Sabrina Merage Foundation
- Assets
- $0.0
- Revenue
- $2.3m
- Investments
- $5.2m
- Employees
- 0
- Location
- Englewood, CO
- Founding
- 12/2008
- Data as of
- 11/2020
- EIN
- 26-0601805
Organization Overview
Sabrina Merage Foundation is located in Englewood, CO. The organization was established in 2008. 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. Sabrina 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 11/2020, Sabrina Merage Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $327.1k during the year ending 11/2020. While expenses have increased by 7.9% per year over the past 6 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 2014, Sabrina Merage Foundation has awarded 45 individual grants totaling $1,227,536. 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 |
|---|---|---|---|
Sabrina Merage Director | 5 | $0 | |
Laura Merage President | 1 | $0 | |
David Merage Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,003,645 |
| Interest on Savings | $14,357 |
| Dividends & Interest | $73,707 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,028 |
| Total Revenue | $2,277,262 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $108,294 |
| Contributions, gifts, grants paid | $218,821 |
| Total expenses and disbursements | $327,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,039 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,184,484 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4 |
Grants Awarded
Over the last fiscal year, Sabrina Merage Foundation has awarded $48,555 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Jenkintown, PA PURPOSE: DONOR ADVISED FUND. | $40,000 |
New York, NY PURPOSE: GENERAL OPERATIONS | $7,000 |
Los Angeles, CA PURPOSE: GENERAL OPERATIONS | $1,000 |
New York, NY PURPOSE: GENERAL OPERATIONS | $300 |
Encinitas, CA PURPOSE: GENERAL OPERATIONS | $255 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sorenson Legacy Foundation Midvale, UT | $495,708,411 | $38,649,828 |
Diane And Bruce Halle Foundation Scottsdale, AZ | $130,264 | $31,307,586 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |
William K Warren Foundation Tulsa, OK | $318,898,600 | $38,179,587 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Charityvision International Inc Provo, UT | $7,076,179 | $9,590,152 |
R Foundation Kaysville, UT | $410,534 | $5,235,533 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Stonewall Foundation Tucson, AZ | $0 | $109,268 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |