Greg Merage Foundation
- Assets
- $2.4m
- Revenue
- $104.2k
- Investments
- $2.4m
- Employees
- 0
- Location
- Teton Village, WY
- Founding
- 01/2009
- Data as of
- 12/2021
- EIN
- 26-0523619
Organization Overview
Greg Merage Foundation is located in Teton Village, WY. The organization was established in 2009. 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. Greg Merage 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, Greg Merage Foundation generated $104.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $114.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Greg Merage Foundation has awarded 34 individual grants totaling $734,000. 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 |
|---|---|---|---|
Greg Merage President | 2 | $0 | |
Louise Merage Treasurer | 0.5 | $0 | |
Paul Merage Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104,144 |
| Capital Gain Net Income | $104,144 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $104,151 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $965 |
| Total operating and administrative expenses | $3,706 |
| Contributions, gifts, grants paid | $111,000 |
| Total expenses and disbursements | $114,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,522 |
| Savings and temporary cash investments | $0 |
| 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 | $2,442,636 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,449,158 |
| Accounts payable and accrued expenses | $38 |
| 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 | $38 |
Grants Awarded
Over the last fiscal year, Greg Merage Foundation has awarded $111,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Jackson, WY PURPOSE: GENERAL OPERATIONS | $106,000 |
Carmel, IN PURPOSE: GENERAL FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
Dennis R Washington Foundation Inc Missoula, MT | $1,024,973,213 | $135,352,040 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
Temple Hoyne Buell Foundation Denver, CO | $377,422,437 | $27,172,510 |
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |