The Metta Giving Foundation
- Assets
- $278.4k
- Revenue
- $16.1k
- Investments
- $264.3k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 82-5468114
Organization Overview
The Metta Giving Foundation is located in Wilmington, DE. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Metta Giving 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, Metta Giving Foundation generated $16.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $101.5k during the year ending 12/2021. While expenses have increased by 6.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Metta Giving Foundation has awarded 45 individual grants totaling $256,363. 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 |
|---|---|---|---|
Ann C Knight Dir, Pres, Sec, Treas | 1 | $0 | |
Philip A Paul VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19 |
| Dividends & Interest | $5,089 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,004 |
| Capital Gain Net Income | $11,004 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,112 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $310 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,027 |
| Total operating and administrative expenses | $6,476 |
| Contributions, gifts, grants paid | $95,000 |
| Total expenses and disbursements | $101,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,048 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $278,358 |
| 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, The Metta Giving Foundation has awarded $95,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL & UNRESTRICTED | $20,000 |
Medford, OR PURPOSE: GENERAL & UNRESTRICTED | $13,000 |
New York, NY PURPOSE: WOMEN'S PRE-TRIAL RELEASE INITIATIVE | $13,000 |
San Francisco, CA PURPOSE: GENERAL & UNRESTRICTED | $13,000 |
New Castle, CO PURPOSE: GENERAL & UNRESTRICTED | $13,000 |
FOUNDATION RWANDA INC PURPOSE: VOCATIONAL TRAINING AND COVID 19 RELIEF FUND | $13,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Education Building Corp Wilmington, DE | $62,091,900 | $5,409,569 |
Stoneleigh Foundation Philadelphia, PA | $92,384,286 | $2,978,235 |
Global Ahead Inc Derwood, MD | $0 | $4,557,570 |
Satell Institute King Of Prussia, PA | $13,359,727 | $1,126,245 |
Rona And Jeffrey Abramson Foundation Rockville, MD | $47,786,937 | $3,092,454 |
Jack Miller Center For Teaching Americas Founding Principles And Bala Cynwyd, PA | $14,689,077 | $1,577,352 |
Wheaton Arts And Cultural Center Inc Millville, NJ | $6,256,174 | $3,464,653 |
Jayne Koskinas Ted Giovanis Foundation For Health And Policy Highland, MD | $14,613,580 | $2,825,934 |
Artyard Erwinna, PA | $77,186,190 | $24,985,342 |
Mansmann Foundation Pa Pittsburgh, PA | $6,102,751 | $745,895 |
Tamim Academies Narberth, PA | $1,567,123 | $2,002,258 |
The Uplands Center Foundation North Haledon, NJ | $18,508,198 | $1,883,897 |