//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Meg Foundation Inc. is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 1999. The principal officer is M Elizabeth Gant. It holds total assets of $1.6M. Annual income is reported at $683K. Total assets have grown from $436K in 2011 to $1.4M in 2023. 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 2016 to 2023. The foundation primarily funds organizations in North Carolina and New York. According to available records, Meg Foundation Inc. has made 58 grants totaling $249K, with a median grant of $3K. Annual giving has grown from $51K in 2020 to $128K in 2022. Individual grants have ranged from $1K to $13K, with an average award of $4K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in North Carolina, District of Columbia, Georgia, which account for 91% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$12K
Based on 16 grants from the most recent 990-PF filing.
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.
Meg Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 58 grants. Its grantmaking reaches organizations primarily in NC, DC, GA.
Meg Foundation Inc. has distributed a total of $249K across 58 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $1K to $13K.
Meg Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Meg Foundation Inc. is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| M Elizabeth Gant | PRES/TREAS | $0 | $0 | N/A |
| Grayson E G Hampson | SECRETARY | $0 | $0 | N/A |
Total Giving
$73K
Total Assets
$1.4M
Fair Market Value
$1.4M
Net Worth
$1.4M
Grants Paid
$63K
Contributions
$92K
Net Investment Income
$50K
Distribution Amount
$66K
Total: $1.4M
Total Grants
58
Total Giving
$249K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
19
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Inter-Faith Food ShuttleGENERAL SUPPORT | Raleigh, NC | $13K | 2022 |
| Food Bank Of Central And E NcGENERAL SUPPORT | Raleigh, NC | $8K | 2022 |
| Planned Parenthood S AtlanticGENERAL SUPPORT | Raleigh, NC | $8K | 2022 |
| FigsGENERAL SUPPORT | Raleigh, NC | $6K | 2022 |
| American Red CrossGENERAL SUPPORT | Washington, DC | $6K | 2022 |
| Spca Wake CountyGENERAL SUPPORT | Raleigh, NC | $5K | 2022 |
| Saint Paul Ame ChurchGENERAL SUPPORT | Raleigh, NC | $5K | 2022 |
| Penland School Of CraftsGENERAL SUPPORT | Penland, NC | $3K | 2022 |
| AspcaGENERAL SUPPORT | Washington, DC | $3K | 2022 |
| Habitat For HumanityGENERAL SUPPORT | Americus, GA | $3K | 2022 |
| Pbs NcGENERAL SUPPORT | Research Triangle Park, NC | $3K | 2022 |
| Elon UniversityGENERAL SUPPORT | Elon, NC | $3K | 2022 |
| United Arts CouncilGENERAL SUPPORT | Raleigh, NC | $2K | 2022 |
| Shepherd'S Table Soup KitchenGENERAL SUPPORT | Raleigh, NC | $5K | 2021 |
| Doctors Without BordersGENERAL SUPPORT | New York, NY | $3K | 2021 |
| Unc-TvGENERAL SUPPORT | Research Triangle Park, NC | $3K | 2021 |
| Baptists On MissionHURRICANE RELIEF | Cary, NC | $2K | 2021 |