Eugene & Agnes E Meyer Foundation
- Assets
- $224.8m
- Revenue
- $6.5m
- Investments
- $221.1m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/1946
- Data as of
- 12/2023
- EIN
- 53-0241716
Organization Overview
Eugene & Agnes E Meyer Foundation is located in Washington, DC. The organization was established in 1946. 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. Eugene & Agnes E Meyer 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 12/2023, Eugene & Agnes E Meyer Foundation generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $17.4m during the year ending 12/2023. While expenses have increased by 6.1% per year over the past 4 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.
Since 2019, Eugene & Agnes E Meyer Foundation has awarded 1,209 individual grants totaling $71,751,437. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAL TRAFFICKING, INC - SERVING ON BOARDS/ADVISORY COMMITTEES
PEAK GRANTMAKING - SERVING ON BOARDS/ADVISORY COMMITTEES, PROVIDING TECHNICAL ASSISTANCE
HEALTHYSTEPS - SERVING ON BOARDS/ADVISORY COMMITTEES
UNITED WAY - ALICE - SERVING ON BOARDS/ADVISORY COMMITTEES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tram Nguyen Chair And Director | 5 | $0 | |
Winell Belfonte Vice Chair And Director | 5 | $0 | |
Karen Wawrzaszek Treasurer, Director | 5 | $0 | |
Ryan Young Secretary, Director | 5 | $0 | |
Jeffrey Capizzano Joined 1123 Director | 1 | $0 | |
Charlene M Dukes Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Maegan Scott Consulting Llc | 12/30/23 | $901,000 |
Cambridge Associates Llc | 12/30/23 | $320,716 |
Bridge Philanthropic Consulting Llc | 12/30/23 | $225,000 |
The Bookkeepers Md | 12/30/23 | $191,117 |
Richael Faithful | 12/30/23 | $216,991 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,329 |
| Dividends & Interest | $1,447,382 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,782,933 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $317,218 |
| Total Revenue | $6,548,862 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $633,033 |
| Other employee salaries and wages | $1,500,607 |
| Pension plans, employee benefits | $553,569 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $13,489 |
| Occupancy | $250,083 |
| Travel, conferences, and meetings | $189,538 |
| Printing and publications | $2,616 |
| Other expenses | $1,999,813 |
| Total operating and administrative expenses | $6,575,269 |
| Contributions, gifts, grants paid | $10,830,490 |
| Total expenses and disbursements | $17,405,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $864,416 |
| Savings and temporary cash investments | $1,980,767 |
| 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 | $20,561 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $203,313,440 |
| Net Land, buildings, and equipment | $29,232 |
| Other assets | $857,950 |
| Total assets | $224,816,964 |
| Accounts payable and accrued expenses | $235,315 |
| Grants payable | $7,528,590 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,156,398 |
| Total liabilities | $9,920,303 |
Grants Awarded
Over the last fiscal year, Eugene & Agnes E Meyer Foundation has awarded $18,670,660 in support to 222 organizations.
| Grant Recipient | Amount |
|---|---|
ADVOCATES FOR JUSTICE AND EDUCATION PURPOSE: TO SUPPORT GENERAL OPERATIONS OVER FOUR YEARS | $125,000 |
ASSOCIATION OF BLACK FOUNDATION EXECUTIVES PURPOSE: TO SUPPORT 2023-2024 MEMBERSHIP DUES | $5,000 |
BELOVED COMMUNITY INCUBATOR PURPOSE: TO SUPPORT FUNDRAISING PLANNING | $7,500 |
BELOVED COMMUNITY INCUBATOR PURPOSE: TO SUPPORT GENERAL OPERATIONS | $80,000 |
BREAD FOR THE CITY PURPOSE: TO SUPPORT ADVOCACY AND ORGANIZING WORK OVER FOUR YEARS | $100,000 |
CENTER FOR IDEAS EQUITY AND TRANSFORMATIVE CHANGE PURPOSE: TO SUPPORT THE BLACK DIRT FARM COLLECTIVE'S PROGRAMMING IN PRINCE GEORGE'S COUNTY | $50,000 |