Sabrina Merage Foundation
- Assets
- $0.0
- Revenue
- $215.8k
- Investments
- $5.4m
- Employees
- 0
- Location
- Englewood, CO
- Founding
- 12/2008
- Data as of
- 11/2021
- 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 11/2021, Sabrina Merage Foundation generated $215.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $80.8k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sabrina Merage Foundation has awarded 62 individual grants totaling $1,834,236. 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 | |
David Merage Secretary | 1 | $0 | |
Laura Merage President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,693 |
| Dividends & Interest | $61,312 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,479 |
| Total Revenue | $215,812 |
| 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 | $32,283 |
| Contributions, gifts, grants paid | $48,555 |
| Total expenses and disbursements | $80,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,058 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,380,994 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sabrina Merage Foundation has awarded $239,100 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SUNDANCE INSTITUTE PURPOSE: GENERAL OPERATIONS | $35,000 |
VISONARY WOMEN PURPOSE: GENERAL OPERATIONS | $1,000 |
SUGARCANE FILM LLC PURPOSE: DOCUMENTARY FUNDING | $75,000 |
LOWLAND KIDS FILMS LLC PURPOSE: DOCUMENTARY FUNDING | $75,000 |
JEWISH COLORADO PURPOSE: GENERAL OPERATIONS | $50,000 |
CONCERN FOUNDATION PURPOSE: GENERAL OPERATIONS | $500 |