Mertz Gilmore Foundation
- Assets
- $0.0
- Revenue
- $15.0m
- Investments
- $97.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1963
- Data as of
- 12/2021
- EIN
- 13-2872722
Organization Overview
Mertz Gilmore Foundation is located in New York, NY. The organization was established in 1963. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is the central organization for a national or regional group of organizations. Mertz Gilmore Foundation 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, Mertz Gilmore Foundation generated $15.0m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $15.6m during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mertz Gilmore Foundation has awarded 1,398 individual grants totaling $52,331,950. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Sholler Chairperson | 1 | $23,500 | |
Ciara Torres-Spelliscy Vice Chairperson | 1 | $10,500 | |
Rini Banerjee Treasurer | 1 | $18,000 | |
Robin Krause Secretary | 1 | $0 | |
Phil Radford Director | 1 | $18,500 | |
Mikki Shepard Director | 1 | $10,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Patterson Belknap Webb & Tyler Llp | 12/30/22 | $212,094 |
Edgewood Management | 12/30/22 | $133,341 |
Silchester International Investors | 12/30/22 | $102,363 |
Monticello Associates | 12/30/22 | $100,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,325,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,549,997 |
| Profit on Inventory Sales | $0 |
| Other Income | -$41,427 |
| Total Revenue | $15,000,621 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $614,988 |
| Pension plans, employee benefits | $494,107 |
| Depreciation | $639,679 |
| Occupancy | $164,575 |
| Travel, conferences, and meetings | $3,783 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $3,653,093 |
| Contributions, gifts, grants paid | $11,933,150 |
| Total expenses and disbursements | $15,586,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,089 |
| Investments—mortgage loans | $0 |
| Investments—other | $90,358,432 |
| Other assets | $445,182 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mertz Gilmore Foundation has awarded $18,921,650 in support to 476 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR JUSTICE PURPOSE: GENERAL SUPPORT | $5,000 |
ALVIN AILEY DANCE FOUNDATION PURPOSE: REHEARSAL SPACE | $3,000 |
APOLLO THEATER FOUNDATION INC PURPOSE: APOLLO THEATER: DANCE AT THE VICTORIA | $40,000 |
ALLIANCE FOR YOUTH ORGANIZING PURPOSE: TO SUPPORT VOTER EDUCATION AND POST-ELECTION BALLOT CURING | $50,000 |
ALLIANCE OF ARTISTS COMMUNITIES PURPOSE: ARTIST RESIDENCY PROGRAM | $130,000 |
ALLIED MEDIA PROJECTS PURPOSE: GENERAL SUPPORT (KAIROS FELLOWSHIP) | $50,000 |