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Filing year 2024

Merck Foundation a New Jersey Nonprofit Corporation

Rahway, New Jersey·EIN 22-6028476·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$45.4M
Total assets
$328.3M
Total expenses
$26.4M
Reported officers
13

Reported officers (all unpaid)

No paid executives reported in 2024. Merck Foundation a New Jersey Nonprofit Corporation reported 13 unpaid officers and board members on its 990-PF.

Secretary
President
Assistant Treasurer
Assistant Secretary
Treasurer
Treasurer
Assistant Treasurer
Assistant Secretary
Chairperson of the Board
Executive Vice President
Chief Executive Offi
Vice President
Vice President Tax

Grants paid

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

Total granted

$25.4M

Itemized grants

78

Median grant

$50k

RecipientLocationPurposeAmount
VariousNJ, NOContribution provided$10.3M
The Childrens Inn at NIHMaryland, NOContribution provided$2.8M
University of New MexicoNew Mexico, NOContribution provided$1.7M
United Nations Foundation IncDC, NOContribution provided$1M
Medical College of Virginia FoundationVirginia, NOContribution provided$658k
American National Red CrossDC, NOContribution provided$600k
American Cancer SocietyDistrict of Colum, NOContribution provided$556k
The Franklin InstitutePennsylvania, NOContribution provided$500k
Memorial Sloan Kettering Cancer Center OSBINew York, NOContribution provided$400k
Case Western Reserve UniversityOhio, NOContribution provided$400k
Boston Medical Center CorporationMassachusetts, NOContribution provided$400k
Mary Bird Perkins Cancer CenterLouisiana, NOContribution provided$398k
Conquer Cancer Foundation of the American Society of Clinical OncologyVirginia, NOContribution provided$389k
University of Kentucky Research FoundationKentucky, NOContribution provided$374k
Saint Barnabas Health Care System FoundationNew Jersey, NOContribution provided$299k
National Comprehensive Cancer Network IncPennsylvania, NOContribution provided$255k
New Jersey Performing Arts CenterNew Jersey, NOContribution provided$250k
Cornerstone Christian AcademyPennsylvania, NOContribution provided$250k
POPULATION SERVICES INTERNATIONALDistrict of Colum, NOContribution provided$205k
Rutgers the State UniversityNew Jersey, NOContribution provided$204k
New Jersey Symphony OrchestraNew Jersey, NOContribution provided$200k
Hackensack University Medical CenterNew Jersey, NOContribution provided$150k
Community Servings IncMassachusetts, NOContribution provided$150k
Foundation for Health Leadership & InnovationNorth Carolina, NOContribution provided$150k
Health Promotion Council of Southeastern PAPhiladelphia, PAContribution provided$150k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Merck Foundation a New Jersey Nonprofit Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$17.3M
$26.1M
2023
$45.4M
$26.4M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

Merck Foundation a New Jersey Nonprofit Corporation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about Merck Foundation a New Jersey Nonprofit Corporation

What are Merck Foundation a New Jersey Nonprofit Corporation's revenue and expenses?

In 2024, Merck Foundation a New Jersey Nonprofit Corporation reported $45.4M in total revenue and $26.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.