, 2024
The Wilbur Marvin Foundation has made a significant impact by funding organizations that promote the well-being of humanity through charitable, scientific, literary, and educational activities. By providing financial support to the Baton Rouge Area Foundation (BRAF), the foundation plays a crucial role in facilitating mission-related real estate projects and distributing essential funds to various charitable, cultural, religious, educational, and civic organizations in the Baton Rouge area.
Through its strategic focus on supporting exempt organizations, the Wilbur Marvin Foundation enhances community welfare by enabling initiatives that cover a broad spectrum of areas, including arts, education, and health. This not only creates a ripple effect of positive change but also encourages collaboration among nonprofits, ultimately strengthening the social fabric of the region. The foundation's commitment to promoting well-being ensures that its impact is felt across multiple sectors, fostering a thriving community in Baton Rouge and beyond.
This information is meant to be a general summary of The Wilbur Marvin Foundation. 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: -$1,908,223
- Gross Receipts: $1,528,014
Assets and Liabilities:
- Total Assets: $115,988,687
- Total Liabilities: $45,483,073
- Net Assets: $70,505,614
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Organization Details
Founding Year
1992
Phone
(225) 924-7206Principal Officer
Andrew Mcmains
Main Address
450 MAIN STREET, BATON ROUGE, LA, 70802
NTEE Category
Code: T900 - Philanthropy
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