Erwin Bellamy Mcmerty Foundation
- Assets
- $0.0
- Revenue
- $76.3k
- Investments
- $2.5m
- Employees
- 0
- Location
- Winnabow, NC
- Founding
- 01/2009
- Data as of
- 12/2020
- EIN
- 26-3497338
Organization Overview
Erwin Bellamy Mcmerty Foundation is located in Winnabow, NC. The organization was established in 2009. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Erwin Bellamy Mcmerty 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 12/2020, Erwin Bellamy Mcmerty Foundation generated $76.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $136.9k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah B Mcmerty Director | 1 | $0 | |
Brian J Mcmerty Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $75 |
| Dividends & Interest | $75,719 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $76,250 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $5,881 |
| Contributions, gifts, grants paid | $131,000 |
| Total expenses and disbursements | $136,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,392,271 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,025 |
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