EIN 54-1143646

Marine Corps University Foundation (MCUF)

Name: Marine Corps University Foundation (MCUF) financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Quantico

State

Virginia

Year formed

1980

Most recent tax filings

2022-12-01

NTEE code, primary

B43: University or Technological Institute

Description

The Marine Corps University Foundation, a 501(c)(3) nonprofit organization, is the only Marine Corps charity solely dedicated to supporting the Professional Military Education (PME) of Officer and Enlisted Marines at the Marine Corps University.

Total revenues

$1,380,743

2022

Total expenses

$1,480,008

2022

Total assets

$9,252,589

2022

Num. employees

2022

Program areas at MCUF

The Foundation supplemented existing Marine Corps University programs by providing additional resources for a wide range of programs for which government funding is not available. Additionally, the Foundation provided resources to Marine units around the world to support professional military educational and leadership opportunities for which government funding is not available. All grants and allocations were expended in support of the Foundation's exempt purpose.

Who funds Marine Corps University Foundation (MCUF)

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Timothy T Day Foundation	2023-12	Education	$100,000
Schwab Charitable Fund	2023-06	Education	$51,795
Equitable Foundation	2022-12	General Contribution	$30,000
...and 8 more grants received

Personnel at MCUF

Name	Title	Compensation	Date of data
Richard P Mills	President and Chief Executive Officer	$150,000	2023-06-16
Jon Sachrison	Chief Operating Officer	$108,282	2022-12-31
Meredith K Terrian	Chief Development Officer	$121,157	2022-12-31
Leona Sachrison	Director of Development, Marine Corps University Foundation		2021-07-23
Mattrice Williamson	Director of Events X		2022-02-02
...and 6 more key personnel

Financials for MCUF

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$1,084,787	$1,305,467	-16.9%
Program services	$0	$0	-
Investment income and dividends	$143,231	$108,234	32.3%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$1,158	$613	88.9%
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$187,299	$911,063	-79.4%
Net income from fundraising events	$-42,362	$-8,443	-401.7%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$6,630	$2,077	219.2%
Total revenues	$1,380,743	$2,319,011	-40.5%

Form 990s for MCUF

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-06-16	990	View PDF
2021-12	2022-06-09	990	View PDF
2020-12	2021-06-01	990	View PDF
2019-12	2020-09-17	990	View PDF
2018-12	2020-01-23	990	View PDF
...and 8 more Form 990s

Organizations like MCUF

Organization	Type	Location	Revenue
The Delta Sigma Phi Foundation	501(c)(3)	Indianapolis, IN	$1,290,003
Seabee Memorial Scholarship Association	501(c)(3)	Springfield, VA	$1,816,513
Cia Officers Memorial Foundation	501(c)(3)	Herndon, VA	$6,146,950
Concordia University Irvine Foundation	501(c)(3)	Irvine, CA	$2,799,233
Army Heritage Center Foundation	501(c)(3)	Carlisle, PA	$1,056,348
Anchor Scholarship Foundation	501(c)(3)	Virginia Beach, VA	$405,558
Dolphin Scholarship Foundation	501(c)(3)	Virginia Beach, VA	$855,430
Miami University Paper Science and Engineering Foundation	501(c)(3)	Oxford, OH	$558,475
Calvin Coolidge Presidential Foundation	501(c)(3)	Plymouth, VT	$3,037,230
Spencer Educational Foundation	501(c)(3)	New York, NY	$2,712,012

Data update history

December 27, 2023

Received grants

Identified 3 new grant, including a grant for $30,000 from Equitable Foundation

August 21, 2023

Received grants

Identified 1 new grant, including a grant for $25,000 from Nancy and Geoffrey Stack Family Foundation

August 12, 2023

Posted financials

Added Form 990 for fiscal year 2021

August 2, 2023

Posted financials

Added Form 990 for fiscal year 2022

June 10, 2023

Received grants

Identified 6 new grant, including a grant for $330,153 from The Donald Bren Foundation

Nonprofit Types

Grantmaking organizationsSchoolsMilitary and veteran charitiesCharities

Issues

EducationMilitary and veterans

Characteristics

Provides grantsFundraising eventsNational levelEndowed supportProvides scholarshipsGala fundraisersTax deductible donations

General information

Address: PO Box 122; Quantico, VA 22134
Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
County: Prince William County, VA
Website URL: mcufoundation.org/
Phone: (703) 640-6835
Facebook page: MCUF.org
Twitter profile: @mcufoundation

IRS details

EIN: 54-1143646
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1980
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B43: University or Technological Institute
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Independent

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Marine Corps University Foundation (MCUF)

Program areas at MCUF

Who funds Marine Corps University Foundation (MCUF)

Personnel at MCUF

Financials for MCUF

Form 990s for MCUF

Organizations like MCUF

Nonprofits

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