Meldrum Foundation
- Assets
- $29.4m
- Revenue
- $753.6k
- Investments
- $29.3m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 87-0657244
Organization Overview
Meldrum Foundation is located in Salt Lake City, UT. The organization was established in 2000. 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. Meldrum 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 12/2021, Meldrum Foundation generated $753.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (47.1%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Meldrum Foundation has awarded 79 individual grants totaling $7,516,580. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennette D Meldrum Trustee | 0 | $0 | |
Christopher S Meldrum Exec Dir | 0 | $0 | |
Catherine R Meldrum Sec/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $444,091 |
| Dividends & Interest | $432,253 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$153,259 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30,499 |
| Total Revenue | $753,584 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,121 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,711 |
| Printing and publications | $0 |
| Other expenses | $112,318 |
| Total operating and administrative expenses | $139,112 |
| Contributions, gifts, grants paid | $1,522,000 |
| Total expenses and disbursements | $1,661,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,211 |
| 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 | $29,374,534 |
| 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, Meldrum Foundation has awarded $1,522,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF UTAH PURPOSE: BUILDING CONSTRUCTION - MELDRUM THEATRE | $800,000 |
Durham, NC PURPOSE: CHILD DEVELOPMENT - PRE-SCHOOL | $100,000 |
FOREST VIEW ELEMENTARY SCHOOL PURPOSE: EDUCATION | $75,000 |
NATURAL HISTORY MUSEUM OF UTAH PURPOSE: MUSEUM SPECIAL EXHIBIT - ANTARCTIC DINOSAURS | $75,000 |
Salt Lake City, UT PURPOSE: INNOVATION PROGRAM | $50,000 |
Boston, MA PURPOSE: KENYA HUMANITARIAN AID: LITERACY | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Troesh Family Foundation Henderson, NV | $90,271,272 | $18,993,634 |
Bia Echo Foundation Reno, NV | $26,357,504 | $25,798,977 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Charityvision International Inc Provo, UT | $7,076,179 | $9,590,152 |
R Foundation Kaysville, UT | $410,534 | $5,235,533 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Stonewall Foundation Tucson, AZ | $0 | $109,268 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |
Dick Scheffel Family Charitable Foundation Reno, NV | $5,433,390 | $2,908,793 |
The W W Smith Charitable Trust Las Vegas, NV | $204,297,707 | $16,939,254 |