Ford Meter Box Foundation Inc
- Assets
- $1.9m
- Revenue
- $511.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Wabash, IN
- Founding
- 12/1988
- Data as of
- 12/2022
- EIN
- 35-1253080
Organization Overview
Ford Meter Box Foundation Inc is located in Wabash, IN. The organization was established in 1988. 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. Ford Meter Box Foundation Inc 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 12/2022, Ford Meter Box Foundation Inc generated $511.2k 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 (11.7%) each year. All expenses for the organization totaled $826.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ford Meter Box Foundation Inc has awarded 120 individual grants totaling $2,505,450. 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 H Ford Chairman | 1 | $0 | |
Lance Agness Vice Chair | 1 | $0 | |
Mark S Ford Treasurer | 1 | $0 | |
Marta Gidley Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $11,247 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $511,247 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $156 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $156 |
| Contributions, gifts, grants paid | $826,350 |
| Total expenses and disbursements | $826,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,860,560 |
| 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 | $12 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,802 |
| Total assets | $1,867,374 |
| 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, Ford Meter Box Foundation Inc has awarded $826,350 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
85 HOPE MEDICAL CLINIC PURPOSE: RIDE FOR A CAUSE | $300 |
BABE OF WABASH COUNTY PURPOSE: BABE IN TOYLAND | $1,000 |
BLESSINGS IN A BACKPACK PURPOSE: GENERAL FUND | $2,500 |
BOY SCOUTS OF AMERICA - SAGAMORE COUNCIL PURPOSE: GENERAL FUND | $2,500 |
COMMUNITY FOUNDATION OF WABASH COUNTY PURPOSE: TOWN OF NORTH MANCHESTER PAVILION | $75,000 |
DAV - CHAPTER 5 PURPOSE: CONTRIBUTION - NEW VAN | $2,500 |