David And Laura Merage Foundation

Organization Overview

David And Laura Merage Foundation is located in Englewood, CO. The organization was established in 2003. 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. David And Laura Merage 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 11/2023, David And Laura Merage Foundation generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $4.6m during the year ending 11/2023. While expenses have increased by 6.6% per year over the past 8 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 2014, David And Laura Merage Foundation has awarded 298 individual grants totaling $23,956,636. 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)Compensation
David Merage
Director
$0
Laura Merage
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $191,152
Dividends & Interest $1,223,300
Net Rental Income$0
Net Gain on Sale of Assets $3,771,286
Capital Gain Net Income $3,771,286
Net ST Capital Gain $42,237
Income Modifications $0
Profit on Inventory Sales $0
Other Income $46,677
Total Revenue $5,232,415

Grants Awarded

Over the last fiscal year, David And Laura Merage Foundation has awarded $3,895,730 in support to 29 organizations.

Grant RecipientAmount

ANTI-DEFAMATION LEAGUE

PURPOSE: GENERAL SUPPORT

$2,500

EARLY LEARNING VENTURES

PURPOSE: GENERAL SUPPORT

$450,000

COLORADO PHOTOGRAPHIC ARTS CENTER

PURPOSE: GENERAL SUPPORT

$5,500

NATIONAL PHILANTHROPIC TRUST

PURPOSE: DONOR ADVISED FUND

$2,300,000

JEWISH COLORADO

PURPOSE: GENERAL SUPPORT

$265,000

JEWISH FAMILY SERVICE OF CO

PURPOSE: GENERAL SUPPORT

$2,500
View Grant Profile

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