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The Merops Foundation is a private trust based in PHILADELPHIA, PA. The foundation received its IRS ruling in 2013. The principal officer is % Glenmede Trust Co N A. It holds total assets of $9.8M. Annual income is reported at $3.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Merops Foundation has made 50 grants totaling $2.6M, with a median grant of $36K. Annual giving has grown from $461K in 2020 to $560K in 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 24 grants. Individual grants have ranged from $6K to $461K, with an average award of $53K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Pennsylvania, Michigan, New York, which account for 46% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
The Merops Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 50 grants. Its grantmaking reaches organizations primarily in PA, MI, NY.
The Merops Foundation has distributed a total of $2.6M across 50 grants. The median grant size is $36K, with an average of $53K. Individual grants have ranged from $6K to $461K.
The Merops Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Merops Foundation is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| The Glenmede Trust Company N A | TRUSTEE | $57K | $0 | $57K |
| David Lammot Greenewalt | TRUSTEE | $0 | $0 | $0 |
| Nicholas D Cahill | TRUSTEE | $0 | $0 | $0 |
| Benjamin H Testerman | TRUSTEE | $0 | $0 | $0 |
Total Giving
$629K
Total Assets
$9.7M
Fair Market Value
$11.7M
Net Worth
$9.7M
Grants Paid
$560K
Contributions
$0
Net Investment Income
$494K
Distribution Amount
$539K
Total Grants
50
Total Giving
$2.6M
Average Grant
$53K
Median Grant
$36K
Unique Recipients
15
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Board Of Regents Of The University OfANTIOCHIA AD CRAGUM | Lincoln, NE | $43K | 2023 |
| American Research Institute In TurkeySUPPORT FOR FELLOWSHIPS IN | Philadelphia, PA | $160K | 2023 |
| Koc Education Culture And HealthcareGYGAIA PROJECTS 2023 | New York, NY | $70K | 2023 |
| University Of MichiganNOTION ARCHAEOLOGICAL | Ann Arbor, MI | $57K | 2023 |
| University Of Central Florida FoundationKERKENES PROJECT 2023 |
| Orlando, FL |
| $39K |
| 2023 |
| University Of ChicagoREMEDIATION OF THE | Chicago, IL | $37K | 2023 |
| Institute Of Nautical ArchaeologySHIPWRECK CONSERVATION, | College Station, TX | $30K | 2023 |
| Trustees Of The University OfARCHITECTURAL CONSERVATION | Philadelphia, PA | $30K | 2023 |
| University Of California BerkeleyEXCAVATION AND CONSERVATION | Berkeley, CA | $20K | 2023 |
| ArtogetherFLYING CARPET FESTIVAL | Oakland, CA | $15K | 2023 |
| The University Of Kansas Center ForANASTYLOSIS OF THE TEMPLE | Lawrence, KS | $13K | 2023 |
| The Regents Of The University OfNOTION DIG HOUSE PROJECT | Ann Arbor, MI | $120K | 2022 |
| University Of Pennsylvania Museum OfCONSERVATION OF THE TERRACE | Philadelphia, PA | $30K | 2022 |
| University Of Arizona FoundationUNDERGRAD FUNDING IN | Tucson, AZ | $10K | 2021 |
| See AttachedSEE ATTACHED | Philadelphia, PA | $461K | 2020 |
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