The Bill and Margaret Marvin Foundation
The Bill and Margaret Marvin Foundation is a private foundation, based in Warroad, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $10.9M in total assets. In 2025, it awarded 3 grants totaling $807K. Net investment income was $510K.
Key facts about The Bill and Margaret Marvin Foundation
In short: The Bill and Margaret Marvin Foundation gave $807K across 3 grants in 2025 (avg $269K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- EIN
- 27-4708403
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $807,000
- Grants made (2025)
- 3
- Average grant
- $269,000
- Median grant
- $200,000
- Total assets
- $10,903,987
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$10.9M
-3.2% YoY
Annual Giving
$807K
+11.3% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$269K
-25.8% YoY
Under IRS private-foundation payout rules, The Bill and Margaret Marvin Foundation reported a distributable amount of $941K for 2025 — the minimum it must pay out in qualifying distributions.
How The Bill and Margaret Marvin Foundation gives
- Giving held roughly steady from 2022 to 2025 (−5%). Method
- In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with The Bill and Margaret Marvin Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $716K (2021) to $850K (2022). In 2025 it made 3 grants totaling $807K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was St Paul & Minnesota Foundation ($557K). Together the top 3 received $807K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 15 (27%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Paul & Minnesota Foundation Saint Paul, MN | Community Improvement | $557,000 |
| Warroad Community Development Warroad, MN | Community Improvement | $200,000 |
| Warroad Historical Society Warroad, MN | Community Improvement | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $10,903,987 | $11,268,476 | $11,508,926 |
| Revenue | $635,992 | $673,076 | $571,527 |
| Expenses | $1,000,481 | $913,376 | $882,836 |
| Qualifying Distributions | $865,683 | $785,237 | $779,204 |
| Net Investment Income | $510,347 | $551,227 | $467,005 |
| Distributable Amount | $941,398 | $867,229 | $778,835 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 16, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 29, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 16, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 23, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
The Bill and Margaret Marvin Foundation is led by George G. Marvin III, Chair on every filing since 2019; 1 of 6 officers listed in 2025 is compensated.
Officers on the 2025 filing
George G. Marvin III
Chair
On filings since 2019
0.5 hrs/week
No compensation reported
George G. Marvin
Director
On filings since 2019
0.5 hrs/week
No compensation reported
John W. Marvin
Vice Chair & Director
On filings since 2019
0.5 hrs/week
No compensation reported
Jeffary M. Johnson
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Paul H. Marvin
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Elliot J. Larson
Secretary & Treasurer
On filings since 2019
12 hrs/week
$81K (2020) → $101K (2025)
Former officers (2)
- Former: Frank R. Marvin (2019–2022) — Director
- Former: Margaret Ann Johnson (2019–2022) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $101K, to Elliot J Larson (Secretary/Treasurer).
Frequently asked questions about The Bill and Margaret Marvin Foundation
How much does The Bill and Margaret Marvin Foundation give each year?
The Bill and Margaret Marvin Foundation gave $807K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $725K across 2 grants.
What is The Bill and Margaret Marvin Foundation's typical grant size?
The Bill and Margaret Marvin Foundation's median grant in 2025 was $200,000, and its average grant was $269,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Bill and Margaret Marvin Foundation give grants?
The Bill and Margaret Marvin Foundation gives mostly in Minnesota: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Warroad, MN (2 grants).
Does The Bill and Margaret Marvin Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on The Bill and Margaret Marvin Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Improvement" (3 grants).
How large is The Bill and Margaret Marvin Foundation?
The Bill and Margaret Marvin Foundation reported $10.9M in total assets on its 2025 IRS Form 990-PF. It paid out $866K in qualifying distributions that year, against a required minimum of $941K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Bill and Margaret Marvin Foundation's EIN?
The Bill and Margaret Marvin Foundation's EIN (Employer Identification Number) is 27-4708403. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Bill and Margaret Marvin Foundation by hand.
Explore Open Grants
Browse active grant opportunities in The Bill and Margaret Marvin Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Minnesota
Northwest Minnesota Foundation
Bemidji, MN
Northwest Minnesota Foundation funds community-led projects and nonprofits working on family and community well-being, health, housing, child care, workforce development, and nonprofit capacity, primarily across 12 counties in northwest Minnesota. Its 2025 grants ranged from $5,250 to $200,962, with a median of $15,600; whether it accepts unsolicited requests is not stated.
Assets
$110.7M
Grants
89
Total Given
$2.4M
The Susan I Marvin Charitable Trust
Dallas, TX
Assets
$4.1M
Grants
6
Total Given
$242K
LifeCare Medical Center
Roseau, MN
To provide care for a healthy life.
Assets
$128.0M
Grants
6
Total Given
$140K
First Children's Finance
Minneapolis, MN
First Children’s Finance funds and supports child care businesses and community projects that expand access to quality early care, including facility improvements, technology, and provider support. Its 2025 grants ranged from $5,283 to $50,000, with a median award of $11,839; grantmaking is mainly in Minnesota, Vermont, and Wisconsin, while its lending spans ten states.
Assets
$7.0M
Grants
80
Total Given
$1.1M
C K Blandin Foundation
Grand Rapids, MN
The C K Blandin Foundation funds community wealth-building, rural placemaking and small-community efforts, including work on housing, civic engagement, community spaces and food systems. It primarily supports rural Minnesota, especially Itasca County and nearby communities, and its 2024 median grant was $2,900, though awards ranged from $50 to $335,000.
Assets
$506.3M
Grants
931
Total Given
$15.8M
The Minneapolis Foundation
Minneapolis, MN
The Minneapolis Foundation supports civic, social, and economic needs, including economic mobility, education equity, community safety, health, and the environment. In 2025, its grants had a median of $25,000, though awards varied widely; 77% of grant dollars went to Minnesota recipients. It does not state a general policy on unsolicited requests; current opportunities are closed, and some programs are invitation-based.
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
Saint Paul & Minnesota Foundation
St. Paul, MN
The Saint Paul & Minnesota Foundation funds community-led work in areas including economic development, health and human services, youth and education, arts and culture, democracy, and nonprofit capacity, serving the East Metro and communities statewide. Its 2025 grants had a median of $26,000, while the Management Improvement Fund offers up to $15,000. It accepts unsolicited requests through open application programs, though some opportunities are invite-only.
Assets
$1.7B
Grants
1,473
Total Given
$107.2M
The Richard M Schulze Family Foundation
Minneapolis, MN
The Richard M. Schulze Family Foundation funds education, health care, and human services, including college scholarships, with most support benefiting working- and middle-class families in specified Minnesota and Florida counties; it also makes some national grants. Its 2024 grants had a median of $5,000, though awards ranged from $50 to $10 million. It plans to move to invitation-only grantmaking in 2027; whether it currently accepts unsolicited requests is not stated.
Assets
$218.3M
Grants
1,431
Total Given
$47.9M
Wells Fargo Foundation
Minneapolis, MN
The Wells Fargo Foundation funds nonprofits working on financial opportunity, affordable housing, and small-business growth, with giving at national and local levels. Its 2025 grants ranged from $3,000 to $8 million, with a median of $35,000. It does not accept unsolicited requests; eligible organizations are invited to apply.
Assets
$8.6M
Grants
1,376
Total Given
$157.4M
The McKnight Foundation
Minneapolis, MN
The McKnight Foundation funds nonprofit organizations, research, and community initiatives in arts and culture, food systems, climate and energy, neuroscience, and equitable communities, primarily in Minnesota and the Midwest, with some work in Africa and South America and beyond. Its 2024 grants ranged from $1,150 to $10 million, with a median of $100,000; prospective applicants are asked to contact program staff first, who provide proposal instructions if they determine funding may be considered.
Assets
$2.7B
Grants
790
Total Given
$145.9M
Neighborhood Development Center Inc
Saint Paul, MN
Neighborhood Development Center supports entrepreneurs and neighborhood revitalization through business financing, training, services, and affordable commercial space, primarily in Saint Paul and Minneapolis, with grants going to Minnesota recipients. Its 2025 grants ranged from $5,100 to $207,211, with a median of $13,500. It does not state a general policy on unsolicited requests; a specific small-business grant RFP described was a past cycle.
Assets
$55.3M
Grants
571
Total Given
$10.2M
Marshall H and Nellie Alworth Memorial Fund
Duluth, MN
The Marshall H and Nellie Alworth Memorial Fund awards scholarships to eligible students pursuing mathematics, science, engineering, or medical fields, primarily serving students from northern Minnesota. Recent awards were typically $2,500, with grants ranging from $2,500 to $3,000. It accepts applications through its scholarship programs; high-school applications are due January 15, and the college-transfer pathway also has an application process.
Assets
$18.4M
Grants
566
Total Given
$1.5M
More Funders in Minnesota
The Bill and Margaret Marvin Foundation down — hundreds of funders to go?