Luesther T Mertz Charitable Tr

Organization Overview

Luesther T Mertz Charitable Tr is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Luesther T Mertz Charitable Tr 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 11/2023, Luesther T Mertz Charitable Tr generated $200.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (43.5%) each year. All expenses for the organization totaled $1.2m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Luesther T Mertz Charitable Tr has awarded 103 individual grants totaling $197,112,769. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE MISSION STATEMENT ON PAGE 2, PART III, LINE 1

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TRUST IS IN THE PROCESS OF DISSOLUTION. A GRANT OF THE REMAINING NON-CASH ASSET WAS MADE DURING THE YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Larry E Condon
Trustee
$0
Golden Beckner Jr
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Blank Rome Llp
Legal Services
$184,482
Mertz Gilmore Foundation
Program And Admin Support
$143,236
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $20,049
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $200,196

Grants Awarded

Over the last fiscal year, Luesther T Mertz Charitable Tr has awarded $3,900,000 in support to 11 organizations.

Grant RecipientAmount

BALLET TECH FOUNDATION

PURPOSE: ESSENTIAL SUPPORT ASSOCIATED WITH CARRYING OUT BALLET TECH'S MISSION, INCLUDING PERFORMANCE-RELATED EXPENSES AT THE JOYCE THEATER DURING FISCAL YEARS 2026-2028.

$200,000

CENTRAL PARK CONSERVANCY

PURPOSE: GENERAL SUPPORT DURING FISCAL YEAR 2023.

$210,000

LINCOLN CENTER FOR THE PERFORMING ARTS INC

PURPOSE: SUPPORT FOR LINCOLN CENTER THEATER'S PRODUCTIONS DURING FYE 6/30/23; GENERAL OPERATING EXPENSES AT LINCOLN CENTER EDUCATION; SUPPORT FOR THE CREATION OF NEW WORK AT THE NYCB DURING ITS 2025 FISCAL YEAR; AND GENERAL OPERATING EXPENSES AT LINCOLN CENTER FOR THE PERFORMING ARTS, INC.

$360,000

AMERICAN CIVIL LIBERTIES UNION FOUNDATION

PURPOSE: SUPPORT FOR THE ACLU'S EXECUTIVE DEPARTMENT INITIATIVES, WHICH INCLUDE: ADVOCACY INSTITUTE; CREATION OF DEPUTY EXECUTIVE DIRECTOR FOR STRATEGY & CULTURE POSITION/OFFICE; AND PAULI MURRAY FELLOWSHIP.

$200,000

NATIONAL AUDUBON SOCIETY

PURPOSE: AUDUBON NEW YORK'S HEALTHY FOREST STRATEGY.

$130,000

NATURAL RESOURCES DEFENSE COUNCIL

PURPOSE: SUPPORT FOR NRDC'S CLIMATE WORK AT LARGE DURING FISCAL YEAR 2023.

$270,000
View Grant Profile

Peer Organizations

Organization NameAssets
Adp Foundation
Roseland, NJ
$17,219,858
Natural Heritage Trust
Albany, NY
$15,697,020
Halvorsen Family Foundation
Stamford, CT
$15,475,263
Foundation Berma
New York, NY
$7,242,654
Hollow Metal Trust Fund
New York, NY
$8,795,085
Lynch Foundation
Boston, MA
$6,237,818
Forman Fam Foundation Tr 12112013
Philadelphia, PA
$2,386,977
Goldstein Family Foundation
Spring Valley, NY
$90,976
Sol Goldman Charitable Trust
New York, NY
$4,274,304
John R Mccune Char Trust No 9721
Pittsburgh, PA
$4,701,769
Peter A And Deborah L Weinberg Family Foundation
Albany, NY
$578,724
Roger And Clarissa Lee Family Foundation
Boston, MA
$16,052,429
Ehrenkranz Family Foundation
New York, NY
$8,143,282
Shapiro-Silverberg Foundation
New York, NY
$2,365,912
Bam Endowment Trust
Brooklyn, NY
$5,021,275
J M Lockhart Lockhart J M Ally Herc
Pittsburgh, PA
$13,537,899
Raymond & Gertrude R Saltzman Foundation
Cherry Hill, NJ
$2,782,986
The Daniel E And Joyce G Straus Family Foundation
Fort Lee, NJ
$5,118,988
Schwartz Fam Foundation Tr
New York, NY
$1,073,254
Reitmeier Charitable Trust U-W Fund
Pittsburgh, PA
$783,026
Donald P And Mary E Moriarty Charitable Foundation
Chatham, NJ
$11,948,517
Trustees Under The Will Of Herman Dana
Newton, MA
$5,454,612
Hebron Fund Inc
Brooklyn, NY
$3,372,040
Rose M Badgeeley Resid Charitable Tr Uw
New York, NY
$1,985,648
Hometown Foundation Inc
Cheshire, CT
$4,447,184

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