Meyers Foundation of Philadelphia

PHILADELPHIA, PA EIN: 23-6243367

Meyers Foundation of Philadelphia is a private foundation, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $457K in total assets. In 2024, it awarded 1 grants totaling $45K. Net investment income was $61K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$457K

+3.1% YoY

Annual Giving

$45K

-5.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$45K

-5.3% YoY

Under IRS private-foundation payout rules, Meyers Foundation of Philadelphia reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.

About Meyers Foundation of Philadelphia

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $222K (100%)

States

Pennsylvania

Cities

Elkins Park

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$456,643	$442,932	$447,304
Revenue	$64,741	$49,298	$72,671
Expenses	$51,029	$53,670	$52,865
Qualifying Distributions	$46,362	$48,833	$48,444
Net Investment Income	$60,677	$43,387	$66,587
Distributable Amount	$49,900	$46,320	$48,822

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Reform Congregation Keneseth Israel ($45,000).

Recipient	Purpose	Amount
REFORM CONGREGATION KENESETH ISRAEL ELKINS PARK, PA	GENERAL FUND	$45,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PETER E MYERS	TREASURER & TRUSTEE	—	—
JOAN MYERS	TRUSTEE	—	—

Frequently Asked Questions

How large is Meyers Foundation of Philadelphia?

As of 2024, Meyers Foundation of Philadelphia holds $457K in total assets with $65K in annual revenue. It awarded 1 grants totaling $45K in 2024.

Where does Meyers Foundation of Philadelphia operate?

Meyers Foundation of Philadelphia has awarded grants in Pennsylvania.

What size grants does Meyers Foundation of Philadelphia award?

In 2024, Meyers Foundation of Philadelphia awarded 1 grants totaling $45K — an average of about $45K per grant, based on its IRS Form 990 filings.

How much is Meyers Foundation of Philadelphia required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Meyers Foundation of Philadelphia reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Meyers Foundation of Philadelphia's EIN?

Meyers Foundation of Philadelphia's EIN (Employer Identification Number) is 23-6243367. IRS Form 990 filing data is available on this page for 2020–2024.