The Meil Family Foundation Inc

Organization Overview

The Meil Family Foundation Inc is located in Potomac, MD. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Meil Family Foundation Inc 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, Meil Family Foundation Inc generated $218.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 44.0% each year . All expenses for the organization totaled $162.4k during the year ending 12/2021. While expenses have increased by 37.2% per year over the past 4 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, Meil Family Foundation Inc has awarded 24 individual grants totaling $221,825. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

MONTGOMERY HOSPICE FOUNDATION DONATION


ADULT CONGENITAL HEART ASSOCIATION DONATION


MCCP FOUNDATION


CHILDRENS HOSPITAL FOUNDATION DONATION


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $100,117
Interest on Savings $207
Dividends & Interest $481
Net Rental Income$0
Net Gain on Sale of Assets $117,420
Capital Gain Net Income $117,421
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $218,225

Grants Awarded

Over the last fiscal year, The Meil Family Foundation Inc has awarded $155,575 in support to 11 organizations.

Grant RecipientAmount

ADULT CONGENITAL HEART ASSOCIATION

Org PageRecipient Profile

Media, PA

PURPOSE: CHARITABLE

$137,575

CHILDRENS HOSPITAL FOUNDATION

Org PageRecipient Profile

Washington, DC

PURPOSE: CHARITABLE

$5,000

MEDICAL CARE FOR CHILDREN PARTNERSHIP

Org PageRecipient Profile

Springfield, VA

PURPOSE: CHARITABLE

$3,000

MONTGOMERY HOSPICE FOUNDATION

PURPOSE: CHARITABLE

$2,000

THE IVYMOUNT SCHOOL

Org PageRecipient Profile

Rockville, MD

PURPOSE: CHARITABLE

$2,000

BELIEVE IN TOMORROW CHILDRENS FOUNDATION

PURPOSE: CHARITABLE

$1,000
View Grant Profile

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