Funder DirectoryTHE MERCHANTS BONDING COMPANY FOUNDATION
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Private foundation (trust)EIN 263035459Est. 2009-03

THE MERCHANTS BONDING COMPANY FOUNDATION

WEST DES MOINES, IA 502667754

Total Assets

$1.2M

FY 2023

Annual Giving

$461K

FY 2023

Grants Made

137

FY 2023

Avg Grant

$3K

FY 2023

Grant Range

$35–$187K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$648K

Total Expenses

$620K

Qualifying Distributions

$569K

Distributable Amount

$62K

Min. Investment Return

$62K

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

137 grants

Grant sizes from minimum $35 through median $500 to maximum $187K, 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

4 years

Giving over time from 2020 to 2023. Peak $461K in 2023. Hover bars for details.

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

Top Recipients

331 grants

EveryStep Foundation
$212K
4 grants
VARIETY THE CHILDRENS CHARITY OF IOWA
$188K
2 grants
AGC Education and Research Foundation
$60K
1 grant
VARIOUS PUBLIC CHARITIES
$43K
3 grants
PUPPY JAKE FOUNDATION
$35K
1 grant
SFAA Foundation
$35K
3 grants
ORCHARD PLACE FOUNDATION
$33K
3 grants
Great Outdoor Foundation
$20K
1 grant

Grant Size Distribution

331 grants

<$10K
316
grants
$10–50K
12
grants
$50–250K
3
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

34 states

Iowa
$987K
82% of total
Virginia
$61K
5% of total
District of Columbia
$46K
4% of total
Texas
$23K
2% of total
California
$16K
1% of total
Oregon
$10K
1% of total
Washington
$8K
1% of total
Minnesota
$6K
1% of total
Nebraska
$6K
1% of total
Florida
$5K
0% of total

+24 more states

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THE MERCHANTS BONDING COMPANY FOUNDATION — Grants, Financials & Contact | Grantivo