John Merck Fund
- Assets
- $2.7m
- Revenue
- $1.3m
- Investments
- $1.1m
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 09/1970
- Data as of
- 12/2021
- EIN
- 23-7082558
Organization Overview
John Merck Fund is located in Harrison, NY. The organization was established in 1970. 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 an independent organization and not affiliated with a larger national or regional group of organizations. John Merck Fund 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, John Merck Fund generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (33.7%) each year. All expenses for the organization totaled $7.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, John Merck Fund has awarded 264 individual grants totaling $28,886,005. 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 |
|---|---|---|---|
Christine James Secretary/executive Director | 35 | $225,000 | |
Nancy Stockford - Dir Of Operations Assistant Treasurer | 35 | $195,000 | |
Francis W Hatch III Trustee/chair | 5 | $0 | |
Robert H Gardiner Trustee | 2.5 | $0 | |
George Hatch Trustee | 2.5 | $0 | |
Ruth Hennig Trustee | 2.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Karen Ruth Harris | 12/30/21 | $107,863 |
Pkf O'connor Davies Llp | 12/30/21 | $53,997 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,431 |
| Dividends & Interest | $62,721 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,208,817 |
| Capital Gain Net Income | $1,208,817 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $56,749 |
| Total Revenue | $1,331,718 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $420,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $95,372 |
| Interest | $56 |
| Taxes | $5,001 |
| Depreciation | $0 |
| Occupancy | $86,403 |
| Travel, conferences, and meetings | $31,167 |
| Printing and publications | $0 |
| Other expenses | $63,107 |
| Total operating and administrative expenses | $951,621 |
| Contributions, gifts, grants paid | $6,020,875 |
| Total expenses and disbursements | $6,972,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,506,215 |
| 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 | $1,133,416 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $25,831 |
| Total assets | $2,665,462 |
| 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 | $12,915 |
| Total liabilities | $12,915 |
Grants Awarded
Over the last fiscal year, John Merck Fund has awarded $6,020,875 in support to 84 organizations.
| Grant Recipient | Amount |
|---|---|
RTI INTERNATIONAL PURPOSE: TO TEST THE FEASIBILITY AND EFFECTIVENESS OF ZOOM RECRUITMENT FOR EARLY CHECK NEWBORN SCREENING OF FRAGILE X SYNDROME; AND TO INVESTIGATE AND SUPPORT THE INTEGRATION OF EARLY INTERVENTION AND NEWBORN SCREENING. | $547,000 |
RTI INTERNATIONAL PURPOSE: TO BUILD THE INFRASTRUCTURE FOR A NEWBORN SCREENING PROGRAM IN NORTH CAROLINA THAT INCLUDES FRAGILE X SYNDROME. | $400,000 |
RTI INTERNATIONAL PURPOSE: TO DEVELOP AND TEST AN INTERVENTION TO ADDRESS AND SUPPORT THE DEVELOPMENT OF INFANTS WITH A CONFIRMED DIAGNOSIS OF FRAGILE X SYNDROME. | $250,000 |
RTI INTERNATIONAL PURPOSE: TO DEVELOP AND TEST AN INTERVENTION TO ADDRESS AND SUPPORT THE DEVELOPMENT OF INFANTS WITH A CONFIRMED DIAGNOSIS OF FRAGILE X SYNDROME. | $250,000 |
Seattle, WA PURPOSE: TO DRIVE HARMFUL CLASSES OF CHEMICALS OUT OF THE MARKETPLACE BY WINNING GOVERNMENT REGULATION OF SPECIFIC TOXIC CHEMICALS AND CHEMICAL CLASSES, AND COMPREHENSIVE CHEMICAL POLICIES BY THE LARGEST RETAILERS IN THE US. | $220,000 |
Washington, DC PURPOSE: TO ENABLE THE CLIMATE AND CLEAN ENERGY EQUITY FUND TO PROVIDE CIVIC ENGAGEMENT GRANTS TO ORGANIZATIONS IN KEY STATES TO HELP THEM PREPARE THEIR NONPARTISAN VOTER EDUCATION AND TURNOUT PROGRAMS FOR 2022. | $200,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that John Merck Fund has recieved totaling $350,000.
| Awarding Organization | Amount |
|---|---|
Henry P Kendall Foundation Trust Boston, MA PURPOSE: TO SUPPLEMENT THE MERCK FUND'S EFFORTS TO ESTABLISH A NEW ENGLAND FOOD SYSTEMS COVID-19 RESPONSE FUND | $250,000 |
Harvard Pilgrim Health Care Foundation Inc Canton, MA PURPOSE: SUPPORT RACIAL EQUITY IN FOOD ACCESS | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |