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Nonprofiteer
← MARINE CORPS LEAGUE FOUNDATION INC

Form 990 for tax year 2024

Filed by MARINE CORPS LEAGUE FOUNDATION INC.

Totals

Total revenue
$140,960
Total expenses
$164,891
Contributions and grants received
$28,968
Grants paid
$139,631
Program service revenue
$0
Investment income
$111,242
Other revenue
$750
Total assets, end of year
$1,758,851
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,758,851
Program services expenses (Part IX)
$139,631
Management and general expenses
$23,861
Fundraising expenses
$1,399
Program service expenses (Part III)
$139,631

Program services were 84.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $28,968

  • 3 · Investment income

    total $111,242 · excluded $111,242

  • 10a · Gross sales of inventory

    $750

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $750 · excluded $750

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $139,631 · program services $139,631

  • 11c · Fees: accounting

    total $17,250 · management and general $17,250

  • 17 · Travel

    total $1,523 · management and general $1,523

  • 24a · Other expenses: TAXES AND LICENSES

    total $2,051 · management and general $2,051

  • 24b · Other expenses: OTHER EXPENSES-FUNDRAIS

    total $1,399 · fundraising $1,399

  • 24c · Other expenses: TECHNOLOGY FEES

    total $1,369 · management and general $1,369

  • 24d · Other expenses: OTHER EXPENSES

    total $1,020 · management and general $1,020

  • 24e · All other expenses

    total $648 · management and general $648

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $38,807 · end of year $47,316

  • 8 · Inventories for sale or use

    beginning of year $7,770 · end of year $10,494

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $688

  • 11 · Investments: publicly traded securities

    beginning of year $1,365,987 · end of year $1,395,273

  • 12 · Investments: other securities

    beginning of year $311,973 · end of year $305,768

  • 15 · Other assets

    beginning of year $703 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,477,755 · end of year $1,501,176

  • 28 · Net assets with donor restrictions

    beginning of year $248,173 · end of year $257,675

Mission and programs · 2024

Mission

ADMINISTRATION OF THE HUMANITARIAN AID, SCHOLARSHIP AND YOUTH FUND PROGRAMS.

Activities or mission (Part I)

ADMINISTRATION OF HUMANITARIAN AID, SCHOLARSHIP DISASTER RELIEF AND YOUTH FUND PROGRAMS.

  • AWARD SCHOLARSHIPS TO QUALFIED RECIPIENTS AS DETERMINED BY THE MARINE CORPS LEAGUE SCHOLARSHIP COMMITTEE. FOR THE YEAR ENDING APRIL 30, 2025 133 SCHOLARSHIPS TOTALING $98,000 WERE AWARDED.

    Expenses $98,000 · Grants $98,000

  • PROVIDED HUMANITARIAN AID TO MARINES AND FAMILIES OF MARINES WHO ARE IN DIFFICULT SITUATIONS. THIS YEAR 11 INDIVIDUALS AND FAMILIES WERE ASSISTED.

    Expenses $37,281 · Grants $37,281

  • TO PROVIDE FUNDING THAT SUPPORTS PHYSICAL FITNESS, GOOD CITIZENSHIP AND LEADERSHIP IN YOUTH AS WELL AS TO RECOGNIZE STUDENTS AND COACHES WHO PARTICIPATE IN THE PROGRAM.

    Expenses $4,350 · Grants $4,350

As filed on the 2024 return.

Listed in Part VII

  • HOWARD SCHAEFFER

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • GERARD DEVLIN

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • HARRY MCCANN

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • POLLY WEIDENKOPF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BO DURHAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • KURK ANDERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TODD REHFUSS

    TREASURER (SINCE OCTOBER 2023)

    Total calculated
    $0
    Hours/week
    2

  • JAMES POWELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JIM TUOHY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • ANDREW WEST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
12 February 2026
IRS schema version
2024v5.5
Source object
202610439349301676

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