The Mericos Foundation
- Assets
- $44.7m
- Revenue
- $729.4k
- Investments
- $44.0m
- Employees
- 0
- Location
- South Pasadena, CA
- Founding
- 07/1980
- Data as of
- 12/2022
- EIN
- 95-3500491
Organization Overview
The Mericos Foundation is located in South Pasadena, CA. The organization was established in 1980. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Mericos 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 12/2022, Mericos Foundation generated $729.4k 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 (4.8%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Mericos Foundation has awarded 465 individual grants totaling $13,359,313. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donja Blokker-Dalquist President/director | 2 | $0 | |
Donna Coffin Vice President/director | 2 | $0 | |
Pegine Grayson Secretary/executive Director | 2 | $0 | |
David Dahl Cfo/director | 2 | $0 | |
Arlo G Sorensen Director | 2 | $0 | |
Linda J Blinkenberg Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $147,133 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $424,989 |
| Capital Gain Net Income | $635,476 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $157,320 |
| Total Revenue | $729,442 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43,946 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,747 |
| Total operating and administrative expenses | $448,298 |
| Contributions, gifts, grants paid | $3,613,500 |
| Total expenses and disbursements | $4,061,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,265 |
| Savings and temporary cash investments | $489,497 |
| 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 | $24,496 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $37,250,059 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $227,318 |
| Total assets | $44,732,372 |
| Accounts payable and accrued expenses | $28,581 |
| Grants payable | $613,021 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $316,348 |
| Total liabilities | $957,950 |
Grants Awarded
Over the last fiscal year, The Mericos Foundation has awarded $3,613,500 in support to 112 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED BOYS & GIRLS CLUBS OF SANTA BARBARA COUNTY PURPOSE: CAMP WHITTIER CAPITAL IMPROVEMENTS ($400K OVER 2 YEARS) | $200,000 |
UNITED BOYS & GIRLS CLUBS OF SANTA BARBARA COUNTY PURPOSE: SCHOLARSHIP ENDOWMENT ($400K OVER 2 YEARS) | $200,000 |
CENTER FOR URBAN AGRICULTURE AT FAIRVIEW GARDENS PURPOSE: FAIRVIEW GARDENS PLANNING AND REDESIGN | $100,000 |
FOODBANK OF SANTA BARBARA COUNTY PURPOSE: BUILDING READINESS CAPITAL CAMPAIGN SUPPORT | $100,000 |
GREATER HORIZONS PURPOSE: TO SUPPORT VARIOUS PUBLIC CHARITIES ON A WIDE VARIETY OF CAUSES. | $85,000 |
INTERNATIONAL COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $85,000 |