THE MERAGE INSTITUTE FOR THE AMERICAN DREAM: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE MERAGE INSTITUTE FOR THE AMERICAN DREAM (EIN 68-0529693)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202403199349106800
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T21:46:01-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 695 TOWN CENTER DRIVE SUITE 1000 | AddressLine1Txt |
| City | COSTA MESA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92626 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 680529693 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MERAGE INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MERA | BusinessNameControlTxt |
| Phone | 9494745800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 NEWPORT CENTER DRIVE | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHELLE MERAGE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9494745800 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BINA PATEL | PreparerPersonNm |
| PTIN | P00971719 | PTIN |
| Phone | 7144367100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $10,276,243 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,420,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $3,365 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,365 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $3,365 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $337 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $337 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $337 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $327,632 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $327,632 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $327,632 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $963 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $963 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,752,297 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $331,334 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $4,665 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $548,170 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $475,402 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $49,138 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $41,957 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,745 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,745 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,588 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $14,588 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $94,244 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $94,244 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $34,420 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $34,420 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,163 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $3,163 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $4,199 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $4,199 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,500,140 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $684 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $684 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,499,171 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,249,807 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $684 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $3,847 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,165,726 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $170,029 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $170,029 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,419,836 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $684 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $3,847 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,335,755 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $332,461 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $330,650 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $818 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $13,836 | CashBOYAmt |
| Cash EOY | $4,650 | CashEOYAmt |
| Cash EOYFMV | $4,650 | CashEOYFMVAmt |
| Acct Rcvbl | $14,233 | AcctRcvblAmt |
| Acct Rcvbl BOY | $14,233 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $14,233 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $14,233 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $16,573 | PrepaidExpensesBOYAmt |
| Other Investments BOY | $5,354,173 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $10,252,240 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,252,240 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $15,816 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,696 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $8,283 | LandBOYAmt |
| Land EOY | $5,120 | LandEOYAmt |
| Land EOYFMV | $5,120 | LandEOYFMVAmt |
| Total Assets BOY | $5,407,098 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,276,243 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,276,243 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $107,156 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $187,105 | AccountsPayableEOYAmt |
| Loans From Officers BOY | $2,480,000 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $4,785,733 | LoansFromOfficersEOYAmt |
| Total Liabilities BOY | $2,587,156 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,972,838 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $2,819,942 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $5,303,405 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,819,942 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,303,405 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,407,098 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,276,243 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,819,942 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $332,461 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,151,002 | OtherIncreasesAmt |
| Subtotal | $5,303,405 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,303,405 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | DOVER FOUNDATIONS, LLC | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2022-12-31 | AcquiredDt |
| Sold | 2023-12-31 | SoldDt |
| Gross Sales Price | $327,632 | GrossSalesPriceAmt |
| Gain Or Loss | $327,632 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $327,632 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $327,632 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,596 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,596 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,596 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,064 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $11,064 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $6,468 | OverpaymentAmt |
| Applied To ES Tax | $6,468 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NV | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.MERAGEFOUNDATIONS.COM | WebsiteAddressTxt |
| Individual With Books | STEFFANIE RUFENACHT | IndividualWithBooksNm |
| Phone | 9494745800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 NEWPORT CENTER DRIVE SUITE 1300 | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MICHELLE MERAGE | ||||||||
| 660 NEWPORT CENTER DR 1300 | NEWPORT BEACH | CA | 92660 | PRES/DIRECTOR | 0.00 | $0 | $0 | $0 |
| ELISABETH MERAGE | ||||||||
| 660 NEWPORT CENTER DR 1300 | NEWPORT BEACH | CA | 92660 | SECR/TREAS/DIR | 0.00 | $0 | $0 | $0 |
| RICHARD MERAGE | ||||||||
| 660 NEWPORT CENTER DR 1300 | NEWPORT BEACH | CA | 92660 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| LAUREN MERAGE | ||||||||
| 660 NEWPORT CENTER DR 1300 | NEWPORT BEACH | CA | 92660 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| PAUL MERAGE | ||||||||
| 660 NEWPORT CENTER DR 1300 | NEWPORT BEACH | CA | 92660 | DIRECTOR | 0.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| YISHAY AISIK | ||||||||
| 660 NEWPORT CENTER DRIVE STE 1300 | NEWPORT BEACH | CA | 92660 | EXEC. DIRECTOR | 40.00 | $285,032 | $0 | $0 |
| AMY ELLIS | ||||||||
| 660 NEWPORT CENTER DRIVE STE 1300 | NEWPORT BEACH | CA | 92660 | EXEC. ASST. COORDINA | 40.00 | $85,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ENTREPRENEURS' COMPETITION 45+ - THE COMPETITION IS INTENDED TO ENCOURAGE AND SUPPORT ENTREPRENEURS OVER THE AGE OF 45 TO DEVELOP UNIQUE IDEAS/PROJECTS/VENTURES/TECHNOLOGIES INTO THE PROMISING SUCCESSFUL BUSINESS. | Description1Txt |
| Expenses1 | $370,779 | Expenses1Amt |
| Description2 | HOMELAND SECURITY - THE LEADERSHIP PROGRAM FOR HLS EXECUTIVES IS FOCUSED ON ENHANCING COMPANY'S ABILITY TO OPERATE IN THE UNITED STATES AND TO SUCCEED IN THE GLOBAL MARKETPLACE. THE PROGRAM IS TARGETED TOWARDS ISRAELI STARTUP COMPANIES' HLS-RELATED INDUSTRIES INCLUDING TRAFFIC AND ARMS CONTROL, BORDER SECURITY, PERSONAL SAFETY, CYBER PROTECTION, LAW ENFORCEMENT OFFICERS TRAINING EQUIPMENT, AIR AND ENVIRONMENT SAFETY AND CONTROL, COMMAND AND CONTROL SYSTEMS, SURVEILLANCE SYSTEMS, PROTECTIVE EQUIPMENT, MILITARY ELECTRONICS, ANTI-TERROR SYSTEMS, NON-LETHAL WEAPONS FIRE CONTROL, ENERGY STORAGE SYSTEMS RANGE FINDERS AND OPTICAL EQUIPMENT. | Description2Txt |
| Expenses2 | $277,320 | Expenses2Amt |
| Description3 | FOOD INNOVATION - THE INNOVATION BRIDGE LEADERSHIP PROGRAM FOR FOOD TECH EXECUTIVES FOCUSES ON ENHANCING YOU AND YOUR COMPANY'S ABILITY TO OPERATE IN THE UNITED STATES AND TO SUCCEED IN THE GLOBAL MARKETPLACE. THE PROGRAM IS TARGETED TOWARDS ISRAELI STARTUP COMPANIES, FROM FOOD TECH-RELATED INDUSTRIES, INCLUDING AGRO TECH, NUTRACEUTICALS, FUNCTIONAL FOODS, SUPPLY CHAIN, POST- HARVEST, FOOD TECH APPS, PACKAGING, PROCESSING, LONG-SHELF LIFE TECHNOLOGIES, WASTE MANAGEMENT, FROM SEED TO SHELF TECHNOLOGIES, AND MEDICAL FOODS COMPANIES. | Description3Txt |
| Expenses3 | $249,407 | Expenses3Amt |
| Description4 | FINTECH - THE LEADERSHIP PROGRAM FOR FINTECH EXECUTIVES FOCUSES ON ENHANCING YOU AND YOUR COMPANY'S ABILITY TO OPERATE IN THE UNITED STATES AND TO SUCCEED IN THE GLOBAL MARKETPLACE. THE PROGRAM IS TARGETED TOWARDS EXECUTIVES AT ISRAELI START-UP COMPANIES IN FINANCE TECH RELATED INDUSTRIES, INCLUDING SOFTWARE AND MOBILE APPLICATIONS. | Description4Txt |
| Expenses4 | $206,662 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,762,345 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $32,414 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $14,026 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,808,785 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,808,785 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $87,132 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,721,653 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $286,083 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,335,755 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,335,755 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $818 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $153,120 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $153,938 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $695 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $130,152 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $130,847 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,335,755 | CurrentYearAmt |
| Year1 | $3,443,761 | Year1Amt |
| Year2 | $3,152,738 | Year2Amt |
| Year3 | $2,331,013 | Year3Amt |
| Total | $11,263,267 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $165,000 | CurrentYearAmt |
| Year1 | $335,000 | Year1Amt |
| Year2 | $2,190,000 | Year2Amt |
| Year3 | $585,486 | Year3Amt |
| Total | $3,275,486 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,170,755 | CurrentYearAmt |
| Year1 | $3,108,761 | Year1Amt |
| Year2 | $962,738 | Year2Amt |
| Year3 | $1,745,527 | Year3Amt |
| Total | $7,987,781 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $190,722 | CurrentYearAmt |
| Year1 | $127,431 | Year1Amt |
| Year2 | $149,831 | Year2Amt |
| Year3 | $116,146 | Year3Amt |
| Total | $584,130 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ELISABETH MERAGE | ContributingManagerNm |
| Contributing Manager | PAUL MERAGE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ORANGE COUNTY COMMUNITY FOUNDATION | |||||||
| 30 CORPORATE PARK | IRVINE | CA | 92606 | NONE | PC | GENERAL OPERATING | $165,000 |
| TILLYS LIFE CENTER | |||||||
| 17 PASTEUR | IRVINE | CA | 92606 | NONE | PC | GENERAL OPERATING | $3,729 |
| CHABAD OF LAGUNA | |||||||
| 30804 PACIFIC COAST HWY | LAGUNA BEACH | CA | 92606 | NONE | PC | GENERAL OPERATING | $1,300 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $170,029 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,365 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $337 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 25 | ExclusionCd |
| Exclusion | $963 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $327,632 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $332,297 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $332,297 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDRE & KATHERINE MERAGE FOUNDATION | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 NEWPORT CENTER DR | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,420,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $14,588 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $14,588 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | DOVER FOUNDATIONS, LLC | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $10,252,240 | BookValueAmt |
| EOYFMV | $10,252,240 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $1,745 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,745 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (21 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK FEES | $1,288 | $644 | $644 | $644 |
| INSURANCE | $32,446 | $0 | $0 | $32,446 |
| OFFICE AND OTHER EXPENSE | $9,006 | $0 | $0 | $9,006 |
| TECHNOLOGY AND COMMUNICATIONS | $95,584 | $0 | $0 | $95,584 |
| ADVERTISING AND PROMOTION | $1,000 | $0 | $0 | $1,000 |
| DOVER FOUNDATIONS, LLC | $40 | $40 | $40 | $0 |
| PROGRAM EXPENSES-ISRAELI COORDINATION | $110,004 | $0 | $0 | $110,004 |
| PROGRAM EXPENSES-MEALS&ENTERTAINMENT | $278,889 | $0 | $0 | $278,889 |
| MONTHLY PARKING | $3,087 | $0 | $0 | $3,087 |
| PROGRAM EXPENSES-PRESENTATION DEVELOPMENT | $83,669 | $0 | $0 | $83,669 |
| PROGRAM EXPENSES-PRIZES | $2,266 | $0 | $0 | $2,266 |
| PROGRAM EXPENSES-SPEAKERS | $235,025 | $0 | $0 | $235,025 |
| RECRUITMENT | $4 | $0 | $0 | $4 |
| CREDIT CARD EXPENSES | $6 | $0 | $0 | $6 |
| PROGRAM EXPENSES-LODGING | $281,489 | $0 | $0 | $281,489 |
| PROGRAM EXPENSES-TRAVEL | $60,027 | $0 | $0 | $60,027 |
| PROGRAM EXPENSES-EVENT PRODUCTION | $303,277 | $0 | $0 | $303,277 |
| FILING FEES | $693 | $0 | $0 | $693 |
| POSTAGE AND MAILING SERVICES | $1,282 | $0 | $0 | $1,282 |
| GIFTS | $773 | $0 | $0 | $773 |
| AMORTIZATION EXPENSE | $285 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBERSHIP FEES | Desc |
| Revenue And Expenses Per Books | $963 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $963 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $2,151,002 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $94,244 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $94,244 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL TAX | $33,557 | $0 | $0 | $33,557 |
| STATE TAX | $863 | $0 | $0 | $863 |
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