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Aaron And Rachel Meyer Memorial Foundation Inc. is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1964. The principal officer is Philip Lowy Pres. It holds total assets of $6.1M. Annual income is reported at $2.7M. The foundation is governed by 3 officers and trustees. Tax records are available from 2021 to 2024. According to available records, Aaron And Rachel Meyer Memorial Foundation Inc. has made 10 grants totaling $576K, with a median grant of $17K. Annual giving has grown from $113K in 2021 to $150K in 2024. Grantmaking activity was highest in 2023 with $164K distributed across 3 grants. Individual grants have ranged from $3K to $150K, with an average award of $58K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in New Jersey and New York and Pennsylvania. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Aaron And Rachel Meyer Memorial Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in NJ, NY, PA.
Aaron And Rachel Meyer Memorial Foundation Inc. has distributed a total of $576K across 10 grants. The median grant size is $17K, with an average of $58K. Individual grants have ranged from $3K to $150K.
The application deadline is MARCH 1 ANNUALLY FOR APRIL REVIEW MEETING SEPTEMBER 1 ANNUALLY FOR OCTOBER REVIEW MEETING. Priority is given to the northeastern new jersey area. Focus is on healthcare, human services, research, education, animal welfare, and the arts.
Aaron And Rachel Meyer Memorial Foundation Inc. is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alissa Murphy | SECRETARY/TREASURY | $65K | $0 | $65K |
| Janet Lowy | VICE PRESIDENT | $50K | $0 | $50K |
| Jake Murphy | TRUSTEE | $30K | $0 | $30K |
Total Giving
$368K
Total Assets
$6.1M
Fair Market Value
$7.3M
Net Worth
$6.1M
Grants Paid
$150K
Contributions
N/A
Net Investment Income
$144K
Distribution Amount
$334K
Total: $5.7M
Total Grants
10
Total Giving
$576K
Average Grant
$58K
Median Grant
$17K
Unique Recipients
7
Most Common Grant
$150K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia UniversityGENERAL OPERATING | New York, NY | $75K | 2021 |
| Valley HospitalGENERAL OPERATING | Ridgewood, NJ | $150K | 2024 |
| Wyckoff Pba Local 261PROGRAM SUPPORT | Wycoff, NJ | $8K | 2023 |
| Franklin Lakes Pba Local 150PROGRAM SUPPORT | Franklin Lakes, NJ | $6K | 2023 |
| Wyckoff Nj Police DepartmentPROGRAM SUPPORT | Wycoff, NJ | $25K | 2021 |
| Christian Health Care CenterGENERAL OPERATING | Pittsburgh, PA | $3K | 2021 |
| National Foundation For Animal RescueGENERAL OPERATING | Sadle River, NJ | $3K | 2021 |