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Filing year 2024

THE MERCHANTS BONDING COMPANY FOUNDATION

West Des Moines, Iowa·EIN 26-3035459·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$468k
Total assets
$1.2M
Total expenses
$285k
Reported officers
10

Reported officers (all unpaid)

No paid executives reported in 2024. THE MERCHANTS BONDING COMPANY FOUNDATION reported 10 unpaid officers and board members on its 990-PF.

President
Treasurer & Secretary
Director
Director
Director
Director
Director
Director
Vice President
Vice President

Grants paid

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

Total granted

$209k

Itemized grants

133

Median grant

$620

RecipientLocationPurposeAmount
Great Outdoor FoundationDES MOINES, IAPROGRAM SUPPORT$20k
Iowa Soccer DeleopmentDES MOINES, IAPROGRAM SUPPORT$20k
Greater Des Moines Public Art FoundationDes Moines, IAPROGRAM SUPPORT$10k
Community Foundation of Greater Des MoinesDES MOINES, IAPROGRAM SUPPORT$8k
United WayDES MOINES, IAPROGRAM SUPPORT$7k
Greater Des Moines Botanical GardenDES MOINES, IAPROGRAM SUPPORT$7k
Blank Park ZooDES MOINES, IAPROGRAM SUPPORT$5k
MercyOne Foundation of Des MoinesDES MOINES, IAPROGRAM SUPPORT$5k
Pinky Swear FoundaitonEDINA, MNPROGRAM SUPPORT$5k
Wesley LifeJOHNSTON, IAPROGRAM SUPPORT$5k
Iowa Collage FoundationDES MOINES, IAPROGRAM SUPPORT$5k
Boys & Girls Club of Central Iowades moines, IAPROGRAM SUPPORT$4k
IOWA COALITION FOR PUBLIC CHARTER SCHOOLSURBANDALE, IAPROGRAM SUPPORT$4k
Variety - The Childrens CharityDES MOINES, IAPROGRAM SUPPORT$4k
Des Moines Metro OperaINDIANOLA, IAPROGRAM SUPPORT$3k
TECH JOURNEYURBANDLAE, IAPROGRAM SUPPORT$3k
Dream Team Des MoinesDES MOINES, IAPROGRAM SUPPORT$3k
Leukemia & Lymphoma SocietyNEW YORK, NYPROGRAM SUPPORT$3k
SURETY FOUNDATION THEWASHINGTON, DCPROGRAM SUPPORT$3k
Above Beyond CancerWEST DES MOINES, IAPROGRAM SUPPORT$3k
Bravo Greater Des MoinesDES MOINES, IAPROGRAM SUPPORT$3k
DES MOINES REFUGEE SUPPORTNORWALK, IAPROGRAM SUPPORT$3k
Des Moines SymphonyDES MOINES, IAPROGRAM SUPPORT$3k
DMPS FoundationDES MOINES, IAPROGRAM SUPPORT$3k
GENESIS YOUTH FOUNDATIONDES MOINES, IAPROGRAM SUPPORT$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE MERCHANTS BONDING COMPANY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$648k
$620k
2023
$468k
$285k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Iowa

THE MERCHANTS BONDING COMPANY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Iowa earns a median of $9,846.

25th percentile
$2k
Median
$9,846
75th percentile
$52k
90th percentile
$140k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 312 organizations across 312 filings (2022 – 2024).

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

Common questions about THE MERCHANTS BONDING COMPANY FOUNDATION

What are THE MERCHANTS BONDING COMPANY FOUNDATION's revenue and expenses?

In 2024, THE MERCHANTS BONDING COMPANY FOUNDATION reported $468k in total revenue and $285k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.