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Arthur J & Kathryn D Mervenne Foundation is a private corporation based in HOLLAND, MI. The foundation received its IRS ruling in 1995. The principal officer is Laurie M Hekman. It holds total assets of $159K. Annual income is reported at $123K. Total assets have decreased from $306K in 2011 to $155K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Michigan. According to available records, Arthur J & Kathryn D Mervenne Foundation has made 18 grants totaling $501K, with a median grant of $30K. The foundation has distributed between $90K and $211K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $211K distributed across 8 grants. Individual grants have ranged from $10K to $40K, with an average award of $28K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$30K
Average Grant
$30K
Largest Grant
$35K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Arthur J & Kathryn D Mervenne Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in MI.
Arthur J & Kathryn D Mervenne Foundation has distributed a total of $501K across 18 grants. The median grant size is $30K, with an average of $28K. Individual grants have ranged from $10K to $40K.
Arthur J & Kathryn D Mervenne Foundation typically selects its grantees rather than accepting unsolicited proposals.
Arthur J & Kathryn D Mervenne Foundation is headquartered in HOLLAND, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mercedes B Saurbaugh | DIRECTOR | $0 | $0 | N/A |
| Gwendolyn K Boeve | DIRECTOR | $0 | $0 | N/A |
| Marjorie S Hekman | DIRECTOR | $0 | $0 | N/A |
Total Giving
$101K
Total Assets
$155K
Fair Market Value
$2.2M
Net Worth
$155K
Grants Paid
$95K
Contributions
N/A
Net Investment Income
$101K
Distribution Amount
$107K
Total Grants
18
Total Giving
$501K
Average Grant
$28K
Median Grant
$30K
Unique Recipients
4
Most Common Grant
$35K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL OPERATIONS | Holland, MI | $30K | 2023 |
| ResilienceGENERAL OPERATIONS | Holland, MI | $20K | 2023 |
| Community Action HouseGENERAL OPERATIONS | Holland, MI | $35K | 2023 |
| Camp SunshineGENERAL OPERATIONS | Holland, MI | $10K | 2023 |