Allen H And Nydia Meyers Foundation
- Assets
- $636.4k
- Revenue
- $93.2k
- Investments
- $634.8k
- Employees
- 0
- Location
- Tecumseh, MI
- Founding
- 05/1967
- Data as of
- 04/2024
- EIN
- 38-6143278
Organization Overview
Allen H And Nydia Meyers Foundation is located in Tecumseh, MI. The organization was established in 1967. 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. Allen H And Nydia Meyers 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 04/2024, Allen H And Nydia Meyers Foundation generated $93.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $21.0k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Allen H And Nydia Meyers Foundation has awarded 162 individual grants totaling $208,050. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lloyd Miller Treasurer | 4 | $0 | |
Tim Husband President | 2 | $0 | |
Ann Hinsdale-Knisel Vice President | 2 | $0 | |
Sarah White Secretery | 1 | $0 | |
Dianne Froelich Director | 1 | $0 | |
Sister Sharon Weber Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $47,319 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,927 |
| Capital Gain Net Income | $45,927 |
| Net ST Capital Gain | $45,927 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $93,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $859 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $816 |
| Total operating and administrative expenses | $4,036 |
| Contributions, gifts, grants paid | $17,000 |
| Total expenses and disbursements | $21,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,592 |
| Savings and temporary cash investments | $0 |
| 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 | $636,441 |
| 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, Allen H And Nydia Meyers Foundation has awarded $17,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BRODY AMTHOR PURPOSE: EDUCATION ASSISTANCE | $1,000 |
ALDO BARBA PURPOSE: EDUCATION ASSISTANCE | $2,000 |
BRYNN FREDRICK PURPOSE: EDUCATION ASSISTANCE | $1,000 |
GRIFFIN FAULKNER PURPOSE: EDUCATION ASSISTANCE | $1,000 |
ARIENETTE KANE PURPOSE: EDUCATION ASSISTANCE | $1,000 |
JACOB GILSON PURPOSE: EDUCATION ASSISTANCEI | $1,000 |