Mervin B And Berenice R France Foundation
- Assets
- $746.9k
- Revenue
- $85.1k
- Investments
- $746.9k
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 03/1980
- Data as of
- 11/2023
- EIN
- 34-1298875
Organization Overview
Mervin B And Berenice R France Foundation is located in Brooklyn, OH. The organization was established in 1980. 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. Mervin B And Berenice R France 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 11/2023, Mervin B And Berenice R France Foundation generated $85.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $98.0k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mervin B And Berenice R France Foundation has awarded 52 individual grants totaling $376,730. 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 |
|---|---|---|---|
Daniel Dunn Trustee | 1 | $0 | |
Kathleen France Dunn Trustee | 1 | $0 | |
David B Dunn Trustee | 1 | $0 | |
William M France Jr Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,670 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,467 |
| Capital Gain Net Income | $45,467 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $337 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $218 |
| Total operating and administrative expenses | $9,015 |
| Contributions, gifts, grants paid | $88,938 |
| Total expenses and disbursements | $97,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $746,911 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $746,911 |
| 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, Mervin B And Berenice R France Foundation has awarded $88,938 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
SHELTER FOR ABUSED WOMEN PURPOSE: GENERAL OPERATING | $7,409 |
US NAVAL ACADEMY PURPOSE: GENERAL OPERATING | $7,409 |
CAFE OF LIFE PURPOSE: GENERAL OPERATING | $7,409 |
CARMEL OF THE HOLY FAMILY PURPOSE: GENERAL OPERATING | $7,409 |
ISLAND DOLPHIN CARE PURPOSE: GENERAL OPERATING | $4,120 |
ROBERT TOMKO MEMORIAL SCHOLARSHIP FUND PURPOSE: SCHOLARSHIP | $4,268 |