Meigs Family Foundation
- Assets
- $8.6m
- Revenue
- $1.6m
- Investments
- $7.9m
- Employees
- 0
- Location
- Bryn Mawr, PA
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-7148994
Organization Overview
Meigs Family Foundation is located in Bryn Mawr, PA. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meigs Family 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 12/2022, Meigs Family Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $268.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Meigs Family Foundation has awarded 69 individual grants totaling $2,127,756. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence B Meigs Trustee | 2 | $0 | |
Gina Meigs Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,800,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $416,266 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$632,228 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,584,038 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $56,315 |
| Total operating and administrative expenses | $56,315 |
| Contributions, gifts, grants paid | $212,214 |
| Total expenses and disbursements | $268,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $718,831 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,867,981 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,586,812 |
| 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, Meigs Family Foundation has awarded $212,214 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
HAVERTOWN TOWNSHIP LITTLE LEAGUE PURPOSE: ASSISTANCE FOR UPCOMING BASEBALL PLAYERS | $600 |
DUQUESNE UNIVERSITY PURPOSE: PUBLIC TUITION CONTRIBUTION | $7,304 |
THE B FOUNDATION PURPOSE: PUBLIC CONTRIBUTION | $1,000 |
ALZ LLC PURPOSE: PUBLIC HOUSING CONTRIBUTION | $3,360 |
REGINA LUMINIS ACADEMY PURPOSE: PUBLIC TUITION CONTRIBUTION | $4,500 |
REGINA LUMINIS ACADEMY PURPOSE: PUBLIC TUITION CONTRIBUTION | $10,000 |