The Paul & Elisabeth Merage Family Foundation
Only null% goes to programs Strong reserves
The Paul & Elisabeth Merage Family Foundation is a 501(c)(3) organization based in Newport Beach, California, registered in 2003, with $1,612,456 in FY2024 revenue. CharityIndex grades it C.
660 Newport Center Dr Ste 1300, Newport Beach, CA, 92660 EIN 68-0529692 Since 2003
Revenue (FY2024)
$1.6M
▼ 13.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.9M
Net assets
$39.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Paul & Elisabeth Merage Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating247 mo reserves · -18% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Paul & Elisabeth Merage Family Foundation: 247 mo reserves · -18% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Paul & Elisabeth Merage Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Paul & Elisabeth Merage Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 660 Newport Center Dr Ste 1300, Newport Beach, CA, 92660
- City
- Newport Beach
- State
- California
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $2.2M (FY2013) to $1.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.9MNet assets $39.0M
Operating margin
-17.6%
Spent more than it raised in the latest fiscal year.
Total assets
$40.8M
Total liabilities
$1.9M
Net assets
$39.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,612,456▼13.4% | $1,896,216▼7.6% | $38,960,473▼8.3% | $40,814,596▼8.2% | 990PF |
| 2023 | $1,861,387▲31762% | $2,052,349▼9.6% | $42,494,670▲39.4% | $44,450,281▲45.8% | 990PF |
| 2022 | $5,842▼99.7% | $2,269,484▲6.0% | $30,478,131▼29.5% | $30,478,231▼29.5% | 990PF |
| 2021 | $1,894,023▲156% | $2,141,153▲5.2% | $43,224,468▼2.6% | $43,224,484▼2.6% | 990PF |
| 2020 | $741,002▼52.1% | $2,036,269▲0.6% | $44,392,500▼3.2% | $44,395,204▼3.2% | 990PF |
| 2019 | $1,546,303▲339% | $2,023,330▲3.7% | $45,871,919▲26.6% | $45,872,459▲26.6% | 990PF |
| 2018 | $351,990▼88.2% | $1,951,579▲0.8% | $36,237,391▼5.0% | $36,242,404▼5.2% | 990PF |
| 2017 | $2,993,912▲1118% | $1,935,485▲2.3% | $38,152,960▼3.9% | $38,214,460▼3.7% | 990PF |
| 2016 | $245,810▲24.3% | $1,891,296▲6.8% | $39,682,850▲4.0% | $39,683,171▲4.0% | 990PF |
| 2015 | $197,804▲43.6% | $1,770,656▲17.9% | $38,153,895▲2.4% | $38,154,000▲2.4% | 990PF |
| 2014 | $137,778▼93.7% | $1,501,936▼11.0% | $37,253,876▲6.6% | $37,255,068▲6.6% | 990PF |
| 2013 | $2,170,568 | $1,686,658▼3.6% | $34,938,410▲7.5% | $34,938,575▲7.5% | 990PF |
| 2012 | — | $1,750,417▲10.2% | $32,498,580▲3.7% | $32,499,423▲3.7% | 990PF |
| 2011 | — | $1,588,519▲19.1% | $31,332,950▼2.0% | $31,333,288▼2.0% | 990PF |
| 2010 | — | $1,333,257 | $31,979,474 | $31,979,474 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is The Paul & Elisabeth Merage Family Foundation a legitimate nonprofit?
- Yes. The Paul & Elisabeth Merage Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 68-0529692, based in Newport Beach, California. Donations are tax-deductible.
- What is The Paul & Elisabeth Merage Family Foundation's EIN?
- The Paul & Elisabeth Merage Family Foundation's Employer Identification Number (EIN) is 68-0529692.
- How much revenue does The Paul & Elisabeth Merage Family Foundation report?
- The Paul & Elisabeth Merage Family Foundation reported $1,612,456 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Paul & Elisabeth Merage Family Foundation have?
- CharityIndex grades The Paul & Elisabeth Merage Family Foundation C, based on financial health (reserves and operating margin).
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Data for The Paul & Elisabeth Merage Family Foundation (EIN 68-0529692) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.