Mercy Works Foundation Inc
- Assets
- $15.6m
- Revenue
- $320.4k
- Investments
- $15.1m
- Employees
- 0
- Location
- Appleton, WI
- Founding
- 06/2002
- Data as of
- 12/2022
- EIN
- 43-1954871
Organization Overview
Mercy Works Foundation Inc is located in Appleton, WI. The organization was established in 2002. 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. Mercy Works 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, Mercy Works Foundation Inc generated $320.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (36.7%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mercy Works Foundation Inc has awarded 338 individual grants totaling $12,926,786. 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
THE FOUNDATION IS ORGANIZED AND OPERATED TO MAKE DONATIONS TO QUALIFYING PUBLIC CHARITIES. THE FOUNDATION DOES NOT ENGAGE IN ANY OTHER DIRECT CHARITABLE ACTIVITIES.
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 |
|---|---|---|---|
Charles Johnson Chair | 10 | $57,022 | |
William Walker Treasurer | 10 | $28,941 | |
Joan Follett Board Member | 1 | $0 | |
Scott Follett Secretary | 1 | $0 | |
Joe Malone Board Member | 1 | $0 | |
Brian Follett Vice-Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $443,888 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$124,673 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,192 |
| Total Revenue | $320,407 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $85,963 |
| Other employee salaries and wages | $132,665 |
| Pension plans, employee benefits | $19,610 |
| Interest | $0 |
| Taxes | $110 |
| Depreciation | $0 |
| Occupancy | $28,851 |
| Travel, conferences, and meetings | $14,143 |
| Printing and publications | $515 |
| Other expenses | $14,132 |
| Total operating and administrative expenses | $426,198 |
| Contributions, gifts, grants paid | $3,141,902 |
| Total expenses and disbursements | $3,568,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,273 |
| Savings and temporary cash investments | $418,363 |
| Net Accounts receivable | $42,085 |
| 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 | $8,966,645 |
| Net Land, buildings, and equipment | $67,396 |
| Other assets | $0 |
| Total assets | $15,616,403 |
| 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, Mercy Works Foundation Inc has awarded $3,141,902 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
Green Bay, WI PURPOSE: MONETARY SUPPORT | $405,000 |
San Juan Capistrano, CA PURPOSE: MONETARY SUPPORT | $240,000 |
FOCUS PURPOSE: MONETARY SUPPORT | $200,000 |
MISSIONARIES OF THE POOR PURPOSE: MONETARY SUPPORT | $197,000 |
Green Bay, WI PURPOSE: MONETARY SUPPORT | $144,000 |
San Francisco, CA PURPOSE: MONETARY SUPPORT | $121,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Irving S Gilmore Foundation Kalamazoo, MI | $388,410,325 | $41,180,610 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |