Meigs Family Foundation
- Assets
- $8.1m
- Revenue
- $3.3m
- Investments
- $7.1m
- Employees
- 0
- Location
- Bryn Mawr, PA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-7148994
Organization Overview
Meigs Family Foundation is located in Bryn Mawr, PA. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meigs Family 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, Meigs Family Foundation generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.0% each year . All expenses for the organization totaled $927.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Meigs Family Foundation has awarded 57 individual grants totaling $1,915,542. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence B Meigs Trustee | 2 | $0 | |
Gina Meigs Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,750,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $258,449 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $317,926 |
| Capital Gain Net Income | $317,926 |
| Net ST Capital Gain | $77,931 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,326,375 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $57,086 |
| Total operating and administrative expenses | $57,086 |
| Contributions, gifts, grants paid | $869,899 |
| Total expenses and disbursements | $926,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,026,513 |
| 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 | $7,052,023 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,078,536 |
| 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, Meigs Family Foundation has awarded $869,899 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Totowa, NJ PURPOSE: PUBLIC CONTRIBUTION | $150,000 |
Ardmore, PA PURPOSE: PUBLIC CONTRIBUTION | $100,000 |
FRANCISCAN UNIVERSITY PURPOSE: PUBLIC CONTRIBUTION | $100,000 |
SALVATION ARMY PURPOSE: PUBLIC CONTRIBUTION | $100,000 |
DAUGHTERS OF MARY PURPOSE: PUBLIC CONTRIBUTION | $100,000 |
CATHOLIC ANSWERS PURPOSE: PUBLIC CONTRIBUTION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foodbank Of Monmouth And Ocean Counties Inc Neptune, NJ | $23,534,641 | $40,812,179 |
The Montgomery County Coalition For The Homeless Inc Rockville, MD | $3,846,853 | $18,504,232 |
Merakey New Jersey Inc Lafayette Hill, PA | $3,333,906 | $18,038,178 |
Friends Home At Woodstown Inc Woodstown, NJ | $21,975,067 | $12,213,479 |
St Vincent De Paul Community Pharmacy Of Cincinnati Cincinnati, OH | $5,013,896 | $12,938,720 |
St Edmonds Home For Crippled Children Philadelphia, PA | $49,721,966 | $18,318,758 |
Lindner Center Of Hope Professional Associates Mason, OH | $872,961 | $8,136,686 |
Senior Community Services Inc Lakewood, NJ | $636,384 | $10,329,992 |
Newlands Health Philadelphia, PA | $1,159,090 | $8,229,782 |
Janet H And C Harry Knowles Foundation Inc Moorestown, NJ | $83,707,741 | $6,312,977 |
Transitional Services Inc Homestead, PA | $10,014,611 | $8,842,162 |
New Jersey Reentry Jersey City, NJ | $4,380,691 | $8,275,013 |