Meredith Slane Finch Michener Foundation Inc
- Assets
- $1.8m
- Revenue
- $496.4k
- Investments
- $1.2m
- Employees
- 0
- Location
- High Point, NC
- Founding
- Data as of
- 12/2022
- EIN
- 83-1392394
Organization Overview
Meredith Slane Finch Michener Foundation Inc is located in High Point, NC. 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. Meredith Slane Finch Michener 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 12/2022, Meredith Slane Finch Michener Foundation Inc generated $496.4k 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 (6.3%) each year. All expenses for the organization totaled $150.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Meredith Slane Finch Michener Foundation Inc has awarded 13 individual grants totaling $145,352. 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 |
|---|---|---|---|
Meredith Slane Person President | 0 | $0 | |
Meredith Kempton Finch Vice President | 0 | $0 | |
Sumner Slane Finch Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $449,882 |
| Interest on Savings | $0 |
| Dividends & Interest | $55,145 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,610 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $496,417 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,170 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,936 |
| Total operating and administrative expenses | $25,756 |
| Contributions, gifts, grants paid | $124,409 |
| Total expenses and disbursements | $150,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $523,888 |
| Savings and temporary cash investments | $0 |
| 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 | $1,769,313 |
| 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, Meredith Slane Finch Michener Foundation Inc has awarded $124,409 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
PORCH CHAPEL HILL PURPOSE: PROVIDING FOOD FOR THOSE IN NEED. | $5,000 |
WESLEY MEMORIAL UNITED METHODIST CHURCH - FEEDING LISA'S KIDS PURPOSE: PROVIDING FOOD FOR THOSE IN NEED. | $10,000 |
THE CROSSNORE SCHOOL PURPOSE: SUPPORT OF SCHOOL'S MISSION TO PROVIDE STUDENTS WITH A HIGH-QUALITY EDUCATION AND INSPIRE LEARNING | $16,235 |
HIGH POINT MUSEUM PURPOSE: SUPPORT THE MISSION OF SHARING GREATER HIGH POINT'S HISTORY, EXPLORING THE POWER OF MEMORY, AND STRENGHTENING THE SENSE OF COMMUNITY. | $1,000 |
LINVILLE FOUNDATION PURPOSE: PROVIDING FINANCIAL SUPPORT FOR STUDENTS PURSUING COLLEGIATE EDUCATION | $2,500 |
OPPORTUNITY INC PURPOSE: SUPPORT OF MISSION TO PROVIDE HIGH QUALITY EDUCATION TO CHILDREN AND EMPOWER CHILDREN OF WORKING FAMILIES TO ACHIEVE ACADEMIC AND LIFE SUCCESS | $30,000 |