Meyerhoff Charitable Tr
- Assets
- $606.4k
- Revenue
- $54.7k
- Investments
- $581.3k
- Employees
- 0
- Location
- Waterloo, IA
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 42-6554728
Organization Overview
Meyerhoff Charitable Tr is located in Waterloo, IA. The organization was established in 0000. 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.
For the year ending 12/2022, Meyerhoff Charitable Tr generated $54.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $63.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Meyerhoff Charitable Tr has awarded 38 individual grants totaling $132,539. 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
GRANTING SCHOLARSHIPS TO COLLEGE BOUND STUDENTS IS THE SOLE FUNCTION OF THIS TRUST. FUNDS ARE PAID DIRECTLY TO THE COLLEGE OR UNIVERSITY OF THE ATTENDING STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Neumann Trustee | 5 | $7,867 | |
Joe Nutting Co-Trustee | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,425 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,742 |
| Capital Gain Net Income | $14,742 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $537 |
| Total Revenue | $54,704 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,867 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $677 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,965 |
| Total operating and administrative expenses | $12,509 |
| Contributions, gifts, grants paid | $50,650 |
| Total expenses and disbursements | $63,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $642 |
| Savings and temporary cash investments | $24,045 |
| 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 | $427 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $606,390 |
| 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, Meyerhoff Charitable Tr has awarded $50,650 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NORTHERN IA PURPOSE: SCHOLARSHIPS | $9,700 |
MERCY COLLEGE PURPOSE: SCHOLARSHIP | $700 |
UNIVERSITY OF IOWA PURPOSE: SCHOLARSHIP | $10,300 |
IOWA STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $16,500 |
WARTBURG COLLEGE PURPOSE: SCHOLARSHIPS | $3,100 |
HAWKEYE COMM COLLEGE PURPOSE: SCHOLARSHIPS | $3,500 |