Merrill Family Foundation Inc
- Assets
- $5.5m
- Revenue
- $197.7k
- Investments
- $5.4m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 04/1996
- Data as of
- 12/2022
- EIN
- 93-1191941
Organization Overview
Merrill Family Foundation Inc is located in Portland, OR. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merrill Family Foundation Inc 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, Merrill Family Foundation Inc generated $197.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $851.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Merrill Family Foundation Inc has awarded 247 individual grants totaling $10,316,231. 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 |
|---|---|---|---|
Kay Merrill Secretary | 1 | $0 | |
Lisa Sickler Director | 1 | $0 | |
Anthony C Merrill President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $144,446 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$146,724 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $197,722 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,942 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $33,940 |
| Contributions, gifts, grants paid | $817,925 |
| Total expenses and disbursements | $851,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,345 |
| Savings and temporary cash investments | $80,408 |
| 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 | $5,444,346 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,529,099 |
| 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, Merrill Family Foundation Inc has awarded $817,925 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MURRAY HILLS CHRISTIAN CHURCH PURPOSE: RELIGIOUS SUPPORT | $50,000 |
LIFEWORKS NORTHWEST PURPOSE: HEALTH | $60,000 |
BUSHNELL UNIVERSITY PURPOSE: SCHLOARSHIPS | $39,000 |
PORTLAND YOUTHBUILDERS PURPOSE: SALARY SUPPORT | $100,000 |
OREGON PUBLIC BROADCASTING PURPOSE: ARTS | $150,000 |
OSU FOUNDATION PURPOSE: SCHOLARSHIPS | $218,925 |