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Filing year 2024

MARCECO FOUNDATION

Grand Rapids, Michigan·EIN 81-0990850·NTEE S80 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$3.1M
Total assets
$3.3M
Total expenses
$105k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. MARCECO FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Board Member/president/secretary
Board Member/treasurer
Board Member

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$103k

Itemized grants

1

Median grant

$103k

RecipientLocationPurposeAmount
DORDT COLLEGESIOUX CENTER, IASCHOLARSHIP FUND$103k
Financial trend

Revenue and expenses over time

MARCECO FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$254k
$156k
2023
$3.1M
$105k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Community Improvement & Capacity Building executives earn in Michigan

MARCECO FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Michigan earns a median of $74,706.

25th percentile
$36k
Median
$74,706
75th percentile
$131k
90th percentile
$272k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 321 organizations across 321 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for Michigan
FAQ

Common questions about MARCECO FOUNDATION

What are MARCECO FOUNDATION's revenue and expenses?

In 2024, MARCECO FOUNDATION reported $3.1M in total revenue and $105k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.