Edgar & Kathleen Merkle Fdn is located in Dallas, TX. The organization was established in 1900. 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.
For the year ending 12/2022, Edgar & Kathleen Merkle Fdn generated $24.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $25.4k during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America N A Co-Trustee | 1 | $3,943 | |
Phillip K Merkle Co-Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,359 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,846 |
| Capital Gain Net Income | $10,846 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,205 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,943 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $161 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,354 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $25,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,060 |
| 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 | $246,340 |
| 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 |
Over the last fiscal year, Edgar & Kathleen Merkle Fdn has awarded $20,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
DELMARVA NESTING FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $1,000 |
CATHOLIC CHARITIES ARCHDIOCESE OF PURPOSE: UNRESTRICTED GENERAL | $3,500 |
SHORERIVERS PURPOSE: UNRESTRICTED GENERAL | $1,000 |
KENT ASSOC FOR RIDING PURPOSE: UNRESTRICTED GENERAL | $2,000 |
PAWS FOR PEOPLE PURPOSE: UNRESTRICTED GENERAL | $2,500 |
GREENMORE FARM ANIMAL RESCUE PURPOSE: UNRESTRICTED GENERAL | $2,500 |