Joseph F Meade Memorial Science FD X7007
Joseph F Meade Memorial Science FD X7007 is a private foundation, based in Hammondsport, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $203K in total assets. In 2024, it awarded 3 grants totaling $16K. Net investment income was $7K.
Key facts about Joseph F Meade Memorial Science FD X7007
In short: Joseph F Meade Memorial Science FD X7007 gave $16K across 3 grants in 2024 (avg $5K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 16-6015269
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $16,000
- Grants made (2024)
- 3
- Average grant
- $5,333
- Median grant
- $2,500
- Total assets
- $202,851
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$203K
-4.7% YoY
Annual Giving
$16K
-38.5% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$5K
-17.9% YoY
Under IRS private-foundation payout rules, Joseph F Meade Memorial Science FD X7007 reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
How Joseph F Meade Memorial Science FD X7007 gives
- Giving fell 51% from 2021 to 2024. Method
- In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $11K (2020) to $33K (2021). In 2024 it made 3 grants totaling $16K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 26 grants of 26 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 3 individual scholarships Recipients not named | — | $16,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $202,851 | $212,938 | $243,291 |
| Revenue | $8,026 | $-2,581 | $34,598 |
| Expenses | $18,113 | $27,772 | $30,081 |
| Qualifying Distributions | $16,050 | $26,000 | $28,444 |
| Net Investment Income | $6,688 | $2,019 | $33,358 |
| Distributable Amount | $17,421 | $16,927 | $25,165 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Joseph F Meade Memorial Science FD X7007's only listed officer is Mercury Aircraft Foundation, Trustee on every filing since 2021 (uncompensated).
Officers on the 2024 filing
Mercury Aircraft Foundation
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Former officers (2)
- Former: JP Morgan Chase Bank NA (2021) — Trustee
- Former: JP Morgan Chase Bank N A (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Joseph F Meade Memorial Science FD X7007
How much does Joseph F Meade Memorial Science FD X7007 give each year?
Joseph F Meade Memorial Science FD X7007 gave $16K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $26K across 4 grants.
What is Joseph F Meade Memorial Science FD X7007's typical grant size?
Joseph F Meade Memorial Science FD X7007's median grant in 2024 was $2,500, and its average grant was $5,333, across 3 grants on its 2024 IRS Form 990-PF.
Where does Joseph F Meade Memorial Science FD X7007 give grants?
Joseph F Meade Memorial Science FD X7007 gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Joseph F Meade Memorial Science FD X7007 give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Joseph F Meade Memorial Science FD X7007's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (3 grants).
How large is Joseph F Meade Memorial Science FD X7007?
Joseph F Meade Memorial Science FD X7007 reported $203K in total assets on its 2024 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Joseph F Meade Memorial Science FD X7007's EIN?
Joseph F Meade Memorial Science FD X7007's EIN (Employer Identification Number) is 16-6015269. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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