Mercury Aircraft Foundation
Mercury Aircraft Foundation is a private foundation based in Hammondsport, New York. Its 2024 grants supported organizations including a health center, a museum, churches, a library, community services, and an educational institution.
Key facts about Mercury Aircraft Foundation
In short: Mercury Aircraft Foundation gave $200K across 44 grants in 2024 (avg $5K), mostly in New York. 5% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 16-6028162
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $199,600
- Grants made (2024)
- 44
- Average grant
- $4,536
- Median grant
- $1,000
- New grantees (estimate)
- 5% first-time grantees (2 of 44, 2024)
- Total assets
- $2,392,741
- Primary geography
- New York (95% of itemized 2024 grant dollars)
- How to apply
- The filing lists the foundation as the contact, says forms and materials are not applicable, and states that there are no restrictions on awards. Full details ↓
- Deadline
- None.
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
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.
Is Mercury Aircraft Foundation open to new grantees?
5%
first-time grantees, 2024
In 2024, 2 of 44 grantees (5%) were first-time recipients. First grants averaged $23K; repeat grants $4K. How we count
Medians: $23K first-time, $1K repeat.
- 95% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+5%). Method
- In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement is provided. The grants listed include support for health and human services, a museum building fund, church relief and operations, library programming, community services, and education.
Among its grantees, United Way of the Southern Tier says it works to unite and prioritize resources to improve quality of life for people and families in its community. Keuka Health Care Foundation says it raises funds and provides support solely for the benefit of its affiliate, Ira Davenport Memorial Hospital. Keuka College describes its mission as creating exemplary citizens and leaders to serve the nation and the world.
Grantmaking
In 2024, the foundation made 44 grants totaling $199,600. Awards ranged from $100 to $45,000, with a median of $1,000.
Review Cycle
** None.
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Geographic Focus
Where this funder awards grants
The 2024 grant-dollar distribution was reported as 95% to New York, 5% to Delaware, 1% to Minnesota, and 0% to South Carolina. The listed grants include substantial support in Hammondsport and elsewhere in New York.
Grant Distribution by State
Share of all 44 itemized 2024 grant dollars.
Cities
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
| Recipient | Purpose | Amount |
|---|---|---|
| TAYLOR HEALTH CENTER Bath, NY | HEALTH AND HUMAN SERVICES | $45,000 |
| GLENN H CURTISS MUSEUM Hammondsport, NY | MUSEUM BUILDING FUND | $25,000 |
| FIRST UNITED METHODIST CHURCH Hammondsport, NY | COVID RELIEF | $14,000 |
| ST JAMES EPISCOPAL CHURCH Hammondsport, NY | COVID RELIEF | $14,000 |
| ST JOHN VIANNEY CATHOLIC CHURCH Bath, NY | COVID RELIEF | $14,000 |
| WELLSPRING FELLOWSHIP OF HAMMONDSPORT Hammondsport, NY | OPERATIONS | $14,000 |
| FRED & HARRIETT TAYLOR MEMORIAL LIBRARY Hammondsport, NY | THE LONGEST TABLE EVENT SPONSOR | $12,000 |
| VOLUNTEER FIRE DEPARTMENTS - CITIZENS HOSE COMPANY Smyrna, DE | OPERATIONS | $9,000 |
| HAMMONDSPORT COMMUNITY SERVICES Hammondsport, NY | COMMUNITY FOUNDATION/KEUKA AREA ENDOWMENT | $8,000 |
| UNITED WAY OF THE SOUTHERN TIER Corning, NY | HEALTH AND HUMAN SERVICES | $7,500 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $2,392,741 | $478,523 | $238,223 | $199,600 |
| 2023 | $2,152,441 | $108,864 | $227,230 | $206,600 |
| 2022 | $2,223,469 | $413,526 | $246,303 | $220,012 |
| 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 |
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
Leadership team and compensation from IRS filings
The 2024 filing lists J. F. Meade III as trustee and president; D. C. Meade as trustee and vice president; J. F. Meade IV as trustee and secretary; G. J. Hintz as trustee and treasurer; L. A. Chandler as assistant secretary; and Jessica Meade Demore as trustee.
Mercury Aircraft Foundation is led by J. F. Meade III, Trustee & President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
J. F. Meade III
Trustee & President
On filings since 2020
1 hr/week
No compensation reported
D. C. Meade
Trustee & Vice President
On filings since 2020
1 hr/week
No compensation reported
G. J. Hintz
Trustee & Treasurer
On filings since 2020
1 hr/week
No compensation reported
J. F. Meade IV
Trustee & Secretary
On filings since 2020
1 hr/week
No compensation reported
Jessica Meade Demore
Trustee
On filings since 2020
1 hr/week
No compensation reported
L. A. Chandler
Ass't Secretary
On filings since 2020
1 hr/week
No compensation reported
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.
Contact
Application contact: Mercury Aircraft Foundation
Mailing address: 8126 County Route 88, Hammondsport, NY 14840
Phone: (607) 569-4212
Frequently asked questions about Mercury Aircraft Foundation
How much does Mercury Aircraft Foundation give each year?
Mercury Aircraft Foundation gave $200K across 44 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $207K across 45 grants.
What is Mercury Aircraft Foundation's typical grant size?
Mercury Aircraft Foundation's median grant in 2024 was $1,000, and its average grant was $4,536, across 44 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Mercury Aircraft Foundation that year got $23K on average.
Where does Mercury Aircraft Foundation give grants?
Mercury Aircraft Foundation gives mostly in New York: 95% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Hammondsport, NY (16 grants), Bath, NY (9 grants), Corning, NY (2 grants) and Keuka Park, NY (2 grants).
Does Mercury Aircraft Foundation give general operating support?
Not in 2024: none of the 44 grants with a stated purpose on Mercury Aircraft Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Operations" (28 grants), "Covid Relief" (3 grants) and "Healthcare Fund Donation" (3 grants).
Who are Mercury Aircraft Foundation's largest grantees?
Mercury Aircraft Foundation's largest 2024 grantees include Taylor Health Center ($45,000), Glenn H Curtiss Museum ($25,000) and First United Methodist Church ($14,000), according to its 2024 IRS Form 990-PF. Together they received 42% of its itemized 2024 grant dollars.
How large is Mercury Aircraft Foundation?
Mercury Aircraft Foundation reported $2.4M in total assets on its 2024 IRS Form 990-PF. It paid out $205K in qualifying distributions that year, against a required minimum of $237K (roughly 5% of its investment assets).
What does Mercury Aircraft Foundation fund?
No mission statement is provided. The grants listed include support for health and human services, a museum building fund, church relief and operations, library programming, community services, and education. Among its grantees, United Way of the Southern Tier says it works to unite and prioritize resources to improve quality of life for people and families in its community. Keuka Health Care Foundation says it raises funds and provides support solely for the benefit of its affiliate, Ira Daven…
How do I apply for a grant from Mercury Aircraft Foundation?
The filing lists the foundation as the contact, says forms and materials are not applicable, and states that there are no restrictions on awards. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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