Merle & Peg Hamilton Charitable Foundation
- Assets
- $1.9m
- Revenue
- $59.2k
- Investments
- $1.9m
- Employees
- 0
- Location
- Marion, OH
- Founding
- Data as of
- 12/2023
- EIN
- 31-1650890
Organization Overview
Merle & Peg Hamilton Charitable Foundation is located in Marion, OH.
For the year ending 12/2023, Merle & Peg Hamilton Charitable Foundation generated $59.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $91.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Merle & Peg Hamilton Charitable Foundation has awarded 48 individual grants totaling $239,200. 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 |
|---|---|---|---|
Marcia A Cramer Trustee | 1 | $5,918 | |
Ronald D Cramer Trustee | 1 | $5,918 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20 |
| Dividends & Interest | $57,908 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $39,397 |
| Net ST Capital Gain | $1,935 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,228 |
| Total Revenue | $59,156 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,835 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,447 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $30,523 |
| Contributions, gifts, grants paid | $60,500 |
| Total expenses and disbursements | $91,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,430 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,917,717 |
| 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, Merle & Peg Hamilton Charitable Foundation has awarded $60,500 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
WOMENS CLUB HOME PURPOSE: COMMUNITY SUPPORT | $0 |
MARION COMMUNITY FOUNDATION PURPOSE: SITE VISITATION FUND | $2,000 |
MARION CO HISTORICAL SOC PURPOSE: COMMUNITY SUPPORT | $9,075 |
MARION COMMUNITY FOUNDATION PURPOSE: COMMUNITY SUPPORT | $0 |
PALACE CULTURAL ASSOC PURPOSE: COMMUNITY SUPPORT | $10,000 |
THE OHIO STATE UNIVERSITY PURPOSE: COMMUNITY SUPPORT | $0 |