THE ORGANIZATION OPERATES FOR THE EXCLUSIVE BENEFIT OF MARC, INC. BY MANAGING ENDOWMENT INVESTMENTS AND MAKING GRANTS TO OR FOR THE BENEFIT OF MARC, INC., AND ENGAGING IN ACTIVITIES THAT SUPPORT OR BENEFIT MARC, INC.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.2M
+11.8% YoY
Revenue
$158K
-52.8% YoY
Net Investment Income
$158K
+154.8% YoY
Expenses
$306K
+216.7% YoY
About Marc Endowment Inc
Based on IRS filings
Marc Endowment Inc is a nonprofit organization focused on Human Services, based in MIDLAND, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.2M in total assets. Net investment income was $158K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,197,327 | $2,860,679 | $2,476,684 |
| Revenue | $158,365 | $335,535 | $58,181 |
| Expenses | $306,318 | $96,726 | $20,707 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $158,365 | $62,141 | $58,181 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANDY SHAFFER | PRESIDENT | 1 | — |
| TOM HILL | VICE-PRESIDENT | 1 | — |
| CHARLIE DAVIDSON | SECRETARY | 1 | — |
| BOB MCNAUGHTON | TREASURER | 1 | — |
| BLAKE CAUTHEN | BOARD DIRECTOR | 1 | — |
| CLINT WILLIAMSON | BOARD DIRECTOR | 1 | — |
| BROOKS SITKA | BOARD DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marc Endowment Inc?
Marc Endowment Inc is a nonprofit organization focused on Human Services, based in MIDLAND, TX. It holds $3.2M in total assets as of 2024.
How large is Marc Endowment Inc?
As of 2024, Marc Endowment Inc holds $3.2M in total assets with $158K in annual revenue.
Where does Marc Endowment Inc operate?
Marc Endowment Inc has awarded grants in Texas.
What is Marc Endowment Inc's EIN?
Marc Endowment Inc's EIN (Employer Identification Number) is 31-1807636. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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