Mercury Aircraft Foundation
Mercury Aircraft Foundation is a private foundation based in Hammondsport, New York. Established in 1952, the foundation has maintained tax-exempt status since March 1954. The organization operates as a 501(c)(3) nonprofit with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
+11.2% YoY
Annual Giving
$200K
-3.4% YoY
Grant Count
44
-2.2% YoY
Avg Grant Size
$5K
-1.2% YoY
Under IRS private-foundation payout rules, Mercury Aircraft Foundation reported a distributable amount of $237K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports fire departments and organizations involved with:
- Arts and culture
- Education
- Health
- Religion
Grantmaking
The foundation made 16 total grants in 2024.
Average Grant
amount: Not specified in available data
Ready to take the next step with Mercury Aircraft Foundation?
Geographic Focus
Where this funder awards grants
Primary funding areas include New York, Minnesota, and South Carolina, with notable local activity in the Hammondsport, New York area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total assets: $2,392,741
- Total revenues: $478,523
- Total expenses: $238,223
- Net income: $240,300
- Total liabilities: $0
Revenue Sources (2024):
- Investment income and dividends: $73,481
- Net gain from sale of non-inventory assets: $405,042
Historical Comparison (2023):
- Investment income: $66,196
- Net gain from sale of non-inventory assets: $42,668
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,392,741 | $2,152,441 | $2,223,469 |
| Revenue | $478,523 | $108,864 | $413,526 |
| Expenses | $238,223 | $227,230 | $246,303 |
| Qualifying Distributions | $204,525 | $208,600 | $222,187 |
| Net Investment Income | $451,325 | $90,234 | $389,410 |
| Distributable Amount | $236,600 | $197,115 | $206,837 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
215 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Taylor Health Center ($45,000), Glenn H Curtiss Museum ($25,000), First United Methodist Church ($14,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALFRED UNIVERITY ALFRED, NY | EDUCATION | $5,000 |
| BAMPAS HOUSE CORNING, NY | GOLF TOURNAMENT SPONSOR | $1,000 |
| BATH AMBULANCE BATH, NY | OPERATIONS | $500 |
| BOYS SCOUT TROOP 18 HAMMONDSPORT, NY | OPERATIONS | $1,000 |
| FINGER LAKES BOATING MUSEUM HAMMONDSPORT, NY | 3K CAPITAL PROJECTS; 1K GOLF SPONSOR | $4,000 |
| FINGER LAKES SPCA BATH, NY | OPERATIONS | $500 |
| FIRST UNITED METHODIST CHURCH HAMMONDSPORT, NY | COVID RELIEF | $14,000 |
| FRED & HARRIETT TAYLOR MEMORIAL LIBRARY HAMMONDSPORT, NY | THE LONGEST TABLE EVENT SPONSOR | $12,000 |
| GLENN H CURTISS MUSEUM HAMMONDSPORT, NY | MUSEUM BUILDING FUND | $25,000 |
| HAMMONDSPORT ALUMNI ASSOCIATION HAMMONDSPORT, NY | OPERATIONS | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J F MEADE III | TRUSTEE, PRESIDENT | 1 | — |
| D C MEADE | TRUSTEE, VICE PRESIDENT | 1 | — |
| J F MEADE IV | TRUSTEE, SECRETARY | 1 | — |
| G J HINTZ | TRUSTEE, TREASURER | 1 | — |
| L A CHANDLER | ASS'T SECRETARY | 1 | — |
| JESSICA MEADE DEMORE | TRUSTEE | 1 | — |
Contact Information
Address: 8126 County Route 88 Hammondsport, NY 14840-9458
Telephone: 607-569-4212
Frequently Asked Questions
What does Mercury Aircraft Foundation fund?
The foundation supports fire departments and organizations involved with: • Arts and culture • Education • Health • Religion
How do I apply for a grant from Mercury Aircraft Foundation?
**Grant Activity:** • Total giving in 2024: $199,600–$142,200 in annual grants • Typical award range: $100–$50,100 • Average grant amount: Not specified in available data • Median grant amount: Not specified in available data **Recent Grants (2024):** • Glenn H Curtiss Museum of Local History: $25,000 (Museum Building Fund) • Fred and Harriett Taylor Memorial Library: $12,000 (The Longest Table Event Sponsor) • Hammondsport Community Services: $8,000 (Community Foundation/Keuka Area Endowment) …
Where does Mercury Aircraft Foundation make grants?
Primary funding areas include New York, Minnesota, and South Carolina, with notable local activity in the Hammondsport, New York area.
What size grants does Mercury Aircraft Foundation award?
In 2024, Mercury Aircraft Foundation awarded 44 grants totaling $200K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Mercury Aircraft Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mercury Aircraft Foundation reported a distributable amount of $237K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mercury Aircraft Foundation's EIN?
Mercury Aircraft Foundation's EIN (Employer Identification Number) is 16-6028162. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mercury Aircraft Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Mercury Aircraft Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Mercury Aircraft Foundation to a real strategy.