Meyerhoff Charitable Tr
- Assets
- $614.8k
- Revenue
- $80.2k
- Investments
- $613.9k
- Employees
- 0
- Location
- Waterloo, IA
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 42-6554728
Organization Overview
Meyerhoff Charitable Tr is located in Waterloo, IA. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2021, Meyerhoff Charitable Tr generated $80.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $61.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTING SCHOLARSHIPS TO COLLEGE BOUND STUDENTS IS THE SOLE FUNCTION OF THIS TRUST. FUNDS ARE PAID DIRECTLY TO THE COLLEGE OR THE UNIVERSITY OF THE ATTENDING STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Neumann Trustee | 5 | $9,800 | |
Joe Nuttig Trustee | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,295 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,283 |
| Capital Gain Net Income | $43,283 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,598 |
| Total Revenue | $80,176 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,800 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $672 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,197 |
| Total operating and administrative expenses | $12,669 |
| Contributions, gifts, grants paid | $49,189 |
| Total expenses and disbursements | $61,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $974 |
| 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 | $614,845 |
| 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, Meyerhoff Charitable Tr has awarded $49,189 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NORTHERN IOWA PURPOSE: SCHOLARSHIP | $12,800 |
IOWA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $10,550 |
UNIVERSITY OF IOWA PURPOSE: SCHOLARSHIP | $10,300 |
HAWKEYE COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $2,800 |
Waverly, IA PURPOSE: SCHOLARSHIP | $2,739 |
Ankeny, IA PURPOSE: SCHOLARSHIP | $2,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Src Benefit Programs Trust Springfield, MO | $118,089 | $9,937,850 |
Woodbourne Charitable Trust Plymouth, MN | $1,142,964 | $10,020,932 |
Audrey E & Donald L Hutt Tr 283 Chicago, IL | $19,533,735 | $12,080,033 |
James M Stanton Foundation Bloomington, MN | $29,105,685 | $38,323,984 |
Lawyers Trust Fund Of Illinois Chicago, IL | $23,693,587 | $13,676,265 |
Cokato Charitable Trust Cokato, MN | $9,103,416 | $8,785,306 |
William H Miner Foundation Chicago, IL | $135,785,081 | $12,025,973 |
Frederick Henry Prince Testamentary Trust Chicago, IL | $125,717,434 | $17,884,796 |
Bluhm Family Charitable Foundation Chicago, IL | $0 | $104,878 |
Willard J And Alice C Corbett Char Tr Chicago, IL | $0 | $307,254 |
Ferdinand A & Agnes M Bower Charitable Trust Chicago, IL | $0 | $555,207 |
Jay And Rose Phillips Family Foundation Of Minnesota Minneapolis, MN | $65,545,808 | $6,097,586 |