Private foundation (trust)EIN 874152774Est. 2023-05
THE MERCANTILE BANK FOUNDATION
GRAND RAPIDS, MI 49504
Total Assets
$5.8M
FY 2023
Annual Giving
$518K
FY 2023
Grants Made
161
FY 2023
Avg Grant
$3K
FY 2023
Grant Range
$100–$75K
Typical
Deadlines
—
Applications
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$806K
Total Expenses
$554K
Qualifying Distributions
$529K
Distributable Amount
$258K
Min. Investment Return
$260K
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
161 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
2 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
171 grants
Grant Size Distribution
171 grants
Geographic Focus
6 states
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