Myrtle L Atkinson Foundation
- Assets
- $6.4m
- Revenue
- $282.7k
- Investments
- $6.2m
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 03/1941
- Data as of
- 12/2022
- EIN
- 95-6047161
Organization Overview
Myrtle L Atkinson Foundation is located in Menlo Park, CA. The organization was established in 1941. 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. Myrtle L Atkinson 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 12/2022, Myrtle L Atkinson Foundation generated $282.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.2% each year . All expenses for the organization totaled $525.4k during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 7 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, Myrtle L Atkinson Foundation has awarded 422 individual grants totaling $3,089,000. 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 |
|---|---|---|---|
William N Harris President | 0 | $0 | |
Robert N Harris Vice President | 0 | $0 | |
Jeffrey M Whitsett Director | 0 | $0 | |
John F Harris Director | 0 | $0 | |
William W Harris Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,809 |
| Dividends & Interest | $167,399 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $101,502 |
| Capital Gain Net Income | $102,333 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $282,710 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,585 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,118 |
| Total operating and administrative expenses | $80,420 |
| Contributions, gifts, grants paid | $445,000 |
| Total expenses and disbursements | $525,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,506 |
| Savings and temporary cash investments | $81,505 |
| 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 | $6,234,760 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,353,771 |
| 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, Myrtle L Atkinson Foundation has awarded $445,000 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
API CHAYA PURPOSE: PUBLIC CHARITY | $2,000 |
ARTST TRUST PURPOSE: EDUCATIONAL GRANT | $2,000 |
ASSISTANCE LEAGUE OF SAN MATEO PURPOSE: PUBLIC CHARITY | $5,000 |
BEYOND BORDERS PURPOSE: EVANGELICAL GRANT | $3,000 |
CALIFORNIA INSTITUTE OF TECHNOLOGY PURPOSE: EDUCATIONAL GRANT | $10,000 |
BURN PITS 360 VETERANS ORGANIZATION PURPOSE: MEDICAL GRANT | $10,000 |