Catherin V Merrill Foundation
- Assets
- $12.8m
- Revenue
- $282.5k
- Investments
- $482.8k
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 03/1995
- Data as of
- 12/2022
- EIN
- 23-7066845
Organization Overview
Catherin V Merrill Foundation is located in Kansas City, MO. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catherin V Merrill 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 12/2022, Catherin V Merrill Foundation generated $282.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $695.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Catherin V Merrill Foundation has awarded 51 individual grants totaling $2,490,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Elvin Knight Trustee | 10 | $0 | |
Christine Demarea Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,473 |
| Dividends & Interest | $46,976 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $146,338 |
| Capital Gain Net Income | $146,338 |
| Net ST Capital Gain | $12,919 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $84,754 |
| Total Revenue | $282,541 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,680 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $38 |
| Total operating and administrative expenses | $114,321 |
| Contributions, gifts, grants paid | $581,000 |
| Total expenses and disbursements | $695,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $705,833 |
| Savings and temporary cash investments | $64,574 |
| 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 | $11,584,874 |
| Total assets | $12,838,113 |
| 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, Catherin V Merrill Foundation has awarded $581,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ROCKHURST UNIVERSITY SCHOLARSHIP PURPOSE: CHARITABLE USES OF THE ORGANIZATION | $100,000 |
BENEDICTINE COLLEGE PURPOSE: CHARITABLE USES OF THE ORGANIZATION | $100,000 |
BISHOP SULLIVAN CENTER SEMINARIAN FUND PURPOSE: CHARITABLE USES OF THE ORGANIZATION | $140,000 |
AVILA COLLEGE PURPOSE: CHARITABLE USES OF THE ORGANIZATION | $50,000 |
FOUNDATION FOR INCLUSIVE RELIGIOUS EDUCATION PURPOSE: CHARITABLE USES OF THE ORGANIZATION | $75,000 |
BISHOP SULLIVAN FOOD PANTRY PURPOSE: CHARITABLE USES OF THE ORGANIZATION | $7,500 |