Edward Arthur Mellinger Educational Foundation
- Assets
- $25.3m
- Revenue
- $2.1m
- Investments
- $25.1m
- Employees
- 0
- Location
- Monmouth, IL
- Founding
- 09/1961
- Data as of
- 12/2021
- EIN
- 36-2428421
Organization Overview
Edward Arthur Mellinger Educational Foundation is located in Monmouth, IL. The organization was established in 1961. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward Arthur Mellinger Educational 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 12/2021, Edward Arthur Mellinger Educational Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Edward Arthur Mellinger Educational Foundation has awarded 2,325 individual grants totaling $3,282,396. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS GRANTED - GRANTED 532 SCHOLARSHIPS TO INDIVIDUALS DURING 2021.
OTHER GRANTS - ISSUED 3 GRANTS TO OTHER ORGANIZATIONS DURING 2021.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn R Mcvey Vp/treasurer/trustee | 17 | $34,239 | |
Jackie Watson Secretary/trustee | 17 | $32,991 | |
Gary Martin President/trustee | 2 | $26,541 | |
Gary Heaton Trustee | 2 | $3,600 | |
Tim Quinn Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $501 |
| Interest on Savings | $75 |
| Dividends & Interest | $665,336 |
| Net Rental Income | $10,392 |
| Net Gain on Sale of Assets | $1,401,567 |
| Capital Gain Net Income | $1,401,567 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,627 |
| Total Revenue | $2,085,498 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $97,371 |
| Other employee salaries and wages | $34,466 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36,511 |
| Depreciation | $8,031 |
| Occupancy | $15,454 |
| Travel, conferences, and meetings | $1,237 |
| Printing and publications | $1,022 |
| Other expenses | $10,762 |
| Total operating and administrative expenses | $310,946 |
| Contributions, gifts, grants paid | $856,511 |
| Total expenses and disbursements | $1,167,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,124 |
| Savings and temporary cash investments | $33,309 |
| 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 | $2,369 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $25,116,175 |
| Net Land, buildings, and equipment | $49,013 |
| Other assets | $32,020 |
| Total assets | $25,255,010 |
| Accounts payable and accrued expenses | $5,322 |
| 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 | $167,138 |
| Total liabilities | $172,460 |
Grants Awarded
Over the last fiscal year, Edward Arthur Mellinger Educational Foundation has awarded $848,824 in support to 535 organizations.
| Grant Recipient | Amount |
|---|---|
WIU SPEECH AND LANGUAGE PURPOSE: GRANT | $15,000 |
CARL SANDBURG COLLEGE PURPOSE: GRANT | $15,000 |
NKONGO BRICE FELIX N PURPOSE: SCHOLARSHIP | $10,000 |
Monmouth, IL PURPOSE: GRANT | $10,000 |
BRICKER JESSIE JANE PURPOSE: SCHOLARSHIP | $3,000 |
CRUM JOSEPH EDWARD PURPOSE: SCHOLARSHIP | $2,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |
University Research Park Inc Madison, WI | $162,117,796 | $19,527,506 |
Private Education-Employers Trust St Louis, MO | $386,613 | $11,502,248 |
Northern Illinois University Foundation Dekalb, IL | $169,106,712 | $31,131,654 |
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |