Meyer Memorial Trust
- Assets
- $1.0b
- Revenue
- $95.8m
- Investments
- $940.4m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 06/1982
- Data as of
- 03/2022
- EIN
- 93-0806316
Organization Overview
Meyer Memorial Trust is located in Portland, OR. The organization was established in 1982. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Meyer Memorial 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 03/2022, Meyer Memorial Trust generated $95.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.1% each year . All expenses for the organization totaled $77.0m during the year ending 03/2022. While expenses have increased by 17.7% per year over the past 5 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 2016, Meyer Memorial Trust has awarded 5,287 individual grants totaling $286,107,018. 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 |
|---|---|---|---|
Name Not Listed Trustee | 10 | $62,000 | |
Name Not Listed Trustee (thru 5/2022) / CEO | 37.5 | $247,917 | |
Name Not Listed Chair | 10 | $74,000 | |
Name Not Listed Trustee | 10 | $62,000 | |
Name Not Listed Trustee | 10 | $62,000 | |
Name Not Listed Trustee | 10 | $62,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Baillie Gifford Overseas Ltd | 3/30/23 | $502,045 |
Cambridge Associates Llc | 3/30/23 | $457,667 |
Rice Hall James | 3/30/23 | $296,511 |
Spitfire Strategies Llc | 3/30/23 | $152,775 |
Good Things Grants | 3/30/23 | $142,208 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $978,994 |
| Dividends & Interest | $3,704,304 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $90,956,230 |
| Capital Gain Net Income | $95,818,386 |
| Net ST Capital Gain | $0 |
| Income Modifications | $587,915 |
| Profit on Inventory Sales | $0 |
| Other Income | $131,765 |
| Total Revenue | $95,771,293 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $926,908 |
| Other employee salaries and wages | $4,438,645 |
| Pension plans, employee benefits | $2,817,026 |
| Interest | $597,602 |
| Taxes | $1,174,192 |
| Depreciation | $520,331 |
| Occupancy | $170,297 |
| Travel, conferences, and meetings | $134,453 |
| Printing and publications | $5,503 |
| Other expenses | $847,622 |
| Total operating and administrative expenses | $15,814,577 |
| Contributions, gifts, grants paid | $61,187,627 |
| Total expenses and disbursements | $77,002,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,239,321 |
| Savings and temporary cash investments | $34,674,919 |
| Net Accounts receivable | $135,027 |
| 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 | $684,493 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $405,707,222 |
| Net Land, buildings, and equipment | $19,801,197 |
| Other assets | $10,626,804 |
| Total assets | $1,007,586,458 |
| Accounts payable and accrued expenses | $1,486,702 |
| Grants payable | $28,650,273 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $18,084,452 |
| Total liabilities | $48,221,427 |
Grants Awarded
Over the last fiscal year, Meyer Memorial Trust has awarded $50,733,096 in support to 785 organizations.
| Grant Recipient | Amount |
|---|---|
1000 FRIENDS OF OREGON PURPOSE: FOR PARTICIPATION IN MEYER'S HOUSING JUSTICE FORUM IN JUNE 2022. | $1,000 |
350DESCHUTES PURPOSE: FOR GENERAL OPERATING SUPPORT OF THIS ORGANIZATION THAT ADVOCATES FOR POLICIES THAT SUPPORT CLEAN ENERGY IN DESCHUTES COUNTY | $35,000 |
350PDX PURPOSE: FOR GENERAL OPERATING SUPPORT OF THIS ORGANIZATION WORKING TO BUILD A DIVERSE GRASSROOTS MOVEMENT THAT SUPPORTS JUSTICE-BASED SOLUTIONS TO THE CLIMATE CRISIS | $70,000 |
ABFE PURPOSE: FOR GENERAL OPERATING SUPPORT OF THIS ORGANIZATION THAT ADVOCATES FOR RESPONSIVE AND TRANSFORMATIVE INVESTMENTS IN BLACK COMMUNITIES | $10,000 |
ACLU PURPOSE: FOR GENERAL SUPPORT | $600 |
ACCESS PURPOSE: FOR GENERAL OPERATING SUPPORT | $50,000 |