Freeman E Fairchild Meeker Charitable Trust
- Assets
- $3.5m
- Revenue
- $120.6k
- Investments
- $3.4m
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 02/1970
- Data as of
- 11/2022
- EIN
- 84-6068906
Organization Overview
Freeman E Fairchild Meeker Charitable Trust is located in Detroit, MI. The organization was established in 1970. 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. Freeman E Fairchild Meeker Charitable Trust 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, Freeman E Fairchild Meeker Charitable Trust generated $120.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $412.0k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Freeman E Fairchild Meeker Charitable Trust has awarded 32 individual grants totaling $1,182,051. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $71 |
| Dividends & Interest | $91,364 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,366 |
| Capital Gain Net Income | $25,366 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,808 |
| Total Revenue | $120,609 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,845 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,052 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,905 |
| Total operating and administrative expenses | $59,862 |
| Contributions, gifts, grants paid | $352,177 |
| Total expenses and disbursements | $412,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $98,226 |
| 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 | $25,567 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,466,423 |
| 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, Freeman E Fairchild Meeker Charitable Trust has awarded $352,177 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Meeker, CO PURPOSE: DAILY OPERATING SUPPORT | $171,663 |
Grand Junction, CO PURPOSE: DAILY OPERATING SUPPORT | $45,000 |
HOLY FAMILY CATHOLIC CHURCH PURPOSE: FOUNDATION STABILIZATION | $40,000 |
Meeker, CO PURPOSE: DAILY OPERATING SUPPORT | $36,000 |
MEEKER UNITED METHODIST CHURCH PURPOSE: DAILY OPERATING SUPPORT | $30,000 |
Meeker, CO PURPOSE: GRANT TO INSTALL LIGHTS | $20,514 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Childrens Fund Inc Neenah, WI | $1,153,019 | $79,562,043 |
Van Andel Institute Grand Rapids, MI | $1,815,971,878 | $111,524,637 |
William Davidson Foundation Birmingham, MI | $1,107,938,800 | $127,279,050 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI | $63,637,902 | $79,561,320 |
Gilbert Family Foundation Detroit, MI | $122,833,560 | $20,538,766 |
The Wexner Family Charitable Fund New Albany, OH | $184,942,197 | $254,449,818 |
Alfred And Isabel Bader 2014 Charitable Trust Milwaukee, WI | $88,717,556 | $62,553,918 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN | $513,484,211 | $27,103,020 |
Fifth Third Union Trust Co Foundation Cincinnati, OH | $28,852,332 | $17,459,816 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |