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Meridian Capital Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2014. The principal officer is % Morris Werner Law Offices. It holds total assets of $17.1M. Annual income is reported at $1.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Meridian Capital Foundation has made 5 grants totaling $32.4M, with a median grant of $7.4M. Annual giving has decreased from $7.4M in 2020 to $3.7M in 2023. Grantmaking activity was highest in 2022 with $15.5M distributed across 2 grants. Individual grants have ranged from $3.7M to $7.7M, with an average award of $6.5M. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Meridian Capital Foundation 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 NY.
Meridian Capital Foundation has distributed a total of $32.4M across 5 grants. The median grant size is $7.4M, with an average of $6.5M. Individual grants have ranged from $3.7M to $7.7M.
Meridian Capital Foundation typically selects its grantees rather than accepting unsolicited proposals.
Meridian Capital Foundation is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ralph Herzka | Trustee | $0 | $0 | $0 |
| Aaron Birnbaum | Trustee | $0 | $0 | $0 |
Total Giving
$4M
Total Assets
$21.1M
Fair Market Value
$21.1M
Net Worth
$21.1M
Grants Paid
$3.7M
Contributions
$0
Net Investment Income
$303K
Distribution Amount
$1.3M
Total Grants
5
Total Giving
$32.4M
Average Grant
$6.5M
Median Grant
$7.4M
Unique Recipients
1
Most Common Grant
$7.7M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various Qualified CharitiesDETAILED SCHEDULE AVAILABLE UPON REQUEST | New York, NY | $3.7M | 2023 |
Other foundations that have funded Meridian Capital Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| The Nathan Seter Foundation | $10K | 2021 | UNRESTRICTED USE OF RECIPIENT |
| Solomon Organization Charitable Trust | $5K | 2021 | To further the entity's charitable purpose. |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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