Meyer Memorial Trust
- Assets
- $740.0m
- Revenue
- $92.3m
- Investments
- $667.4m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 06/1982
- Data as of
- 03/2020
- EIN
- 93-0806316
Meyer Memorial Trust Overview
Meyer Memorial Trust is located in Portland, OR. The organization was established in 1982. According to its NTEE Classification (T21) the organization is classified as: Corporate 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 03/2020, Meyer Memorial Trust generated $92.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 53.1% each year . All expenses for the organization totaled $44.4m during the year ending 03/2020. While expenses have increased by 9.1% per year over the past 3 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 2016, Meyer Memorial Trust has awarded 2,620 individual grants totaling $121,477,268. 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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Meyer Memorial Trust Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee (partial Year) | 10 | $5,167 | |
Rukaiyah Adams Chief Invest Officer | 37.5 | $395,167 | |
Kaberi Banerjee Dir Pgrm & Strategy | 37.5 | $247,818 | |
Phoebe O'leary Dir Bus. Sys. & Ops | 37.5 | $186,050 | |
Crystal Jackson Director Of Hr | 37.5 | $182,361 | |
Brenda Hodges Director Of Finance | 37.5 | $173,817 |
Meyer Memorial Trust Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cody Development Corp | 3/30/20 | $1,232,232 |
Baillie Gifford Overseas Ltd | 3/30/20 | $621,636 |
Sanderson Asset Management Inc | 3/30/20 | $457,864 |
Levin Capital Strategies Lp | 3/30/20 | $233,613 |
Cambridge Associates Llc | 3/30/20 | $350,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,549,755 |
| Dividends & Interest | $4,302,585 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $82,945,070 |
| Capital Gain Net Income | $59,820,475 |
| Net ST Capital Gain | $0 |
| Income Modifications | $264,963 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,484,621 |
| Total Revenue | $92,282,031 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $822,692 |
| Other employee salaries and wages | $4,151,094 |
| Pension plans, employee benefits | $2,464,339 |
| Interest | $0 |
| Taxes | $1,478,757 |
| Depreciation | $0 |
| Occupancy | $438,596 |
| Travel, conferences, and meetings | $615,093 |
| Printing and publications | $20,021 |
| Other expenses | $353,002 |
| Total operating and administrative expenses | $14,161,841 |
| Contributions, gifts, grants paid | $30,191,005 |
| Total expenses and disbursements | $44,352,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $782,266 |
| Savings and temporary cash investments | $45,034,731 |
| Net Accounts receivable | $1,519,531 |
| 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 | $113,794 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $261,924,428 |
| Net Land, buildings, and equipment | $13,910,951 |
| Other assets | $11,327,171 |
| Total assets | $740,042,961 |
| Accounts payable and accrued expenses | $1,345,248 |
| Grants payable | $9,804,094 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $8,252,467 |
| Total liabilities | $19,401,809 |
Meyer Memorial Trust Grants Awarded
Over the last fiscal year, Meyer Memorial Trust has awarded $37,881,465 in support to 774 organizations.
| Grant Recipient | Amount |
|---|---|
OREGON COMMUNITY FOUNDATION - MEYER MEMORIAL TRUST DONOR ADVISED FUND PURPOSE: FOR THE MEYER MEMORIAL TRUST DONOR ADVISED FUND | $1,750,000 |
Washington, DC PURPOSE: FOR THE TIPPING POINT FUND, A NATIONAL COLLABORATIVE TO SUPPORT THE CONTINUED GROWTH OF THE IMPACT INVESTING FIELD | $500,000 |
San Francisco, CA PURPOSE: TO PROVIDE YEAR ONE SUPPORT FOR THE NEW WILLAMETTE RIVER NETWORK | $375,000 |
COLUMBIA RIVER INTER-TRIBAL FISH COMMISSION PURPOSE: TO BUILD THE CAPACITY OF THE COLUMBIA RIVER INTER-TRIBAL FISH COMMISSION TO EFFECTIVELY ACQUIRE, MANAGE AND OVERSEE THE CENTER FOR COASTAL MARGIN OBSERVATION & PREDICTION PROGRAM, AN ESTUARY AND OCEAN OBSERVATION PROGRAM FOR THE COLUMBIA RIVER REGION | $350,000 |
Portland, OR PURPOSE: TO SUPPORT DEVELOPMENT OF A REPLICABLE, COMMUNITY-BASED, AFFORDABLE ADU DEVELOPMENT MODEL AIMED AT INCREASING THE SUPPLY OF AFFORDABLE RENTAL HOUSING AND CREATING STABILITY FOR HOMEOWNERS WITH MODEST INCOMES IN NEIGHBORHOODS EXPERIENCING GENTRIFICATION AND DISPLACEMENT | $300,000 |
San Francisco, CA PURPOSE: FOR CAPITAL SUPPORT TO DEVELOP OF 203 AFFORDABLE RENTAL UNITS IN PORTLAND, INCLUDING 30 UNITS OF PERMANENT SUPPORTIVE HOUSING (PSH) FOR VETERANS AND PEOPLE LIVING ON EXTREMELY LOW INCOMES | $300,000 |
Meyer Memorial Trust Grants Recieved
Over the last fiscal year, we have identified 1 grants that Meyer Memorial Trust has recieved totaling $16,575.
| Awarding Organization | Amount |
|---|---|
Washington Progress Fund Seattle, WA PURPOSE: Leadership development | $16,575 |
Meyer Memorial Trust Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thrive Causemetics Foundation Bellevue, WA | $20,524,869 | $56,548,768 |
The California Wellness Foundation Los Angeles, CA | $1,019,755,165 | $50,496,420 |
Ford Family Foundation Roseburg, OR | $968,675,925 | $30,615,331 |
Meyer Memorial Trust Portland, OR | $740,042,961 | $92,282,031 |
Ray And Dagmar Dolby Family Fund San Francisco, CA | $99,390,789 | $10,905,334 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $10,569,953 | $10,116,470 |
Craig And Susan Mccaw Foundation Kirkland, WA | $28,302,101 | $3,779,056 |
Colburn Music Fund Los Angeles, CA | $0 | $1,827,507 |
Herbalife Nutrtion Foundation Los Angeles, CA | $12,904,700 | $4,767,159 |
Kla-Tencor Foundation Milpitas, CA | $27,951,327 | $8,476,259 |
Walter J & Betty C Zable Foundation San Diego, CA | $0 | $3,783,752 |
Harman Family Foundation Los Angeles, CA | $38,212,766 | $3,645,376 |