Mercury Foundation
- Assets
- $287.6m
- Revenue
- $17.7m
- Investments
- $82.0m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 08/2017
- Data as of
- 11/2022
- EIN
- 81-4466525
Organization Overview
Mercury Foundation is located in San Francisco, CA. The organization was established in 2017. 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. Mercury 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 11/2022, Mercury Foundation generated $17.7m 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 (29.3%) each year.
Since 2018, Mercury Foundation has awarded 44 individual grants totaling $97,815,000. 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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Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Luma Consulting Llc | 11/29/19 | $182,299 |
Mary C Buletza Cpa | 11/29/19 | $58,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,545,174 |
| Dividends & Interest | $4,581,848 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,118,531 |
| Capital Gain Net Income | $9,488,540 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $503,843 |
| Total Revenue | $17,749,396 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $126,222 |
| Taxes | $15,181 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,756,030 |
| Total operating and administrative expenses | $2,028,145 |
| Contributions, gifts, grants paid | $20,500,000 |
| Total expenses and disbursements | $22,528,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $112,297,840 |
| 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 | $79,956,066 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $93,222,698 |
| Total assets | $287,554,216 |
| 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, Mercury Foundation has awarded $22,500,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PANTHERA PURPOSE: GENERAL | $1,000,000 |
PLANNED PARENTHOOD FEDERATION OF AMERICA PURPOSE: GENERAL | $3,000,000 |
PLANNED PARENTHOOD LOS ANGELES PURPOSE: GENERAL | $2,000,000 |
ROCKEFELLER PHILANTHROPY ADVISORS PURPOSE: GENERAL | $15,000,000 |
CENTER FOR REPRODUCTIVE RIGHTS PURPOSE: GENERAL | $1,500,000 |