Jess Merkle Foundation
- Assets
- $2.5m
- Revenue
- $480.8k
- Investments
- $2.1m
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 04/1997
- Data as of
- 06/2022
- EIN
- 72-1336331
Organization Overview
Jess Merkle Foundation is located in Shreveport, LA. The organization was established in 1997. 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. Jess Merkle 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 06/2022, Jess Merkle Foundation generated $480.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $517.8k during the year ending 06/2022. While expenses have increased by 0.3% per year over the past 7 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 2015, Jess Merkle Foundation has awarded 72 individual grants totaling $2,402,871. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $117,478 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $363,307 |
| Capital Gain Net Income | $363,307 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $480,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,762 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $131,571 |
| Contributions, gifts, grants paid | $386,270 |
| Total expenses and disbursements | $517,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $438,191 |
| 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 | $8,838 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,238 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,515,004 |
| 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, Jess Merkle Foundation has awarded $386,270 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BROADMOOR UNITED METHODIST CHURCH PURPOSE: CHARITABLE CONTRIBUTION TO CHURCH | $144,370 |
SALVATION ARMY OF SHREVEPORT BOSSIER CITY PURPOSE: TO PROVIDE EMERGENCY SHELTER AND TEMPORARY HOUSING FOR SINGLE WOMAN/MEN, WOMEN WITH CHILDREN AND VETERANS | $75,000 |
Shreveport, LA PURPOSE: TO PROVIDE A RESIDENCE FOR WOMEN RECOVERING FROM THE ILLNESS OF ALCOHOLISM AND SUBSTANCE ABUSE | $32,000 |
Shreveport, LA PURPOSE: TO REACH AND UPLIFT ALL PEOPLE AND BRING THEM TO THE KNOWLEDGE AND ACTIVE SERVICE OF GOD | $20,000 |
CHRISTIAN SERVICE INSTITUE PURPOSE: TO SERVE THOSE IN NEED WITH FOOD, CLOTHING, AND OTHER RESOURCES | $20,000 |
COMMUNITY RENEWAL INTERNATIONAL PURPOSE: TO CONNECT NEIGHBORS AND RESIDENTS TO RESTORE THE FOUNDATION OF SAFE AND CARING COMMUNITIES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Ila-West Gulf Maritime Association Inc Royalty Trust Fund No 1 Houston, TX | $56,716,364 | $36,179,083 |
David Weekley Family Foundation Houston, TX | $132,693,267 | $39,507,010 |
T L L Temple Foundation Lufkin, TX | $464,501,486 | $44,070,137 |