Milton & Sophie Meyer Fund
- Assets
- $2.9m
- Revenue
- $130.2k
- Investments
- $2.7m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 06/1980
- Data as of
- 12/2022
- EIN
- 94-6480997
Organization Overview
Milton & Sophie Meyer Fund is located in Las Vegas, NV. The organization was established in 1980. 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. Milton & Sophie Meyer Fund 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, Milton & Sophie Meyer Fund generated $130.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $255.6k during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 5 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 2018, Milton & Sophie Meyer Fund has awarded 66 individual grants totaling $615,500. 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 |
|---|---|---|---|
Harmon M Shragge Jr Co-Trustee | 1 | $14,117 | |
Wells Fargo Bank N A Trustee | 1 | $50,037 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $93,461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,774 |
| Capital Gain Net Income | $36,774 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $130,235 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $64,154 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,397 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $310 |
| Total operating and administrative expenses | $85,625 |
| Contributions, gifts, grants paid | $170,000 |
| Total expenses and disbursements | $255,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580 |
| Savings and temporary cash investments | $131,335 |
| 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 | $1,273,738 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,853,844 |
| 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, Milton & Sophie Meyer Fund has awarded $170,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
UNION FOR REFORM JUDAISM PURPOSE: GENERAL OPERATING | $5,000 |
BAY AREA FRIENDSHIP CIRCLE PURPOSE: GENERAL SUPPORT | $10,000 |
HASIDAH PURPOSE: GENERAL OPERATING | $2,500 |
BERKELEY HILLEL PURPOSE: GENERAL OPERATING | $15,000 |
MOISHE HOUSE PURPOSE: GENERAL OPERATING | $8,000 |
WILDERNESS TORAH PURPOSE: GENERAL SUPPORT | $10,000 |