Merchants Foundation Inc | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Merchants Foundation Inc. Data shown is extracted from Form 990-PF filings.
EIN: 88-1340802
Foundation Overview
Based in Carmel, IN, Merchants Foundation Inc has awarded 45 grants totaling $657,066 to organizations in Indiana, District of Columbia and 6 other states across the US. Individual grants range from $563 to $90,000, with a median award of $5,000.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
35 of 35 recipients (100%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.
Geographic Focus
73% of all grants are concentrated in Indiana, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Indiana, funding concentrates in Indianapolis (82%), Carmel (6%), Bloomington (6%).
Funding Trajectory
Strong 333% growth in annual giving over 1 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Diversified giving across multiple program areas with primary emphasis on community projects (50%). This broad approach suggests openness to various causes and innovative cross-sector solutions.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Merchants Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| A Kid Again - Indiana Chapter | $5,000 | Indianapolis, IN, US | General Support | 2024 |
| Alzheimer's Association Of Greater Indiana | $1,000 | Indianapolis, IN, US | General Support | 2024 |
| Capital Area Food Bank Inc | $638 | Washington, DC, US | General Support | 2024 |
| Catch The Stars Foundation | $10,000 | Indianapolis, IN, US | General Support | 2024 |
| Churches Of Mercer County Food Pantry | $648 | Aledo, IL, US | General Support | 2024 |
| Coalition For Homelessness Intervention And Prevention (Chip) | $5,000 | Indianapolis, IN, US | General Support | 2024 |
| Coburn Place | $50,000 | Indianapolis, IN, US | General Support | 2024 |
| Community Foundation Of Randolph County | $10,000 | Winchester, IL, US | General Support | 2024 |
| Dove Recovery House For Women | $10,000 | Indianapolis, IN, US | General Support | 2024 |
| Dream Alive Inc | $5,000 | Indianapolis, IN, US | General Support | 2024 |
| First Baptist Athletics | $20,000 | Indianapolis, IN, US | General Support | 2024 |
| Food Bank Of South Jersey Inc | $900 | Pennsauken, NJ, US | General Support | 2024 |
| Foster Success | $5,000 | Indianapolis, IN, US | General Support | 2024 |
| Gateway Hunger Relief Center | $687 | Richmond, IN, US | General Support | 2024 |
| Gleaner's Food Bank | $2,340 | Indianapolis, IN, US | General Support | 2024 |
| Greater Indianapolis Habitat For Humanity | $50,000 | Indianapolis, IN, US | General Support | 2024 |
| Hands Of Christ Food Pantry | $635 | Paxton, IL, US | General Support | 2024 |
| Indiana University Foundation Inc | $90,000 | Bloomington, IN, US | General Support | 2024 |
| Local Initiatives Support Corporation (Lisc) Indiana | $20,000 | Indianapolis, IN, US | General Support | 2024 |
| Lynn Community Food Pantry | $777 | Lynn, IN, US | General Support | 2024 |
| Million Meal Movement | $7,020 | Indianapolis, IN, US | General Support | 2024 |
| New York Common Pantry Inc | $563 | New York City, NY, US | General Support | 2024 |
| Partners In Housing | $10,000 | Indianapolis, IN, US | General Support | 2024 |
| Paws Pantry At Iupui | $597 | Bloomington, IN, US | General Support | 2024 |
| Providence Cristo Rey High School | $32,000 | Indianapolis, IN, US | General Support | 2024 |
| Rdoor - Fka (Merchants Affordable Housing Corp) | $75,000 | Indianapolis, IN, US | General Support | 2024 |
| Saint Francis House Inc | $587 | Boston, MA, US | General Support | 2024 |
| Second Helpings | $13,000 | Indianapolis, IN, US | General Support | 2024 |
| Seeds Of Hope | $5,000 | Indianapolis, IN, US | General Support | 2024 |
| St Petersburg Free Clinic Inc | $644 | St Petersburg, FL, US | General Support | 2024 |
| The Arc Minnesota | $10,000 | Saint Paul, MN, US | General Support | 2024 |
| The O'connor House | $1,000 | Washington, DC, US | General Support | 2024 |
| The Open Door | $984 | Eagan, MN, US | General Support | 2024 |
| Twin Cities Habitat For Humanity | $3,000 | Saint Paul, MN, US | General Support | 2024 |
| Village Of Merici | $2,500 | Indianapolis, IN, US | General Support | 2024 |
| Fields Market Garden | $81,273 | Carmel, IN, US | Community And Development | 2023 |
| Catch The Stars | $7,500 | Indianapolis, IN, US | Event Sponsorship And Scholarship Aid | 2023 |
| Gennesaret Free Clinics | $5,000 | Indianapolis, IN, US | General Purpose | 2023 |
| Neighborlink Indianapolis Foundation | $5,000 | Indianapolis, IN, US | General Purpose | 2023 |
| Brightlane Learning | $5,000 | Indianapolis, IN, US | General Purpose | 2023 |
| Fields Market Garden | $81,273 | Carmel, IN, US | Community And Development | 2023 |
| Catch The Stars | $7,500 | Indianapolis, IN, US | Event Sponsorship And Scholarship Aid | 2023 |
| Gennesaret Free Clinics | $5,000 | Indianapolis, IN, US | General Purpose | 2023 |
| Neighborlink Indianapolis Foundation | $5,000 | Indianapolis, IN, US | General Purpose | 2023 |
| Brightlane Learning | $5,000 | Indianapolis, IN, US | General Purpose | 2023 |
Foundations Similar to Merchants Foundation Inc
Discover 5 foundations with comparable assets ($265-$636), similar grant patterns, and geographic focus in IN that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Eckco For Christ Inc
EIN: 46-4387880 | 7 grants awarded |
$555
(≈ Similar) |
$6,628
median grant |
Mishawaka, IN
Same state |
|
|
The Traylor Family Foundation Inc
EIN: 35-2128383 | 11 grants awarded |
$636
(↑ Larger) |
$7,179
median grant |
Evansville, IN
Same state |
|
|
Garatoni-smith Scholarship Corporation
EIN: 88-3042043 | 23 grants awarded |
$335
(↓ Smaller) |
$10,000
median grant |
Mishawaka, IN
Same state |
|
|
Lewis Mcwilliams Rollins Hubbard Family Foundation Inc
EIN: 20-1697938 | 1 grants awarded |
$265
(↓ Smaller) |
$3,500
median grant |
Columbus, IN
Same state |
|
|
Citation Oil & Gas Corp Charitable
EIN: 30-0580920 | 19 grants awarded |
$500
(≈ Similar) |
$5,000
median grant |
Houston, TX |
|
Related Foundation Resources in IN:
Contact Information
Official contact details for Merchants Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 88-1340802 |
| Website | http://www.merchantsfoundation.org |
| Address | 410 MONON BLVD Carmel, IN 46032-2345 |
Key People (6)
Board members, trustees, and key staff who oversee Merchants Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Exec Director, President | Julia L Kaercher |
|---|---|
| Director | Michael Dury |
| Director | Michael Petrie |
| Director | Michael Dunlap |
| Secretary | Terry Oznick |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Merchants Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
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