France-Merrick Foundation Inc
- Assets
- $0.0
- Revenue
- $2.0m
- Investments
- $200.5m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 06/1967
- Data as of
- 06/2020
- EIN
- 52-6072964
Organization Overview
France-Merrick Foundation Inc is located in Baltimore, MD. 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. France-Merrick Foundation Inc 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 06/2020, France-Merrick Foundation Inc generated $2.0m 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 (43.1%) each year. All expenses for the organization totaled $10.8m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, France-Merrick Foundation Inc has awarded 242 individual grants totaling $9,570,831. 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 |
|---|---|---|---|
Amy M Gross Executive Director | 40 | $267,429 | |
Kristen Mcguire Program Officer | 40 | $100,383 | |
Rosanne Difonzo Assistant Secretary | 32 | $94,428 | |
Elizabeth Rice Program Officer | 24 | $62,866 | |
Robert G Merrick III Vice-President | 1 | $23,500 | |
Walter D Pinkard Jr President | 1 | $23,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $444,765 |
| Dividends & Interest | $1,244,699 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,250 |
| Total Revenue | $2,035,476 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $333,208 |
| Pension plans, employee benefits | $81,239 |
| Depreciation | $6,953 |
| Occupancy | $84,605 |
| Travel, conferences, and meetings | $2,848 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $3,343,940 |
| Contributions, gifts, grants paid | $7,468,293 |
| Total expenses and disbursements | $10,812,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $805,162 |
| Investments—mortgage loans | $0 |
| Investments—other | $116,541,641 |
| Other assets | $72,060 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, France-Merrick Foundation Inc has awarded $9,570,831 in support to 242 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: GRANTS ARE TO BE USED IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION. | $500,000 |
Baltimore, MD PURPOSE: GRANTS ARE TO BE USED IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION. | $500,000 |
Baltimore, MD PURPOSE: GRANTS ARE TO BE USED IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION. | $250,000 |
SHEPPARD PRATT HEALTH SYSTEM PURPOSE: GRANTS ARE TO BE USED IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION. | $250,000 |
ROCA PURPOSE: GRANTS ARE TO BE USED IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION. | $250,000 |
JHU SCHOOL OF NURSING PURPOSE: GRANTS ARE TO BE USED IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION. | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Aurora Foundation Wilmington, DE | $762,186,529 | $34,829,057 |
Dietrich Foundation Pittsburgh, PA | $1,425,693,584 | $93,476,192 |
Bainum Family Foundation Bethesda, MD | $0 | $60,288,788 |
The Morningstar Philanthropic Foundation Bethesda, MD | $552,631,179 | $17,887,743 |
Wyncote Foundation Philadelphia, PA | $612,779,360 | $16,336,575 |
Danville Regional Foundation Danville, VA | $280,479,931 | $21,605,962 |
Freedom Forum Inc Laurel, MD | $0 | $16,145,029 |