The Milton M Meyer Jr & Mildred B
- Assets
- $353.6k
- Revenue
- $20.6k
- Investments
- $339.3k
- Employees
- 0
- Location
- Chevy Chase, MD
- Founding
- 02/2003
- Data as of
- 12/2021
- EIN
- 05-0546890
Organization Overview
The Milton M Meyer Jr & Mildred B is located in Chevy Chase, MD. The organization was established in 2003. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milton M Meyer Jr & Mildred B is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Milton M Meyer Jr & Mildred B generated $20.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $22.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Milton M Meyer Jr & Mildred B has awarded 46 individual grants totaling $108,825. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce M Meyer Vice President | 0 | $5,000 | |
Roberta B Meyer Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,677 |
| Dividends & Interest | $13,041 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,832 |
| Capital Gain Net Income | $5,832 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $158 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,710 |
| Contributions, gifts, grants paid | $9,575 |
| Total expenses and disbursements | $22,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,255 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $353,562 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Milton M Meyer Jr & Mildred B has awarded $9,575 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BETH AHABAH PURPOSE: TO SUPPORT AND CONTRIBUTE TO THE PROGRAMS OF BETH AHABAH. | $3,500 |
New York, NY PURPOSE: TO PROVIDE SUPPORT, SERVICES, AND EDUCATION TO INDIVIDUALS, FAMILIES AND CAREGIVERS AFFECTED BY ALZHEIMER'S DISEASE. | $1,000 |
WORLD CENTRAL KITCHEN PURPOSE: TO PROVIDE MEALS IN RESPONSE TO HUMANITARIAN, CLIMATE, AND COMMUNITY CRISES. | $1,000 |
DOCTORS WITHOUT BORDERS PURPOSE: TO HELP PEOPLE WORLDWIDE, BY DELIVERING MEDICAL AID TO PEOPLE AFFECTED BY CONFLICT, EPIDEMICS, AND DISASTERS. | $750 |
MAKE-A-WISH PURPOSE: TO GRANT THE WISHES OF CHILDREN WITH LIFE-THREATENING ILLNESSES. | $750 |
SMILE TRAIN PURPOSE: TO PROVIDE FREE CLEFT SURGERY AND RELATED TREATMENT OF POOR CHILDREN IN DEVELOPING COUNTRIES. | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carmax Foundation Richmond, VA | $6,340,369 | $9,797,991 |
Molina Healthcare Charitable Foundation Wilmington, DE | $6,023,085 | $109,085 |
Alcoa Foundation Pittsburgh, PA | $146,938,296 | $5,082,676 |
Workday Foundation Wilmington, DE | $43,827,189 | $3,435,808 |
Illumina Corporate Foundation Wilmington, DE | $8,163,072 | $7,329,761 |
Star Foundation Bethlehem, PA | $0 | $17,247 |
Mcleod Family Foundation Inc Roanoke, VA | $24,622,922 | $3,411,070 |
Petters Family Foundation Newport News, VA | $24,802,843 | $3,836,696 |
Giant Eagle Foundation Pittsburgh, PA | $15,044,604 | $6,408,453 |
Henkels Foundation Blue Bell, PA | $1,152,398 | $2,386,882 |
Amani Family Foundation Wilmington, DE | $45,849,271 | $16,212,818 |
Tamias Foundation Hunt Valley, MD | $26,017,429 | $6,201,686 |