Marsh Foundation Inc

Charlotte, NC
Tax-exempt since June 1954
EIN: 56-6056515

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$855k (2024)

Expenses

$360k (2024)

Total Assets

$6.3M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$855,325

Expenses

$360,194

Net Income

$495,131

Net Assets

$6,296,658

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$490,366	57.3%
Interest Revenue	$52,131	6.1%
Dividends	$188,403	22.0%
Sales of Assets	$124,425	14.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$294,250	81.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,296,658
Total Liabilities	$0
Net Assets	$6,296,658

Compensation

Key Employees and Officers	Compensation	Other
Gretchen M Johnston (President)	$0	$0
Hunter J Mclawhorn (Vice President / Asst. Secretary)	$0	$0
James H Mclawhorn (Secretary)	$0	$0

990-PF

Filed on May 7, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$1,002,787

Expenses

$346,988

Net Income

$655,799

Net Assets

$5,850,005

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$802,920	80.1%
Interest Revenue	$16,496	1.6%
Dividends	$142,019	14.2%
Sales of Assets	$41,352	4.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$283,750	81.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,850,005
Total Liabilities	$0
Net Assets	$5,850,005

Compensation

Key Employees and Officers	Compensation	Other
Gretchen M Johnston (President)	$0	$0
Hunter J Mclawhorn (Vice President / Asst. Secretary)	$0	$0
James H Mclawhorn (Secretary)	$0	$0

990-PF

Filed on May 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$690,828

Expenses

$294,390

Net Income

$396,438

Net Assets

$5,125,410

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$446,289	64.6%
Interest Revenue	$3,945	0.6%
Dividends	$117,885	17.1%
Sales of Assets	$122,709	17.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$240,850	81.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,125,410
Total Liabilities	$0
Net Assets	$5,125,410

Compensation

Key Employees and Officers	Compensation	Other
Gretchen M Johnston (President)	$0	$0
Hunter J Mclawhorn (Vice President / Asst. Secretary)	$0	$0
James H Mclawhorn (Secretary)	$0	$0

990-PF

Filed on July 5, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$773,033

Expenses

$318,548

Net Income

$454,485

Net Assets

$4,733,153

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$461,768	59.7%
Interest Revenue	$81	0.0%
Dividends	$92,202	11.9%
Sales of Assets	$218,982	28.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$251,750	79.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,733,153
Total Liabilities	$0
Net Assets	$4,733,153

Compensation

Key Employees and Officers	Compensation	Other
Gretchen M Johnston (President)	$0	$0
Hunter J Mclawhorn (Vice President / Asst. Secretary)	$0	$0
James H Mclawhorn (Secretary)	$0	$0

990-PF

Filed on May 16, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$716,087

Expenses

$322,791

Net Income

$393,296

Net Assets

$4,274,649

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$540,000	75.4%
Interest Revenue	$1,307	0.2%
Dividends	$76,673	10.7%
Sales of Assets	$98,107	13.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$279,250	86.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,274,650
Total Liabilities	$1
Net Assets	$4,274,649

Compensation

Key Employees and Officers	Compensation	Other
Gretchen M Johnston (President)	$0	$0
Hunter J Mclawhorn (Vice President / Asst. Secretary)	$0	$0
James H Mclawhorn (Secretary)	$0	$0

990-PF

Filed on June 4, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$605,579

Expenses

$274,111

Net Income

$331,468

Net Assets

$3,878,730

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$483,860	79.9%
Interest Revenue	$3,441	0.6%
Dividends	$90,404	14.9%
Sales of Assets	$27,874	4.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$236,064	86.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,878,731
Total Liabilities	$1
Net Assets	$3,878,730

Compensation

Key Employees and Officers	Compensation	Other
Gretchen M Johnston (President)	$0	$0
Hunter J Mclawhorn (Vice President / Asst. Secretary)	$0	$0
James H Mclawhorn (Secretary)	$0	$0

990-PF

Filed on July 14, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$101,097

Expenses

$252,143

Net Income

-$151,046

Net Assets

$3,551,367

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,420	6.4%
Dividends	$80,434	79.6%
Sales of Assets	$14,243	14.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$210,550	83.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,551,367
Total Liabilities	$0
Net Assets	$3,551,367

Compensation

Key Employees and Officers	Compensation	Other
Gretchen M Johnston (President)	$0	$0
Hunter J Mclawhorn (Vice President/Asst. Secretary)	$0	$0
James H Mclawhorn (Secretary)	$0	$0

990-PF

Filed on May 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$588,149

Expenses

$203,204

Net Income

$384,945

Net Assets

$3,696,240

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$466,426	79.3%
Interest Revenue	$5,333	0.9%
Dividends	$64,484	11.0%
Sales of Assets	$51,906	8.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$166,550	82.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,696,240
Total Liabilities	$0
Net Assets	$3,696,240

Compensation

Key Employees and Officers	Compensation	Other
Gretchen M Johnston (President)	$0	$0
Hunter J Mclawhorn (Vice President/Asst. Secretary)	$0	$0
James H Mclawhorn (Secretary)	$0	$0

990-PF

Filed on May 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$422,484

Expenses

$326,340

Net Income

$96,144

Net Assets

$3,329,923

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$339,825	80.4%
Interest Revenue	$10,185	2.4%
Dividends	$60,842	14.4%
Sales of Assets	$11,260	2.7%
Other Income	$372	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$292,450	89.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,329,923
Total Liabilities	$0
Net Assets	$3,329,923

Compensation

Key Employees and Officers	Compensation	Other
Gretchen M Johnston (President)	$0	$0
Hunter J Mclawhorn (Vice President/Asst. Secretary)	$0	$0
James H Mclawhorn (Secretary)	$0	$0

990-PF

Filed on May 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$523,035

Expenses

$175,619

Net Income

$347,416

Net Assets

$3,239,895

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$404,679	77.4%
Interest Revenue	$4,743	0.9%
Dividends	$58,977	11.3%
Sales of Assets	$54,636	10.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$139,185	79.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,239,895
Total Liabilities	$0
Net Assets	$3,239,895

Compensation

Key Employees and Officers	Compensation	Other
Gretchen M Johnston (President)	$0	$0
G Alex Marsh Iii (Vice President/Asst. Secretary)	$0	$0
Hunter J Mclawhorn (Vice President/Asst. Secretary)	$0	$0
James H Mclawhorn (Secretary)	$0	$0

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990-PF

Filed on May 13, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$272,434

Expenses

$166,508

Net Income

$105,926

Net Assets

$2,897,119

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$103,239	37.9%
Interest Revenue	$4,507	1.7%
Dividends	$59,380	21.8%
Sales of Assets	$105,212	38.6%
Other Income	$96	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$130,300	78.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,897,119
Total Liabilities	$0
Net Assets	$2,897,119

Compensation

Key Employees and Officers	Compensation	Other
Gretchen M Johnston (President)	$0	$0
G Alex Marsh Iii (Vice President/Asst. Secretary)	$0	$0
Hunter J Mclawhorn (Vice President/Asst. Secretary)	$0	$0
James H Mclawhorn (Secretary)	$0	$0

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990-PF

Filed on Aug. 13, 2015

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$564,797

Expenses

$170,965

Net Income

$393,832

Net Assets

$2,795,542

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$313,896	55.6%
Interest Revenue	$4,119	0.7%
Dividends	$58,234	10.3%
Sales of Assets	$188,344	33.3%
Other Income	$204	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$142,500	83.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,795,542
Total Liabilities	$0
Net Assets	$2,795,542

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$270,345

Expenses

$161,068

Net Income

$109,277

Net Assets

$2,404,592

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$170,561	63.1%
Interest Revenue	$3,136	1.2%
Dividends	$55,711	20.6%
Sales of Assets	$40,922	15.1%
Other Income	$15	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$143,250	88.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,404,592
Total Liabilities	$0
Net Assets	$2,404,592

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$218,130

Expenses

$385,440

Net Income

-$167,310

Net Assets

$2,296,187

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$108,958	50.0%
Interest Revenue	$954	0.4%
Dividends	$48,327	22.2%
Sales of Assets	$59,515	27.3%
Other Income	$376	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,050	7.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,296,187
Total Liabilities	$0
Net Assets	$2,296,187

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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Updated September 25, 2025

Marsh Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $855k (2024)

Expenses $360k (2024)

Total Assets $6.3M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$855k (2024)

Expenses

$360k (2024)

Total Assets

$6.3M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

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2023

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Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

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2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

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