Also known as: OF NEVADA
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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. Total assets have grown from $33.5M in 2011 to $45.8M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. 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.
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.
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 | N/A |
| Paul Merage | SECR/TREAS | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$45.8M
Fair Market Value
N/A
Net Worth
$45.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$5.1M
Average Grant
$1M
Median Grant
$26K
Unique Recipients
3
Most Common Grant
$26K
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 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA