The Merrell Family Foundation
- Assets
- $901.1k
- Revenue
- $59.9k
- Investments
- $365.7k
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 01/2008
- Data as of
- 12/2022
- EIN
- 77-0703092
Organization Overview
The Merrell Family Foundation is located in Seattle, WA. The organization was established in 2008. 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. Merrell 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, Merrell Family Foundation generated $59.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $159.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Merrell Family Foundation has awarded 53 individual grants totaling $662,713. 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 |
|---|---|---|---|
Shannon Nagamine Director | 20 | $10,486 | |
James Witter Director | 0 | $0 | |
Susan Witter O'leary Director | 0 | $0 | |
Jennifer Witter Lerch Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $52 |
| Dividends & Interest | $8,428 |
| Net Rental Income | -$6,992 |
| Net Gain on Sale of Assets | $8,129 |
| Capital Gain Net Income | $8,129 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,892 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,486 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,894 |
| Depreciation | $4,322 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,239 |
| Total operating and administrative expenses | $60,941 |
| Contributions, gifts, grants paid | $98,248 |
| Total expenses and disbursements | $159,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $174,457 |
| 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 | $628,901 |
| Investments—mortgage loans | $0 |
| Investments—other | $115,000 |
| Net Land, buildings, and equipment | $2,570 |
| Other assets | -$270,591 |
| Total assets | $901,069 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $98,248 |
| 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 | $98,248 |
Grants Awarded
Over the last fiscal year, The Merrell Family Foundation has awarded $98,248 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FOOD LIFELINE PURPOSE: GENERAL FUND | $20,218 |
JUBILEE WOMEN'S CENTER PURPOSE: GENERAL FUND | $39,000 |
MARY'S PLACE PURPOSE: GENERAL FUND | $39,000 |
KUOW-PUGET SOUND PUBLIC RADIO PURPOSE: GENERAL FUND | $30 |