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Also known as: OF NEVADA
Andre And Katherine Merage Foundation Of Nevada is a private corporation based in NEWPORT BEACH, CA. The foundation received its IRS ruling in 2003. The principal officer is % Douglas K Freeman. It holds total assets of $45.8M. Annual income is reported at $1.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Andre And Katherine Merage Foundation Of Nevada has made 5 grants totaling $5.1M, with a median grant of $26K. The foundation has distributed between $2.5M and $2.6M annually from 2020 to 2022. Individual grants have ranged from $5K to $2.5M, with an average award of $1M. The foundation has supported 3 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Andre And Katherine Merage Foundation Of Nevada primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CA.
Andre And Katherine Merage Foundation Of Nevada has distributed a total of $5.1M across 5 grants. The median grant size is $26K, with an average of $1M. Individual grants have ranged from $5K to $2.5M.
Andre And Katherine Merage Foundation Of Nevada typically selects its grantees rather than accepting unsolicited proposals.
Andre And Katherine Merage Foundation Of Nevada is headquartered in NEWPORT BEACH, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Katherine Merage | PRES/DIRECTOR | $0 | $0 | $0 |
| Paul Merage | SECR/TREAS | $0 | $0 | $0 |
Total Giving
$2.5M
Total Assets
$50.1M
Fair Market Value
$50.1M
Net Worth
$50.1M
Grants Paid
$2.4M
Contributions
$0
Net Investment Income
$2.2M
Distribution Amount
$2.2M
Total: $0
Total Grants
5
Total Giving
$5.1M
Average Grant
$1M
Median Grant
$26K
Unique Recipients
3
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Merage InstituteGENERAL OPERATIONS | Newport Beach, CA | $2.5M | 2022 |
| Jewish Community Center Of Orange CountyGENERAL OPERATIONS | Irvine, CA | $26K | 2022 |
| University SynagogueGENERAL OPERATIONS | Irvine, CA | $5K | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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