Andre And Katherine Merage Foundation Colorado
- Assets
- $0.0
- Revenue
- $2.5m
- Investments
- $33.3m
- Employees
- 0
- Location
- Englewood, CO
- Founding
- 06/2003
- Data as of
- 11/2020
- EIN
- 45-0493929
Organization Overview
Andre And Katherine Merage Foundation Colorado is located in Englewood, CO. The organization was established in 2003. 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. Andre And Katherine Merage Foundation Colorado 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 11/2020, Andre And Katherine Merage Foundation Colorado generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $2.0m during the year ending 11/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Andre And Katherine Merage Foundation Colorado has awarded 27 individual grants totaling $10,507,373. 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) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Merage Director | 5 | $0 | |
David Merage Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $104,651 |
| Dividends & Interest | $537,279 |
| Profit on Inventory Sales | $0 |
| Other Income | $484,899 |
| Total Revenue | $2,471,903 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,161 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $513,249 |
| Contributions, gifts, grants paid | $1,527,432 |
| Total expenses and disbursements | $2,040,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $205,223 |
| Investments—mortgage loans | $0 |
| Investments—other | $33,312,240 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Andre And Katherine Merage Foundation Colorado has awarded $1,828,195 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Denver, CO PURPOSE: GENERAL OPERATIONS | $1,527,125 |
New York, NY PURPOSE: GENERAL OPERATIONS | $300,000 |
PHILANTHROPY COLORADO PURPOSE: GENERAL SUPPORT | $1,070 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Kemper & Ethel Marley Foundation Phoenix, AZ | $235,853,723 | $45,107,707 |
Lannan Foundation Santa Fe, NM | $172,893,423 | $11,573,580 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
Mary K Chapman Foundation Tulsa, OK | $0 | $10,262,149 |