Public Charity

Meritus College Fund

Based in San Rafael, CA, Meritus College Fund operates as a Public Charity. The organization reported $1.4M in revenue, $2.0M in expenses, $3.8M in total assets for fiscal year 2018. Imperigo tracks 21 reported grant relationships connected to this organization totaling approximately $1.2M.

EIN: 943257076 San Rafael, CA General Support NTEE: DEFAULT Latest filing: 2018
Total Revenue$1.4M
Total Expenses$2.0M
Total Assets$3.8M
Grant Records21
Funding Total$1.2M
Filing Years2017–2018

Mission

Meritus believes that higher education is a critical step in addressing income disparity for students of color, first generation students and those from low income backgrounds. Socio-economic circumstance should not limit them from fully engaging in this transformative opportunity. To this end, Meritus empowers San Francisco youth from low income backgrounds to succeed in college and prepare for opportunities post-graduation by providing scholarships, individualized coaching and career mentoring and development.

Officers & Directors

Director Abhay Parekh
Director Alison Bowe Diessner
Directror Claudia Moeller
Executive Dir Diana Wolf
Director Janie Richardson
Director Jennifer Sweeney

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$361,860 2 grants
Unrestricted
$150,545 3 grants
For grant recipient's exempt purposes
$142,995 2 grants
Education
$125,150 1 grant
FIVE SCHOLARSHIPS OF $14,000 EACH FOR 2018, GENERAL SUPPORT
$71,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2018 $1.4M $2.0M $3.8M
2017 $1.9M $1.2M $4.5M

Between 2017 and 2018, reported annual revenue declined from $1.9M to $1.4M (-26%), with total assets most recently reported at $3.8M.

Interactive year-over-year charts and full filing details available with membership.

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