Glenn And Ruth Mengle Foundation
- Assets
- $13.7m
- Revenue
- $1.3m
- Investments
- $12.5m
- Employees
- 0
- Location
- Du Bois, PA
- Founding
- 01/1959
- Data as of
- 12/2021
- EIN
- 25-6067616
Organization Overview
Glenn And Ruth Mengle Foundation is located in Du Bois, PA. The organization was established in 1959. 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. Glenn And Ruth Mengle 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, Glenn And Ruth Mengle Foundation generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $971.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Glenn And Ruth Mengle Foundation has awarded 106 individual grants totaling $1,589,523. 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.
PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,006 |
| Dividends & Interest | $282,782 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $943,751 |
| Capital Gain Net Income | $943,751 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,250,539 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $136,231 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,109 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $144,840 |
| Contributions, gifts, grants paid | $826,150 |
| Total expenses and disbursements | $970,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,222,757 |
| 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 | $2,355,090 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,693,031 |
| 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, Glenn And Ruth Mengle Foundation has awarded $826,150 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
Brockway, PA PURPOSE: GRANT TO MAINTIAN THE PA LIBRARY EBOOK PLATFORM | $71,500 |
Du Bois, PA PURPOSE: GRANT TO EXPAND ACCESS TO HEALTH SERVICES | $63,500 |
MAKE A WISH FOUNDATION PURPOSE: GRANT TO FUFILL EIGHT WISHES | $35,200 |
AGAPE COMMUNITY SERVICES PURPOSE: GRANT FOR OVER NIGHT SHORT-TERM SHELTER | $35,000 |
PENN HIGHLANDS HEALTHCARE - DUBOIS PURPOSE: GRANT FOR NEUROSEQUENTIAL MODEL OF THERAPEUTICS | $34,000 |
Du Bois, PA PURPOSE: GRANT TO PROVIDE NUTRITIOUS MEALS | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |