Private foundation (trust)EIN 364156727Est. 1998-02
MERIT FOUNDATION
MOUNT PROSPECT, IL 60056
Total Assets
$1.8M
FY 2024
Annual Giving
$72K
FY 2024
Grants Made
25
FY 2024
Avg Grant
$3K
FY 2024
Grant Range
$500–$8K
Typical
Deadlines
—
Applications
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$231K
Total Expenses
$107K
Qualifying Distributions
$84K
Distributable Amount
$84K
Min. Investment Return
$85K
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
25 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
6 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
120 grants
Grant Size Distribution
120 grants
Geographic Focus
16 states
+6 more states
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