The Merops Foundation

Organization Overview

The Merops Foundation is located in Philadelphia, PA. The organization was established in 2013. 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. Merops 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 12/2021, Merops Foundation generated $965.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $553.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Merops Foundation has awarded 12 individual grants totaling $486,785. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $249,378
Net Rental Income$0
Net Gain on Sale of Assets $609,167
Capital Gain Net Income $609,167
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $106,721
Total Revenue $965,266

Grants Awarded

Over the last fiscal year, The Merops Foundation has awarded $486,785 in support to 12 organizations.

Grant RecipientAmount

AMERICAN RESEARCH INSTITUTE IN TURKEY

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: FELLOWSHIPS IN ARCHAEOLOGY

$160,000

INSTITUTE OF NAUTICAL ARCHAEOLOGY

Org PageRecipient Profile

College Station, TX

PURPOSE: ONE-TIME GIFT IN HONOR OF

$75,000

KOC EDUCATION CULTURE AND HEALTHCARE

Org PageRecipient Profile

New York, NY

PURPOSE: GYGAIA PROJECTS 2021

$60,000

AMERICAN RESEARCH INSTITUTE IN TURKEY

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: FELLOWSHIPS

$45,000

INSTITUTE OF NAUTICAL ARCHAEOLOGY

Org PageRecipient Profile

College Station, TX

PURPOSE: CONSERVATION AND ANALYSIS

$40,583

UNIVERSITY OF CENTRAL FLORIDA FOUNDATION

Org PageRecipient Profile

Orlando, FL

PURPOSE: KERKENES PROJECT 2021

$38,500
View Grant Profile

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