Merkley Charitable Trust
- Assets
- $3.6m
- Revenue
- $225.9k
- Investments
- $3.4m
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 03/1993
- Data as of
- 11/2022
- EIN
- 38-6528749
Organization Overview
Merkley Charitable Trust is located in Columbus, OH. The organization was established in 1993. 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. Merkley Charitable Trust 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 11/2022, Merkley Charitable Trust generated $225.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $271.3k during the year ending 11/2022. While expenses have increased by 6.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Merkley Charitable Trust has awarded 80 individual grants totaling $861,588. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $127,621 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $98,308 |
| Capital Gain Net Income | $98,308 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $225,929 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $61,655 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,123 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $71,028 |
| Contributions, gifts, grants paid | $200,272 |
| Total expenses and disbursements | $271,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1,260 |
| Savings and temporary cash investments | $126,210 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,559,190 |
| 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, Merkley Charitable Trust has awarded $200,272 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
GENESEE COUNTY PARKS AND PURPOSE: GENERAL OPERATING | $104,452 |
Burton, MI PURPOSE: GENERAL SUPPORT | $34,820 |
Flint, MI PURPOSE: GENERAL OPERATING | $10,000 |
BIG BROTHERSBIG SISTERS OF GREATER PURPOSE: GENERAL OPERATING | $5,000 |
Flint, MI PURPOSE: GENERAL OPERATING | $5,000 |
Flint, MI PURPOSE: GENERAL OPERATING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Van Andel Institute Grand Rapids, MI | $1,815,971,878 | $111,524,637 |
William Davidson Foundation Birmingham, MI | $1,107,938,800 | $127,279,050 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI | $63,637,902 | $79,561,320 |
Gilbert Family Foundation Detroit, MI | $122,833,560 | $20,538,766 |
The Wexner Family Charitable Fund New Albany, OH | $184,942,197 | $254,449,818 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Neubauer Family Foundation Philadelphia, PA | $348,008,962 | $28,614,405 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN | $513,484,211 | $27,103,020 |
Quantitative Foundation Philadelphia, PA | $101,541,098 | -$10,401,387 |
Fifth Third Union Trust Co Foundation Cincinnati, OH | $28,852,332 | $17,459,816 |
J N Pew Jr Charitable Trust Philadelphia, PA | $309,649,040 | $25,152,087 |