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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
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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.