Mercury Foundation
- Assets
- $0.0
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 08/2017
- Data as of
- 11/2019
- EIN
- 81-4466525
Organization Overview
Mercury Foundation is located in San Francisco, CA. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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 11/2019, Mercury Foundation generated $8.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (51.2%) each year.
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Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Luma Consulting Llc | 11/29/19 | $182,299 |
Mary C Buletza Cpa | 11/29/19 | $58,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,117,505 |
| Dividends & Interest | $4,947,790 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,065,295 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $323,588 |
| Contributions, gifts, grants paid | $12,150,000 |
| Total expenses and disbursements | $12,473,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $301,887 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $227,176,214 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mercury Foundation has awarded $12,150,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL | $7,000,000 |
New York, NY PURPOSE: GENERAL | $3,000,000 |
Los Angeles, CA PURPOSE: GENERAL | $1,000,000 |
PANTHERA PURPOSE: GENERAL | $1,000,000 |
SEQUOYAH SCHOOL PURPOSE: GENERAL | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reed Family Giving Palo Alto, CA | $0 | $1,785,630 |
Red Husky Foundation Los Gatos, CA | $6,274,305 | $41,190 |
Weingart Foundation Los Angeles, CA | $0 | $38,312,718 |
Elbridge Stuart Foundation San Francisco, CA | $398,384,368 | $27,391,893 |
Kate B Reynolds Charitable Trust Las Vegas, NV | $464,153,663 | $18,578,162 |
Windsong Tr Manhattan Beach, CA | $414,507,711 | $25,208,720 |
The 1440 Foundation Saratoga, CA | $188,273,902 | $45,986,261 |
Kavli Foundation Los Angeles, CA | $660,487,921 | $59,708,443 |
John Pritzker Family Fund Redwood City, CA | $3,823,637 | $24,656,569 |
Sean N Parker Foundation Palo Alto, CA | $238,633,334 | $37,324,330 |
Oprah Winfrey Charitable Foundation West Hollywood, CA | $236,459,881 | $5,701,260 |
Troesh Family Foundation Henderson, NV | $93,532,411 | $8,598,744 |