The Bill and Margaret Marvin Foundation

Private foundation · Grantmaker Warroad, MN EIN: 27-4708403

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

WarroadSaint PaulThief River Falls

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M2 grants2019 1 grant2020 4 grants2021 3 grants2022 3 grants2023 2 grants2024 3 grants2025

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

St Paul & Minnesota Foundation: $557KSt Paul & Minnesota Foundation$557KWarroad Community Development: $200KWarroad Community Development$200KWarroad Historical Society: $50KWarroad Historical Society$50K

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

3<$50K1$50–100K4$100–250K4$250–500K3$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 4 grants of 15 (27%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
St Paul & Minnesota Foundation Saint Paul, MNCommunity Improvement$557,000
Warroad Community Development Warroad, MNCommunity Improvement$200,000
Warroad Historical Society Warroad, MNCommunity Improvement$50,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 16, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 29, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 27, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 16, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 23, 2026)
  8. 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

Elliot J Larson — Secretary/Treasurer: $101KElliot J LarsonSecretary/Treasurer$101K

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.

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