Funder DirectoryMERCHANTS FOUNDATION INC
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Private foundation (trust)EIN 881340802Est. 2022-07

MERCHANTS FOUNDATION INC

CARMEL, IN 46032

Accepts unsolicited proposals

Total Assets

$500

FY 2024

Annual Giving

$450K

FY 2024

Grants Made

35

FY 2024

Avg Grant

$13K

FY 2024

Grant Range

$563–$90K

Typical

Deadlines

Open / rolling

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$450K

Total Expenses

$450K

Qualifying Distributions

$450K

Distributable Amount

$472

Min. Investment Return

$472

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

35 grants

Grant sizes from minimum $563 through median $5K to maximum $90K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

2 years

Giving over time from 2023 to 2024. Peak $450K in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

40 grants

INDIANA UNIVERSITY FOUNDATION INC
$90K
1 grant
Fields Market Garden
$81K
1 grant
RDOOR - FKA (MERCHANTS AFFORDABLE HOUSING CORP)
$75K
1 grant
GREATER INDIANAPOLIS HABITAT FOR HUMANITY
$50K
1 grant
COBURN PLACE
$50K
1 grant
PROVIDENCE CRISTO REY HIGH SCHOOL
$32K
1 grant
FIRST BAPTIST ATHLETICS
$20K
1 grant
LOCAL INITIATIVES SUPPORT CORPORATION (LISC) INDIANA
$20K
1 grant

Grant Size Distribution

40 grants

<$10K
31
grants
$10–50K
6
grants
$50–250K
3
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

8 states

Indiana
$524K
95% of total
Minnesota
$14K
3% of total
Illinois
$11K
2% of total
District of Columbia
$2K
0% of total
New Jersey
$900
0% of total
Florida
$644
0% of total
Massachusetts
$587
0% of total
New York
$563
0% of total

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MERCHANTS FOUNDATION INC — Grants, Financials & Contact | Grantivo