Meridian Health Foundation
- Assets
- $12.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Mateo, CA
- Founding
- 07/2000
- Data as of
- 12/2021
- EIN
- 68-0444965
Organization Overview
Meridian Health Foundation is located in San Mateo, CA. The organization was established in 2000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Meridian Health 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, Meridian Health Foundation generated $39.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $40.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2021 MERIDIAN HEALTH FOUNDATION CONTINUED TO FOCUS ON ITS PRIMARY MISSION OF CREATING AND FUNDING PROGRAMS THAT ASSIST YOUNG PEOPLE TO BECOME EMPOWERED AND CONTRIBUTE TO THE BETTERMENT OF THEIR SOCIETY. MERIDIAN'S COLLABORATORS AND FUNDS HELPED SUPPORT MULTI-DAY, OVERNIGHT CAMPS THAT PROVIDED TRAINING FOR YOUTH IMPROVING THEIR ACADEMIC CAPACITIES AND GIVING THEM TOOLS TO SERVE THEIR COMMUNITY THROUGH VARIOUS SERVICE PROJECT EXPERIENCES. IN ADDITION, THIS YEAR BOARD MEMBERS VOLUNTEERED TO ORGANIZE TRAINING SEMINARS TO WORK WITH MIDDLE AND HIGH SCHOOL-AGED TEENAGERS AND ACCOMPANY THEM IN FORMING SERVICE-LEARNING GROUPS. ADDITIONAL FUNDS WERE USED TO HELP AN ORGANIZATION DO A STUDY OF YOUTH MOVEMENTS AWAY FROM LOW INCOME AREAS AND THE ASPECTS OF WORK TO HELP ENCOURAGE THEM TO STAY AFTER THEIR UNIVERSITY EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amelia Farid Director | 5 | $0 | |
Selena Trotter Executive Dir. | 5 | $0 | |
Saman Farid Director | 2 | $0 | |
Kevin Trotter Treasurer | 2 | $0 | |
James Tan Director | 5 | $0 | |
Deanne Larue Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,816 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,816 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $90 |
| Total expenses | $40,890 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,046 |
| Other assets | $0 |
| Total assets | $12,046 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,046 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Meridian Health Foundation has recieved totaling $37,500.
| Awarding Organization | Amount |
|---|---|
I & G Charitable Foundation Chicago, IL PURPOSE: GENERAL | $37,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
Hitz Foundation Palo Alto, CA | $70,645,117 | $12,925,863 |
Borina Foundation Burlingame, CA | $0 | $77,406 |
William A Badger Foundation 80108800 Las Vegas, NV | $45,476,386 | $5,276,997 |