Merion Foundation

Organization Overview

Merion Foundation is located in Merion Station, PA. The organization was established in 2006. 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. Merion 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 12/2021, Merion Foundation generated $178.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 48.0% each year . All expenses for the organization totaled $192.3k during the year ending 12/2021. While expenses have increased by 48.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHARITABLE DONATIONS TO COMMUNITY SOCIAL SERVICEORGANIZATIONS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$135,324
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $825
Total Revenue $178,711

Grants Awarded

Over the last fiscal year, Merion Foundation has awarded $6,500 in support to 2 organizations.

Grant RecipientAmount

METHODIST SERVICES

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: BEDROOM RENOVATION GRANT

$3,500

NEW HORIZONS SENIOR CENTER

PURPOSE: LUNCH PROGRAM GRANT

$3,000
View Grant Profile

Peer Organizations

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