THE MARC AND NICOLE PADGETT FOUNDATION

PONTE VEDRA BEACH, FL 32082 EIN 332074135

https://N/A
$1.0M Total Assets (2024)
N/A Total Giving (2024)
0 Grants on File (2022–2024)
N/A Avg Grant Size

About

THE MARC AND NICOLE PADGETT FOUNDATION, INC. (THE "FOUNDATION") WAS FORMED IN OCTOBER OF 2022. FORM 1023 FOR THE FOUNDATION IS IN THE PROCESS OF BEING PREPARED, AND AS SUCH, THE ORGANIZATION HAS NOT YET RECEIVED ITS TAX EXEMPT STATUS. THE ORGANIZATION DID NOT HAVE ANY ACTIVITY DURING THE 2 MONTHS FROM THE FORMATION OF THE FOUNDATION THROUGH DECEMBER 31, 2022. THE FONDATION HAS NO STAFF OR EMPLOYEES.THE FOUNDATION'S FAILURE TO TIMELY FILE WAS IN NO WAY DUE TO WILLFUL NEGLECT OF THE FILING REQUIREMENTS. THE FOUNDATION WAS UNAWARE OF ITS TAX FILING OBLIGATIONS UNTIL IT HIRED A PROFESSIONAL ACCOUNTING FIRM IN 2024. ONCE HIRED, THE PROFESSIONAL ACCOUNTING FIRM EXPEDITIOUSLY PREPARED THE DELINQUENT RETURNS FOR FILING.AS THIS IS THE FOUNDATION'S INITIAL YEAR, THEY HAD NO ACTITIVY DURING THE YEAR, AND NO OTHER FINANCIAL INFORMATION TO REPORT, WE RESPECTFULLY REQUEST A WAIVER OF ANY PENALTIES THAT MAY BE ASSESSED BASED ON ITS REASONABLE CAUSE, AS STATED ABOVE.

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone 9043465794

Financial Trends 2022 data appears limited (dashed line) because the IRS transitioned its e-filing system that year and only published 2 months of XML archives.

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2022 N/A $0 $0 N/A
2024 N/A $1.0M $1.0M N/A

Geographic Distribution

US Grant Distribution Map

Key Personnel

NameTitleCompensation
ALEXIS OYLER TRUSTEE
MICHAEL M PADGETT TRUSTEE AND PRESIDENT
NICOLE PADGETT TRUSTEE, PRES., SEC., & TREAS.
K MAC BRACEWELL JR TRUSTEE, VICE PRESIDENT
KERRIGAN PADGETT TRUSTEE
KENNEDY PADGETT TRUSTEE
MICHAEL H PADGETT TRUSTEE

Grants Awarded (0 total)

RecipientLocationAmountPurposeYear