Skip to main content
Filing year 2024

MERCHANTS FOUNDATION INC

Carmel, Indiana·EIN 88-1340802·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$450k
Total assets
$500
Total expenses
$450k
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. MERCHANTS FOUNDATION INC reported 6 unpaid officers and board members on its 990-PF.

Exec Director, President
Secretary
Treasurer
Director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$450k

Itemized grants

35

Median grant

$5k

RecipientLocationPurposeAmount
INDIANA UNIVERSITY FOUNDATION INCBLOOMINGTON, INGENERAL SUPPORT$90k
RDOOR - FKA (MERCHANTS AFFORDABLE HOUSING CORP)INDIANAPOLIS, INGENERAL SUPPORT$75k
COBURN PLACEINDIANAPOLIS, INGENERAL SUPPORT$50k
GREATER INDIANAPOLIS HABITAT FOR HUMANITYINDIANAPOLIS, INGENERAL SUPPORT$50k
PROVIDENCE CRISTO REY HIGH SCHOOLINDIANAPOLIS, INGENERAL SUPPORT$32k
FIRST BAPTIST ATHLETICSINDIANAPOLIS, INGENERAL SUPPORT$20k
LOCAL INITIATIVES SUPPORT CORPORATION (LISC) INDIANAINDIANAPOLIS, INGENERAL SUPPORT$20k
SECOND HELPINGSINDIANAPOLIS, INGENERAL SUPPORT$13k
CATCH THE STARS FOUNDATIONINDIANAPOLIS, INGENERAL SUPPORT$10k
COMMUNITY FOUNDATION OF RANDOLPH COUNTYWINCHESTER, ILGENERAL SUPPORT$10k
DOVE RECOVERY HOUSE FOR WOMENINDIANAPOLIS, INGENERAL SUPPORT$10k
PARTNERS IN HOUSINGINDIANAPOLIS, INGENERAL SUPPORT$10k
THE ARC MINNESOTASAINT PAUL, MNGENERAL SUPPORT$10k
MILLION MEAL MOVEMENTINDIANAPOLIS, INGENERAL SUPPORT$7k
A KID AGAIN - INDIANA CHAPTERINDIANAPOLIS, INGENERAL SUPPORT$5k
COALITION FOR HOMELESSNESS INTERVENTION AND PREVENTION (CHIP)INDIANAPOLIS, INGENERAL SUPPORT$5k
DREAM ALIVE INCINDIANAPOLIS, INGENERAL SUPPORT$5k
FOSTER SUCCESSINDIANAPOLIS, INGENERAL SUPPORT$5k
SEEDS OF HOPEINDIANAPOLIS, INGENERAL SUPPORT$5k
TWIN CITIES HABITAT FOR HUMANITYSAINT PAUL, MNGENERAL SUPPORT$3k
VILLAGE OF MERICIINDIANAPOLIS, INGENERAL SUPPORT$3k
GLEANER'S FOOD BANKINDIANAPOLIS, INGENERAL SUPPORT$2k
ALZHEIMER'S ASSOCIATION OF GREATER INDIANAINDIANAPOLIS, INGENERAL SUPPORT$1k
THE O'CONNOR HOUSEWASHINGTON, DCGENERAL SUPPORT$1k
THE OPEN DOOREAGAN, MNGENERAL SUPPORT$984
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MERCHANTS FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$107k
$106k
2023
$450k
$450k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Indiana

MERCHANTS FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Indiana earns a median of $18,575.

25th percentile
$5k
Median
$18,575
75th percentile
$71k
90th percentile
$154k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 669 organizations across 669 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Indiana
FAQ

Common questions about MERCHANTS FOUNDATION INC

What are MERCHANTS FOUNDATION INC's revenue and expenses?

In 2024, MERCHANTS FOUNDATION INC reported $450k in total revenue and $450k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.