NonprofitsThe Merchants Fund Of Philadelphia

The Merchants Fund Of Philadelphia

PHILADELPHIA, PA

Total revenue

$1.8M

Total expenses

$1.1M

Net assets

$18.0M

Grants received

$1.7M

19 grants

EIN

231584975

Tax year

2024

Mission

To provide grants and other support to merchants and small businesses in philadelphia.

Financials

FY 2024

Revenue

Contributions & grants$949K
Program service revenue
Investment income$896K
Other revenue
Total revenue$1.8M

Expenses

Grants paid$662K
Salaries & benefits$297K
Fundraising$20K
Other expenses$187K
Total expenses$1.1M
Total assets$18.2M
Net assets$18.0M

People

16 listed

NameRoleCompensation

JILL FINK

EXECUTIVE DIRECTOR

Board

$173K

40 hrs/wk

KERSEY AZOCAR

BOARD MEMBER

Board

1 hrs/wk

TOM GINSBERG

BOARD MEMBER

Board

1 hrs/wk

PETER GONZALES

PRESIDENT

Board

1 hrs/wk

BRUCE HOTALING

BOARD MEMBER

Board

1 hrs/wk

JAMES JOHNSON-PIETT

BOARD MEMBER

Board

1 hrs/wk

VANESSA LOWE

BOARD MEMBER

Board

1 hrs/wk

SEULKY MCINNESHIN

BOARD MEMBER

Board

1 hrs/wk

CAREY MORGAN

TREASURER

Board

1 hrs/wk

SHAWN NESBIT

BOARD MEMBER

Board

1 hrs/wk

SAMANTHA PORTER

SECRETARY

Board

1 hrs/wk

ELBERT SAMPSON

BOARD MEMBER

Board

1 hrs/wk

SHALIMAR THOMAS

BOARD MEMBER

Board

1 hrs/wk

JOANNA WINCHESTER

BOARD MEMBER

Board

1 hrs/wk

ANA LISA YODER

VICE PRESIDENT

Board

1 hrs/wk

ADNAN ZULFIQAR

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear
$20K
GENERAL OPERATING
2024
$10K
CHARITABLE STIPENDS TO LOCAL MERCHANTS IN FINANCIA
2024
$320K
GENERAL OPERATING
2023
$100K
IN SUPPORT OF FINANCIAL HEALTH
2023
$17K
GENERAL OPERATING
2023
$320K
GENERAL OPERATING
2022
$135K
FOR URBANE DEVELOPMENT (JAMES JOHNSON PIETT) FOR BII COHORT PARTICIPATORY GRANTMAKING POOL
2022
$10K
GRANT FOR BUSINESS SUPPORT ORGANIZATION
2022
$9K
GENERAL OPERATING
2022
$290K
GENERAL OPERATING
2021
$26K
FOR URBANE DEVELOPMENT (JAMES JOHNSON PIETT) FOR BII COHORT PARTICIPATORY GRANTMAKING POOL
2021
$12K
GRANT TO FUND 4 CHILDCARE PROVIDERS IN PHILADELPHIA
2021
$10K
RELIEF FOR INDIGENT
2021
$280K
GENERAL OPERATING
2020
$60K
CAPACITY BUILDING FOR COVID-19 RESPONSE
2020
$10K
RELIEF FOR INDIGENT
2020
$50K
GENERAL SUPPORT
2019
$10K
RELIEF FOR INDIGENT
2019
$10K
RELIEF FOR INDIGENT
2018

Funded by

$1.7M from 9 funders · 19 grants · 2018–2024

Elkin Lewis Fund Tw

$1.2M · 4 grants · 2020–2023

Rsf Social Finance Inc

$161K · 2 grants · 2021–2022

Jpmorgan Chase Foundation

$100K · 1 grant · 2023

Geddes Carries Decd T W

$85K · 7 grants · 2018–2024

United Philanthropy Forum

$60K · 1 grant · 2020

Cencora Impact Foundation

$50K · 1 grant · 2019

Pennsylvania 30 Day Fund Inc

$12K · 1 grant · 2021

The Philadelphia Foundation

$10K · 1 grant · 2024

Details

EIN231584975
Subsection03
Ruling date2022-09
Formed1854
Employees3
Volunteers19
THE MERCHANTS FUND OF PHILADELPHIA — Mission, Financials & Grants Received | Grantivo