Andre & Katherine Merage Foundation

NEWPORT BEACH, CA EIN: 02-0657534

Andre & Katherine Merage Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $45.8M in total assets. In 2024, it awarded 2 grants totaling $2.2M. Net investment income was $1.9M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$45.8M

-8.6% YoY

Annual Giving

$2.2M

-9.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1.1M

-9.1% YoY

Under IRS private-foundation payout rules, Andre & Katherine Merage Foundation reported a distributable amount of $2.4M for 2024 — the minimum it must pay out in qualifying distributions.

About Andre & Katherine Merage Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $12.2M (100%)

States

California

Cities

IrvineNewport Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$45,802,786	$50,108,231	$35,917,595
Revenue	$1,896,363	$2,199,621	$6,926
Expenses	$2,249,381	$2,458,129	$2,581,326
Qualifying Distributions	$2,222,832	$2,452,071	$2,520,297
Net Investment Income	$1,895,807	$2,193,562	$927
Distributable Amount	$2,440,249	$2,231,620	$2,446,162

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Merage Institute ($2,210,000), University Synagogue ($6,400).

Recipient	Purpose	Amount
UNIVERSITY SYNAGOGUE IRVINE, CA	GENERAL OPERATIONS	$6,400
THE MERAGE INSTITUTE NEWPORT BEACH, CA	GENERAL OPERATIONS	$2,210,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KATHERINE MERAGE	PRES/DIRECTOR	2	—
PAUL MERAGE	SECR/TREAS	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Andre & Katherine Merage Foundation?

Andre & Katherine Merage Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT BEACH, CA. It holds $45.8M in total assets as of 2024.

How large is Andre & Katherine Merage Foundation?

As of 2024, Andre & Katherine Merage Foundation holds $45.8M in total assets with $1.9M in annual revenue. It awarded 2 grants totaling $2.2M in 2024.

Where does Andre & Katherine Merage Foundation operate?

Andre & Katherine Merage Foundation has awarded grants in California.

What size grants does Andre & Katherine Merage Foundation award?

In 2024, Andre & Katherine Merage Foundation awarded 2 grants totaling $2.2M — an average of about $1.1M per grant, based on its IRS Form 990 filings.

How much is Andre & Katherine Merage Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Andre & Katherine Merage Foundation reported a distributable amount of $2.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Andre & Katherine Merage Foundation's EIN?

Andre & Katherine Merage Foundation's EIN (Employer Identification Number) is 02-0657534. IRS Form 990 filing data is available on this page for 2020–2024.