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
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
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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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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