Meriden Foundation
- Assets
- $20.4m
- Revenue
- $768.9k
- Investments
- $19.5m
- Employees
- 0
- Location
- Waterbury, CT
- Founding
- 06/1954
- Data as of
- 12/2023
- EIN
- 06-6037849
Organization Overview
Meriden Foundation is located in Waterbury, CT. The organization was established in 1954. 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. Meriden Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Meriden Foundation has awarded 1,526 individual grants totaling $10,472,404. 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 |
|---|---|---|---|
Edward Grady Distribution Committee | 1 | $0 | |
Bruce Burchsted Distribution Committee | 1 | $0 | |
Webster Bank Na Trustee | 5 | $208,131 | |
Colin Mahon Chair, Distribution Commit | 1 | $0 | |
Frank Ridley Distribution Committee | 1 | $0 | |
Jason Teal Distribution Committee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $45,461 |
| Interest on Savings | $8,518 |
| Dividends & Interest | $640,315 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $74,590 |
| Capital Gain Net Income | $74,590 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $768,884 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $208,131 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,698 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $418 |
| Printing and publications | $0 |
| Other expenses | $4,901 |
| Total operating and administrative expenses | $249,344 |
| Contributions, gifts, grants paid | $1,127,977 |
| Total expenses and disbursements | $1,377,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $548 |
| Savings and temporary cash investments | $959,675 |
| 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 | $1,907 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,434,241 |
| 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, Meriden Foundation has awarded $1,127,977 in support to 156 organizations.
| Grant Recipient | Amount |
|---|---|
MERIDEN PUBLIC LIBRARY PURPOSE: GENERAL USE | $5,200 |
MERIDEN PUBLIC LIBRARY PURPOSE: GENERAL USE | $28,000 |
MERIDEN SOUP KITCHEN PURPOSE: GENERAL | $15,000 |
MERIDEN YMCA PURPOSE: GENERAL USE | $6,400 |
ALBERTUS MAGNUS COLLEGE ON BEHALF OF COOPER JOSHUA PURPOSE: SCHOLARSHIP | $5,000 |
MERIDEN YMCA PURPOSE: GENERAL USE | $15,000 |