Meriden Foundation in Waterbury, Connecticut (CT)

Organization representatives - add corrected or new information about Meriden Foundation »

Non-representatives - add comments about Meriden Foundation»

Meriden Foundation
Employer Identification Number (EIN)066037849
Name of OrganizationMeriden Foundation
Address123 Bank St, Waterbury, CT 06702-2205
ActivitiesScholarships (other), Gifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date06/1954
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationTrust
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$22,826,306
Amount of Income$20,509,265
Form 990 Revenue Amount$1,217,965
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 3.142.98.153 will be logged.

Amount of income in 2013: $20,509,265 (it was $4,719,504 in 2012)
Meriden Foundation: 

 $20,509,265
Other organizations performing similar types of work: 

 $105,489

Assets in 2013: $22,826,306 (it was $12,493,825 in 2012)
Meriden Foundation: 

 $22,826,306
Other organizations performing similar types of work: 

 $325,460

Expenses in 2012: $1,434,124
Meriden Foundation: 

 $1,434,124
Other organizations performing similar types of work: 

 $49,058

Income to expenses ratio in 2012: 14.3
Meriden Foundation: 

 14.3
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 1.1%
This organization: 

 1.1%
Other organizations performing similar types of work: 

 22.8%

Financial snapshot ($)

Revenue for 2012

Expenses for 2012

Assets for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$1,798,046$1,778,887$0
Contributions, gifts, grants, etc., received$19,159
Interest on savings and temporary cash investments$0
Dividends and interest from securities$606,691
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Other$1,172,196
Total expenses and disbursements$1,434,124$188,393$0$1,229,757
Compensation of officers, directors, trustees, etc.$214,083
Total operating and administrative expenses$244,345$188,393$39,978
Contributions, gifts, grants paid$1,189,779
Excess of revenue over expenses and disbursements$363,922
Net investment income$1,590,494
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$12,493,825$20,927,788
Cash - non-interest-bearing$0
Investments-U.S. and state government obligations$45,265
Investments-corporate stock$8,049,343
Investments-corporate bonds$3,858,414
Investments-mortgage loans$0
Investments-other$0
Other$540,803
Total liabilities$10,240
Mortgages and other notes payable$0
Other$10,240
Total liabilities and net assets/fund balances$12,483,585
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$1,172,196
Net capital loss$0
Excise Tax Based on Investment Income (for 2012)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$15,905
Total credits and payments$15,734
2012 estimated tax payments and 2011 overpayment credited to 2012$5,734
Exempt foreign organizations-tax withheld at source$0
Tax paid with application for extension of time to file (Form 8868)$10,000
Backup withholding erroneously withheld$0
Any penalty for underpayment of estimated tax$69
Tax due$240
Overpayment$0
Amount to be credited to 2013 estimated tax$0
Statements Regarding Activities (for 2012)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?Yes
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2012)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$20,566,408
Net value of noncharitable-use assets$20,257,920
Minimum investment return$1,012,896
Distributable Amount (for 2012)
Distributable amount$996,991
Undistributed Income (for 2012)
Distributable amount for 2012$996,991
Undistributed income for 2012. This amount must be distributed in 2013$830,057
Private Operating Foundations (for 2012)
2012201120102009Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Meriden Foundation to others? (optional)
  
Add photo of Meriden Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Say Yes To Education FoundationOne State St, Hartford, CT 06103-3100CT2007-07$173,555,936
2The Tow Foundation Inc, Emily Tow Jackson50 Locust Ave, New Canaan, CT 06840-4737CT2000-03$148,017,699
3Zoom Foundation, Mandel Stephen F Jr Ttee1210 Post Rd, Fairfield, CT 06824-6008CT2001-02$95,028,176
4S & L Marx Foundation Inc7 Dogwood Ln, Greenwich, CT 06830-3917CT2004-04$13,072,884
5Martino Family Foundation329 Mariomi Rd, New Canaan, CT 06840-3318CT2013-01$9,988,142
6Patricia S Heyman Foundation Inc500 W Putnam Ave, Greenwich, CT 06830-6086CT2012-08$9,580,995
7Twenty-Seven Foundation, D Travis Engen TteeCt2-545-02-05, Glastonbury, CT 06033CT2008-09$7,972,203
8Worldquant Foundation1700 East Putnam, Old Greenwich, CT 06870-1366CT2009-02$6,722,590
9Summer Hill Foundation888 Summer Hill Rd, Madison, CT 06443-1604CT2007-12$6,491,218
10David Fund Ta 12092013, Steven M Fast Et Al TteeC/O Utc 9 Farm Springs Rd 1st Floor, Farmington, CT 06032CT2014-10$5,722,693
11Sigrid Rvc Kendall Foundation120 Field Point Cir, Greenwich, CT 06830-7071CT2014-09$5,061,852
12The Pasculano Foundation12 Loch Ln, Greenwich, CT 06830-3024CT2008-04$5,001,736
13John T And Jane A Wiederhold FoundationPO BOX 1144, Torrington, CT 06790-1144CT2008-03$4,692,035
14Tinty Foundation Inc422 Highland Ave Ste 5, Cheshire, CT 06410-2526CT2011-01$3,735,798
15William And Lynda Steere Foundation, Davis Elwood B Co-TteePO BOX 2630, Westport, CT 06880-0630CT1999-07$3,693,826
16Emil And Toby Meshberg Family Foundation Inc665 Sasco Hill Rd, Fairfield, CT 06824-6376CT2013-08$3,557,432
17David H Lodbell Charitable Trust850 Main St, Bridgeport, CT 06604-4917CT2011-07$3,283,084
18Kurtz Family Foundation107 Lords Hwy, Weston, CT 06883-1739CT2013-01$2,988,416
19James R And Frances H Berger Foundation Inc21 Marlow Ct, Riverside, CT 06878-2614CT2012-02$2,798,635
20Brightwater FundC/O Vogel Co, Darien, CT 06820CT2010-03$2,644,808
Number of organizations performing similar types of work
Alaska25
Alabama219
Arkansas78
Arizona303
California2,586
Colorado408
Connecticut419
District of Columbia111
Delaware583
Florida1,525
Georgia481
Hawaii85
Iowa178
Idaho58
Illinois1,113
Indiana311
Kansas157
Kentucky167
Louisiana161
Massachusetts705
Maryland425
Maine85
Michigan619
Minnesota384
Missouri346
Mississippi70
Montana69
North Carolina788
North Dakota20
Nebraska169
New Hampshire75
New Jersey876
New Mexico92
Nevada215
New York2,617
Ohio698
Oklahoma228
Oregon208
Pennsylvania1,086
Rhode Island184
South Carolina171
South Dakota32
Tennessee266
Texas1,263
Utah274
Virginia477
Vermont54
Washington401
Wisconsin354
West Virginia69
Wyoming63
International44
Total22,395

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Meriden Foundation and has no official or unofficial affiliation with Meriden Foundation